Rising need for industrial and municipal water treatment is resulting in utilization of liquid filtration, which is a key factor driving market revenue growth.
Market Size - USD 2,151.9 Million in 2020, Market Growth - CAGR of 5.5%, Market Trends - Rising investment in R&D and advanced technologies to strengthen defense capabilities
The global liquid filtration market size is expected to reach USD 3,324.8 Million in 2028, and register a CAGR of 5.5% during the forecast period. Rapid industrialization and urbanization, and infrastructural development activities in various developed and developing countries, and need for industrial filters to lower or eliminate liquid pollution, are major factors expected to drive market growth.
Increasing number of manufacturing units of various industries including food & beverage, pulp & paper, chemicals, pharmaceuticals, and other industries where liquid filtration becomes a necessity is a key factor driving need for liquid filtration, thereby supporting market growth However, growing demand and adoption of renewable energy resources could hamper market growth to a certain extent.
Some Key Findings From the Report:
For the purpose of this report, the global liquid filtration market is segmented on the basis of fabric material, filter media, end-use, and region:
Fabric Material Outlook
Filter Media Outlook
End-Use Outlook
Region Outlook
Reasons to Buy the Report
Market Size - USD 2,151.9 Million in 2020, Market Growth - CAGR of 5.5%, Market Trends - Rising investment in R&D and advanced technologies to strengthen defense capabilities
The global liquid filtration market size is expected to reach USD 3,324.8 Million in 2028, and register a CAGR of 5.5% during the forecast period. Rapid industrialization and urbanization, and infrastructural development activities in various developed and developing countries, and need for industrial filters to lower or eliminate liquid pollution, are major factors expected to drive market growth.
Increasing number of manufacturing units of various industries including food & beverage, pulp & paper, chemicals, pharmaceuticals, and other industries where liquid filtration becomes a necessity is a key factor driving need for liquid filtration, thereby supporting market growth However, growing demand and adoption of renewable energy resources could hamper market growth to a certain extent.
Some Key Findings From the Report:
- Among the filter media segments, the woven fabric segment accounted for the largest revenue share in the global market in 2020. The mesh filter media segment is expected to register a robust revenue growth rate during the forecast period.
- Among the fabric material segments, the cotton fabric material segment accounted for the largest revenue share in the global market in 2020, and is projected to register considerably high CAGR during the forecast period.
- Among the end-use segments, the municipal segment accounted for comparatively higher revenue share than the industrial segment in 2020.
- The Asia Pacific liquid filtration is expected dominate in the global market over the forecast period, due to rapid industrialization, increasing number of manufacturing units of various industries, and need for liquid filtration systems to eliminate unwanted elements.
- North America market accounted for a robust revenue share in the global liquid filtration market in 2020, due to rapidly booming industries including food and beverages, chemical, etc., coupled with rising need for filtration of liquids in order to remove unwanted particles.
- Europe market is projected to register a robust CAGR during the forecast period, due to constantly increasing technological advancements in water management techniques by players operating in countries in the region.
- Key players profiled in the report include Eaton Corporation, Sefar AG, Fibertex Nonwoven, Sandler AG, Freudenberg Filtration Technologies, Valmet Corporation, GKD Gebr. Kufferath AG, Ahlstrom-Munksjö, Schweitzer-Mauduit International, and Filtercorp International. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
For the purpose of this report, the global liquid filtration market is segmented on the basis of fabric material, filter media, end-use, and region:
Fabric Material Outlook
- Polymer
- Cotton
- Aramid
- Metal
Filter Media Outlook
- Woven Fabrics
- Nonwoven Fabrics
- Mesh
End-Use Outlook
- Municipal
- Industrial
Region Outlook
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Liquid Filtration Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major players in Liquid Filtration Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 4. Liquid Filtration Market Segmentation & Impact Analysis
Chapter 5. Liquid Filtration By Fabric Material Insights & Trends
Chapter 6. Liquid Filtration By Filter Media Insights & Trends
Chapter 7. Liquid Filtration By End-Use Insights & Trends
Chapter 8. Liquid Filtration Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
Companies Mentioned
- Eaton Corporation
- Sefar AG
- Fibertex Nonwoven
- Sandler AG
- Freudenberg Filtration Technologies
- Valmet Corporation
- GKD Gebr. Kufferath AG
- Ahlstrom-Munksjö
- Schweitzer-Mauduit International
- Filtercorp International.
