Market Overview:
The global industrial filters market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for industrial filters from various end-use industries, such as food & beverage, metal & mining, chemical, pharmaceutical and power generation. In addition, the growing awareness about the benefits of using industrial filters is also contributing to the growth of this market. Based on type, liquid filter media held a major share of the global industrial filters market in 2017 and is expected to maintain its dominance during the forecast period. This can be attributed to their ability to remove contaminants from liquids efficiently.
Product Definition:
Industrial filters are used to clean or purify air, gas, or liquid streams. They can remove solid particles, water droplets, vapor molecules, or dissolved substances from a fluid. Common applications include removing pollutants from emissions and wastewater treatment.
Liquid Filter Media:
Liquid filter media is a highly porous, non-woven fabric that is saturated with pores of uniform size. The liquid to be filtered flows through the interstices of the media and is retained due to its high surface area. It can be used in various filters including wet scrubbers, cartridge filters, baghouse dust collectors and many more industrial filtration processes.
The liquid filter medium acts as an interface between the solid particles.
Air Filter Media:
Air filter media is used in industrial filters to remove particulate matter and dust from the air. The range of products includes activated carbon, ceramic, fiber, polypropylene nonwoven fabric and others. Fiber is the most widely used type of air filter media as it offers high efficiency for removing contaminants compared to other types. Air filter fibers are made up of organic materials such as cotton & cellulose or inorganic materials such as ceramics & activated carbon.
Application Insights:
The food and beverage application segment led the global market in 2017. This was attributed to the high demand for filter products from various applications, such as dairy processing plants, juice manufacturers, and beverage producers. The rising demand for packaged foods is also expected to fuel industry growth over the forecast period.
Industrial air filter media are used in a wide range of industries including food & beverages, metal & mining, chemical manufacturing and pharmaceuticals among others. In recent years there has been an increase in product usage across these sectors due to their stringent regulatory requirements regarding clean room conditions during production activities or processes that require sterile environments for maintaining equipment performance life expectancy. These factors are anticipated to drive industry growth over the forecast period globally as well as regionally.
Regional Analysis:
Asia Pacific dominated the global industry with a revenue share of over 35.0% in 2017. The region is expected to continue its dominance over the forecast period as well, owing to rapid industrialization and increasing demand for processed food coupled with rising disposable income levels among consumers in emerging economies including China and India.
The market in Europe is anticipated to witness considerable growth during the forecast period on account of stringent government regulations regarding industrial air pollution and implementation of EU directives pertaining to emission control standards for various industries across member states, particularly within Germany, France, Italy, Spain and U.K., which are some of the major markets in this region.
North America accounted for a significant revenue share within the global industry owing to high product adoption rates by end-users primarily from U.S., Canada & Mexico along with growing focus on energy conservation by governments at both federal level (U S) as well as state level (Numerous states such as California have adopted strict emission reduction policies).
Growth Factors:
- Increasing demand from the automotive and aerospace industries for high-performance filters
- Growing popularity of nanotechnology-based industrial filters
- Rising demand for energy-efficient industrial filters
- Proliferation of microfiltration and ultrafiltration technologies in the industrial sector
- Emergence of new filter media materials with superior performance characteristics
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Filters Market Research Report
By Type
Liquid Filter Media, Air Filter Media
By Application
Food & Beverage, Metal & Mining, Chemical, Pharmaceutical, Power Generation
By Companies
Parker Hannifin, Pall, Hydac, Valmet Corporation, Lydall Inc., 3M, Ahlstrom-Munksjo, Clear Edge Filtration Group, Nordic Air Filtration, Eaton, Donalson, Caterpillar, Bosch Rexroth, Mahle, UFI Filter, Baldwin, SMC Corporation, Yamashin, OMT Filters, Cim-Tek, Lenz Inc, LEEMIN, Evotek
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Filters Market Report Segments:
The global Industrial Filters market is segmented on the basis of:
Types
Liquid Filter Media, Air Filter Media
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Beverage, Metal & Mining, Chemical, Pharmaceutical, Power Generation
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Parker Hannifin
- Pall
- Hydac
- Valmet Corporation
- Lydall Inc.
- 3M
- Ahlstrom-Munksjo
- Clear Edge Filtration Group
- Nordic Air Filtration
- Eaton
- Donalson
- Caterpillar
- Bosch Rexroth
- Mahle
- UFI Filter
- Baldwin
- SMC Corporation
- Yamashin
- OMT Filters
- Cim-Tek
- Lenz Inc
- LEEMIN
- Evotek
Highlights of The Industrial Filters Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Liquid Filter Media
- Air Filter Media
- By Application:
- Food & Beverage
- Metal & Mining
- Chemical
- Pharmaceutical
- Power Generation
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial Filters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Industrial filters are used in industrial and commercial settings to remove particles, gases, or liquids from air or water.
Some of the major companies in the industrial filters market are Parker Hannifin, Pall, Hydac, Valmet Corporation, Lydall Inc., 3M, Ahlstrom-Munksjo, Clear Edge Filtration Group, Nordic Air Filtration, Eaton, Donalson, Caterpillar, Bosch Rexroth, Mahle, UFI Filter, Baldwin, SMC Corporation, Yamashin, OMT Filters, Cim-Tek, Lenz Inc, LEEMIN, Evotek.
The industrial filters market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial Filters Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Industrial Filters Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial Filters Market - Supply Chain
4.5. Global Industrial Filters Market Forecast
4.5.1. Industrial Filters Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Filters Market Size (000 Units) and Y-o-Y Growth
4.5.3. Industrial Filters Market Absolute $ Opportunity
5. Global Industrial Filters Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Industrial Filters Market Size and Volume Forecast by Type
5.3.1. Liquid Filter Media
5.3.2. Air Filter Media
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Industrial Filters Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Industrial Filters Market Size and Volume Forecast by Application
6.3.1. Food & Beverage
6.3.2. Metal & Mining
6.3.3. Chemical
6.3.4. Pharmaceutical
6.3.5. Power Generation
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Industrial Filters Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Industrial Filters Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Industrial Filters Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Industrial Filters Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Industrial Filters Demand Share Forecast, 2019-2026
9. North America Industrial Filters Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Industrial Filters Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Industrial Filters Market Size and Volume Forecast by Application
9.4.1. Food & Beverage
9.4.2. Metal & Mining
9.4.3. Chemical
9.4.4. Pharmaceutical
9.4.5. Power Generation
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Industrial Filters Market Size and Volume Forecast by Type
9.7.1. Liquid Filter Media
9.7.2. Air Filter Media
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Industrial Filters Demand Share Forecast, 2019-2026
10. Latin America Industrial Filters Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Industrial Filters Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Industrial Filters Market Size and Volume Forecast by Application
10.4.1. Food & Beverage
10.4.2. Metal & Mining
10.4.3. Chemical
10.4.4. Pharmaceutical
10.4.5. Power Generation
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Industrial Filters Market Size and Volume Forecast by Type
10.7.1. Liquid Filter Media
10.7.2. Air Filter Media
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Industrial Filters Demand Share Forecast, 2019-2026
11. Europe Industrial Filters Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Industrial Filters Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Industrial Filters Market Size and Volume Forecast by Application
11.4.1. Food & Beverage
11.4.2. Metal & Mining
11.4.3. Chemical
11.4.4. Pharmaceutical
11.4.5. Power Generation
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Industrial Filters Market Size and Volume Forecast by Type
11.7.1. Liquid Filter Media
11.7.2. Air Filter Media
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Industrial Filters Demand Share, 2019-2026
12. Asia Pacific Industrial Filters Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Industrial Filters Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Industrial Filters Market Size and Volume Forecast by Application
12.4.1. Food & Beverage
12.4.2. Metal & Mining
12.4.3. Chemical
12.4.4. Pharmaceutical
12.4.5. Power Generation
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Industrial Filters Market Size and Volume Forecast by Type
12.7.1. Liquid Filter Media
12.7.2. Air Filter Media
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Industrial Filters Demand Share, 2019-2026
13. Middle East & Africa Industrial Filters Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Industrial Filters Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Industrial Filters Market Size and Volume Forecast by Application
13.4.1. Food & Beverage
13.4.2. Metal & Mining
13.4.3. Chemical
13.4.4. Pharmaceutical
13.4.5. Power Generation
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Industrial Filters Market Size and Volume Forecast by Type
13.7.1. Liquid Filter Media
13.7.2. Air Filter Media
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Industrial Filters Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Industrial Filters Market: Market Share Analysis
14.2. Industrial Filters Distributors and Customers
14.3. Industrial Filters Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Parker Hannifin
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Pall
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hydac
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Valmet Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Lydall Inc.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. 3M
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ahlstrom-Munksjo
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Clear Edge Filtration Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Nordic Air Filtration
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Eaton
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Donalson
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Caterpillar
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Bosch Rexroth
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Mahle
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. UFI Filter
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Baldwin
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. SMC Corporation
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Yamashin
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. OMT Filters
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Cim-Tek
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
