Industrial Filters Market by Type (Air Filter Media and Liquid Filter Media) and by End-Use Industry (Food & Beverage, Metal & Mining, Chemical, Pharmaceutical, Power Generation, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Global industrial filters market expected to reach USD 3.92 billion by 2025, at a CAGR of 6.1% between 2019 and 2025. The global industrial filters market is projected to show rapid growth in the years ahead, owing to growing industrialization and urbanization across the globe.

25-Apr-2019 | Number of pages: 110 | Report Code: ZMR-4067 | Report Format : | Status : Published

Analysis

Industrial filters are used for cleaning and treating industrial oils, lubricants, gases, and water. Industrial filters are employed in a wide range of different fields, such as power plants, paper manufacturing facilities, and automotive production.

The global industrial filters market is projected to show rapid growth in the years ahead, owing to growing industrialization and urbanization across the globe. The increasing demand for industrial filters in the manufacturing sectors is anticipated to further boost the industrial filters market growth. Additionally, the rising applications of industrial filters in power generation and food and beverages industries are also likely to propel the industrial filters market globally in the future. However, the fluctuating prices of raw materials may hinder the industrial filters market growth in the future. Alternatively, the growing demand for renewable energy sources is estimated to offer lucrative growth opportunities for the global industrial filters market.

Global Industrial Filters Market

The global industrial filters market is divided based on the type and end-use industry. The type segment of the industrial filters market is categorized into liquid filter media (woven fabrics and mesh) and air filter media (nonwoven fabrics, fiberglass, activated carbon, filter, paper, metal, and others). The liquid filter media segment is projected to contribute a significant share to the global industrial filters market in the future, owing to the high demand for solid-liquid separation in several end-use industries. Based on end-use industry, the industrial filters market includes chemical, food and beverage, metal and mining, power generation, pharmaceutical, and others. The food and beverage segment is anticipated to show the highest growth rate in the years ahead. In the food and beverage sector, water is required for beverage production, washing, and processing purposes, which is anticipated to drive this segment’s growth.

In 2018, the Asia Pacific region dominated the global industrial filters market, due to the growing urbanization and the increasing regional population. Moreover, the rising applications of industrial filters in the chemical and metal and mining industries are likely to enhance this regional market’s growth in the future. North America is projected to hold a significant share of the global industrial filters market in the years ahead, owing to the region’s flourishing food and beverage due to the rising demand for convenience food, ready-to-eat food, and semi-processed and processed food.

Some companies involved in the global industrial filters market are 3M, Lydall Inc., Fibertex Nonwoven, Clear Edge Filtration Group, Valmet Corporation, Nordic Air Filtration, Freudenberg Filtration Technologies, Sefar AG, Sandler AG, and Ahlstrom-Munksjo.


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