The material you use has to be water proof and non restrictive to air flow when wet. So Gortex (restrictive) fiber glass (Not really water proof) might not work to well. The carbon filter would be GREAT until it got completely wet.
I think whatever you make it needs to be able to drain off. I’m thinking something the water can condensate onto then as it collects at the bottom, it be drained off.
Air compressors have air dryers/water separators, for catching moisture. Heres a real cheep one. They might be too restrictive also. But for $4 it may be wroth a try. Maybe run 2 in parallel to minimize any back pressure.
http://www.harborfreight.com/cpi/cta...emnumber=43764