The global filtration and separation market was valued at $98,128.1 million in 2021, and is projected to reach $152,051.8 million by 2031, registering a CAGR of 4.4% from 2022 to 2031. The filtration & separation system refers to the water and air filters used for different end users like water & wastewater and industrial processes. The major advantage that the water and air filtration system provides is elimination of pollutants, particles, controlling water quality and controlling the air quality with the premises for healthy environment.
Growth in awareness considering the water and air pollution over the health is driving the use of air filters. The growing awareness is because of the different programs and campaigns that have been launched by the government such as ClientEart, Save Your Lungs and different other similar campaigns that deal with making the people aware about the ill effects of air pollution. In addition, these campaigns state the measures that could be taken on the individual level in order to limit the amount of pollution like filtering of the wastewater for reusing, which is letting various filtering system manufacturers for pursuing the better product in the market. In addition, the growing need for removing the germs, waterborne particles and fine airborne particles from every corner space is letting various laws and regulations getting introduced over different countries. For instance, Clean Water Act (CWA) and Federal Water Pollution Control Act (FWPCA) deals with introduction of regulations that lets people and different industries to follow guidelines in order to restrict the pollutants and the consequences that they need to face by not following those laws is the fundamental driving force that is fueling the demand for filtration & separation filters in the market.
However, air filter media like the replaceable and disposable filters add extra cost for the users owing to functionality it offers by using different sub systems in order to offer airflow resistance and control the production of CO2. In addition, regulations from different countries in order to limit the manufacturing of coal power plants that generate the pollutants and require air filter membranes for improving the filtration process is limiting the growth of filtration and separation market. On the contrary, the adoption of nanotechnology is increasing, as growing number of industries are making greater use of the system for providing complete purification of water, higher efficiency and energy saving benefits. Hence, nanotechnology is a system that acts as a filtration membrane in order to provide the efficient system benefits, which is leading to growing adoption and hence, offering lucrative opportunities for the filtration and separation market.
The global filtration and separation market is segmented on the basis of type, end user, and region. Based on type, the market is divided into gas & liquid, and air. Based on end user, the market is divided into industrial process, HVAC, life sciences, water & wastewater, and transportation. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
The major players profiled in the filtration and separation market include Ahlstrom-Munksjö, ALFA LAVAL, Danaher (Pall Corporation), Donaldson Company, Inc., Eaton, Freudenberg Filtration Technologies SE & Co. KG, Lydall, Inc., MANN+HUMMEL, PARKER HANNIFIN CORP and Porvair Plc. Major companies in the market have adopted product launch, business expansion, agreement and acquisition as their key developmental strategies to offer better products and services to customers in the filtration and separation market.
Growth in awareness considering the water and air pollution over the health is driving the use of air filters. The growing awareness is because of the different programs and campaigns that have been launched by the government such as ClientEart, Save Your Lungs and different other similar campaigns that deal with making the people aware about the ill effects of air pollution. In addition, these campaigns state the measures that could be taken on the individual level in order to limit the amount of pollution like filtering of the wastewater for reusing, which is letting various filtering system manufacturers for pursuing the better product in the market. In addition, the growing need for removing the germs, waterborne particles and fine airborne particles from every corner space is letting various laws and regulations getting introduced over different countries. For instance, Clean Water Act (CWA) and Federal Water Pollution Control Act (FWPCA) deals with introduction of regulations that lets people and different industries to follow guidelines in order to restrict the pollutants and the consequences that they need to face by not following those laws is the fundamental driving force that is fueling the demand for filtration & separation filters in the market.
However, air filter media like the replaceable and disposable filters add extra cost for the users owing to functionality it offers by using different sub systems in order to offer airflow resistance and control the production of CO2. In addition, regulations from different countries in order to limit the manufacturing of coal power plants that generate the pollutants and require air filter membranes for improving the filtration process is limiting the growth of filtration and separation market. On the contrary, the adoption of nanotechnology is increasing, as growing number of industries are making greater use of the system for providing complete purification of water, higher efficiency and energy saving benefits. Hence, nanotechnology is a system that acts as a filtration membrane in order to provide the efficient system benefits, which is leading to growing adoption and hence, offering lucrative opportunities for the filtration and separation market.
The global filtration and separation market is segmented on the basis of type, end user, and region. Based on type, the market is divided into gas & liquid, and air. Based on end user, the market is divided into industrial process, HVAC, life sciences, water & wastewater, and transportation. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
The major players profiled in the filtration and separation market include Ahlstrom-Munksjö, ALFA LAVAL, Danaher (Pall Corporation), Donaldson Company, Inc., Eaton, Freudenberg Filtration Technologies SE & Co. KG, Lydall, Inc., MANN+HUMMEL, PARKER HANNIFIN CORP and Porvair Plc. Major companies in the market have adopted product launch, business expansion, agreement and acquisition as their key developmental strategies to offer better products and services to customers in the filtration and separation market.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the filtration and separation market analysis from 2021 to 2031 to identify the prevailing filtration and separation market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the filtration and separation market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global filtration and separation market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
- Gas And Liquid
- Air
By End-User
- Industrial Process
- HVAC
- Life Sciences
- Water And Wastewater
- Transportation
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Porvair Plc
- Ahlstrom-Munksjö
- Alfa Laval
- Danaher (Pall Corporation)
- Donaldson Company, Inc.
- Eaton Corporation
- Freudenberg Filtration Technologies SE & Co. KG
- Lydall, Inc.
- MANN+HUMMEL
- PARKER HANNIFIN CORP
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: FILTRATION & SEPARATION MARKET, BY TYPE
CHAPTER 5: FILTRATION & SEPARATION MARKET, BY END-USER
CHAPTER 6: FILTRATION & SEPARATION MARKET, BY REGION
CHAPTER 7: COMPANY LANDSCAPE
CHAPTER 8: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to the report, titled, “Filtration and Separation Market," the filtration and separation market size was valued at $98.13 billion in 2021, and is estimated to reach $152.05 billion by 2031, growing at a CAGR of 4.4% from 2022 to 2031. The filtration & separation system is a type of system that performs the biological, physical and mechanical operation in order to separate the solids from the liquids by causing the solid in the form of particle, dust and allergens to pass off through the pores of the filter. The filter could be of sand, cotton-wool or paper. The filters are used for various applications such as passing hot water in case of brewing coffee, removing dust from the vacuum cleaners as well as filtering dust from the air conditioners and aquariums. Certain methods are used for the filtration & separation that include cold filtration, hot filtration, vacuum and general filtration.The growing focus toward controlling degradation of quality of air is letting various countries to brought different programs focusing on working in controlling the pollution. In addition, various campaigns and regulations such as ClientEarth, Save Your Lungs Campaign, Clean Water Act (CWA) and Federal Water Pollution Control Act (FWPCA), are introduced dealing with making people aware about the ill effects of pollution and regulations to be followed by people and industries in order to control pollution. This drives the filtration and separation market growth.
However, restricting the use of coal-based power plants in different industries that release different pollutants is letting to limit the use of filters for improving the filtration performance. In addition, the higher purchasing and running cost of the filtration system is limiting the use of air filters due of the filters fans, high energy consumption and requiring the system for controlling the generation of CO2 that adds to greater price, which is limiting the growth of the filtration and separation market.
In addition, the outbreak of COVID-19 has led to halt in logistic and manufacturing activities across the globe, which, in turn, has led to interruption of supply chain, thereby hindering growth of the filtration and separation market. However, this situation is expected to improve as government is relaxing norms around the world for resuming business activities.
On the contrary, the growing adoption of the nanotechnology that is used as a performance layer for the air and water filtration applications in different industries is focusing on growing use of air and water filters due to the higher efficiency it offers, complete purification, energy saving benefits and lesser maintenance needed. Hence the growing adoption is expected to offer lucrative opportunities for the filtration and separation market.
The global market is segmented on the basis of type, end user, and region. Based on type, the market is divided into gas & liquid, and air. Based on end user, the market is divided industrial process, HVAC, life sciences, water & wastewater, and transportation. Region wise, the global market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). In 2021, North America was the highest contributor to the global filtration and separation market share, and Asia-Pacific is anticipated to secure a leading position during the forecast period.
The major players profiled in the filtration and separation market include Ahlstrom-Munksjö, ALFA LAVAL, Danaher (Pall Corporation), Donaldson Company, Inc., Eaton, Freudenberg Filtration Technologies SE & Co. KG, Lydall, Inc., MANN+HUMMEL, PARKER HANNIFIN CORP and Porvair Plc.
Key Findings of the Study
- The report provides an extensive analysis of the current and emerging global filtration and separation market trends and dynamics.
- Depending on type, the gas & liquid segment was the largest revenue generator in 2021.
- By end user, the water & wastewater segment generated the highest revenue in 2021.
- Region wise, North America is anticipated to dominate the global filtration & separation market throughout the study period.
- The report provides an extensive global filtration and separation market analysis.
- The global filtration and separation market forecast analysis from 2022 to 2031 is included in the report.
Companies Mentioned
- Porvair plc
- Ahlstrom-Munksjö
- Alfa Laval
- Danaher (Pall Corporation)
- Donaldson Company, Inc.
- Eaton Corporation
- Freudenberg Filtration Technologies Se & Co. Kg
- Lydall, Inc.
- Mann+Hummel
- Parker Hannifin Corp
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 230 |
| Published | July 2022 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 98128.1 million |
| Forecasted Market Value ( USD | $ 152051.8 million |
| Compound Annual Growth Rate | 4.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
