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Liquid Filtration Market - By Fabric Material (Polymer, Cotton & Aramid), By Media (Woven And Non-woven), By End-User (municipal, Industrial, And Food & Beverages), By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Global Industry Analysis on Size, Share, Growth, Trends, Investment & Forecast Report | (2023-2028)

Published: March, 2023
ID: 8136
Pages: 175
Formats: report pdf report excel report power bi report ppt

Liquid Filtration Market Size (2023-2028)

The liquid filtration market is predicted to rise from $ 4.8 billion in 2022 to $ 6.50 billion in 2028, at a compound annual rate of 8.4% throughout the foreseen period.

Liquid filtration is the procedure of getting solids from solvents bypassing the defaced liquid through a filter channel that will hold the solids and let only clean liquid pass through it. In the liquid filtration process, the surface filter channel employed to get rid of a volume of solids from the liquid must have smaller uniform pores than the tiniest particle to filter. The surface filter media must also be sufficiently solid and have a sufficient surface area to store or contain the required volume of solids. Increased industrial development should increase urbanization worldwide in the coming years. This increase in industrial development is fueling the demand for industrial filters, due to the sharp increase in liquid contamination.

This high growth is mainly due to the strict regulations that govern the treatment of industrial and municipal waste. The escalating industrialization and urbanization of the APAC region are also boosting the industry. The call for liquid filtration comes majorly from municipal water treatment, industrial water treatment, and industrial procedures.

Drivers & Restraints in the Liquid Filtration Market:

The surge in demand for liquid filtration in several verticals like food and beverages, mining, etc., and the reuse of wastewater discharged by the industry are the crucial factors that are supposed to stimulate the growth of the global liquid filtration market in the coming years. Also, the increasing demand for polymer-based liquid filtration due to its excellent physical properties is another factor believed to stimulate the growth of the liquid filtration market to some extent. The increasing demand for cotton and aramid liquid filtration due to its durability, heat resistance, and high conductivity are factors that should stimulate revenue growth in the target market in the coming years. In addition, rapid urbanization, combined with the growing demand for safe and clean drinking water worldwide due to soil and surface water contamination are other factors that are expected to support revenue growth in the potential market.

However, the growing demand for renewable sources and strict regulations related to environmental concerns are factors that can hinder the demand for liquid filtration and slow expansion in the target market. The growth of manufacturing industries in developing countries, associated with the development of innovative and profitable products, are factors that are expected to create new income opportunities for players operating in the target market. The quality of the water generated during the process is adequate for environmental use. In contrast, the growing demand for renewable energy sources will hamper the market growth. The increase in industrialization and urbanization, as well as the rigorous protocols applicable to the rejection and management of industrial and municipal waste, are the main factors in the growth of the world market. The growing demand for ready-to-eat, processed and semi-processed foods and ready meals means many growth opportunities for the food and beverage industry, which is strengthening the global liquid filtration market.

LIQUID FILTRATION MARKET REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2022-2028

Base Year

2022

Forecast Period

2023-2028

CAGR

8.4%

Segments Covered

  • By Fabric Material
  • By Filter Media
  • By End-Use 

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

  • North America
  • Europe
  • Asia Pacific 
  • Latin America
  • Middle East & Africa

Market Leaders Profiled

Ahlstrom-Munksjo (Finland), Lydall, Inc. (US), Valmet (Finland), Kimberly-Clark Corporation (US), Freudenberg Filtration Technologies (Germany), Clear Edge (US), Fibertex Nonwovens (Denmark), Hollingsworth & Vose (US), Johns Manville (US), Sefar AG (Switzerland), 3M (US), American Fabric Filter (US), Autotech Nonwovens (India), Berry Global, Inc. (US), Donaldson Filtration Solutions (US), Eagle Nonwovens Inc. (US), G. Bopp + Co. AG (Switzerland), GKD (Germany)

 

Liquid Filtration Market

This report includes the segmentation of the Liquid Filtration Market as per the latest survey until 208.

Liquid Filtration Market - By Fabric Material

  • PolymerCotton

  • Metal

The polymer fabric material is the biggest kind of liquid filtration, due to its great features. The properties of polymer involve high tenacity, less water absorption, excellent thermal repellence, and excellent resistance to several chemicals.

Liquid Filtration Market - By Filter Media

  • Woven

  • Nonwoven

  • Mesh

On the basis of filter media type, the nonwoven filter media is predicted to be the biggest, and also the quickest-rising filter media throughout the foreseen period.

Liquid Filtration Market - By End-use 

  • Municipal treatment

  • Industrial treatment

Due to the increasing call for ready-to-eat food, convenience food, and processed & semi-processed foods, the food & beverage business is rising across the globe. Food & beverage is predicted to be the quickest-rising end-user sector of the liquid filtration industry during the foreseen period.

Liquid Filtration Market - By Region

  • North America Liquid Filtration Industry includes the U.S. and Canada.

  • Europe Liquid Filtration Industry includes the UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic & Rest of Europe.

  • Asia Pacific Liquid Filtration Industry includes India, China, Japan, South Korea, Australia & New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC.

  • Latin America Liquid Filtration Industry includes Brazil, Mexico, Argentina, Chile & Rest of LATAM.

  • The Middle East & Africa Liquid Filtration Industry includes KSA, UAE, Israel, the rest of the GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA.

APAC region is the biggest and quickest-rising liquid filtration industry owing to escalating funds in the industrial segment and fast population expansion in the region. The rise in the hashing power of consumers has fuelled the growth of various industries in this area. These factors are expected to increase the nd for liquid filtration during the outlook period. The Asia-Pacific market is expected 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. The liquid filtration market in North America should represent a considerable share in the coming years, followed by the European market. Fast industrialization and strict environmental rules in advanced and growing nations are predicted to drive revenue expansion in the liquid filtration industry in the future. Asia-Pacific is predicted to lead the worldwide liquid filtration industry throughout the calculated period. Population expansion, rising industrialization, and stringent environmental rules in Asia-Pacific are the major factors driving the liquid filtration industry in the vicinity.

Impact of COVID-19 on the Liquid Filtration Market

The pandemic of COVID-19 has already had a significant effect on the waste segment. Initially, as the pandemic progressed and blockades were imposed in many countries, public authorities and municipal waste operators had to quickly adapt their waste management systems and procedures to the situation. It was at this time that ACR +, responding to the requests of its members, began to collect data on the different systems and solutions implemented with the aim of collecting and exchanging practices. As foreclosure or other restrictive measures are gradually lifted, a second phase begins and new challenges appear. Public authorities and municipal waste management operators do not have to act in an emergency, but now they must deal with the impacts of the various measures of the so-called first phase and the need to reevaluate the situation. An adjustment is very important, this time to find a stabilized operation. The pandemic is also going along the value chain to reach the st players like pickers of waste.

Recent Developments

  • After merging with a Sweden-based filtration technology company NovaTek, Flowrox has now introduced Flowrox Filter Press and Flowrox Ceramic Disc Filter. These goods mainly boost the Flowrox product variety in solid/liquid separation.

  • 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.

Key Players:

The key players in the liquid filtration industry include Ahlstrom-Munksjo (Finland), Lydall, Inc. (US), Valmet (Finland), Kimberly-Clark Corporation (US), Freudenberg Filtration Technologies (Germany), Clear Edge (US), Fibertex Nonwovens (Denmark), Hollingsworth & Vose (US), Johns Manville (US), Sefar AG (Switzerland), 3M (US), American Fabric Filter (US), Autotech Nonwovens (India), Berry Global, Inc. (US), Donaldson Filtration Solutions (US), Eagle Nonwovens Inc. (US), G. Bopp + Co. AG (Switzerland), GKD (Germany), Kavon Filter Products Co. (US), MANN+HUMMEL (Germany), Norafin Industries (Germany), Sandler AG (Germany), Schweitzer-Mauduit International, Inc. (US), TWE Group (Germany), and Yingkaimo Metal Net Co. (China).

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