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Liquid Filtration Market Size, Trends, Key Players, Growth And Industry Forecast 2023-2032
Liquid Filtration Market Report
The Business Research Company's Liquid Filtration Global Market Report 2023 identifies The rising urbanization and industrialization as the major driver for the liquid filtration market's growth in the forecast period. Urbanization refers to the growth of the cities and an increase in the population of people that live in cities, whereas industrialization refers to the process, by which an economy is changed to one based on the manufacturing of goods from a primarily agricultural one. Liquid filtration helps by providing better drinking and sewage water facilities to fulfil the need of rising urbanization and industrialization.
The global liquid filtration market size is expected to grow from $3.10 billion in 2022 to $3.31 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The liquid filtration market size is expected to grow to $4.30 billion in 2027 at a CAGR of 6.8%.
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Major competitors in the liquid filtration market are Clear Edge Filtration Inc., Sefar AG, Sandler AG, GKD Group, Freudenberg Filtration Technologies.
A key trend in the liquid filtration market includes technological advancements. Major companies operating in the liquid filtration market are introducing new technologies to sustain the market. For instance, in 2020, LiqTech, a Denmark-based clean technology company, launched an innovative water filtration technology for water filtration. The new product is based on Hybrid Technology Membrane, which is a combination of silicon carbide technology and other ceramic material and has a pore size of 60 nanometers.
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The liquid filtration market is segmented -
•By Filter Media: Woven, Nonwoven, Mesh
•By Fabric Material Type: Cotton, Polymer, Wool, Linen, Glass Fiber, Metals, Rayon, Other Materials
•By End-User: Municipal Treatment, Industrial Treatment
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the liquid filtration market.
The Business Research Company's "Global Liquid Filtration Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Liquid Filtration Market Include:
1. Executive Summary
2. Liquid Filtration Market Characteristics
3. Liquid Filtration Market Trends And Strategies
4. Liquid Filtration Market - Macro Economic Scenario
5. Liquid Filtration Market Size And Growth
……
26. Africa Liquid Filtration Market
27. Liquid Filtration Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Liquid Filtration Market
29. Liquid Filtration Market Future Outlook and Potential Analysis
30. Appendix
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