Global Industrial Filtration Market Report 2022
The major players in the industrial filtration market are Danaher, Parker Hannifin, Eaton, Donaldson, Mann+Hummel, 3M, Camfil, Cummins, Lenntech, WL Gore, Pall Corporation, Filtration Group, Ahlstrom-Munjsko, EFC Filtration, Fleetlife, Sulfurnet , Mott Corporation, Universal Filtration, Lydall Inc, Graver Technologies and Boll and Kirch Filterbau GmbH.
New York, Sept. 12, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the “Industrial Filtration Global Market Report 2022″ – https://www.reportlinker.com/p06319269/?utm_source=GNW
The global industrial filtration market is expected to grow from $28.09 billion in 2021 to $29.73 billion in 2022 at a compound annual growth rate (CAGR) of 5.85%. The industrial filtration market is expected to reach $37.36 billion in 2026 at a compound annual growth rate (CAGR) of 5.88%.
The industrial filtration market includes sales of industrial filtration by entities (organizations, individual companies, and partnerships) that refer to systems used to separate particles and substances from liquids and gases to extend the life of manufacturing equipment and protecting the working environment. and the sale of pleated air filter elements, laminates, finished air filter bags, cages and accessories, and pulse air cleaning products, including process-related services industrial filtration.
Additionally, it helps to remove contaminants from the air and gas during operations, thereby ensuring the purity of process outputs in the manufacturing plant or nearby area.
The main types of industrial filtration are liquid, air. Liquid industrial filtration refers to filtration systems used for the process of filtering components in a liquid state.
It filters liquid streams with a high concentration of solids in a continuous process. Filtration of liquids is a fundamental unit operation commonly practiced in the chemical, petroleum and related industries.
These are various filters such as activated carbon/charcoal, fiberglass, filter paper, metal, non-woven fabric. The main industrial filtration products are bag filter, filter press, cartridge filter, depth filter, drum filter, electrostatic precipitator, ULPA, HEPA.
These are used by the food and beverage, chemical and petrochemical, power generation, oil and gas, pharmaceutical, metals and mining, and automotive industries. .
North America was the largest region in the industrial filtration market in 2021. Regions covered in the industrial filtration market report are Asia-Pacific, Western Europe, Eastern Europe East, North America, South America, the Middle East and Africa.
The Industrial Filtration Market research report is one of a series of new reports that provide statistics on the Industrial Filtration market, including the global Industrial Filtration industry market size, shares regional, competitors holding Industrial Filtration market share, detailed Industrial Filtration market segments, market trends and opportunities. , and all the additional data you may need to thrive in the industrial filtration industry. This Industrial Filtration Market research report provides a comprehensive perspective of everything you need, with an in-depth analysis of current and future industry scenarios.
The need for a safe working environment in industrial facilities is expected to propel the industrial filtration market. Industries are full of polluting substances such as coarse liquid dust pollutants, acetylene, benzene, methane, ethane, propane and hydrogen which could degrade the health of employees.
For this reason, a safe working environment becomes a necessity to ensure the safety and health of employees and improve their productivity. Government occupational health and safety mandates and regulations are also the reasons for making a safe work environment a necessity.
This need for a safe working environment will create a large demand for industrial filtration as it can enable a safe working environment by removing contaminating particles from the air and other gases in industrial facilities. For example, according to an Occupational Safety and Health (OSH) report published in April 2019 by the International Labor Organization (ILO), more than 374 million people are injured or fall ill each year due to accidents. related to work, resulting in lost working days for occupational safety and health reasons accounting for almost 4% of global GDP and in some countries around 6%.
This indicates that a safe working environment in industrial conveniences has become a necessity, hence, it will drive the growth of the industrial filtration market.
Technological innovation is a key trend that is gaining popularity in the industrial filtration market. The market is witnessing the implementation of advanced filtration technologies such as spray booth filters, custom designed porous polymer solutions, nanofiber technology and others to improve service life and efficiency, reduce costs and minimize the environmental impact of industrial waste.
Major companies operating in the industrial filtration market are focusing on providing technologically advanced filtration systems to strengthen their position in the market. For example, in February 2020, Parker Hannifin Corporation, an American motion and control technology company, introduced ProTura SB Nano Pleated Filters, a dust removal filter used in various demanding applications.
It is a 100% synthetic base media with advanced nanofiber technology to provide superior, quality filtration. The system also offers improved life, efficiency and savings.
In October 2021, Filtration Group, an American company offering filtration solutions, acquired Columbus Industries for an undisclosed amount. With this acquisition, Filtration Group has added another portfolio to its business as well as the integrated manufacturing capabilities of Columbus Industries, while expanding its market presence. .
Columbus Industries is an American manufacturer of air filtration products for residential, commercial and industrial applications.
The countries covered in the Industrial Filtration market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the United Kingdom and the United States.
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