Industrial Filtration Market Research Report Size, Growth & Global Forecast – 2022-2029

The Industrial Filtration Market was estimated around USD 28.7 billion in 2021 and is expected to reach USD 44.0 billion by the end of 2029, growing at a CAGR of 5.5% over the forecast period.

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The factors driving the growth of Industrial Filtration Market includes growing demand for healthy and organic food products, regulations imposed by Governments to reduce the impact of industrial emissions, rising focus on utilizing clean sources of energy and improvements in the living standards. Moreover, growing adoption of advanced technologies such as microfiltration and ultrafiltration in the healthcare industry, rise in the launch of innovative products and rapid urbanization, are some of the additional factors supplementing the Global Industrial Filtration Market. In addition, the rising investments by major players on research and development and growing disposable incomes and increasing population growth rates, are further contributing towards the Industrial Filtration Market size.

However, growth of the Industrial Filtration Market is hindered due to high cost of industrial filtration systems.

The major players operating in the Industrial Filtration Market are Eaton Corporation Plc, Ahlstrom-Munksjö Oyj, Filtration Group, Alfa Laval Inc, Donaldson Company, Inc., Parker Hannifin Corporation, Freudenberg Group, Lenntech B.V., Danaher Corporation, and Babcock & Wilcox Enterprises, Inc., among others. 

Based on Type, the Liquid segment is predicted to grow at a significant CAGR during the forecast period

Increased adoption of filtration for treating wastewater and environmental regulations regarding the discharge of pollutants, are some of the factors responsible for the segment’s growth.

Based on Filter Media, the Non-Woven & Synthetic Fabric segment is projected to expand at a robust CAGR over the forecast period

As per the Industrial Filtration Market Report, Non-woven and synthetic fabric filter media are reusable, water-resistant, hypoallergenic and are increasingly used for manufacturing cars, are propelling growth of the segment.

Based on Region, the North American region is anticipated to grow at a remarkable CAGR during the forecast period

Strict regulations imposed by Governments to reduce the impact of air pollution, rapid growth in the manufacturing sector, growing focus ion utilizing clean sources of energy, increasing population growth rates and high per capita incomes, are some of the important factors augmenting the market growth in North American region.

Market Segmentation

Segmentation by Type

• Liquid
  • Technology
    • Pressure Filtration
    • Centrifugal Filtration
    • Gravy Filtration
    • Vacuum Filtration
    • Others
  • Air
    • Technology
      • Mechanical
      • Electronic
      • Gas Phase

Segmentation by Product Type

• Pressure Filtration
• Centrifugal Filtration
• Gravity Filtration
• Vacuum Filtration
• HEPA
• ULPA
• Electrostatic Precipitator
• Others

Segmentation by Filter Media

• Metal
• Activated Carbon/Charcoal
• Fiber Glass
• Filter Paper
• Non-Woven & Synthetic Fabric

Segmentation by Industry

• Manufacturing
• Power Generation
• Oil & Gas
• Pharmaceuticals
• Metals & Mining
• Process Industry

Segmentation by Region

• Asia Pacific
  • China
  • Japan
  • India
  • Rest of APAC
• North America
  • United States of America
  • Canada
• Europe
  • United Kingdom
  • Germany
  • France
  • Spain
  • Rest of Europe
• RoW
  • Brazil
  • South Africa
  • Saudi Arabia
  • UAE

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