A spin-on hydraulic filter is a low-pressure filter that serves as a suction filter for the hydraulic circuit's return line. These filters are utilized in three main functional areas, such as pressure lines, return lines, and off-lines. These filters are used to protect individual pumps, valves, or the complete hydraulic circuit against oil, emulsion, and other hydraulic fluid contaminants. Furthermore, these filters are often made up of a head that can be directly installed in line with the return piping and a cartridge that contains an element that is mounted onto a threaded post. Hydraulic filters protect hydraulic components from impurities generated by gear drives, which are mostly caused by wear on gears, wet brakes, and clutches. The return line spin-on hydraulic filters provide the system's required level of oil cleanliness.
Market Scope and Structure Analysis
Description
The spin-on hydraulic filters are widely adopted in construction, agricultural machinery, petrochemical industry, and mining industry. In agricultural machinery, spin-on hydraulic filters are used to filter hydraulic fluids and lubricant oils in power units. Agriculture equipment that uses hydraulic filters requires lubricant consolidation, which includes fluid filters. These filters are beneficial in high-corrosion settings. Furthermore, the usage of these filters in agricultural vehicles benefits from absolute filtration of the oil for hydrostatic drive and protection against cavitation damage under unfavorable conditions.
COVID-19 Impact analysis
- The COVID-19 pandemic halted the production of various products in the spin-on hydraulic filter industry, which is attributed to the global lockdown. This has hampered the growth of spin-on hydraulic filter market from the last few months and is likely to continue through 2022.
- COVID-19 affected the sales of spin-on hydraulic filter in the first quarter of 2021 and is anticipated to cause a negative impact on the market growth throughout the year.
- The major demand for spin-on hydraulic filter was previously noticed from giant manufacturing countries, such as North America, Europe, Asia-Pacific, and South America, which are negatively affected by the spread of the coronavirus, thereby declining the demand for filters.
- Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on their cash reserves. Spin-on hydraulic filter manufacturers can afford a full lockdown only for a few months, after which the players have to modify their investment plans. For instance, various players in the market halted their production activities for several weeks to reduce their expenses. On the contrary, few players adopted employee lay-offs to sustain themselves during the COVID-19 health crisis.
- Spin-on hydraulic filter manufacturers are expected to focus on protecting their workforce, operations, and supply chains to respond to immediate crises and find new ways of working after COVID-19. For instance, provision of sanitizers, maintaining social distance, and ensuring the vaccination of every employee in the company can assist in promoting the health & safety of the workforce.
Top Impacting Factors
Increased emphasis on reducing carbon footprint is a key factor driving the global spin-on hydraulic filter market's growth. Various governments are concentrating on rigorous laws to reduce carbon footprints, improve system efficiency, and cut emissions. For example, in the U.S., the corporate average fuel economy (CAFÉ) standards promote the use of energy-efficient automobiles by developing standards to reduce petroleum usage. It is involved in reducing greenhouse gas emissions and encouraging the development of innovative technologies that is expected to increase reliance on renewable and conservation energy sources. This offers a highly favorable environment for the expansion of spin-on-hydraulic filter industry.
- Key players are manufacturing hydraulic filters for automotive industry to offer fuel efficiency and lowest carbon emissions. For instance, in December 2021, UFI Filters launched oil and diesel hydraulic filters for FIAT DUCATO. A cartridge is placed inside the die-cast aluminum oil module, which has a UFI heat exchanger. This oil filter is made of glass fibers and can filter even the smallest particles Beta2 @12 microns. The UFI Filters module includes a bypass valve, which allows the engine components to be lubricated in the event of a cold start, as well as an anti-drain valve, which stops oil from draining into the sump.
- In August 2021, Schroeder Industries launched RF14 Backflushing AutoFilt Filter. The RF14 is designed to be a self-cleaning system for particle extraction from low viscosity fluids. It is used in a variety of industries, including automotive, food and beverage, and plastics.
- Similarly, in April 2020, Ikron launched Fluxoil oil filtration system. IKRON Fluxoil units are intended for use in mobile installations and equipment to reach and maintain required ISO cleanliness requirements. It is compatible with mineral and hydraulic oils.
Key Benefits of the Report
- This study presents the analytical depiction of the spin-on hydraulic filter industry along with the current trends and future estimations to determine the future investment pockets.
- The report presents detailed information related to key drivers, restraints, opportunities, and market share of spin-on hydraulic filter.
- A quantitative analysis highlights the spin-on hydraulic filter growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed spin-on hydraulic filter analysis based on competitive intensity and how the competition will take shape in coming years.
Spin-on Hydraulic Filter Market Report Highlights
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