Liquid Filtration Market: Growth Drivers, Regional Trends and Forecasts to 2028


Posted August 11, 2022 by shawmelody

The growth in the industrial sector is propelling the market for industrial filters owing to the rise in liquid pollution which are driving the market for liquid filtration.

 
The growth in the industrial sector is propelling the market for industrial filters owing to the rise in liquid pollution which are driving the market for liquid filtration.

Liquid Filtration Market Size – USD 2,151.9 Million in 2020, Growth - CAGR of 5.50%, Trends –Rapid urbanization.

Reports and Data has recently published a novel research report on global Liquid Filtration market covering current market scenario and market developments between 2020 and 2028. The report offers in-depth analysis of historical and latest market trends along with revenue growth, market size, drivers, restraints, limitations and opportunities. The report is well curated using statistical methods such as SWOT analysis and Porter’s Five Force and presented using tables, graphs, charts, figures and other pictorial representations to help user understand the market dynamics. The data is collected using extensive primary and secondary research which is evaluated by experts and professionals in the industry.

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Further key findings from the report suggest

Polymer held a market share of 33.7% in the year 2018. Concentrated efforts have lowered the capital and operating cost of this type of filtration and anticipated severe water shortages in the near future unless water policies are changed, is expected to propel the market growth.
Nonwoven Fabrics is forecasted to hold a market share of 38.5% in the year 2026. They are suitable for filtration because of their complicated structure and thickness. It provides high filtration property, high permeability, less blinding technology, and there is no yarn slippage as in woven media.
Industrial end-user is forecasted to grow with a CAGR of 5.9% during the forecast period. Industrial liquid filtration is used to remove impurities and other contaminants from industrial oils and water. Filters reduce waste disposal, minimize process downtime, lowers maintenance time and expenses, and improves product quality.
North America is forecasted to hold a market share of 21.7% in the year 2026. Growth in the food and beverages and chemical industries are expected to propel the demand for liquid filtration in the region. The U.S. is expected to be a major contributor to the region’s growth.
Key participants include Eaton Corporation, Sefar AG, Fibertex Nonwoven, Sandler AG, Freudenberg Filtration Technologies, Valmet Corporation, GKD Gebr. Kufferath AG, Ahlstrom-Munksjö, Schweitzer-Mauduit International, and Filtercorp International, among others.
In November 2018, FTC Houston inaugurated a new high efficiency gas-liquid coalescers beneficial for the particle filters to protect downstream disruption owing to particle contaminants and unwanted liquid or gas in filtration.
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Market Segmentation:

Fabric Material Outlook (Volume: Kilo Tons; Revenue: USD Billion; 2018-2028)

Polymer
Cotton
Aramid
Metal
Filter Media Outlook (Volume: Kilo Tons; Revenue: USD Billion; 2018-2028)

Woven Fabrics
Nonwoven Fabrics
Mesh
End-User Outlook (Volume: Kilo Tons; Revenue: USD Billion; 2018-2028)

Municipal
Industrial
Regional Outlook:

North America
S.
Canada
Mexico
Europe
Germany
K.
Italy
France
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
A.E.
South Africa
Rest of MEA
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Key questions covered in the global Liquid Filtration market report:

What is the expected market size of the global Liquid Filtration market during the forecast period?
What factors are expected to hamper global Liquid Filtration market growth over the forecast period?
What key factors are expected to drive global revenue growth between 2021 and 2028?
Which application segment is expected to dominate other application segments over the forecast period?
Which region is expected to dominate in terms of revenue during the forecast period?
What are the key outcomes of Porter’s Five Forces analysis and SWOT analysis?
Which leading players are operating in the global Liquid Filtration market?
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Last Updated August 11, 2022