The report "Portable Filtration Systems Market by End-User (Power Generation, Manufacturing, Oil & Gas), Flow Rate (0–10, >10–20, >20–60, >60–100, and Above 100 GPM), Technology (Pressure, Centrifugal, and Vacuum Filtration), and Region - Global Forecast to 2022", The portable filtration systems market is expected to grow from an estimated USD 512.6 Million in 2017 to USD 621.4 Million by 2022, registering a CAGR of 3.93%, from 2017 to 2022. Stringent government regulations, growth in power generation, and rising manufacturing activities are driving the portable filtration systems market globally.
Power generation industry to hold the largest share in the portable filtration systems market from 2017 to 2022.
The power generation end-user segment accounted for a major share in the portable filtration systems market. The rise in power generation capacity, especially in the Asia Pacific region is driving the demand for the global portable filtration systems market. According to EDF Energy, about 75% of electricity in China is alone generated by coal-fired power plants and the trend is further expected to continue in the future as well.
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Scope of the Report
By Technology:
o Pressure Filtration
o Centrifugal Filtration
o Vacuum Filtration
By Flow Rate (US GPM):
o 0–10
o >10–20
o >20–60
o >60–100
o Above 100
By End-User:
o Power Generation
o Manufacturing
o Oil & Gas
o Paper and Pulp
o Petrochemicals
o Others
By Region:
o Asia Pacific
o North America
o Europe
o Middle East & Africa
o South America
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The pressure filtration segment is expected to hold the largest share of the portable filtration systems market during the forecast period
The pressure filtration segment led the portable filtration systems market in 2016, and is projected to dominate the market during the forecast period. It is also expected to grow at the fastest rate during the forecast period. The low initial cost and operating cost as compared to centrifugal and vacuum filtration systems is contributing to its growth and a large market share.
Target Audience:
• Industry associations
• Manufacturers in end-use industries
• Manufacturing technology providers
• Portable filtration system manufacturers
• Portable filtration system providers
• Raw material suppliers
• Government agencies
• Investors and financial community professionals
• Market research and consulting firms
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Asia Pacific: The leading market for portable filtration systems
In this report, the portable filtration systems market has been analyzed with respect to five regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and South America. The portable filtration systems market is expanding in developing countries owing to the growth in power generation capacity and rapid industrialization in those countries. The market in Asia Pacific is expected to dominate the global portable filtration systems market, with the highest share. The region is expected to maintain its dominance in the portable filtration systems market during the forecast period.
To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the top players in the portable filtration systems market. These players include Parker-Hannifin (US), Pall (US), Bosch Rexroth (Germany), Eaton (Ireland), and Donaldson Company (US). The leading players are trying to understand the markets in developing economies and are adopting various strategies to increase their market share.
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