Global Industrial Filtration Market Overview:
The procedure of removing solid particles from liquids & gases is an industrial filtration and it works for a wide range of applications, filtration is a vital step in many industrial processes. In various industries, filtration can help protect the complex and expensive machinery thatís used. When particles arenít appropriately filtered out, they can cause harm to the equipment, which can eventually lead to entire system failures. The industrial filtration is extremely important to keep things like water, chemicals, and pharmaceuticals clean, pure and free of contaminants. It can help avert cross-contamination, health hazards, workplace safety issues, and environmental issues and helps many industrial operations flow smoothly and more efficiently. Some of the key players profiled in the study are Eaton Corporation Plc (Ireland), Industrial Filtration, Inc. (United States), Pentair Plc (United States), Clarcor Inc. (United States), Mann+Hummel Group (Germany), Filtration Group Company (United States), 3M Company (United States), Cummins Filtration (United States), Freudenberg Filtration Technologies (Germany) and Fil-Trek Corporation (Canada).
On the basis of geography, the market of Industrial Filtration has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. Liquid Filtration [Pressure Filtration, Centrifugal Filtration, Gravity Filtration, Vacuum Filtration, Others] will boost the Industrial Filtration market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Metals & Mining will boost the Industrial Filtration market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Filter Media, the sub-segment i.e. Metal will boost the Industrial Filtration market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Demand from Power Generation Industry
- Rapid Industrialization and Urbanization in Emerging Countries
- Recent Technological Advances of Industrial Filtration
- Availability of Low-Cost Filtration Products
- Stringent Regulations Relating To Emission and Treatment of Industrial Waste
- High Growth in Renewable Energy Sources
Major Market Developments:
On Sept 18, 2019 - Donaldson Company, Inc. (NYSE: DCI), a leading worldwide manufacturer of filtration systems, today introduced iCue connected filtration service. Enabled by the industrial Internet of Things (IoT), the subscription service monitors industrial dust collectors and sends real-time data and maintenance alerts directly to facility management teams.
The Clean Water Act (CWA) is the primary law regulating pollution of the nationís waterways. Originally enacted in 1948, it was amended in 1972 to add programs for water quality improvements that remain in place today. The objective of the Act is the restoration and maintenance of the chemical, physical and biological integrity of the countryís water.
Industrial Filtration Service Providers, Filtration Equipment Providers, Suppliers of Filtration Equipment, Food Industry, Chemical Industry, Governmental Bodies and Research Firms
Major Objectives Focused through this Study
To define, describe, and forecast the Global Industrial Filtration market on the basis of product [Liquid, Air and Others] , application , key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Industrial Filtration market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Industrial Filtration industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Alfa Laval AB (Sweden), Parker Hannifin Corporation (United States), W. L. Gore & Associates, Inc. (United States) and Donaldson Company, Inc. (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Industrial Filtration market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.