Liquid Filtration Industry Size

Liquid Filtration Market worth $2.9 billion by 2024

The report "Liquid Filtration Market by Fabric Material (Polymer, Cotton, and Metal), Filter Media (Woven, Nonwoven, and Mesh), End-User (Municipal Treatment, Food & Beverage, Metal & Mining, Chemical, and Pharmaceutical), Region - Global Forecast to 2024" The global liquid filtration market size is expected to grow from USD 2.1 billion in 2019 to USD 2.9 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 6.5% during the forecast period. The major factors driving the liquid filtration industry growth include stringent regulations pertaining to the treatment of industrial and municipal waste, growing industrialization & urbanization.

Browse 65 Market Data Tables and 43 Figures spread through 131 Pages and in-depth TOC on "Liquid Filtration Market by Fabric Material (Polymer, Cotton, and Metal), Filter Media (Woven, Nonwoven, and Mesh), End-User (Municipal Treatment, Food & Beverage, Metal & Mining, Chemical, and Pharmaceutical), Region - Global Forecast to 2024"The major factors driving the liquid filtration industry growth include stringent regulations pertaining to the treatment of industrial and municipal waste, growing industrialization & urbanization.
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Based on fabric material, polymer segment is estimated to dominate the global liquid filtration market during the forecast period

On the basis of fabric material, the liquid filtration industry has been segmented into three types, namely, polymer, cotton, and metal. The polymer segment is projected to account for the high share of the liquid filtration market. The demand for this segment is highest due to the superios physical properties including excellent thermal resistance and chemical resistance provided by the polymers.

Based on filter media, nonwoven segment to grow the fastest in the overall liquid filtration market

The liquid filtration market has been segmented into three categories, namely, woven, nonwoven, and mesh, on the basis of filter media. Among these types, the nonwoven filter media segment is expected to grow at a highest rate in this market. The demand for nonwoven filtration fabrics is highest due to technological advancements and cost-effectiveness.

Based on end user, industrial treatment is projected to account for the highest share in the global liquid filtration market

Industrial treatment is the largest and fastest growing segment amongst end users in the liquiud filtration market. This segment is further segmented into chemical, foof & beverage, pharmaceutical, metal & mining, and other. The food & beverage end-user is growing rapidly owing to the rising demand for convenience food, processed & semi-processed food, and ready-to-eat food. Further, purification and filtration of the water are required during various industrial processes.

Asia Pacific to register a highest CAGR in the overall liquid filtration market.

Asia Pacific is the fastest growing market for liquid filtration. The growing industrialization, urbanization, and improving standard of living in the emerging economies of Asia Pacific including China and India are supporting the growth of the liquid filtration market. The major end-users of liquid filtration in this region include food & beverage, metal & mining, chemical, and municipal.

The major vendors in the liquid filtration market include Ahlstrom-Munksjo (Finland), Lydall, Inc. (US), Valmet (Finland), Kimberly-Clark Corporation (US), Freudenberg Filtration Technologies (Germany), Clear Edge (US), Fibertex Nonwovens (Denmark), Hollingsworth & Vose (US), Johns Manville (US), Sefar AG (Switzerland), 3M (US), American Fabric Filter (US), Autotech Nonwovens (India), Berry Global, Inc. (US), Donaldson Filtration Solutions (US), Eagle Nonwovens Inc. (US), G. Bopp + Co. AG (Switzerland), GKD (Germany), Kavon Filter Products Co. (US), MANN+HUMMEL (Germany), Norafin Industries (Germany), Sandler AG (Germany), Schweitzer-Mauduit International, Inc. (US), TWE Group (Germany), and Yingkaimo Metal Net Co. (China).

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Liquid Filtration Market Size,  Share & Growth Report
Report Code
CH 6693
PR Published ON
11/26/2019
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