Industrial Filtration Market Research Report - Global Forecast till 2030

Industrial Filtration Market Research Report: Information By Type (Air Filters  and Liquid Filters), By Media (Activated Charcoal/carbon, Fiber Glass, Fiber Paper, Metal, Nonwoven Fabrics and others), By End-Use Industry (Manufacturing, Oil and Gas, Power Generation, Pharmaceutical and others) - Global Forecast till 2030

ID: MRFR/E&P/5506-CR | November 2019 | Region: Global | 155 pages         

Industrial Filtration Market

Industrial Filtration Market share is projected to be worth USD 37.05 Billion by 2027, registering a CAGR of 6.49% during the forecast period (2021 - 2027)

Segmentation

By Type Air Filters Liquid Filters
By Media Activated Charcoal/carbon Fiber Glass Fiber Paper Metal Nonwoven Fabrics Others
By End-use Industry Manufacturing Oil and Gas Power Generation Pharmaceutical Others

Key Players

  • Parker Hannifin Corp (U.S.)
  • Alfa Laval (Sweden)
  • Camfil (Sweden)
  • Ahlstrom-Munksjö (Sweden)
  • Lenntech B.V. (Netherlands)
  • MANN+HUMMEL (Germany)
  • Pall Corporation (U.S.)
  • Sidco Filter Corporation (U.S.)
  • Filtration Group Corporation (U.S.)
  • Donaldson Company (U.S.)
  • Freudenberg Group (Germany)
  • Cummins Inc. (U.S.)
  • Eaton (Ireland)

Drivers

  • Investments in manufacturing and process industries in developing countries
  • Stringent environmental regulations
  • Need for clean and safe working environment
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Industrial Filtration Market is projected to be worth USD 37.05 Billion by 2027, registering a CAGR of 6.49% during the forecast period (2021 - 2027), The market was valued at USD 30.91 Billion in 2020.


Industrial Filtration Market Overview


Environmental protection laws and mandates are gaining importance globally to reduce the impact of industrial emissions. These standards focus on promoting non-toxic substances, modifying production processes, and implementing conservation techniques. The industrial filtration market products push for the reuse of materials and do not let them into the waste stream. It helps to eliminate pollution. Some participating regions like North America and Europe are some of the early adopters of the global environmental protection laws.


The introduction of concepts like the digitalization of filtration products acts as a key growth opportunity for the market. It helps in the real-time monitoring of industrial filters. These filters have sensors, and they record the load status of the air cleaners followed by the transfer of service-related information to the plant operator. The process of digitization plays an important role in the optimal planning of maintenance by avoiding unplanned machine downtimes. The presence of sensor technology can be replaced as and when it is needed. Also, such technology is important for the elimination of the risk to use these filters beyond their operational life. Also, it offers the longest service life for machines.


Industrial filters are used in filtering or separating industrial oils, gases, and lubricants during operations. It can separate liquid and solid matter and allow them to pass through separate outlets without interrupting the operation. Filtration solutions are being currently employed by manufacturers in food & beverages, water & wastewater, oil & gas, chemicals, pharmaceuticals, and biotechnology.


Industrial Filtration Market Competitive Landscape


The global industrial filtration market competition is driven by investments in latest filtration systems and policies rolled out by governments in various countries. Research and development, acquisitions, and product launches are strategies incorporated by players to stay afloat in the market. Replacement of old filters can be a prime opportunity for players to expand their reach in developing countries.


List of Key Companies Covered in this Report



  • Parker Hannifin Corp (U.S.)

  • Alfa Laval (Sweden)

  • Camfil (Sweden)

  • Ahlstrom-Munksjö (Sweden)

  • Lenntech B.V. (the Netherlands)

  • MANN+HUMMEL (Germany)

  • Pall Corporation (U.S.)

  • Sidco Filter Corporation (U.S.)

  • Filtration Group Corporation (U.S.)

  • Donaldson Company (U.S.)

  • Freudenberg Group (Germany)

  • Cummins Inc. (U.S.)

  • Eaton (Ireland)


Recent Developments



  • In October 2020, one of the industrial filtration market players - Donaldson Company, Inc., introduced the Donaldson Torit Rugged Pleat (RP) baghouse. It is an industrial dust collector. Its design helps to capture heavy and abrasive dust inherent to woodworking, mining, and grain processing, followed by its use in other industries.

  • In March 2020, Danaher internationally acquired the Biopharma business of GE’s Life Science division. This division is now called Cytiva. It is a leading provider of instruments, consumables, and other software and also renders support to the research, discovery, process development, and manufacturing workflow of biopharmaceutical drugs. Such global market acquisitions are expected to provide additional sales and are earning growth opportunities for the company’s Life Sciences segment.


Industrial Filtration Market Dynamics


Drivers



  • Stringent Environment Norms to Drive Demand


Rise in pollution levels and impending need for worker safety has pushed environmental reforms to be mandated in industrial environments. Rise of industrial liquids and contaminants have compelled government authorities to roll out policies for impeding its production from various industries. The European Commission in 2013 had proposed a clean air policy package for lowering the impacts from harmful emissions by 2030. Maintenance of a clean working environment is to be pivotal in driving the global industrial filtration system market.


Opportunities



  • Energy-efficient Filters to be Lucrative for Global Industrial Filtration Market


Energy-saving measures employed by governments worldwide can be a lucrative opportunity for filtration manufacturers in the global industrial filtration market. Electrical consumption amounting to 10-20% is bound to be used by HVAC systems across Europe. The European Committee of Air Handling and Refrigeration Equipment have designed a rating system for choosing energy-efficient filters and keeping power consumption at an optimal level.


Restraints



  • Renewable Energy to Pose a Viable Threat


Filtration technologies employed in renewable energy generation can pose a viable threat to industries. The rise in installation numbers of solar and wind power plants and use of membrane technology for separating harmful gases from generation of energy can bode well for filtration technology manufacturers. Inclination towards renewable energy sources for powering everyday devices can pose a threat to the global industrial filtration market.


Industrial Filtration Market Segment Overview


By Type



  • Liquid Filters to Rule in Global Industrial Filtration Market


Liquid filters can command a huge revenue share of the market owing to stringent environment regulations for preventing pollutants from entering water bodies. The high amount of spending on wastewater treatment plants and the need for clean water can drive the segment demand in the global industrial filtration systems market. The demand for zero charge and zero emission and adoption of advanced water equipment can drive the demand for industrial filters over the forecast period.


By Media



  • Nonwoven Fabrics to Dominate the Market till 2025


Nonwoven fabrics are durable, water-resistant, and hypoallergenic and used in industries of healthcare, mineral processing, and pharmaceuticals. The fabrics are used by equipment manufacturers for producing masks to filter out viral particles. The face mask launched by Freudenberg Group contains a three-layer polypropylene filter and characterized by breathability.


By End-use Industry



  • Pharmaceuticals to Grow at an Accelerated Pace


The pharmaceuticals industry is anticipated to be lucrative for the global industrial filtration market owing to rigorous quality assurance tests for over-the-counter (OTC) drugs and medications. The test can detect viruses and other bacteria that must be removed from all filters. Industrial filtration systems are put in place for making the end product suitable for human consumption.


F&B Industry to Command Huge Market Share


The food and beverage industry employs a huge amount of industrial filters for prolonging the shelf life of products. Liquid filtration plays an important role in adhering to various norms for quality assurance. Some of these include separation of milk fat from dairy products, separation and washing of grains in distilleries, and others. The large demand of processed foods and consumables by the large populace can drive the demand in the global industrial filtration market.


Industrial Filtration Market Regional Analysis


Asia Pacific to Rule the Industrial Filtration Market


APAC is expected to command a massive share of the global industrial filtration market owing to rapid industrialization and increasing number of initiatives for minimizing harmful emissions. This is exemplified by the establishment of the Asian Industrial Gases Association for promoting safety and industrial awareness of harmful gases and implementation of air filters for restricting its flow.


North America to Capture Global Industrial Filtration Market Share


North America is expected to drive the demand for industrial filtration owing to the presence of various companies in oil & gas, food & beverages, metal & mining, power generation, and pharmaceutical industries. The expansion of the manufacturing sector and the large consumer base in the region can bode well for the market.


COVID-19 Analysis


The COVID-19 pandemic has highlighted the safety and hygiene of industrial operations and pushed for reforms in this effect. Manufacturers are responding to the health crisis by expanding their capacity and assisting healthcare workers and governments in curbing the spread of the disease. For instance, Freudenberg Performance Materials is currently increasing its capacity for nonwoven media for raising the numbers of face masks. The mask is being produced using natural fruit extracts and possesses the capability of capturing the virus.


Nanotechnology is being employed by industries for restricting the flow of the virus while letting air circulate freely. Ventilation systems employing this technology can restrict the movement of the COVID-19 virus and let operations continue unabated. According to the University of Houston, nanotech coatings are critical during cold weather and maintain indoor air quality. These coatings are expected to be installed throughout New York City and capture virus particles.


Industrial Filtration Market Report Overview


The global industrial filtration market report by Market Research Future (MRFR) has been conducted by notable research analysts for providing an unbiased view of the industry. It contains developments, trends, drivers, and challenges for the forecast period. It segments the market by type, media, and end-use industry for a comprehensive view.


By Type



  • Liquid Filters

  • Air Filters


By Media



  • Metal

  • Fiber Paper

  • Fiber Glass

  • Non-woven Fabrics

  • Activated Charcoal/Carbon

  • Others


By End-use Industry



  • Pharmaceutical

  • Power Generation

  • Oil & Gas

  • Manufacturing

  • Others



Report Scope:
Report Attribute/Metric Details
  Market Size

  • 2027: USD 37.05 Billion
  • 2030: Significant Value
  •   CAGR   6.49% CAGR (2022-2030)
      Base Year   2021
      Forecast Period   2022-2030
      Historical Data   2019 & 2020
      Forecast Units   Value (USD Billion)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   Type, Media and End-Use
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   Parker Hannifin Corp (U.S.), Alfa Laval (Sweden), Camfil (Sweden), Ahlstrom-Munksjö (Sweden), Lenntech B.V. (the Netherlands), MANN+HUMMEL (Germany), Pall Corporation (U.S.), Sidco Filter Corporation (U.S.), Filtration Group Corporation (U.S.), Donaldson Company (U.S.), Freudenberg Group (Germany), Cummins Inc. (U.S.), Eaton (Ireland)
      Key Market Opportunities   Investments in manufacturing and process industries in developing countries
      Key Market Drivers

  • Stringent environmental regulations
  • Need for clean and safe working environment


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    Frequently Asked Questions (FAQ) :

    The industrial filtration market can surge at a lucrative CAGR by 2027.

    By 2027, the worldwide market of industrial filtration can attain USD 49.87 Billion by 2027.

    MANN+HUMMEL (Germany), Camfil (Sweden), Lenntech B.V. (the Netherlands), Sidco Filter Corporation (US), and Cummins Inc. (US) are some reputed names in the industrial filtration market.

    The growing clean work environment requirement is expected to prompt the industrial filtration expansion

    The high rate of deployment of industrial filtration in the F&B industry of APAC can bolster the regional market expansion.