Liquid Filtration Market, By Product, Application, Geography and Forecast From 2014-2025

Posted October 24, 2019 by prachitisharma98

The Liquid Filtration Market was valued at USD 1.82 billion by 2017, growing with 6.7% CAGR during the forecast period, 2018-2025.

Bharat Book Bureau Provides the Trending Market Research Report on “Liquid Filtration Market, By Product (Nonwoven Polyester Felt, Multifilament Polypropylene Fabrics, Monofilament Mesh, Nonwoven Polypropylene Felt and Monofilament Polypropylene Fabrics), By Application and Geography (North America, Europe, Asia Pacific, and RoW) - Analysis, Share, Trends, Size, & Forecast From 2014-2025 ”under Chemical and Materials Category. The report offers a collection ofsuperior market research, market analysis, competitive intelligence and Market reports.

The Liquid Filtration Market was valued at USD 1.82 billion by 2017, growing with 6.7% CAGR during the forecast period, 2018-2025.

Market Dynamics
Separation of solids from liquid by passing the contaminated liquid through a filter is called liquid filtration. Contamination of soil and water is paving the growth of global filtration market. Besides, there is a high filtration demand in several sectors. It includes food processing, pharmaceuticals, and chemicals. Hence, a boost in the demand for liquid filtration technology is a projected during the foreseen period.
The global liquid filtration industry will also grow due to the advancement in technologies. The growth will facilitated through the increase of industrialization throughout the world. For example, Viledon water solutions combined with Aqua Biotechnology. It uses membrane bioreactors to separate the biomass generated in the biological process. The water quality generated in the process is fit for environmental use.demand of renewable energy sources is the main restraint of the market.

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Product Takeaway
Multifilament polypropylene fabrics dominated the global market. Thanks to its unique filtration properties and high resistance to organic acids. Hence, there will be a boost in the market during the forecast period. You can use it to produce resistant fiber for concrete, filter cloth, and tissue belt.
There will be a large growth in the nonwoven polyester and monofilament polypropylene fabrics. Price variation and quality are the main reasons for it. Making it more convenient than polypropylene felt and multifilament polypropylene fabric. The monofilament mesh (aperture of > 250 microns) has two variants. They are available in polyester and nylon. Due to its low price and high availability, it will grow at a strong CAGR of over 4.0% during the study period.

Application Takeaway
Waste water treatment has a significant market share. Followed by sludge dewatering due to strict government regulations. For instance, waste water discharges from the pharmaceutical industries, food, and chemical mining. The pharmaceutical industry has a high demand for the pure quality final product, and filter media. This, will, in turn, drive the market growth. Food processing will witness above-average growth during the projected period. Increase in population, better living standards, and surging demand for food products will boost demand for liquid filtration technology in the food processing industries.

Regional Takeaway
The Asia Pacific had the largest participation. It will dominate the global market owing to the increasing industrialization in India, China, and Japan. Regulation related to carbon emissions and pollution will also boost this technology demand. Growing demand for filters in the automotive sector will also boost the regional growth.
North America and Europe have strict regulations and procedures for the treatment of waste water. Therefore, it will feed the market during the forecast period. The United States Environmental Protection Agency (US EPA) and the European Environment Agency (EEA) implemented strict regulations related to drinking water, supporting this industry growth.

Key Vendor Takeaway
The global liquid filtration market is competitive. Presence of several domestic and international companies makes the market vibrant. Indigenous companies provide filter media at a reasonable price. Companies are engaged in developing new and innovative products to attract large customers. For instance, Lydall has developed a LyPore filter, which is having a small diameter and a microfiber glass media. It has better capacity of holding effluents than synthetic filters and cellulose.

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Last Updated October 24, 2019