The Liquid Filtration Market size is forecast to reach US$2.7 billion by 2027 after growing at a CAGR of 6.1% during the forecast period 2022-2027. Liquid Filtration is the process of removing solids from a contaminated liquid by passing it through a filter media in order to contain solid particles and to allow clean liquid to pass through the system.
Different types of liquid filtration systems include particle filtration and membrane filtration such as reverse osmosis and micro-filtration system. The Ministry of Petroleum and Natural Gas (MoPNG) announced that activities related to 8,363 Oil & Gas projects worth INR 5.88 lakh crore (US$ 80.47 billion) have resumed in India since April 2020. This, in turn, has increased the demand for liquid filtration systems in order to filter, refine, and treat the wastewater produced from these production sites. An increase in demand from the oil & gas sectors along with strict government regulations to adopt water treatment acts as major drivers for the market. On the other hand, the dependency of the liquid filtration industry on industrial catalysts may act as a major constraint for the market.
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Different types of liquid filtration systems include particle filtration and membrane filtration such as reverse osmosis and micro-filtration system. The Ministry of Petroleum and Natural Gas (MoPNG) announced that activities related to 8,363 Oil & Gas projects worth INR 5.88 lakh crore (US$ 80.47 billion) have resumed in India since April 2020. This, in turn, has increased the demand for liquid filtration systems in order to filter, refine, and treat the wastewater produced from these production sites. An increase in demand from the oil & gas sectors along with strict government regulations to adopt water treatment acts as major drivers for the market. On the other hand, the dependency of the liquid filtration industry on industrial catalysts may act as a major constraint for the market.
This product will be delivered within 2 business days.
Table of Contents
1. Liquid Filtration Market - Market
2. Liquid Filtration Market - Executive Summary
3. Liquid Filtration Market - Comparative analysis
4. Liquid Filtration Market - Market Forces
5. Liquid Filtration Market - Strategic Analysis
6. Liquid Filtration Market - By Fabric Material Type (Market Size - US$ Million/Billion)
7. Liquid Filtration Market - By Filter Type (Market Size - US$ Million/Billion)
8. Liquid Filtration Market - By Filtration System (Market Size - US$ Million/Billion)
9. Liquid Filtration Market- By End-Use Industry (Market Size - US$ Million/Billion)
10. Liquid Filtration Market - By Geography (Market Size - US$ Million/Billion)
11. Liquid Filtration Market - Entropy
13. Liquid Filtration Market Company Analysis - Business , Product Portfolio, Financials, and Developments
Methodology
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