Global Liquid Filtration Market Size, Trends, and Analysis - Forecasts To 2026 By Fabric Material (Polymer, Cotton, and Metal), By Filter Media (Woven (Multifilament and Monofilament), Nonwoven (Needle Felt and Melt Blown and Others (Wet-Laid and Spun Bond)), and Mesh), By End User (Municipal Treatment, and Industrial Treatment (Food & Beverage, Metal & Mining, Chemical, Pharmaceutical and Others (Power Generation, Pulp & Paper, and Textile))), By Region (North America, Asia Pacific, Central &South America, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis & Competitor Analysis
Liquid filtration is the process of removal of particles of solid or sometimes gas materials to achieve the filtered, clean, pure liquid substance. In liquid filtration systems, the surface filter medium contains uniform small pores. The medium is expected to be strong and chemically non-reactant to achieve the expected result. Drivers like the rising industrialization and urbanization, development of manufacturing industries like processed and packaged food and beverages, large numbers of implementation and government regulations regarding waste management of industries and municipalities according to the environmental security, the rising need for filtration of municipal water, industrial water are boosting the market demand globally.
Based on the fabric material used for filtration the liquid filtration market can be segmented into three components, polymer, cotton, and metal. Out of these, the polymer segment is accounted for the biggest market share mainly due to its excellent physical properties. It is of high tenacity, it absorbs less water than cotton, it resists several chemicals unlike metal, and it can also endure high temperature. It is also expected to be the fastest-growing segment in this market during the forecast period.
The market can be divided into three main segments according to what filter media is getting used for filtration, woven, non-woven, and mesh. Among these, the woven filter media is estimated to witness the fastest growth during the forecast period of 2021 to 2026. Due to its cost-effectiveness and technological advancements, it is also expected to have the largest market share. The woven segment is further divided into two categories monofilament fabric and multifilament fabric. Between these two, monofilament fabrics are the most demanded ones. The woven segment is expected to be the most significant, mainly because of the growing demand for monofilament fabric filters. Monofilament fabrics have different benefits, like elevated flow rate, fewer openings, a longer lifespan, and also it is the best material to eliminate solid residuals.
According to the end-user type, the market is divided into two main segments - municipal treatments, and industrial treatments. During the forecast period, it is expected that the industrial segment will witness the fastest growth rate and also will acquire the largest market share. It is sub-segmented into food and beverage, metal and mining, chemical, pharmaceutical, and others like power generation, pulp & paper, and textile. With the changing consumer preference and rising population, the demand for packaged, convenient food, processed beverages; the food, and beverage market is expected to grow at the largest rate. Also, the growing demand for disinfection, purification, and filtration is driving the growth of filtration for industrial treatments.
Geographically, the liquid filtration market of the North America region is expected to hold the largest share during the coming years. Advancements in the mining business, chemical industries, food and beverage industries are driving the demand solely in this region. Apart from these, the continuous research and development in the process of filtration of water and other liquid is moreover contributing to the market demand. However, the Asia-Pacific region is estimated to project the fastest growth rate mainly due to the factors like the rising population, the increase in industrialization, and the growing numbers of implementation and regulations for environmental security. Apart from these, in this region especially in China, India, and Indonesia, the demand from the expanding chemical, mining, and pharmaceutical sectors is boosting the market demand.
Ahlstrom-Munksjo, Lydall, Inc., Valmet, Donaldson Filtration Solutions, Norafin Industries, Freudenberg Filtration Technologies, Sefar AG, GKD, Kimberly-Clark Corporation Clear Edge, Hollingsworth & Vose, Sandler AG, Johns Manville, 3M, Eagle Nonwovens Inc., Autotech Nonwovens, American Fabric Filter, Fibertex Nonwovens, Berry Global, Inc., G. Bopp + Co. AG, Kavon Filter Products Co., MANN+HUMMEL, Schweitzer-Mauduit International, Inc., and Yingkaimo Metal Net Co. are some of the major suppliers competing in this market.
Please note: This is not an exhaustive list of companies profiled in the report.
In June 2018, to expand its production capacity in Italy and capture the filtration market of Italy the company Ahlstrom-Munksjo had invested 32 million US dollars in its plant in Turin for improving the performance of its filtration systems and for expanding its manufacturing capacity.
In November 2018, to introduce advanced technology and capture an ample size of the market demand, FTC Houston launched a gas-liquid coalescer which is highly efficient for the protection of downstream disruption caused by any particle contaminants or residual liquid or gas in the process of filtration.
We value your investment and offer free customization with every report to fulfil your exact research needs.
The Global Liquid Filtration Market has been studied from the year 2019 till 2026. However, the CAGR provided in the report is from the year 2021 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Liquid Filtration Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.
Tailor made solutions just for you
80% of our clients seek made-to-order reports. How do you want us to tailor yours?
OUR CLIENTS