Industrial Filtration Market Report: Trends, Forecast and Competitive Analysis to 2030

Industrial Filtration Trends and Forecast

The future of the global industrial filtration market looks promising with opportunities in the food & beverage, chemical & petrochemical, power generation, oil and gas, pharmaceutical, metal & mining, and automotive industries. The global industrial filtration market is expected to reach an estimated $52.6 billion by 2030 with a CAGR of 5.1% from 2024 to 2030. The major drivers for this market are growing emphasis on workplace safety and rising environmental concerns among the masses.

A more than 150-page report is developed to help in your business decisions.

Industrial Filtration by Segment

The study includes a forecast for the global industrial filtration by type, product, end use industry, and region.

Industrial Filtration Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Air
• Liquid

Industrial Filtration Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Bag Filter
• Filter Press
• Cartridge Filter
• Depth Filter
• Drum Filter
• Electrostatic Precipitator
• ULPA
• HEPA
• Others

Industrial Filtration Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Food & Beverage
• Chemicals & Petrochemicals
• Power Generation
• Oil & Gas
• Pharmaceuticals
• Metal & Mining
• Automotive
• Others

Industrial Filtration Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Industrial Filtration Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies industrial filtration companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the industrial filtration companies profiled in this report include-

• MANN + HUMMEL
• Danaher
• Parker-Hannifin
• 3M
• Camfil

Industrial Filtration Market Insights

Lucintel forecasts that liquid is expected to witness the higher growth over the forecast period due to its widespread application in pharmaceuticals, food and beverage, chemicals, oil and gas, and water treatment industries.

Within this market, food & beverage is expected to witness the highest growth due to rising usage of industrial filtration in this sector to maintain product quality, ensure safety, and meet regulatory compliance.

North America is expected to witness highest growth over the forecast period.

Features of the Global Industrial Filtration Market

Market Size Estimates: Industrial filtration market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Industrial filtration market size by type, product, end use industry, and region in terms of value ($B).

Regional Analysis: Industrial filtration market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, products, end use industries, and regions for the industrial filtration market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the industrial filtration market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the industrial filtration market size?

Answer: The global industrial filtration market is expected to reach an estimated $52.6 billion by 2030.

Q2. What is the growth forecast for industrial filtration market?

Answer: The global industrial filtration market is expected to grow with a CAGR of 5.1% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the industrial filtration market?

Answer: The major drivers for this market are growing emphasis on workplace safety and rising environmental concerns among the masses.

Q4. What are the major segments for industrial filtration market?

Answer: The future of the industrial filtration market looks promising with opportunities in the food & beverage, chemical & petrochemical, power generation, oil and gas, pharmaceutical, metal & mining, and automotive industries.

Q5. Who are the key industrial filtration market companies?

Answer: Some of the key industrial filtration companies are as follows.

• MANN + HUMMEL
• Danaher
• Parker-Hannifin
• 3M
• Camfil

Q6. Which industrial filtration market segment will be the largest in future?

Answer: Lucintel forecasts that liquid is expected to witness the higher growth over the forecast period due to its widespread application in pharmaceuticals, food and beverage, chemicals, oil and gas, and water treatment industries.

Q7. In industrial filtration market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the industrial filtration market by type (air and liquid), product (bag filter, filter press, cartridge filter, depth filter, drum filter, electrostatic precipitator, ulpa, hepa, and others), end use industry (food & beverage, chemicals & petrochemicals, power generation, oil & gas, pharmaceuticals, metal & mining, automotive, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?