Research and Markets has announced it has added Hydraulic Filter Market Report: Trends, Forecast and Competitive Analysis report to ResearchAndMarkets.com´s offerings, the company said.
The hydraulic filter market is expected to reach an estimated USD 6.8 billion by 2024 with a CAGR of 3.6% from 2019 to 2024.
The future of the hydraulic filter market looks promising with opportunities in the construction machinery, mining, petrochemical, aerospace, marine, and transportation industries.
The analyst forecasts that pressure side filter will remain the largest segment and it is also expected to witness the highest growth over the forecast period as these filters are designed to clean the fluid to protect the pump and other sensitive components.
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