According to the new market research 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”, published by MarketsandMarkets™, the global portable filtration systems market is projected to grow at a CAGR of 3.93%, from 2017 to 2022. The market in Asia Pacific is estimated to be the largest for portable filtration systems, followed by the market in North America in 2017. This trend is expected to continue till 2022. The growth of the portable filtration systems market is driven by the growth in power generation and manufacturing industries together with stringent environmental regulations around the world.

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The portable filtration systems market is dominated by a few global players. The key players operating in this market include Parker-Hannifin (US), Pall (US), Bosch Rexroth (Germany), Eaton (Ireland), and Donaldson Company (US).

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Major strategies adopted by the players include new product launches, mergers & acquisitions, and investments and expansions. New product launches was the most commonly adopted strategy from 2014 to September 2017. Industry players also adopted mergers & acquisitions and investments and expansions, which were the first and second most widely followed strategies, respectively, after new product launches during the same period.

Parker-Hannifin was founded in 1918 and is headquartered at the US. The company is among the leading manufacturers of industrial filtration equipment. The key industries targeted by the company for filtration services are aerospace, food & beverage, industrial machinery, life sciences, marine, oil & gas, power generation, renewable energy, transportation, and water purification. Parker Hannifin operates in more than 50 countries through a wide network of distributors and dealers. The company lines the root of its business through two major business segments, namely, diversified industrial and aerospace systems. Through its diversified industrial segment, the company provides portable filter systems, filtration media, filter carts, and oil conditioning units. In February 2017, Parker-Hannifin acquired CLARCOR, a leading manufacturer of filtration products, for approximately USD 4.3 billion in cash. The acquisition of CLARCOR was a part of Parker-Hannifin’s strategy to provide the company access to new markets, regional expansion, and aftermarket exposure along with technology and product expansion. In addition, the company also adopted organic growth strategy and launched new portable purifiers for the power generation industry in July 2016.

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Eaton was founded in 1911 and is headquartered in Ireland. Eaton is a diversified power management company that offers solutions to manage electrical, hydraulic, and mechanical power. The company caters vast clientele from different industrial verticals such as oil & gas, power generation, marine, pharmaceutical, and fine chemicals. The company generates revenue through five major business segments, namely, electrical products, vehicle, aerospace, hydraulics and, electrical systems and services. The company offers filtration products and related services under the hydraulic business segment. The filtration section that comes under the hydraulic segment, offer wide spectrum of products such as gas liquid separation, portable filtration, hydraulic and lubrication oil filters, filtration media, and filter aids. Eaton operates globally in approximately 60 countries and caters its massive clientele present in more than 175 countries located in major regions such as Asia Pacific, Americas, Europe, and the Middle East. The company has been following the organic strategy by introducing new products in its portfolio. In June 2016, the company launched its line of spin on filters that features high dirt holding capacity and ensures protection of various mechanical equipment such as pumps, valves, compressors, and hydraulic systems from contamination. This new spin on filter product line serves trouble free operations in the oil & gas, power generation, construction forestry, and mining and material handing sectors. Further in April 2016, Eaton also launched high flow rate application-based filter range called duplex lubrication filters (DWF) series.



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