Filtration and Separation Market Growth, Analysis Report, Share, Trends and Overview By 2031

The filtration & separation system is a type of system that performs the biological, physical and mechanical operation in order to separate the solids from the liquids by causing the solid in the form of particle, dust and allergens to pass off through the pores of the filter. The filter could be of sand, cotton-wool or paper. The filters are used for various applications such as passing hot water in case of brewing coffee, removing dust from the vacuum cleaners as well as filtering dust from the air conditioners and aquariums. Certain methods are used for the filtration & separation that include cold filtration, hot filtration, vacuum and general filtration.

Prime determinants of growth
High focus on curbing water and air pollution is expected to boost the demand for filters, which in turn drives the filtration & separation market growth. However, higher purchasing and running cost of the filtration system is restraining the market growth. Nevertheless, the growing adoption of nanotechnology is expected to offer lucrative opportunities for the market.

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The filtration and separation market size was valued at $98.13 billion in 2021, and is estimated to reach $152.05 billion by 2031, growing at a CAGR of 4.4% from 2022 to 2031.

The growing focus toward controlling degradation of quality of air is letting various countries to brought different programs focusing on working in controlling the pollution. In addition, various campaigns and regulations such as ClientEarth, Save Your Lungs Campaign, Clean Water Act (CWA) and Federal Water Pollution Control Act (FWPCA), are introduced dealing with making people aware about the ill effects of pollution and regulations to be followed by people and industries in order to control pollution. This drives the filtration and separation market growth.

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Based on type, the gas & liquid segment held the highest market share in 2020, accounting for 94% of the global filtration and separation market, and is estimated to maintain its leadership status throughout the forecast period, owing to large scale application of filtration & separation of liquids and gases in industrial and municipal sector. Moreover, the air segment is projected to manifest the highest CAGR of 4.5% from 2021 to 2030, owing to increase in awareness about health for breathing pure air.
The water & wastewater segment to maintain its lead position during the forecast period

Based on end user, the water & wastewater segment accounted for the largest share in 2020, contributing to more than one-third of the global filtration and separation market, and is projected to maintain its lead position during the forecast period. This is owing to use of filtration & separation of industrial and sewage application. However, the life sciences segment is expected to portray the largest CAGR of 5.0% from 2021 to 2030, owing to rapid rise in healthcare facilities and awareness for living a healthy life style.

North America to maintain its dominance by 2030
Based on region, North America held the highest market share in terms of revenue 2020, accounting for more than two-fifths of the global filtration and separation market, owing to large scale application of filtration & separation plants in the region for municipal, industrial and life science end users. Moreover, the Asia-Pacific region is expected to witness the fastest CAGR of 5.0% during the forecast period, owing to rapid development of countries such as China and India.

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Leading Market Players:

The major players profiled in the filtration and separation market include Ahlstrom-Munksjö, ALFA LAVAL, Danaher (Pall Corporation), Donaldson Company, Inc., Eaton, Freudenberg Filtration Technologies SE & Co. KG, Lydall, Inc., MANN+HUMMEL, PARKER HANNIFIN CORP and Porvair Plc.

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