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Filtration And Contamination Control Global Market Report 2024 - By Demand, Size, Share And Trends, Forecast To 2033
Filtration And Contamination Control Market
As per the report, the filtration and contamination control market size has grown steadily in recent years. It will grow from $40.24 billion in 2023 to $42 billion in 2024 at a compound annual growth rate (CAGR) of 4.4%. The filtration and contamination control market size is expected to see strong growth in the next few years. It will grow to $51.38 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%.
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The Role Of Filtration And Contamination Control In Mitigating Industrial Pollution
The emerging pollution from industrial waste is expected to propel the growth of the filtration and contamination control market. Growing industrial setups have increased pollutant emissions, affecting the entire environment. It contaminates numerous sources by emitting harmful toxins into the atmosphere and degrades soil quality worldwide. This increased industrial pollution has emerged the demand for filtration and contamination control products, providing a necessary level of filtration with the application and system. For instance, in February 2022, according to a report published by the World Bank, a US-based financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects, the rapid population growth and urbanization account for the annual waste generation to rise by 73% to 3.88 billion tons in 2050. Therefore, emerging pollution from industrial waste is driving the growth of the filtration and contamination control market.
Technological Advancements Shaping The Future Of Filtration And Contamination Control
Technological advancements have emerged as a key trend in the filtration and contamination control market. Major companies operating in the filtration and contamination control market are focused on developing advanced filtration and contamination products and solutions to strengthen their market position. For instance, in July 2022, a US-based company called G6 Material, an innovative technology company dedicated to advanced graphene materials, launched an advanced antimicrobial graphene air filtration system named Breathe+ Pro. The Breathe+ Pro Air Purifier employs advanced air filters with activated carbon and graphene oxide coatings. This coating is intended to improve the air filter's ability to capture bioaerosol particles. Microbes, dust particles, smog, dander, pollen, and volatile organic compounds (VOC) are all removed from the air by this advanced air purification system.
The filtration and contamination control market covered in this report is segmented -
1) By Filtration Type: Liquid Filtration, Air Filtration
2) By Customer Type: Aftermarket, OEM
3) By Application: Engine, On Road, Agriculture, Construction, Mining and Marine, Industrial, Industrial Machinery, Oil and Gas
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Major companies operating in the filtration and contamination control market report are Donaldson Company Inc., Cummins Inc., Filtration Group Corporation, HYDAC International GmbH, MANN+HUMMEL Holding GmbH, Parker-Hannifin Corporation, Pall Corporation, Eaton Corporation plc, CECO Environmental Corporation, Berkshire Corporation, Clarcor Inc., Mobil Corporation, Filtermist International Ltd., Camfil AB, Freudenberg Filtration Technologies SE & Co. KG, Ahlstrom-Munksjö Oyj, Lenntech B.V., Pentair plc, Veolia Group, 3M Company, Alfa Laval AB, Calgon Carbon Corporation, Danaher Corporation, Evoqua Water Technologies LLC, GEA Group AG, Graver Technologies LLC, H2O Innovation Inc., Koch Membrane Systems Inc., Kuraray Co. Ltd., Lydall Inc., Meissner Filtration Products Inc., Mott Corporation, Nippon Muki Co. Ltd.
Contents of the report:
1. Executive Summary
2. Filtration And Contamination Control Market Report Structure
3. Filtration And Contamination Control Market Trends And Strategies
4. Filtration And Contamination Control Market - Macro Economic Scenario
5. Filtration And Contamination Control Market Size And Growth
…..
27. Filtration And Contamination Control Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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