Competitive Landscape
The key players of the Global Industrial Filtration Market are Cummins Filtration (US), Pall Corporation (US), Parker Hannifin (US), Mann+Hummel (US), Donaldson (US), 3M (US), Eaton (Ireland), Alfa Laval (Sweden), Freudenberg Group (Germany), Lenntech (The Netherlands), and Camfil (Sweden).
Market Highlights
Industrial filtration is widely used for removing impurities and other contaminations. Industrial filters are used for number of applications including cleaning and treating lubricants, industrial oils, gases, and water. Filters reduce waste disposal costs, lower maintenance time and expense, minimize process downtime, and improve product quality. All these factors are expected to drive the growth of Industrial Filtration Market during the forecast period.
Industrial Filtration market has been segmented on basis of type, media, end-use industry, and region. On the basis of type, the market is segmented into liquid filters and air filters. Liquid filters segment is estimated to have the major share of the industrial filtration market because of growing demand of clean drinking water and treatment of wastewater. On the basis of media, industrial filtration market is segmented into Fiber Glass, Activated Charcoal/Carbon, Fiber Paper, Metal, Nonwoven Fabrics, and Others. Metal segment dominates the industrial filtration market. On the basis of end-use industry, the industrial filtration market is segmented into manufacturing, oil & gas, power generation, Pharmaceuticals, and others. Manufacturing segment is estimated to dominate the market during the forecast period due to rising use of filters in industries such as cement, food & beverage, and chemicals, among others. The global industrial filtration market is expected to expand at 6.73% CAGR during the forecast period.
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Global Industrial Filtration Market is estimated to witness phenomenal growth during the forecast period due to rising investments in water & wastewater sector which is one of the key end-users of industrial filters. Based on region, the industrial filtration market has been analyzed into four regions, namely, Asia Pacific, North America, Europe, and Rest of the World. Rest of the World includes Latin America and the Middle East & Africa. Asia Pacific in the largest and fastest growing market for industrial filtration due to rising investments in manufacturing and water & wastewater sector. Moreover, the government initiatives such as Internet Plus and Industry 4.0 are attracting heavy investments specifically in the manufacturing sector. China, India, and Japan are the key countries in Asia Pacific industrial filtration market. In Middle East & Africa, investments are rising in water & wastewater sector, thereby driving the industrial filtration market in the region. All these factors are likely to drive the global industrial filtration market.
GLOBAL INDUSTRIAL FILTRATION MARKET 2018-2023
Scope of the Report
This report provides an in-depth analysis of the Global Industrial Filtration Market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Industrial Filtration Market by type, media, end-use industry, and region.
By Type
- Liquid Filters
- Air Filters
By Media
- Fiber Glass
- Activated Charcoal/Carbon
- Fiber Paper
- Metal
- Nonwoven Fabrics
- Others
By End-Use Industry
- Manufacturing
- Power Generation
- Oil& Gas
- Pharmaceuticals
- Others
By Regions
- North America
- Asia Pacific
- Europe
- Rest of the World
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TABLE OF CONTENTS
1. Executive Summary
2 Scope of the Report
3 Market Landscape
4 Market Dynamics
5 Global Industrial Filtration Market, By Type
6 Global Industrial Filtration Market, By Media
7 Global Industrial Filtration Market, By End-Use Industry
8 Global Industrial Filtration Market, By Region
9 Competitive Landscape
Continue…….
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