Industrial Filtration Market by Type (Air and Liquid), Filter Media, Product, Industry (Manufacturing, Oil & Gas, Power Generation, Pharmaceutical, Metal & Mining, Process Industry), and Region - Global Forecast to 2025
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Request For Special PricingThe global industrial filtration market size is projected to reach USD 41.1 billion by 2025, from an estimated value of USD 29.5 billion in 2020, growing at a CAGR of 6.9 % during the forecast period. The growth is attributed to the increasing requirement of a safe working environment in industrial facilities.
Liquid filtration is expected to be the most significant contributor to the industrial filtration market, by type, during the forecast period
The market is segmented into air and liquid. Liquid type filtration accounted for the highest share of the industrial filtration industry in 2019. Strict government regulations to filter the discharges of pollutants into the water bodies, investment in the wastewater treatment plant is expected to drive the growth of the liquid type industrial filtration market. Furthermore, the market for pressure filtration by technology is expected to be the largest market.
The nonwoven fabric is expected to lead the industrial filtration market, by filter media, during the forecast period
The market is segmented into activated carbon/charcoal, fiberglass, filter paper, metal, nonwoven fabric, and others. The nonwoven material is expected to be the fastest-growing market from 2020 to 2025. The nonwoven fabric filter media are made from nonwoven Polypropylene (PP) fabric and are durable, reusable, water-resistant, hypoallergenic, fire-resistant, soft, light, and sometimes washable. These filter media are used in various end-user industries, such as pharmaceuticals and mineral processing.
Filter Press is expected to be the fastest-growing market, by product, during the forecast period
The industrial filtration market, by product, is segmented into filter press, bag filters, drum filters depth filters, cartridges filters, HEPA, ULPA, electrostatic precipitators, and others. Filter Press removes impurities from a solid-liquid slurry which contains major pollutants that can harm the water bodies. The need for recycling water by separating water from the slurry is expected to drive the market for filter press products in the industrial filtration market.
North America is expected to be the largest market for industrial filtration market during the forecast period
In this report, the industrial filtration market has been analyzed for five regions, namely, North America, South America, Europe, Asia Pacific, Middle East & Africa. North America is estimated to be the largest market from 2018 to 2025 and is expected to see a high demand for industrial filtration due to the emission regulations accompanied by the need for clean indoor air facilities is one of the significant factors that drive this market. The growth in manufacturing, power generation, oil & gas, and food & beverage industries has a substantial influence on the economic development of the countries in the region.
Key Market Players
The major players in the global industrial filtration market, such as Alfa Laval(Sweden), Donaldson(US), Danaher(US), Parker Hannifin(US), Eaton(Ireland), Ahlstrom-Munksjö(Finland).
Danaher manufactures medical, industrial, and commercial products. Its key strategy is to focus on growing investment and strategic acquisition. Danaher provides industrial filtration through Pall Corporation. Danaher operates through four segments, namely, life sciences, diagnostics, dental, and environmental & applied solutions. The life sciences business segment offers industrial filtration. In the life science business segment, Pall operate to its filtration business by two business group, namely, life science and industrial. The company offers both air and liquid filtration. Danaher operates in various global regions such as North America, Western Europe, Eastern Europe, Middle East, Africa, Latin America, and Asia (except for Japan and Australia)
Another major player in the market is Donaldson. The company offers filtration products and technologies. It has two business segments, namely, engine products and industrial products. The industrial product business segment designs and manufactures advanced technologies for industrial filtration for the metal & mining, food processing and pharmaceutical, and cement applications. The company operates in North America, Europe, Asia and South America.
Scope of the Report
|
Report Metric |
Details |
|
Market size available for years |
2018–2025 |
|
Base year considered |
2019 |
|
Forecast period |
2020–2025 |
|
Forecast units |
Value (USD) |
|
Segments covered |
Type, product, filter media, industry, |
|
Geographies covered |
North America, South America, Asia Pacific, Europe, and Middle East & Africa |
|
Companies covered |
Danaher (US), Donaldson (US) ,Eaton(Ireland) ,Parker Hannifin(US) ,Alfa Laval(Sweden) ,Ahlstrom Munksjo(Finland) |
This research report categorizes the industrial filtration market by type, product, filter media, industry, and region
By Type:<
- Air
- Liquid
By Filter Media:
- Metal
- Activated Carbon/Charcoal
- Fiberglass
- Filter Paper
- Non-Woven Fabric
- Others
By Industry:
- Manufacturing
- Power Generation
- Oil & Gas
- Pharmaceuticals
- Metal & Mining
- Process industry
By Region:
- North America
- South America
- Europe
- Asia Pacific
- Middle East & Africa
Recent Developments
- In September 2019, Alfa Laval launched its new decanter centrifuge ALDEC G3 VecFLow. This product will help in reducing the power consumption by 30% and increase separation performance by reducing cost for sludge dewatering and thickening.
- In January 2020, Ahlstrom-Munksjö expanded its industrial filtration production capacity at the Malmsey plant, Belgium. The company also expanded its production capacity for micro glass-based media at Fabiano Plentily and Turin plants in Italy. It expanded its production capacity for industrial filtration at the Bianzhou Plant, China. It was a USD 31 million investment
- In February 2020, Camfil launched a new product Absolute V, an energy-efficient HEPA air filter. It saves 20% of the energy.
Key Questions Addressed by the Report
- Which revolutionary technology trends are expected over the next five years?
- Which type of industrial filtration is likely to get the maximum opportunity to grow during the forecast period?
- Which region is expected to lead with the highest market share by 2025?
- How are companies implementing organic and inorganic strategies to gain an increase in the industrial filtration market share?
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
TABLE OF CONTENTS
1. INTRODUCTION
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. PREMIUM INSIGHTS
4.1. ATTRACTIVE OPPORTUNITIES IN THE INDUSTRIAL FILTRATION
4.2. INDUSTRIAL FILTRATION MARKET, BY REGION
4.3. INDUSTRIAL FILTRATION MARKET, BY TYPE
4.4. INDUSTRIAL FILTRATION MARKET, BY PRODUCT TYPE
4.5. INDUSTRIAL FILTRATION MARKET, BY FILTER MEDIA
4.6. INDUSTRIAL FILTRATION MARKET, BY INDUSTRY
5. MARKET OVERVIEW
5.1. INTRODUCTION
5.2. MARKET DYNAMICS
5.2.1. DRIVERS
5.2.2. RESTRAINTS
5.2.3. OPPORTUNITIES
5.2.4. CHALLENGES
6. INDUSTRIAL FILTRATION , BY TYPE
6.1. INTRODUCTION
6.2. LIQUID
6.2.1. BY TECHNOLOGY
6.2.1.1. PRESSURE FILTRATION
6.2.1.2. CENTRIFUGAL FILTRATION
6.2.1.3. GRAVITY FILTRATION
6.2.1.4. VACUUM FILTRATION
6.2.1.5. OTHERS
6.3. AIR
6.3.1. BY TECHNOLOGY
6.3.1.1. MECHANICAL
6.3.1.2. ELECTRONIC
6.3.1.3. GAS PHASE
7. INDUSTRIAL FILTRATION, BY PRODUCT TYPE
7.1. INTRODUCTION
7.2. PRESSURE FILTRATION
7.3. CENTRIFUGAL FILTRATION
7.4. GRAVITY FILTRATION
7.5. VACUUM FILTRATION
7.6. HEPA
7.7. ULPA
7.8. ELECTROSTATIC PRECIPITATOR
7.9. OTHERS
8. INDUSTRIAL FILTRATION, BY FILTER MEDIA
8.1. INTRODUCTION
8.2. METAL
8.3. ACTIVATED CARBON/CHARCOAL
8.4. FIBER GLASS
8.5. FILTER PAPER
8.6. NON-WOVEN AND SYNTHETIC FABRIC
9. INDUSTRIAL FILTRATION, BY INDUSTRY
9.1. INTRODUCTION
9.2. MANUFACTURING
9.3. POWER GENERATION
9.4. OIL & GAS
9.5. PHARMACEUTICALS
9.6. METALS AND MINING
9.7. PROCESS INDUSTRY
10. INDUSTRIAL FILTRATION , BY REGION
(USD Million - 2017, 2018, 2019-e, 2024-p)
10.1. Introduction
10.2. NORTH AMERICA
10.2.1. BY TYPE
10.2.2. BY PRODUCT TYPE
10.2.3. BY FILTER MEDIA
10.2.4. BY INDUSTRY
10.2.5. BY COUNTRY
10.2.5.1. US
10.2.5.2. CANADA
10.2.5.3. MEXICO
10.3. EUROPE
10.3.1. BY TYPE
10.3.2. BY PRODUCT TYPE
10.3.3. BY FILTER MEDIA
10.3.4. BY INDUSTRY
10.3.5. BY COUNTRY
10.3.5.1. RUSSIA
10.3.5.2. GERMANY
10.3.5.3. UK
10.3.5.4. FRANCE
10.3.5.5. ITALY
10.3.5.6. REST OF EUROPE
10.4. ASIA-PACIFIc
10.4.1. BY TYPE
10.4.2. BY PRODUCT TYPE
10.4.3. BY FILTER MEDIA
10.4.4. BY INDUSTRY
10.4.5. BY COUNTRY
10.4.5.1 CHINA
10.4.5.2 INDIA
10.4.5.3 JAPAN
10.4.5.4 AUSTRALIA
10.4.5.5 SOUTH KOREA
10.4.5.6 REST OF ASIA PACIFIC
10.5 SOUTH AMERICA
10.5.1 BY TYPE
10.5.2 BY PRODUCT TYPE
10.5.3 BY FILTER MEDIA
10.5.4 BY INDUSTRY
10.5.5 BY COUNTRY
10.5.5.1 BRAZIL
10.5.5.2 ARGENTINA
10.5.5.3 REST OF SOUTH AMERICA
10.6 MIDDLE EAST & AFRICA
10.6.1 BY TYPE
10.6.2 BY PRODUCT TYPE
10.6.3 BY FILTER MEDIA
10.6.4 BY INDUSTRY
10.6.5 BY COUNTRY
10.6.5.1 SOUTH AFRICA
10.6.5.2 SAUDI ARABIA
10.6.5.3 UAE
10.6.5.4 REST OF MIDDLE EAST & AFRICA
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 MARKET SHARE, 2018
11.3 COMPETITIVE LANDSCAPE MAPPING, 2018
11.4 COMPETITIVE SCENARIO
11.4.1 NEW PRODUCT DEVELOPMENTS
11.4.2 INVESTMENTS & EXPANSIONS
11.4.3 CONTRACTS & AGREEMENTS
11.4.4 MERGERS & ACQUISITIONS
11.4.5 JOINT VENTURE/PARTNERSHIPS/COLLOBARATIONS/STRATEGIC ALLIANCE
11.4.6 OTHERS
12 COMPANY PROFILES
12.1 INTRODUCTION
12.2 AHLSTROM-MUNKSJÖ
12.3 ALFA LAVAL
12.4 CAMFIL
12.5 CUMMINS
12.6 DONALDSON
12.7 EATON
12.8 FILTRATION GROUP
12.9 FREUDENBERG
12.10 PARKER HAFFIN
12.11 LENNTECH
12.12 SIDCO FILTER
12.13 BACKCOK AND WILLCOCK
12.14 MANN+HUMMEL
12.15 DANAHER (GE/PALL CORPORATION)
12.16 FLEETLIFE
12.17 W. L. GORE & ASSOCIATES
12.18 3M COMPANY
12.19 JOHNS MANVILLE
12.20 FORAIN ITLAY
13 APPENDIX
13.1 INSIGHTS OF INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 AVAILABLE CUSTOMISATION
13.5 RELEATED REPORT
13.6 AUTHOR DETAILS
This study involved four major activities in estimating the current size of the industrial filtration market. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and market sizing with industry experts across the value chain through rigorous primary research. Both top-down and bottom-up approaches were used to estimate the total market size. The market breakdown and data triangulation techniques were employed to estimate the market size of the segments and the corresponding subsegments.
Secondary Research
This research study involved the use of extensive secondary sources, directories, and databases such as the US Industrial Filtration Association, industry publications, several newspaper articles, Factiva, and journals to identify and collect information useful for a technical, market-oriented, and commercial study of the industrial filtration market. The other secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.
Primary Research
The industrial filtration market comprises several stakeholders such as companies related to the manufacturing, power generation, oil & gas, pharmaceuticals chemical and pharmaceutical, process industry, filtration technology providers, filtration and environmental associations, raw material suppliers, government and research organizations, distributors, investment banks, manufacturing technology providers, industrial filter media manufacturers, and mining companies. The demand side of the market was derived using the investments by end-use industries in filtration equipments. The supply side is characterized by using the segmental revenue of major players. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. The breakdown of primary respondents is given below:
Market Size Estimation
Both top-down and bottom-up approaches have been used to estimate and validate the size of the global industrial filtration market. These methods were also used extensively to determine the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry have been identified through extensive secondary research, and their market shares in the respective regions have been determined through both primary and secondary research.
- The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into several segments and subsegments. To complete the entire market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the industrial filtration sector.
Report Objectives
- To define, describe, segment, and forecast the industrial filtration market based on type, product, filter media, industry, and region
- To provide detailed information on the significant factors influencing the growth of the industrial filtration market (drivers, restraints, opportunities, and industry-specific challenges)
- To strategically analyze the industrial filtration market with respect to individual growth trends, prospects, and contributions of each segment to the market
- To analyze market opportunities for stakeholders and provide a detailed competitive landscape for market leaders
- To forecast the revenue of the market segments with respect to five main regions (along with countries), namely, North America, South America, Europe, Asia Pacific, and Middle East & Africa
- To strategically profile key players and comprehensively analyze their market ranking and core competencies*
- To track and analyze competitive developments such as new product developments, contracts & agreements, investments & expansions, and mergers & acquisitions in the industrial filtration market
Available Customizations:
With the given market data, MarketsandMarkets offers customizations as per the client’s specific needs. The following customization options are available for this report:
Regional Analysis
- Further breakdown of region or country-specific analysis
Company Information
- Detailed analysis and profiling of additional market players (up to 5)
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
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Growth opportunities and latent adjacency in Industrial Filtration Market