The Global Industrial Filtration Market is accounted for $29.52 billion in 2020 and is expected to reach $58.35 billion by 2028 growing at a CAGR of 8.9% during the forecast period. The need for a safe working environment in industrial facilities and government support policies for environmental protection are driving the market growth. However, the unfavorable economic condition may hamper the market growth.
Some of the key players profiled in the Industrial Filtration Market include Ahlstrom-Munksjö, Alfa Laval, Camfil, Cummins Inc, Donaldson Company, Eaton, Filtration Group Corporation, Freudenberg Group, Lenntech B.V., MANN+HUMMEL, Pall Corporation, Parker Hannifin Corp, and Sidco Filter Corporation.
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Filter Medias Covered:• Metal• Activated Carbon/Charcoal• Fiber Glass• Filter Paper• Non-Woven & Synthetic Fabric• Combination FiltersTypes Covered:• Air & Gas Filter• Liquid Filter• Other Types Applications Covered:• Food & Beverage• Semiconductors & Electronics• Chemicals & Petrochemicals• Paper & Paints• Pulp Industry & Woodworking• Machinery & EquipmentEnd Users Covered:• Manufacturing• Power Generation Plants• Oil & Gas• Healthcare & Pharmaceuticals• Metal & Mining• Process Industry• Automotive• Energy & Petroleum• Plastic• Agriculture• Cement
The Global Industrial Filtration Market is majorly driven by increasing industrialization activities and increasing funding for industrial filtration startups, and development of new products with advanced technologies. The liquid segment is growing at a highest CAGR owing to the increase in demand for zero discharge & zero-emission from manufacturing and public utilities. North America dominated with a significant market share owing to the presence of large oil and gas manufacturers and pharmaceutical companies. Asia Pacific market is growing at a highest CAGR owing to the presence of the electronic industry hub and high adoption of industrial filters in APAC countries such as China, Japan, India.
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Industrial Filtration Market report provides an in-depth study and forecast about the industry covering the complete overview of the market that will assist convey clients and business-making strategies. The industry’s supply chain and market size, in terms of value, have been derived by extensive research methods. Our report enables readers to understand details of the market, latest trends, key drivers and constraints, opportunities, threats, volume and value forecasts, and various investment opportunities for manufacturers operating in the global and regional markets. Industrial Filtration Market report also offers company profiling with detailed strategies, financials, key products, and recent developments along with SWOT analysis of profiled players and Porters five forces for deep insights.
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