Filtration and Separation Market Expected to Reach $152.05 Billion by 2031
WILMINGTON, DELAWARE, UNITED STATES, April 23, 2024 /EINPresswire.com/ — According to the report, the global filtration and separation industry generated $93.2 billion in 2020, and is anticipated to generate $141.2 billion by 2030, witnessing a CAGR of 4.1% from 2021 to 2030.
๐๐ซ๐ข๐ฆ๐ ๐๐๐ญ๐๐ซ๐ฆ๐ข๐ง๐๐ง๐ญ๐ฌ ๐จ๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก:
High focus on curbing water and air pollution is expected to boost the demand for filters, which in turn drives the filtration & separation market growth. However, higher purchasing and running cost of the filtration system is restraining the market growth. Nevertheless, the growing adoption of nanotechnology is expected to offer lucrative opportunities for the market.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ (๐๐๐ ๐๐๐ ๐๐ฌ ๐ฐ๐ข๐ญ๐ก ๐๐จ๐ซ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ): ๐ก๐ญ๐ญ๐ฉ๐ฌ://๐ฐ๐ฐ๐ฐ.๐๐ฅ๐ฅ๐ข๐๐๐ฆ๐๐ซ๐ค๐๐ญ๐ซ๐๐ฌ๐๐๐ซ๐๐ก.๐๐จ๐ฆ/๐ซ๐๐ช๐ฎ๐๐ฌ๐ญ-๐ฌ๐๐ฆ๐ฉ๐ฅ๐/๐๐๐๐
๐๐ก๐ ๐ ๐๐ฌ & ๐ฅ๐ข๐ช๐ฎ๐ข๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ข๐ญ๐ฌ ๐ฅ๐๐๐๐๐ซ๐ฌ๐ก๐ข๐ฉ ๐ฌ๐ญ๐๐ญ๐ฎ๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐ –
Based on type, the gas & liquid segment held the highest market share in 2020, accounting for 94% of the global filtration and separation market, and is estimated to maintain its leadership status throughout the forecast period, owing to large scale application of filtration & separation of liquids and gases in industrial and municipal sector. Moreover, the air segment is projected to manifest the highest CAGR of 4.5% from 2021 to 2030, owing to increase in awareness about health for breathing pure air.
๐๐ก๐ ๐ฐ๐๐ญ๐๐ซ & ๐ฐ๐๐ฌ๐ญ๐๐ฐ๐๐ญ๐๐ซ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ข๐ญ๐ฌ ๐ฅ๐๐๐ ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐ –
Based on end user, the water & wastewater segment accounted for the largest share in 2020, contributing to more than one-third of the global filtration and separation market, and is projected to maintain its lead position during the forecast period. This is owing to use of filtration & separation of industrial and sewage application. However, the life sciences segment is expected to portray the largest CAGR of 5.0% from 2021 to 2030, owing to rapid rise in healthcare facilities and awareness for living a healthy life style.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง @ ๐ก๐ญ๐ญ๐ฉ๐ฌ://๐ฐ๐ฐ๐ฐ.๐๐ฅ๐ฅ๐ข๐๐๐ฆ๐๐ซ๐ค๐๐ญ๐ซ๐๐ฌ๐๐๐ซ๐๐ก.๐๐จ๐ฆ/๐ซ๐๐ช๐ฎ๐๐ฌ๐ญ-๐๐จ๐ซ-๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง/๐๐๐๐
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ข๐ญ๐ฌ ๐๐จ๐ฆ๐ข๐ง๐๐ง๐๐ ๐๐ฒ ๐๐๐๐
Based on region, North America held the highest market share in terms of revenue 2020, accounting for more than two-fifths of the global filtration and separation market, owing to large scale application of filtration & separation plants in the region for municipal, industrial and life science end users. Moreover, the Asia-Pacific region is expected to witness the fastest CAGR of 5.0% during the forecast period, owing to rapid development of countries such as China and India.
๐๐๐๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ –
Porvair Plc
Ahlstrom-Munksjรถ
Alfa Laval
Danaher (Pall Corporation)
Donaldson Company, Inc.
Eaton Corporation
Freudenberg Filtration Technologies SE & Co. KG
Lydall, Inc.
MANN+HUMMEL
PARKER HANNIFIN CORP
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ข๐ง ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐๐ญ๐? ๐๐ข๐ฌ๐ข๐ญ: ๐ก๐ญ๐ญ๐ฉ๐ฌ://๐ฐ๐ฐ๐ฐ.๐๐ฅ๐ฅ๐ข๐๐๐ฆ๐๐ซ๐ค๐๐ญ๐ซ๐๐ฌ๐๐๐ซ๐๐ก.๐๐จ๐ฆ/๐ฉ๐ฎ๐ซ๐๐ก๐๐ฌ๐-๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ/๐๐๐๐
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
Water And Wastewater Valve Market – https://www.alliedmarketresearch.com/water-and-wastewater-valve-market-A31338
Waste Management Market – https://www.alliedmarketresearch.com/waste-management-market
David Correa
Allied Market Research
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