Global Industrial Filtration Market to reach USD 45.2 billion by 2027 | Key Players, Size, Filter Media, Demands, Trends

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.

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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 industrial filtration 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 industrial filtration 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 industrial filtration 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.

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The chemicals and petrochemicals is expected to be the largest market, by industry, during the forecast period
The industrial filtration 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.

Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
• By Company Type: Tier I-65%, Tier II-24%, and Tier III-11%
• By Designation: C-Level-30%, Director Level-25%, and Others-45%
• By Region: Middle East & Africa-8%, Asia Pacific-33%, North America-27%,South & Central America-12%,Europe-20%

Note: Others includes sales managers, marketing managers, product managers, and product engineers.

The tier of the companies is defined onthe basis of their total revenue as of 2017; Tier 1: USD 1 billion, Tier 2: from USD 1 billion to USD 500 million, and Tier 3:

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This release was published on openPR.