The global liquid filtration market is projected to grow due to increasing industrialization and urbanization across the globe. According to the UN, around 54% of the population lives in the urban area in 2014, which was estimated to be around 3.86 billion. It is expected to reach 66% by 2050 which will be more than 6 billion people. As per the World Urbanization Prospects by the UN, the largest urban growth will take place in India, China, and Nigeria.
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Industrialization and urbanization will create significant demand for the liquid filtration systems. According to the UN, in 2016, an estimated 54.5% of the global population have settled in urban areas with improved standards of living. Moreover, the urban areas are projected to house 60% of the population across the globe by 2030, wherein, around one in every three people are expected to live in cities having at least half a million inhabitants.
Growing demand clean water supply will support the growth of the liquid filtration market
The demand for clean water supplies and adequate sanitation is increasing by the day, which will provide substantial opportunity to the liquid filtration market. The accessibility to enhanced water resources is increasing rapidly across the globe. Number of individuals with access to an improved water resource has increased significantly across the globe in the past two decades. Clean water is an essential element for human health, wellbeing and prosperity. Be it used for cleaning, drinking, industrial output or food production; satisfactory water resources are a fundamental human need. Safe sanitation services are imperative as well for human health, disease prevention, and hygiene.
According to Our World in Data, in 2015, 666 million individuals did not have access to improved drinking water source, which is halved from 1.26 billion in 1990 despite the strong population growth. According to World Bank, in East Asia and Pacific, the percentage of individuals without access to water declined to 20% as opposed to 40% in 2000. In fact, the absolute number of individuals without access to water has fallen all across the globe over this 15-year period. This number is expected to decrease even more in the future years due to the increasing implementation of liquid filtration. Moreover, strict regulation for the emission and treatment of municipal and industrial waste also propels the market growth.
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Global Liquid filtration Market Segmentation
• Municipal Treatment
• Industrial Treatment
Global Liquid filtration Market – Segment by Region
• United States
• United Kingdom
• Rest of Europe
• Rest of Asia-Pacific
Rest of the World
• American Fabric Filter Co.
• Autotech Nonwovens Pvt Ltd.
• Berry Global Inc.
• 3M Co.
• Clear Edge
• Donaldson Company, Inc.
• Fibertex Nonwovens A/S
• Freudenberg Filtration Technologies SE & Co. KG
• GKD Gebr. Kufferath AG
• Hollingsworth & Vose Co.
• Johns Manville. A Berkshire Hathaway Company
• Kimberly-Clark Worldwide, Inc.
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