Industrial Filtration Market Research Report - Global Forecast till 2027

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 2027

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

Industrial Filtration Market Overview


Industrial Filtration Market size can reach USD 40,240 Million by 2025, according to Market Research Future (MRFR). It can display a CAGR of 6.5% over the forecast period (2019-2025). 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.


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.


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)


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.


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.


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.


Recent Developments


Camfil, an American corporation, has launched new air filters for the food and beverage industry that reduce threats from contaminants while lowering production costs. The Durafil ES2 filter can maximize the efficiency of production and protect the product from spores, pathogens, and volatile organic compounds (VOCs). The reopening of restaurants and kitchens during the COVID-19 pandemic can provide a lucrative opportunity for the manufacturer.


Simatek and FLSmidth have reached an agreement for acquiring the fabric filter technology of the latter in 2020. This will allow the former to expand its base of operations and consumer base.


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

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS 15

1.1.1 GLOBAL INDUSTRIAL FILTRATION MARKET, BY TYPE 15

1.1.2 GLOBAL INDUSTRIAL FILTRATION MARKET, BY MEDIA 16

1.1.3 GLOBAL INDUSTRIAL FILTRATION MARKET, BY END-USE INDUSTRY 17

1.1.4 GLOBAL INDUSTRIAL FILTRATION MARKET, BY REGION 18

2 MARKET INTRODUCTION

2.1 DEFINITION 19

2.2 SCOPE OF THE STUDY 19

2.3 RESEARCH OBJECTIVE 19

2.4 MARKET STRUCTURE 20

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS 21

3.2 PRIMARY RESEARCH 22

3.3 SECONDARY RESEARCH 23

3.4 MARKET SIZE ESTIMATION 23

3.5 FORECAST MODEL 25

3.6 LIST OF ASSUMPTIONS 26

4 MARKET INSIGHTS

5 MARKET DYNAMICS

5.1 OVERVIEW 30

5.2 DRIVERS 31

5.2.1 STRINGENT ENVIRONMENTAL REGULATIONS 31

5.2.2 NEED FOR CLEAN AND SAFE WORKING ENVIRONMENT 31

5.3 RESTRAINT 32

5.3.1 USE OF RENEWABLE ENERGY SOURCES FOR POWER GENERATION 32

5.4 OPPORTUNITY 32

5.4.1 INVESTMENTS IN MANUFACTURING AND PROCESS INDUSTRIES IN DEVELOPING COUNTRIES 32

6 MARKET FACTOR ANALYSIS

6.1 SUPPLY CHAIN ANALYSIS 34

6.1.1 DESIGN & DEVELOPMENT 35

6.1.2 COMPONENT & RAW MATERIAL SUPPLY 35

6.1.3 MANUFACTURE & ASSEMBLY 35

6.1.4 DISTRIBUTION 35

6.1.5 END USE 35

6.2 PORTER’S FIVE FORCES MODEL 36

6.2.1 THREAT OF NEW ENTRANTS 37

6.2.2 BARGAINING POWER OF SUPPLIERS 37

6.2.3 BARGAINING POWER OF BUYERS 37

6.2.4 THREAT OF SUBSTITUTES 37

6.2.5 RIVALRY 37

7 GLOBAL INDUSTRIAL FILTRATION MARKET, BY TYPE

7.1 OVERVIEW 38

7.2 AIR FILTER 39

7.3 LIQUID FILTERS 39

8 GLOBAL INDUSTRIAL FILTRATION MARKET, BY MEDIA

8.1 OVERVIEW 40

8.2 FIBER GLASS 42

8.3 ACTIVATED CHARCOAL/CARBON 42

8.4 FIBER PAPER 42

8.5 METAL 42

8.6 NONWOVEN FABRICS 43

8.7 OTHERS 43

9 GLOBAL INDUSTRIAL FILTRATION MARKET, BY END-USE INDUSTRY

9.1 OVERVIEW 44

9.2 OIL & GAS 45

9.3 MANUFACTURING 46

9.4 POWER GENERATION 46

9.5 PHARMACEUTICAL 46

9.6 OTHERS 47

10 GLOBAL INDUSTRIAL FILTRATION MARKET, BY REGION

10.1 OVERVIEW 48

10.2 NORTH AMERICA 50

10.2.1 US 52

10.2.2 CANADA 53

10.2.3 MEXICO 55

10.3 EUROPE 57

10.3.1 GERMANY 59

10.3.2 UK 60

10.3.3 FRANCE 62

10.3.4 REST OF EUROPE 63

10.4 ASIA-PACIFIC 65

10.4.1 CHINA 67

10.4.2 JAPAN 68

10.4.3 INDIA 70

10.4.4 AUSTRALIA 71

10.4.5 REST OF ASIA-PACIFIC 72

10.5 MIDDLE EAST & AFRICA 74

10.5.1 SAUDI ARABIA 76

10.5.2 UAE 77

10.5.3 SOUTH AFRICA 79

10.5.4 REST OF MIDDLE EAST & AFRICA 80

10.6 SOUTH AMERICA 82

10.6.1 BRAZIL 83

10.6.2 ARGENTINA 85

10.6.3 REST OF SOUTH AMERICA 86

11 COMPETITIVE LANDSCAPE

11.1 COMPETITIVE OVERVIEW 88

11.2 COMPETITIVE BENCHMARKING 89

11.3 MARKET SHARE ANALYSIS 90

11.4 KEY DEVELOPMENTS & GROWTH STRATEGIES 91

11.4.1 PRODUCT DEVELOPMENTS 91

11.4.2 MERGER AND ACQUISITION 91

12 COMPANY PROFILES

12.1 FREUDENBERG GROUP 92

12.1.1 COMPANY OVERVIEW 92

12.1.2 FINANCIAL OVERVIEW 93

12.1.3 PRODUCTS OFFERED 94

12.1.4 KEY DEVELOPMENTS 95

12.1.5 SWOT ANALYSIS 95

12.1.6 KEY STRATEGIES 96

12.2 ALFA LAVAL 97

12.2.1 COMPANY OVERVIEW 97

12.2.2 FINANCIAL OVERVIEW 98

12.2.3 PRODUCTS OFFERED 99

12.2.4 KEY DEVELOPMENTS 99

12.2.5 SWOT ANALYSIS 100

12.2.6 KEY STRATEGIES 100

12.3 EATON 101

12.3.1 COMPANY OVERVIEW 101

12.3.2 FINANCIAL OVERVIEW 102

12.3.3 PRODUCTS OFFERED 103

12.3.4 KEY DEVELOPMENTS 103

12.3.5 SWOT ANALYSIS 104

12.3.6 KEY STRATEGIES 104

12.4 DONALDSON COMPANY, INC. 105

12.4.1 COMPANY OVERVIEW 105

12.4.2 FINANCIAL OVERVIEW 106

12.4.3 PRODUCTS/SERVICES OFFERED 107

12.4.4 KEY DEVELOPMENTS 107

12.4.5 SWOT ANALYSIS 108

12.4.6 KEY STRATEGIES 108

12.5 MANN+HUMMEL 109

12.5.1 COMPANY OVERVIEW 109

12.5.2 FINANCIAL OVERVIEW 110

12.5.3 PRODUCTS OFFERED 111

12.5.4 KEY DEVELOPMENTS 112

12.5.5 SWOT ANALYSIS 112

12.5.6 KEY STRATEGIES 113

12.6 LENNTECH B.V. 114

12.6.1 COMPANY OVERVIEW 114

12.6.2 FINANCIAL OVERVIEW 114

12.6.3 PRODUCTS/SERVICES OFFERED 114

12.6.4 KEY DEVELOPMENTS 114

12.7 CAMFIL 115

12.7.1 COMPANY OVERVIEW 115

12.7.2 FINANCIAL OVERVIEW 115

12.7.3 PRODUCTS/SERVICES OFFERED 115

12.7.4 KEY DEVELOPMENTS 116

12.8 CUMMINS INC. 117

12.8.1 COMPANY OVERVIEW 117

12.8.2 FINANCIAL OVERVIEW 118

12.8.3 PRODUCTS OFFERED 119

12.8.4 KEY DEVELOPMENTS 120

12.9 SIDCO FILTER CORPORATION 121

12.9.1 COMPANY OVERVIEW 121

12.9.2 FINANCIAL OVERVIEW 121

12.9.3 PRODUCTS/SERVICES OFFERED 121

12.9.4 KEY DEVELOPMENTS 123

12.10 FILTRATION GROUP CORPORATION 124

12.10.1 COMPANY OVERVIEW 124

12.10.2 FINANCIAL OVERVIEW 124

12.10.3 PRODUCTS/SERVICES OFFERED 124

12.10.4 KEY DEVELOPMENTS 125

12.11 PALL CORPORATION 126

12.11.1 COMPANY OVERVIEW 126

12.11.2 FINANCIAL OVERVIEW 126

12.11.3 PRODUCTS OFFERED 126

12.11.4 KEY DEVELOPMENTS 127

12.12 AHLSTROM-MUNKSJÖ 128

12.12.1 COMPANY OVERVIEW 128

12.12.2 FINANCIAL OVERVIEW 129

12.12.3 PRODUCTS/SERVICES OFFERED 130

12.12.4 KEY DEVELOPMENTS 130

12.13 PARKER HANNIFIN CORP 131

12.13.1 COMPANY OVERVIEW 131

12.13.2 FINANCIAL OVERVIEW 132

12.13.3 PRODUCTS OFFERED 133

12.13.4 KEY DEVELOPMENTS 134

13 LIST OF TABLES

TABLE 1 PRIMARY INTERVIEWS 22

TABLE 2 LIST OF ASSUMPTIONS 26

TABLE 3 GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY TYPE, 2020–2027 (USD MILLION) 39

TABLE 4 GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY MEDIA, 2020–2027 (USD MILLION) 41

TABLE 5 GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY END-USE INDUSTRY, 2020–2027 (USD MILLION) 45

TABLE 6 GLOBAL INDUSTRIAL FILTRATION MARKET, BY REGION, 2020–2027 (USD MILLION) 49

TABLE 7 NORTH AMERICA: INDUSTRIAL FILTRATION MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 50

TABLE 8 NORTH AMERICA: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY TYPE, 2020–2027 (USD MILLION) 50

TABLE 9 NORTH AMERICA: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY MEDIA, 2020–2027 (USD MILLION) 51

TABLE 10 NORTH AMERICA: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY END-USE INDUSTRY, 2020–2027 (USD MILLION) 51

TABLE 11 US: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY TYPE, 2020–2027 (USD MILLION) 52

TABLE 12 US: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY MEDIA, 2020–2027 (USD MILLION) 52

TABLE 13 US: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY END-USE INDUSTRY, 2020–2027 (USD MILLION) 53

TABLE 14 CANADA: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY TYPE, 2020–2027 (USD MILLION) 53

TABLE 15 CANADA: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY MEDIA, 2020–2027 (USD MILLION) 54

TABLE 16 CANADA: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY END-USE INDUSTRY, 2020–2027 (USD MILLION) 54

TABLE 17 MEXICO: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY TYPE, 2020–2027 (USD MILLION) 55

TABLE 18 MEXICO: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY MEDIA, 2020–2027 (USD MILLION) 55

TABLE 19 MEXICO: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY END-USE INDUSTRY, 2020–2027 (USD MILLION) 56

TABLE 20 EUROPE: INDUSTRIAL FILTRATION MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 57

TABLE 21 EUROPE: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY TYPE, 2020–2027 (USD MILLION) 57

TABLE 22 EUROPE: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY MEDIA, 2020–2027 (USD MILLION) 58

TABLE 23 EUROPE: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY END-USE INDUSTRY, 2020–2027 (USD MILLION) 58

TABLE 24 GERMANY: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY TYPE, 2020–2027 (USD MILLION) 59

TABLE 25 GERMANY: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY MEDIA, 2020–2027 (USD MILLION) 59

TABLE 26 GERMANY: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY END-USE INDUSTRY, 2020–2027 (USD MILLION) 60

TABLE 27 UK: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY TYPE, 2020–2027 (USD MILLION) 60

TABLE 28 UK: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY MEDIA, 2020–2027 (USD MILLION) 61

TABLE 29 UK: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY END-USE INDUSTRY, 2020–2027 (USD MILLION) 61

TABLE 30 FRANCE: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY TYPE, 2020–2027 (USD MILLION) 62

TABLE 31 FRANCE: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY MEDIA, 2020–2027 (USD MILLION) 62

TABLE 32 FRANCE: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY END-USE INDUSTRY, 2020–2027 (USD MILLION) 63

TABLE 33 REST OF EUROPE: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY TYPE, 2020–2027 (USD MILLION) 63

TABLE 34 REST OF EUROPE: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY MEDIA, 2020–2027 (USD MILLION) 64

TABLE 35 REST OF EUROPE: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY END-USE INDUSTRY, 2020–2027 (USD MILLION) 64

TABLE 36 ASIA-PACIFIC: INDUSTRIAL FILTRATION MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 65

TABLE 37 ASIA-PACIFIC: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY TYPE, 2020–2027 (USD MILLION) 65

TABLE 38 ASIA-PACIFIC: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY MEDIA, 2020–2027 (USD MILLION) 66

TABLE 39 ASIA-PACIFIC: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY END-USE INDUSTRY, 2020–2027 (USD MILLION) 66

TABLE 40 CHINA: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY TYPE, 2020–2027 (USD MILLION) 67

TABLE 41 CHINA: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY MEDIA, 2020–2027 (USD MILLION) 67

TABLE 42 CHINA: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY END-USE INDUSTRY, 2020–2027 (USD MILLION) 68

TABLE 43 JAPAN: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY TYPE, 2020–2027 (USD MILLION) 68

TABLE 44 JAPAN: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY MEDIA, 2020–2027 (USD MILLION) 69

TABLE 45 JAPAN: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY END-USE INDUSTRY, 2020–2027 (USD MILLION) 69

TABLE 46 INDIA: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY TYPE, 2020–2027 (USD MILLION) 70

TABLE 47 INDIA: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY MEDIA, 2020–2027 (USD MILLION) 70

TABLE 48 INDIA: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY END-USE INDUSTRY, 2020–2027 (USD MILLION) 71

TABLE 49 AUSTRALIA: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY TYPE, 2020–2027 (USD MILLION) 71

TABLE 50 AUSTRALIA: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY MEDIA, 2020–2027 (USD MILLION) 72

TABLE 51 AUSTRALIA: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY END-USE INDUSTRY, 2020–2027 (USD MILLION) 72

TABLE 52 REST OF ASIA-PACIFIC: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY TYPE, 2020–2027 (USD MILLION) 73

TABLE 53 REST OF ASIA-PACIFIC: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY MEDIA, 2020–2027 (USD MILLION) 73

TABLE 54 REST OF ASIA-PACIFIC: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY END-USE INDUSTRY, 2020–2027 (USD MILLION) 73

TABLE 55 MIDDLE EAST & AFRICA: INDUSTRIAL FILTRATION MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 74

TABLE 56 MIDDLE EAST & AFRICA: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY TYPE, 2020–2027 (USD MILLION) 74

TABLE 57 MIDDLE EAST & AFRICA: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY MEDIA, 2020–2027 (USD MILLION) 75

TABLE 58 MIDDLE EAST & AFRICA: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY END-USE INDUSTRY, 2020–2027 (USD MILLION) 75

TABLE 59 SAUDI ARABIA: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY TYPE, 2020–2027 (USD MILLION) 76

TABLE 60 SAUDI ARABIA: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY MEDIA, 2020–2027 (USD MILLION) 76

TABLE 61 SAUDI ARABIA: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY END-USE INDUSTRY, 2020–2027 (USD MILLION) 77

TABLE 62 UAE: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY TYPE, 2020–2027 (USD MILLION) 77

TABLE 63 UAE: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY MEDIA, 2020–2027 (USD MILLION) 78

TABLE 64 UAE: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY END-USE INDUSTRY, 2020–2027 (USD MILLION) 78

TABLE 65 SOUTH AFRICA: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY TYPE, 2020–2027 (USD MILLION) 79

TABLE 66 SOUTH AFRICA: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY MEDIA, 2020–2027 (USD MILLION) 79

TABLE 67 SOUTH AFRICA: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY END-USE INDUSTRY, 2020–2027 (USD MILLION) 80

TABLE 68 REST OF MIDDLE EAST & AFRICA: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY TYPE, 2020–2027 (USD MILLION) 80

TABLE 69 REST OF MIDDLE EAST & AFRICA: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY MEDIA, 2020–2027 (USD MILLION) 81

TABLE 70 REST OF MIDDLE EAST & AFRICA: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY END-USE INDUSTRY, 2020–2027 (USD MILLION) 81

TABLE 71 SOUTH AMERICA: GLOBAL INDUSTRIAL FILTRATION MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 82

TABLE 72 SOUTH AMERICA: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY TYPE, 2020–2027 (USD MILLION) 82

TABLE 73 SOUTH AMERICA: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY MEDIA, 2020–2027 (USD MILLION) 83

TABLE 74 SOUTH AMERICA: GLOBAL INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY END-USE INDUSTRY, 2020–2027 (USD MILLION) 83

TABLE 75 BRAZIL: INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY TYPE, 2020–2027 (USD MILLION) 84

TABLE 76 BRAZIL: INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY MEDIA, 2020–2027 (USD MILLION) 84

TABLE 77 BRAZIL: INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY END-USE INDUSTRY, 2020–2027 (USD MILLION) 84

TABLE 78 ARGENTINA: INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY TYPE, 2020–2027 (USD MILLION) 85

TABLE 79 ARGENTINA: INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY MEDIA, 2020–2027 (USD MILLION) 85

TABLE 80 ARGENTINA: INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY END-USE INDUSTRY, 2020–2027 (USD MILLION) 86

TABLE 81 REST OF SOUTH AMERICA: INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY TYPE, 2020–2027 (USD MILLION) 86

TABLE 82 REST OF SOUTH AMERICA: INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY MEDIA, 2020–2027 (USD MILLION) 87

TABLE 83 REST OF SOUTH AMERICA: INDUSTRIAL FILTRATION: MARKET ESTIMATES & FORECAST, BY END-USE INDUSTRY, 2020–2027 (USD MILLION) 87

TABLE 84 PRODUCT DEVELOPMENTS 91

TABLE 85 MERGER AND ACQUISITION 91

TABLE 86 FREUDENBERG GROUP: PRODUCTS/SERVICES OFFERED 94

TABLE 87 FREUDENBERG GROUP: KEY DEVELOPMENTS 95

TABLE 88 ALFA LAVAL: PRODUCTS OFFERED 99

TABLE 89 ALFA LAVAL: KEY DEVELOPMENTS 99

TABLE 90 EATON: PRODUCTS OFFERED 103

TABLE 91 EATON: KEY DEVELOPMENTS 103

TABLE 92 DONALDSON COMPANY, INC.: PRODUCTS/SERVICES OFFERED 107

TABLE 93 DONALDSON COMPANY, INC.: KEY DEVELOPMENTS 107

TABLE 94 MANN+HUMMEL: PRODUCTS OFFERED 111

TABLE 95 MANN+HUMMEL: KEY DEVELOPMENTS 112

TABLE 96 LENNTECH B.V.: PRODUCTS OFFERED 114

TABLE 97 CAMFIL: PRODUCTS/SERVICES OFFERED 115

TABLE 98 CAMFIL: KEY DEVELOPMENTS 116

TABLE 99 CUMMINS INC.: PRODUCTS OFFERED 119

TABLE 100 CUMMINS INC.: KEY DEVELOPMENTS 120

TABLE 101 SIDCO FILTER CORPORATION: PRODUCTS/SERVICES OFFERED 121

TABLE 102 FILTRATION GROUP CORPORATION: PRODUCTS/SERVICES OFFERED 124

TABLE 103 FILTRATION GROUP CORPORATION: KEY DEVELOPMENTS 125

TABLE 104 PALL CORPORATION: PRODUCTS OFFERED 126

TABLE 105 PALL CORPORATION: KEY DEVELOPMENTS 127

TABLE 106 AHLSTROM-MUNKSJÖ: PRODUCTS/SERVICES OFFERED 130

TABLE 107 AHLSTROM-MUNKSJÖ: KEY DEVELOPMENTS 130

TABLE 108 PARKER HANNIFIN CORP: PRODUCTS OFFERED 133

TABLE 109 PARKER HANNIFIN CORP: KEY DEVELOPMENTS 134

14 LIST OF FIGURES

FIGURE 1 MARKET SYNOPSIS 14

FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL INDUSTRIAL FILTRATION MARKET 15

FIGURE 3 GLOBAL INDUSTRIAL FILTRATION MARKET ANALYSIS, BY TYPE 15

FIGURE 4 GLOBAL INDUSTRIAL FILTRATION MARKET ANALYSIS, BY MEDIA 16

FIGURE 5 GLOBAL INDUSTRIAL FILTRATION MARKET ANALYSIS, BY END-USE INDUSTRY 17

FIGURE 6 GLOBAL INDUSTRIAL FILTRATION MARKET ANALYSIS, BY REGION 18

FIGURE 7 GLOBAL INDUSTRIAL FILTRATION MARKET: STRUCTURE 20

FIGURE 8 RESEARCH PROCESS 21

FIGURE 9 TOP-DOWN AND BOTTOM-UP APPROACHES 24

FIGURE 10 NORTH AMERICA: INDUSTRIAL FILTRATION MARKET SIZE & MARKET SHARE, BY COUNTRY (2020 VS 2027) 27

FIGURE 11 EUROPE: INDUSTRIAL FILTRATION MARKET SIZE & MARKET SHARE, BY COUNTRY (2020 VS 2027) 27

FIGURE 12 ASIA-PACIFIC: INDUSTRIAL FILTRATION MARKET SIZE & MARKET SHARE, BY COUNTRY (2020 VS 2027) 28

FIGURE 13 MIDDLE EAST & AFRICA: INDUSTRIAL FILTRATION MARKET SIZE & MARKET SHARE, BY COUNTRY (2020 VS 2027) 28

FIGURE 14 SOUTH AMERICA: INDUSTRIAL FILTRATION MARKET SIZE & MARKET SHARE, BY COUNTRY (2020 VS 2027) 29

FIGURE 15 DRO ANALYSIS: GLOBAL INDUSTRIAL FILTRATION MARKET 30

FIGURE 16 SUPPLY CHAIN: GLOBAL INDUSTRIAL FILTRATION MARKET 34

FIGURE 17 PORTER'S FIVE FORCES ANALYSIS: GLOBAL INDUSTRIAL FILTRATION MARKET 36

FIGURE 18 GLOBAL INDUSTRIAL FILTRATION MARKET, BY TYPE, 2020 (% SHARE) 38

FIGURE 19 GLOBAL INDUSTRIAL FILTRATION MARKET, BY TYPE, 2020–2027 (USD MILLION) 38

FIGURE 20 GLOBAL INDUSTRIAL FILTRATION MARKET, BY MEDIA, 2020 (% SHARE) 40

FIGURE 21 GLOBAL INDUSTRIAL FILTRATION MARKET, BY MEDIA, 2020–2027 (USD MILLION) 41

FIGURE 22 GLOBAL INDUSTRIAL FILTRATION MARKET, BY END-USE INDUSTRY, 2020 (% SHARE) 44

FIGURE 23 GLOBAL INDUSTRIAL FILTRATION MARKET, BY END-USE INDUSTRY, 2020–2027 (USD MILLION) 45

FIGURE 24 GLOBAL INDUSTRIAL FILTRATION MARKET, BY REGION, 2020 (% SHARE) 48

FIGURE 25 GLOBAL INDUSTRIAL FILTRATION MARKET, BY REGION, 2020–2027 (USD MILLION) 49

FIGURE 26 BENCHMARKING OF MAJOR COMPETITORS 89

FIGURE 27 MARKET SHARE ANALYSIS, 2020 90

FIGURE 28 FREUDENBERG GROUP: FINANCIAL OVERVIEW SNAPSHOT 93

FIGURE 29 FREUDENBERG GROUP: SWOT ANALYSIS 95

FIGURE 30 ALFA LAVAL: FINANCIAL OVERVIEW SNAPSHOT 98

FIGURE 31 ALFA LAVAL: SWOT ANALYSIS 100

FIGURE 32 EATON: FINANCIAL OVERVIEW SNAPSHOT 102

FIGURE 33 EATON: SWOT ANALYSIS 104

FIGURE 34 DONALDSON COMPANY, INC.: FINANCIAL OVERVIEW SNAPSHOT 106

FIGURE 35 DONALDSON COMPANY, INC.: SWOT ANALYSIS 108

FIGURE 36 MANN+HUMMEL: FINANCIAL OVERVIEW SNAPSHOT 110

FIGURE 37 MANN+HUMMEL: SWOT ANALYSIS 112

FIGURE 38 CUMMINS INC.: FINANCIAL OVERVIEW SNAPSHOT 118

FIGURE 39 AHLSTROM-MUNKSJÖ: FINANCIAL OVERVIEW SNAPSHOT 129

FIGURE 40 PARKER HANNIFIN CORP: FINANCIAL OVERVIEW SNAPSHOT 132

Industrial Filtration Market