Industrial Filtration Market: Information By Type, By Products, End-User (Manufacturing, Power Generation, Oil & Gas, Pharmaceuticals, Mining), and Regional Outlook - Forecast Till 2026

Filtration is process of removing suspended solid particles from a liquid or gas. This process is performed with the help of a medium called a filter media. The process is used in chemical and petrochemical, automotive, metals and mining industries. Increasing need to prevent dust and minute airborne particles which are generated within manufacturing plant space from being released into surroundings may raise demand for market in the coming years.

Increasing efforts being undertaken by major manufacturers to bring about innovations such as reduction in greenhouse gases, enhanced performance, and enhanced energy efficiency in filter media is likely to further encourage usage. Increasing population may raise the demand for Purification for drinking water coupled with growing industrialization may create need for purification in products such as foods and beverages, transportation, and infrastructure in the near future.

Growing trend in digitalization in advanced techniques through use of compact electronic circuits and sophisticated software is likely to raise demand for market, especially in technologically advanced regions such as North America and Europe. Furthermore, stringent regulations being laid down by governments of different countries across the world regarding level of emissions from production plants and increasing focus of manufacturers towards adopting cleaner production processes may further promote the use of industrial purification processes.

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Global industrial filtration market was valued at USD 25.19 billion in 2018 and is expected to reach USD 42.93 billion by 2026 at a CAGR of 6.89 % during the forecast period, 2019–2026.

Intended Audience

Industrial Filtration Manufacturers
Raw Material Suppliers
Industrial Filtration Reselling Companies
Potential Investors
Research and Development Institutes
Traders, Distributors, and Suppliers of Industrial Filtration
Segmental Insights

Global industrial filtration market is segmented by type, filter media, and end-user.

By type, industrial filtration market is segmented into liquid and air. Liquid is sub-segmented by technology into pressure, centrifugal, gravity, vacuum and others, and by products, it is sub-segmented into filter press, bag filter, drum filter, depth filter and others. Air is sub-segmented by technology into mechanical, electronic, and gas phase, and by products, it is sub-segmented into HEPA, ULPA, bag filter, electrostatic precipitator, and others. Air segment is expected to grow at fastest rate due to technological advancements for developing a new filter media to enhance energy efficiency of products. Similarly, governments and key players across the globe are collaborating with several environmental organizations for developing standards to control harmful emissions.

By filter media, industrial filtration market is segmented into metal, activated carbon/ charcoal, fiber glass, filter paper, and nonwoven fabric. Nonwoven fabric filter media is likely to gain a huge demand in market. This is attributed to remarkable properties offered by nonwoven fabric such as high durability, good strength, reusability, good water-resistance, hypoallergenic nature, fire-resistance, and soft, light, and washable nature.

By end-user, industrial filtration market is segmented into manufacturing, power generation, oil & gas, pharmaceuticals, metals and mining, and process. Among end-users, pharmaceutical sector is expected to witness remarkable growth due to its increasing usage in plant operation and process. Process is important and widely used as one of the unit operations of pharmaceutical technology. Rapid growth of pharmaceutical sector is likely to raise the demand for bio-filter, which is a combined filter and biological digestion device, which may in turn increase consumption in the years to come.

Regional Insights

Geographically, global industrial filtration market is segmented into five regions: North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Asia Pacific industrial filtration market is expected to hold a major share of market due to increasing usage of purification process in pharmaceutical and chemical industries. Growing population, increasing industrialization, and growing environmental concerns regarding level of emissions from industries are some of the factors attributed to increased usage of systems in region. Increasing investment by major manufacturers in development of innovative filter media for improving energy efficiency and development of new raw materials such as small fibers may further promote the growth of market.

North America industrial filtration market is expecting considerable growth in due to contribution by developed economies of United States and Canada. Increasing innovation through research and development in filter media activities coupled with continuously increasing industrialization are likely to further increase the consumption in systems.

Presence of major manufacturers with their well-established production facilities coupled with their increasing focus on new product development and innovation may promote the growth in region. For instance, major manufacturers of systems in Europe such as Donaldson, and Clarcor Inc are focusing on R&D initiatives so as to develop innovative products in the field of nanotechnology. Relocation of numerous European companies to Eastern European regions offers opportunities to EU companies to export their technologies. Several new advancements in technologies are employed in an effort to improve performance and quality to reduce the product cost.

Latin America is expecting healthy growth in industrial filtration market due to gradually improving economic and political situation in region . In the region, industrial filtration market has methods which are introduced and promoted by both governmental agencies and NGOs, with the full participation of community to awareness in consumer. Residential filters, slow and rapid sand filters, and dual media filters are particularly used in Latin America and the Caribbean.

MEA industrial filtration market is expected to witness constant growth in manufacturing sector owing to advancement in technology and rising research and development activities, long lasting filters are produced at low cost which offers high efficiency. Increasing need of energy effective and efficient products that also delivers high-performance is expected to raise the demand in region.

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Key Players
Some of the key players in industrial filtration market are Alfa Laval (Sweden), Ahlstrom-Munksjo (Finland), Donaldson (US), Eaton (Ireland), Freudenberg (Germany), Mann+Hummel (Germany), Pall Corporation (US), and Parker Hannifin (U.S.)

Industrial Filtration Market Segmentation

By Type

Liquid
By Technology
Pressure Filtration
Centrifugal Filtration
Gravity Filtration
Vacuum Filtration
Others
By Products
Filter Press
Bag Filter
Drum Filter
Depth Filter
Others
Air
By Technology
Mechanical
Electronic
Gas Phase
By Product
HEPA
ULPA
Bag Filter
Electrostatic Precipitator
Others
By Filter Media

Metal
Activated Carbon/ Charcoal
Fiber Glass
Filter Paper
Nonwoven Fabric
By End-user

Manufacturing
Power Generation
Oil & Gas
Pharmaceuticals
Metals and Mining
Process
Regions Covered

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
Latin America
Brazil
Argentina
Columbia
Rest of Latin America
MEA
Saudi Arabia
South Africa
UAE
Rest of MEA

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This release was published on openPR.