The industrial filtration market is forecasted to grow by USD 11400.65 mn during 2023-2028, accelerating at a CAGR of 5.71% during the forecast period. The report on the industrial filtration market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing number of oil refineries, rising investment in chemical sector in India, and growing demand for high-quality filters in wastewater treatment plants.
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
4.82%
CAGR
5.71%
Incremental Value
$11400.65mn
Technavio's industrial filtration market is segmented as below:
By Product
Industrial liquid filtration
Industrial air filtration
By Application
Food and beverage
Chemicals and petrochemicals
Power generation
Others
By Geographical Landscape
North America
Europe
APAC
South America
Middle East and Africa
This study identifies the innovations in industrial filtration equipment by vendors as one of the prime reasons driving the industrial filtration market growth during the next few years. Also, rising demand for industrial filters in food processing sector and shifting towards eco-friendly filtration solutions will lead to sizable demand in the market.
The report on the industrial filtration market covers the following areas:
Industrial filtration market sizing
Industrial filtration market forecast
Industrial filtration market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial filtration market vendors that include 3M Co., Alfa Laval AB, Atmus Filtration Technologies Inc., Boll and Kirch Filterbau GmbH, Camfil AB, Danaher Corp., Donaldson Co. Inc., DuPont de Nemours Inc., Eaton Corp. Plc, Ecolab Inc., Entegris Inc., Filtration Group Corp., Freudenberg and Co. KG, GEA Group AG, Graver Technologies LLC, Hengst SE, Lenntech BV, MANN HUMMEL International GmbH and Co. KG, Parker Hannifin Corp., Pentair Plc, Russell Finex Ltd., Siemens AG, Synder Filtration Inc., and Xylem Inc.. Also, the industrial filtration market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
4 Historic Market Size
4.1 Global industrial filtration market 2018 - 2022
4.2 Product Segment Analysis 2018 - 2022
4.3 Application Segment Analysis 2018 - 2022
4.4 Geography Segment Analysis 2018 - 2022
4.5 Country Segment Analysis 2018 - 2022
5 Five Forces Analysis
5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition
6 Market Segmentation by Product
6.1 Market segments
6.2 Comparison by Product
6.3 Industrial liquid filtration - Market size and forecast 2023-2028
6.4 Industrial air filtration - Market size and forecast 2023-2028
6.5 Market opportunity by Product
7 Market Segmentation by Application
7.1 Market segments
7.2 Comparison by Application
7.3 Food and beverage - Market size and forecast 2023-2028
7.4 Chemicals and petrochemicals - Market size and forecast 2023-2028
7.5 Power generation - Market size and forecast 2023-2028
7.6 Others - Market size and forecast 2023-2028
7.7 Market opportunity by Application
8 Customer Landscape
8.1 Customer landscape overview
9 Geographic Landscape
9.1 Geographic segmentation
9.2 Geographic comparison
9.3 North America - Market size and forecast 2023-2028
9.4 Europe - Market size and forecast 2023-2028
9.5 APAC - Market size and forecast 2023-2028
9.6 South America - Market size and forecast 2023-2028
9.7 Middle East and Africa - Market size and forecast 2023-2028