The report "Industrial Filtration Market by Type (Air & Liquid), Product (Filter Press, Bag, Drum, Depth, Cartridge, HEPA, ULPA), Filter Media (Activated Charcoal, Fiberglass, Filter Paper, Metal, Nonwoven Fabric), Industry and Region - Global forecast to 2027" The global industrial filtration market is projected to reach USD 45.2 billion by 2027 from an estimated market size of USD 33.5 billion in 2022, at a CAGR of 6.2% during the forecast period. The key drivers for the growth of the industrial filtration market include government mandates and policies for environmental protection, the need for safe working environments in industrial facilities, increased demand for equipment reliability and extended lifecycle, and industrial development in developing countries.
Browse 179 market data Tables and 50 Figures spread through 254 Pages and in-depth TOC on "Industrial Filtration Market by Type (Air & Liquid), Product (Filter Press, Bag, Drum, Depth, Cartridge, HEPA, ULPA), Filter Media (Activated Charcoal, Fiberglass, Filter Paper, Metal, Nonwoven Fabric), Industry and Region - Global forecast to 2027"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/industrial-filtration-market-81304454.html
The liquid segment is expected to be the largest segment of the industrial filtration market, by type, during the forecast period
The Industrial filtration market, by type, is segmented into liquid type and air type. The liquid type segment is expected to be the largest segment in the market, by type, during the forecast period. Increasing environmental regulations related to the discharge of pollutants into the water bodies is expected to fuel the growth of the liquid type segment of the market.
The non woven fabric segment is expected to be the largest contributor to the industrial filtration market, by filter media, during the forecast period
The market, by filter media, is segmented into activated carbon, fiber glass, filter paper, metal, non woven fabric and others. The non woven fabric segment is expected to hold the largest size of the market for industrial filtration during the forecast period. The growth of the market for this filter media segment is driven because it is durable, reusable, water-resistant, hypoallergenic, fire-resistant, soft, light, and sometimes washable.
The bag filter segment is expected to be the largest market, by product, during the forecast period
The industrial filtration market, by product, is segmented into bag filter, filter press, cartridge filter, depth filter, drum filter, electrostatic precipitator, ULPA, HEPA and others. The market for bag filter is expected to hold the largest size of the market for industrial filtration during the forecast period. Low maintenance and low operational cost are driving the demand for bag filters.
The chemicals and petrochemicals is expected to be the largest market, by industry, during the forecast period
The market, by industry, is segmented into food & beverage, chemicals & petrochemicals, power generation, oil & gas, pharmaceuticals, metal & mining, automotive and others. The chemicals & petrochemicals industry is expected to be the largest market for industrial filtration during the forecast period. The growth of this segment is driven by stringent regulations to reduce particulate emissions in food and beverage facilities.
North America is expected to dominate the global industrial filtration market
The North America region is estimated to be the largest market for the industrial filtration, followed by Asia Pacific. The North American region is expected to lead the industrial filtration market during the forecast period. The increasing investments in the manufacturing industry to control harmful particulate emissions and the rising stringent air pollution control norms are driving the industrial filtration market in the region.
The market is served by a mix of large international players with operational presence across the globe and local players commanding a strong supply network in the domestic market. The leading players in the global industrial filtration market include MANN + HUMMEL (Germany), Danaher (US), Parker - Hannifin (US), 3M(US) and Cummins (US).
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Aashish Mehra
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441