Industrial Filtration Market Scenario

Stringent regulations pertaining to emissions and treatment of industrial waste coupled with growing industrialization & urbanization are some of the major factors propelling the industrial filtration market globally. Furthermore, growing demand from semiconductors & electronics manufacturing sectors is also one of the factor driving the industrial filtration market. However, growth in renewable energy sources is one of the major restraint of the global industrial filtration market.

Industrial Filtration Market Segmentation

The industrial filtration market is segmented by technology, type, filter media, end-use industry and geography. Various technologies used by industrial filtration systems are liquid filtration (pressure filtration, centrifugal filtration, gravity filtration, vacuum filtration and others) and air filtration (mechanical, electronic and gas phase). Industrial filtration are manufactured in various types such as liquid filtration (filter press, bag filter, drum filter, depth filter and others) and air filtration (HEPA, ULPA, Bag Filters, Electrostatic Precipitator and Others). Furthermore, the filtration media comprises of activated carbon/charcoal, fiber glass, filter paper, metal, non-woven fabric and others. Industrial filtration are used in various end use industry such as manufacturing, power generation, oil & gas, pharmaceuticals, metals & mining and process industry. Geographically, the industrial filtration market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW

Industrial Filtration Market by Geography

The industrial filtration market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and Rest of World. Among these, the Asia Pacific region is anticipated to account for the largest market share in 2019. Emission regulations accompanied with the need for clean indoor air facilities is one of the major factors that drives this market in the region. Moreover, the growth in manufacturing, power generation, oil & gas, and food & beverage industries has laid a great influence in the economic development of the countries in the region

Industrial Filtration Market Key Players

Some of the major players operating in the global Industrial Filtration market includes Benchmarking, Ahlstrom-Munksjö, Alfa Laval, Camfil, Cummins, Donaldson, Eaton, Filtration Group, Freudenberg, xLenntech, Mann+Hummel, Pall Corporation, Parker Hannifin, Sidco, Andritz, Evoqua Water Technologies, Gea Group, Veolia Water Technologies, Suez Water Technologies, SPX Flow, DOW Water & Process Solutions, Nordic Air Filtration, Hydac and Fuji Filters. New product development is the most commonly adopted strategy by the top companies. This was followed by mergers & acquisitions, investments & expansions, joint ventures, and partnerships & collaborations. 

Industrial Filtration Market Report Key Benefits

• The report offers changing market dynamics in the industrial filtration market, presenting historical, current and projected market size in terms of value (USD Million)
• The report comprises a detailed analysis of the factors that drive and restrict the growth of the global industrial filtration market.
• The research study provides an in-depth analysis of the industry value chain focusing on the peer and parent markets of industrial filtration
• It presents a comprehensive assessment of geographical regions exhibiting promising growth, potential and niche segments, and a neutral perspective on the industrial filtration market performance
• Key players within the global industrial filtration market are profiled to understand the competitor scenario.

Research Objectives of Industrial Filtration Market Report:

• Analysing the outlook of the market with the recent trends and Porter’s five forces analysis.
• Market dynamics, which essentially consider the factors that are impelling the present market scenario, along with growth prospects of the market over the forecast period.
• Market segmentation analysis, including qualitative and quantitative research, incorporating the impact of economic and non-economic aspects.
• Country-level analysis, integrating the demand and supply forces that are influencing the growth of the industrial filtration market.
• Competitive landscape involving the market share of major players, along with the key strategies adopted for development over the past five years.
• Comprehensive company profiles, covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players.