Industrial Filtration Market Overview
Industrial Filtration Market share is projected to be worth USD 37.05 Billion, registering a CAGR of 6.49% during the forecast period (2022 – 2030).
Our Market Overview and Regional Analysis provide an understanding of the industries, companies and products within the market. Our Trends section provides an analysis of how the market is currently performing and looks set to perform in the future. Our Growth Forecast section gives you an idea about how our Market Analysis works, by giving us further details on how we can build our Market Forecast model for a particular domain within this report. Lastly, in our Metrics section we outline important data points relating to each of these sections as well as our current forecasted price range.
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The COVID-19 epidemic has brought attention to the safety and hygiene of industrial activities, prompting improvements. Manufacturers are responding to the public health problem by increasing capacity and aiding healthcare personnel and governments in curbing the disease’s spread. Freudenberg Performance Materials, for example, is now expanding its nonwoven media capacity to increase the number of face masks produced. The mask is made from natural fruit extracts and has the potential to capture the virus.
Market Segmentation
Based on the Type, the global market has been segmented as follows:
Based on the Media, the global market has been segmented as follows:
Based on the End-use Industry, the global market has been segmented as follows:
Based on the region, the global market has been segmented as follows:
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Regional Classification
Due to rising industrialization and an increasing number of programs aimed at reducing harmful emissions, APAC is likely to hold a significant proportion of the worldwide industrial filtration market. The founding of the Asian Industrial Gases Association, which promotes safety and industrial knowledge of dangerous gases, as well as the use of air filters to restrict their flow, is an example of this.
North America is likely to drive the need for industrial filtration owing to the presence of numerous organizations in oil & gas, food & drinks, metal & mining, power generation, and pharmaceutical industries. The market may benefit from the rise of the manufacturing sector and the region’s vast consumer base.
The major key players of the market are 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.), and Eaton (Ireland). Investments in the most up-to-date filtration systems, as well as legislation implemented by governments in various countries, fuel worldwide industrial filtration market rivalry. Players use methods including research and development, acquisitions, and product releases to stay afloat in the market. For players, replacing obsolete filters could be a great way to broaden their reach in poor countries.
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