Global Industrial Filtration Market

Industrial Filtration Market Size, Share, Growth Analysis, By Type(Liquid (Pressure filtration, Centrifugal filtration, Gravity filtration, Vacuum filtration), By Filter Media(Activated Carbon/ Charcoal, Fiberglass, Filter Paper, Metal), By Product(Filter Press, Bag Filter, Drum Filter, Depth Filter), By End User(Food & Beverage, Chemicals & Petrochemicals, Power Generation, Oil & Gas), By Region - Industry Forecast 2024-2031


Report ID: SQMIG20I2154 | Region: Global | Published Date: July, 2036
Pages: 165 | Tables: 136 | Figures: 77

Industrial Filtration Market Insights

Industrial Filtration Market size was valued at USD 20.5 billion in 2019 and is poised to grow from USD 23.2 billion in 2023 to USD 36 billion by 2031, growing at a CAGR of 6.49% in the forecast period (2024-2031).

The market is influenced by a number of significant factors, such as government-enacted environmental regulations and policies, the need for safe working environments in industrial facilities, the rising demand for equipment dependability and equipment lifespan extension, and the growth of industry in developing nations.

The need for safe working environments in industrial facilities, rising urbanisation and industrialization across the globe, particularly in Asia-Pacific, stringent government policies that aim to eliminate or limit airborne pollutant concentrations in order to protect human health, and rising consumer demand for high-quality products are all driving the growth of the global industrial filtration market.

The market is largely driven by the water and wastewater treatment industry. The sector uses a number of procedures, including sewage treatment, water recycling, effluent treatment, and water treatment. Technology used in the sector also includes testing, disinfection, and distillation. The need for industrial filtering, which is necessary to remove pipe scale, algae, sand, and slit from the primary water source, is anticipated to increase as a result.

US Industrial Filtration Market  is poised to grow at a sustainable CAGR for the next forecast year.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Industrial Filtration Market size was valued at USD 20.5 billion in 2019 and is poised to grow from USD 23.2 billion in 2023 to USD 36 billion by 2031, growing at a CAGR of 6.49% in the forecast period (2024-2031).

Top Players in the Global Industrial Filtration Market  'Pall Corporation', 'Donaldson Company, Inc.', 'Eaton Corporation plc', 'Parker Hannifin Corporation', 'Filtration Group Corporation', 'Camfil ', 'Ahlstrom-Munksjö ', 'Freudenberg Filtration Technologies SE & Co. KG', 'Mann+Hummel Group', 'Clarcor Industrial Air', 'Alfa Laval', 'Lenntech BV', 'Sefar AG', 'BWF Envirotec', 'Cummins Filtration Inc.', 'Mott Corporation', 'Pentair plc', 'Porvair plc', '3M Company', 'W. L. Gore & Associates, Inc.'

Industries are required to install air and liquid filtering equipment as a result of the implementation of rigorous rules brought on by growing environmental concerns. The market has been driven at a global level by strict government rules limiting the emissions levels that encourage the usage of industrial filtration systems.

A significant development prospect is the digitalization of filtration devices, which enables the monitoring of industrial filters in real-time. The filters have sensors built in that keep track of the air cleaners' load status and send service-related data to the plant operator. By preventing unplanned equipment downtimes, this technique aids in the best possible planning of maintenance. Filters linked to sensor technologies can be changed at precisely the right moment. Additionally, it helps to reduce the chance of utilising filters past their usefulness, ensuring the machines' longest possible service lives.

In North America, the industrial filtration market was valued to be worth more than USD 18.58 billion in 2021. This is the result of large investments made by regional industry to comply with rules set by organisations like the EPA and WHO. Furthermore, the region's market is being supported by thriving sectors including healthcare and electricity generation. Global demand for semiconductors and microelectronics has surged as a result of rapid digitalization. Asia Pacific has a substantial market share because it is the centre of the electronics sector. On the other hand, the market in Europe will be defined by expanding food and beverage and pharmaceutical sectors there.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Industrial Filtration Market

Report ID: SQMIG20I2154

$5,300
BUY NOW GET FREE SAMPLE