Industrial Filters Market: Information by Type (Liquid [Woven Fabrics, Non-woven Fabrics] and Air [Fiberglass, Activated Carbon]), End-Use Industry (Food & Beverage, Metal & Mining, Pharmaceuticals, Power Generation) and Region - Forecast till 2030

Market Overview

Gobal Industrial Filters Market was valued at USD 2.8 billion in 2017 and is projected to reach USD 4.16 Billion by 2030, registering a CAGR of 6.40%. Industrial filters are used for cleaning and treating industrial oils, lubricants, gases, and water. These filters are employed in a wide range of fields, such as power plants, paper industry, and automotive manufacturing. The most frequent application of industrial filters is wastewater treatment. These are extensively used to ensure that the fine spray nozzles are not clogged by particles contained in the water.

The global industrial filters market is primarily driven by increasing demand for filtration in end-use industries. This growth is attributed to the rapid industrialization and urbanization along with the implementation of stringent regulations pertaining to emission and treatment of industrial waste. Moreover, the use of industrial filters minimizes the wear on the systems and their components, such as turbines and motors, thereby preventing downtime and reducing expenses for spare parts. The requirement of a safe working environment in industrial facilities as per the government norms is also driving the growth of the industrial filters market. The demand for industrial filters is high in developing economies such as India, Brazil, and South Africa due to the fast-paced urbanization and industrialization, which in turn, leads to an increased demand for potable water, further fueling the industrial filters market. The regulations regarding the exhaust emissions, maintenance, and disposal of the strainers for environmental conservation are expected to drive the overall filters market. Organizations such as the United Nations, Emirates Authority for Standardization and Metrology, California Environmental Protection Agency, EU Emission Standards, and Environmental Protection Agency have laid down specific regulations and guidelines to improve safety and reduce environmental & health hazards. However, the increasing demand for renewable energy sources is likely to restraint the global market growth during the forecast period.  

The growing use of industrial filters in a number of applications has resulted in manufacturer’s inclination towards strategic growth initiatives such as new product launches. For instance, in November 2018, Ahlstrom-Munksjö announced the launch of Extia 1000, a highly durable filtration media designed to extend filtration lifetime for Air Pollution Control applications, helping to protect people and the environment. The product is expected to extend filtration lifetime by more than 40%, helping customers to extend the operational duration, before needing to change the filters. Besides, 3M launched Filtrete Smart Air Filter, the first-ever Bluetooth-enabled HVAC air filter for household purpose.

Key Players

Some of the manufacturers operating in the global industrial filters market are Valmet (Finland), 3M (US), Ahlstrom-Munksjo (Finland), Lydall, Inc. (US), Nordic Air Filtration (Finland), Fibertex Nonwovens A/S (Denmark), Sefar AG (Switzerland), Freudenberg Filtration Technologies SE & Co. KG (Germany), Clear Edge (US), Sandler AG (Germany), American Fabric Filter Co (US), and ANDRITZ (Austria).  

Global Industrial Filters Market, by End-use Industry (%)  

Source: MRFR Analysis

Regional Analysis

The global industrial filters market has been segmented into five regions, namely Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

The market in Asia-Pacific held the largest market share in 2018 on account of rapid industrialization and urbanization in emerging economies such as India, Vietnam, Thailand, and Malaysia. High investments coupled with government initiatives to aid increasing urbanization and industrialization, particularly in the emerging economies highly influence the growth of the market. Change in customer lifestyle, as well as living standards, are key factors supporting the demand for industrial filters.

North America is projected to witness significant growth during the forecast period owing to the growth of food & beverage and chemicals industries in the region. The high standard of living and affordability are fueling the demand for industrial filters in these end-use industries. For instance, the US expenditure on pharmaceuticals was USD 3,337 billion in 2016.

The European market is projected to showcase substantial growth during the forecast period owing to high demand for industrial filters in major end-use industries such as food & beverage, chemicals, metals & mining, and pharmaceuticals.  

Segmentation

The global industrial filters market has been segmented on the basis of type, end-use industry, and region.

Based on type, the global market has been bifurcated into liquid and air filters. The liquid filter media is further segmented into woven fabrics, non-woven fabrics, and mesh, while the air filter media is segmented into non-woven fabrics, fiberglass, activated carbon, filter paper, metal, and others.

By end-use industry, the global market has been segmented into food & beverage, metal & mining, chemicals, pharmaceuticals, power generation, and others.

Intended Audience

• Industrial Filters Manufacturers


• Traders and Distributors of Industrial Filters


• Research and Development Institutes


• Potential Investors


• Raw Material Suppliers


• Nationalized Laboratories