Industrial Filtration Market

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

Report Code: EP 4471 Mar, 2020, by marketsandmarkets.com
COVID-19

Get in-depth analysis of the COVID-19 impact on the Industrial Filtration Market

Benchmarking the rapid strategy shifts of the Top 100 companies in the Industrial Filtration Market

Request For Special Pricing

The 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.

Industrial Filtration Market

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.

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:

Industrial Filtration Market

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)
Report Code
EP 4471
Published ON
Mar, 2020
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • 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
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Industrial Filtration Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved
...

Digital Virtual Assistant - MarketsandMarkets

Home