Global Industrial Filtration Market Report and Forecast 2024-2032

Global Industrial Filtration Market Outlook

The global industrial filtration market size is expected to grow at a CAGR of 6.10% between 2024 and 2032. The key drivers of the market include increasing industrialisation in developing countries and rising focus towards air quality.

Key Trends in the Market

Industrial filtration is the process of removing contaminated particles from air, gas or liquid. Some industrial process needs air separation and filtration systems to protect work environment along with the equipment. Meanwhile, liquid industrial filtration is needed to protect local water bodies from industrial discharges.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

• Various governments across the globe have taken up steps to reduce the impact of industrial air pollution. Increasing importance of filtering industrial output is surging the growth of the industrial filtration market.

• Toxic industrial environments risk damaging the health of workers and animals and people in the surrounding environment, which is boosting the demand for industrial filtration to provide safety to workers and the surroundings.

• Technological advancements and developments are helping in the overall growth of the industrial filtration market across the globe, such as the use of advanced filtration methods, digitalisation, and installation of sensors.

Market Analysis

Based on type, the market is bifurcated into liquid and air. On the basis of filter media, the market is divided into filter paper, metal, activated carbon/charcoal, fiberglass, and non-woven fabric, among others. By product, the market is categorised into bag filter, cartridge filter, depth filter, filter press, drum filter, electrostatic precipitator, ULPA, and HEPA, among others. On the basis of application, the market is segmented into automotive, food and beverage, chemicals and petrochemicals, pharmaceuticals, power generation, oil and gas, and metal and mining, among others. Based on region, the market is segregated into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global industrial filtration market covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

• Danaher Corporation

• Parker Hannifin Corporation

• Eaton Corporation Plc

• Donaldson Company, Inc.

• Alfa Laval AB

• Others

Market Share by Type

Liquid segment accounts for a sizable share in the industrial filtration market owing to the increase in stringent environmental rules to control discharge of pollutants into water bodies. Water pollution is harmful to humans, animals, and the environment and with limited supplies of clean water, industrial filtration of liquid is growing in importance. The rising development of various methods to enhance the process of liquid filtration are further aiding the growth of the liquid segment in the market for industrial filtration.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Market Share by Application

Chemicals and petrochemicals are expected to hold a significant share in the market for industrial filtration. Processes involved in the chemicals and petrochemicals industries create hazardous contaminants that can negatively react with the equipment and the environment, due to which the importance of industrial filtration is heightened. Usage of industrial filtration aids in the protecting operations, the environment, and workers, which is surging the demand for the chemicals and petrochemicals applications of the industrial filtration market.

Competitive Landscape

Danaher Corporation was established in 1969 and is headquartered in Washington D.C. in the United Sates. It is a conglomerate company that is known to design, manufacture, and supply industrial, professional, commercial, and medical products for its customers. They also provide services in order to help improve the quality of life for people globally.

Parker Hannifin Corporation, founded in 1917 is headquartered in Ohio, United Sates. It is an American company specialising in control and motion technologies such as climate control, process control, electromechanical, fluid and gas handling, and pneumatics. The products of the company are used for manufacturing and processing of raw materials.

Eaton Corporation Plc was founded in 1911 and has its headquarters in Dublin, Ireland. An American-Irish power management company, Eaton designs and distributes energy efficient technologies, products, and services to improve the quality of life and environment. They are aiding in accelerating the world’s transition to renewable energy.

Other market players include Donaldson Company, Inc., and Alfa Laval AB, among others.

Key Highlights of the Report