Reports
Global Coalescing Filter Market: By Type: Vertical Coalescing Filter, Horizontal Coalescing Filter; By Application: Oil and Gas, Petrochemicals, Chemicals, Power Generation, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments
Global Coalescing Filter Market Outlook
The global coalescing filter market is expected to grow at a CAGR of 8.0% during the period 2023-2028. The market is likely to be driven by need for coalescing filters to protect sensitive equipment operated by compressed air. A high efficiency coalescing filter can regulate the effects of oil, water, and particulates present in almost all compressed air supply lines. Coalescing filters with very high efficiencies are often specified for critical applications. North America, Europe and Asia are likely to be key markets.
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Global Market Likely to be Driven by Applications of Coalescing Filters in Critical Industrial Applications
In downstream oil and gas operations, splitting up of various crude fractions is performed for the purpose of purification or commercialization. The separation process entails removing multiple liquids and gases from the hydrocarbon mix in separation units. Examples include gas-oil, fuel-gas, and water-gas separation. A coalescer is used for this purpose. A coalescer is employed in the oil and gas processing and petrochemical industries to carry out coalescence. Coalescence refers to the process of causing an agglomeration of liquid aerosols to create larger droplets (large enough) to be drained away gravitationally. A coalescer may be employed by itself, or as part of a larger separation unit. The two types of coalescers used in the industry are electrostatic coalescers and mechanical coalescers.
Coalescing filters are particularly devised to remove submicronic contamination from compressed air. A coalescing filter is used to separate vapours, liquids, soluble particles, or oil from some other fluid through a coalescing effect. The filter comprises multiple progressive layers which carry out specific functions (separating solid particles to liquid molecules from a gas flow). Common materials employed as coalescing filters include semi-permeable membranes and borosilicate microfibres. For natural gas, a coalescing filter separates water vapour and other particulates to enhance product purity. Coalescing filters are generally found in applications extending from paint spraying and food preparation to the production of paper materials.
Industrial Applications of Coalescing Filters Likely to Boost Market Growth
Coalescing filters provide clean air for several applications. Such applications are expected to drive the global coalescing filter market. Clean compressed air is important in industries such as food processing, electronics, health care, photography, dairy and instrumentation. Compressed air and other gases are employed to convey materials, provide and control energy and protect equipment or personnel. Clean air in such and other important applications must be free of both solid particulate contamination and liquid aerosols. These oil and water aerosols can only be removed with the help of coalescing filters.
Applications of coalescing filters include compressor room/controls, medical/dental, food packaging/beverage bottling, microelectronics, plastic blow moulding, spray painting/powder coating, and packaging/printing. Other applications include spray paint equipment, pneumatic conveyors, gas separator systems, beverage dispensers, pneumatic power systems, laboratory and process gas usage, air gauging in manufacturing processes, air logic and control circuits, breathing air (fixed or portable systems), air bearings for mechanical power transmission, cooling and protecting sensitive instruments, and aeration in pharmaceutical and chemical processes.
Market Segmentation
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By type, the global coalescing filter market is segmented into:
- Vertical Coalescing Filter
- Horizontal Coalescing Filter
By application, the market is classified into:
- Oil and Gas
- Petrochemicals
- Chemicals
- Power Generation
- Others
By region, the market is divided into:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Key Industry Players in the Market
The report presents a detailed analysis of the following key players in the global coalescing filter market, looking into their capacity, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- HYDAC Technology Corporation
- Boll & Kirch Filterbau GmbH
- GTS Filters & Systems (India) Pvt Ltd.
- Hilliard Corporation.
- Microtech Filters Ltd.
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Coalescing Filter Market Analysis
8.1 Key Industry Highlights
8.2 Global Coalescing Filter Historical Market (2018-2022)
8.3 Global Coalescing Filter Market Forecast (2023-2028)
8.4 Global Coalescing Filter Market by Type
8.4.1 Vertical Coalescing Filter
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Horizontal Coalescing Filter
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.5 Global Coalescing Filter Market by Application
8.5.1 Oil and Gas
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Petrochemicals
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Chemicals
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Power Generation
8.5.4.1 Historical Trend (2018-2022)
8.5.4.2 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global Coalescing Filter Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2022)
8.6.4.2 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2022)
8.6.5.2 Forecast Trend (2023-2028)
9 North America Coalescing Filter Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Coalescing Filter Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Coalescing Filter Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Coalescing Filter Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Coalescing Filter Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 HYDAC Technology Corporation
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Boll & Kirch Filterbau GmbH
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 GTS Filters & Systems (India) Pvt Ltd.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Hilliard Corporation.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Microtech Filters Ltd.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Coalescing Filter Market: Key Industry Highlights, 2018 and 2028
2. Global Coalescing Filter Historical Market: Breakup by Type (USD Million), 2018-2022
3. Global Coalescing Filter Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Global Coalescing Filter Historical Market: Breakup by Application (USD Million), 2018-2022
5. Global Coalescing Filter Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Global Coalescing Filter Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Coalescing Filter Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Coalescing Filter Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Coalescing Filter Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Coalescing Filter Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Coalescing Filter Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Coalescing Filter Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Coalescing Filter Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Coalescing Filter Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Coalescing Filter Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Coalescing Filter Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Coalescing Filter Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Global Coalescing Filter Market Structure
Key Questions Answered in the Report
The global coalescing filter market is projected to grow at a CAGR of 8.0% between 2023 and 2028.
The major drivers of the market include the increasing production and exploration activities, increasing focus on mining industry, rising demand from oil and gas companies for refining oil and minerals, and increased market capitalisation.
The applications of coalescing filters in critical industrial applications and increasing investments in oil and gas industry are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The various types of coalescing filter are vertical coalescing filter and horizontal coalescing filter.
The major applications of the market are oil and gas, petrochemicals, chemicals, and power generation, among others.
The major players in the industry are HYDAC Technology Corporation, Boll & Kirch Filterbau GmbH, GTS Filters & Systems (India) Pvt Ltd., Hilliard Corporation., and Microtech Filters Ltd., among others.
Analyst Review
The global coalescing filter market was driven by the applications of coalescing filters in critical industrial applications in the historical period. Aided by the increasing production and exploration activities and increasing investments in oil and gas industry, the market is expected to grow at a CAGR of 8.0% in the forecast period of 2023-2028.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The various types of coalescing filter are vertical coalescing filter and horizontal coalescing filter. The major applications of the market are oil and gas, petrochemicals, chemicals, and power generation, among others. The major regional markets for coalescing filter market are North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa. The major players in the industry are HYDAC Technology Corporation, Boll & Kirch Filterbau GmbH, GTS Filters & Systems (India) Pvt Ltd., Hilliard Corporation., and Microtech Filters Ltd., among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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