Market Size in 2023 | Market Forecast in 2032 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 37.27 Billion | USD 63.28 Billion | CAGR at 6.18% | 2023 |
According to the report published by Zion Market Research, The Global Industrial Filtration Market was valued at USD 37.27 Billion in 2023 and is predicted to reach USD 63.28 Billion by the end of 2032. The market is expected to grow with a CAGR of 6.18% during the forecast period.
This study provides an analysis of the growth drivers, growth restrictions, and influence on demand that are associated with the Global Industrial Filtration Market over the time of forecasting. Additionally, it will assist in navigating and investigating the possibilities that are becoming available in the Industrial Filtration Market market.
An industrial floor is usually a covered space where several manufacturing practices and similar operations are performed at the same time, around the clock. This constant operation usually produces minute amounts of airborne particles, dust, chemicals, and other allergens in the industrial area. Thus, unnecessary airborne particles should always be monitored so that they are not released and spoil the external surroundings. This is primarily achieved through industrial filtration.
Industrial filtration primarily serves the function of constantly filtering out unnecessary effluents with the help of heavy duty filter media as well as capturing them in a filter bag. Industrial gases should also be filtered from unnecessary impurities to enhance the quality of the commodities manufactured subsequently. Therefore, industrial filtration is a vital division of an industrial floor.
Different processes, such as sewage treatment, water treatment, water recycling, and effluent treatment, taking place in the water and wastewater sectors involve filtration, disinfection, testing, and distillation. This is likely to fuel the demand and requirement for industrial filtration, which is needed to remove the pipe scale, slit, sand, and algae from the main source of water. In addition, several countries are taking many initiatives to treat and recycle their water resources.
These aspects will certainly propel investment in wastewater and water treatment plants. The expansion of the water and wastewater treatment division is expected to be the most important growth aspect for the global industrial filtration market in the coming future. Subsequently, the requirement for filtration processes is likely to increase in the coming years owing to increasing need for water. In addition, industrial filters are mostly used to filter as well as measure various contaminants, for instance, perfluoroalkyl or polyfluoroalkyl chemicals, and lead.
In terms of product type, the global industrial filtration market can be classified as air filters, liquid filters, and others.
In terms of air filters, the global industrial filtration market is divided into electrostatic precipitators, HEPA, ULPA, bag filters, PTFE membranes, and others.
In terms of liquid filters, the global industrial filtration market is fragmented into depth filters, cartridges, strainers, and others.
In terms of end-user, the global industrial filtration market is categorized into food and beverage industry, automotive industry, power generation plants, mining industry, petroleum industry, chemical industry, pharmaceutical industry, and others.
Report Attributes | Report Details |
---|---|
Report Name | Industrial Filtration Market Research Report |
Market Size in 2023 | USD 37.27 Billion |
Market Forecast in 2032 | USD 63.28 Billion |
Growth Rate | CAGR of 6.18% |
Number of Pages | 201 |
Key Companies Covered | Ahlstrom-Munksjö, Alfa Laval, Eaton, Donaldson, Mann+Hummel, Freudenberg, Parker Hannifin Corporation., and Pall Corporation, among others. |
Segments Covered | By Product Type, By Filters, By Liquid Filters, By End-Use, and By Region |
Regions Covered | Latin America, North America, Asia Pacific, Europe, The Middle East, And Africa |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Customized purchase options are available to meet your exact research needs. Request For Customization |
The global industrial filtration market can be classified into seven major regional locations, such as Asia Pacific, North America, Western Europe, Eastern Europe, Latin America, the Middle East & Africa, and Japan. Flourishing industrialization in the Asia Pacific province, particularly in China, is projected to fuel the development of the global industrial filtration market. The slower but stable pace of industrialization development in Western Europe, North America, and other countries in the Asia-Pacific region will increase the demand for the global industrial filtration market.
Some of the most important market players in the global industrial filtration market are
By Product Type
By Filters
Liquid Filters
End-User
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