The global Liquid filtration Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 8.9% during the review period (2022 to 2027)
Liquid filtration is the procedure of removing solids from liquids by passing the contaminated liquid through a filter medium that keeps solids and allows only clean liquid to pass through it. In liquid filtration, the surface filter medium employed to eliminate a volume of solids from the liquids needs to contain uniform pores smaller than the smallest particle that is to be filtered. The surface filter medium should also be strong enough and possess sufficient area to store or hold the essential volume of solids. Increase in industrial development is anticipated to increase urbanization across the globe in the next few years. This rise in industrial development is fueling the demand for industrial filters, due to growth in liquid pollution. Municipal water treatment, industrial water treatment, and industrial processes primarily account for demand for liquid filtration. Advances in technology related to filtration and rapid industrial development around the world are anticipated to accelerate the development of the global liquid filtration market. The demand for liquid filtration emanates mostly from industrial water treatment, municipal water treatment, and industrial processes. Owing to increase in contamination in the ground and surface water, the liquid filtration market is likely to experience a substantial growth. Also, high demand from various end-user industries such as food processing, pharmaceuticals, and chemicals is are expected to fuel the market. Wastewater disposal garners a substantial market share, followed by sludge dewatering Thus, the progress of the global liquid filtration market is majorly driven by implementation of stringent government regulations for wastewater discharges from the chemical, food processing and pharmaceutical industries.
A day before, Kimberly-Clark introduced the latest commercialization project: “Solution Squad”, a special group of experts who work hand-in-hand with its consumers to assist them to make good filters and attain a competitive edge.
In June 2018, Ahlstrom-Munksjo (Finland) invested USD 32 million in its filtration & performance business to increase its manufacturing capacity as well as product capabilities. With this investment, the company is planning to expand its production capacity in the Turin (Italy) plant.
In January 2017, Lydall, Inc. (US) acquired the MGF Gutsche GmbH & Co. KG (Germany). Gutsche is a leader in the production of nonwoven needle punch material for industrial filtration applications. This acquisition strengthened its position as a premier provider of filter media products.
By Type, it is segmented into
By Applications it is segmented into
APAC region is the major and quickest rising liquid filtration industry owing to escalating funds in the industrial segment and fast population expansion in the region. The growth in the hashing power of consumers has fuelled the growth of various industries in this area. These factors are probable to increase the nd for liquid filtration during the outlook period. The Asia-Pacific market is probable to grow at a rapid rate in the coming years due to rapid urbanization, increased disposable income, and increased government initiatives and investment in wastewater processing in developing countries.
North America
The Liquid filtration Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Liquid filtration Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 8.9% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Clear Edge, Sefar, Lenntech, Industri-Textil, Industrial Filter Manufacturing Limited, Khosla Profil |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 99 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Liquid filtration Market is studied from 2017 - 2027.
What is the growth rate of Liquid filtration Market?
The Liquid filtration Market is growing at a CAGR of 8.9% over the next 5 years.
What regions does this Liquid filtration Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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