Industrial Filtration Market Scope and Analysis Report by 2031
Industrial Filtration Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 34.52 Billion |
Market Size by 2031 | US$ 59.54 Billion |
Global CAGR (2023 - 2031) | 7.1% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Industrial Filtration Market News and Recent Developments
The industrial filtration market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the industrial filtration market are listed below:
- Pall Corporation, a renowned global leader in the industrial filtration market, separation, and purification technology, is set to showcase its next-generation filtration and purification technology at SEMICON West. This strategic move aligns with the increasing demand for advanced chips with enhanced performance and energy efficiency, driven by the growing adoption of 5G, AI, and IoT devices. (Source: Pall Corporation, Press Release, July 2023)
- MANN+HUMMEL Group, a global leader in filtration solutions, has recently acquired a majority stake in Suzhou U-Air Environmental Technology. This strategic move is driven by the increasing global demand for cleaner air solutions and aims to strengthen MANN+HUMMEL's presence in the Chinese and Southeast Asian air filtration market. The acquisition of Suzhou U-Air Environmental Technology allows MANN+HUMMEL to expand its product portfolio and meet the region's rising demand for air filtration solutions. (Source: MANN+HUMMEL Group, Press Release, October 2023)
Industrial Filtration Market Report Coverage and Deliverables
The “Industrial Filtration Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Industrial filtration market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Industrial filtration market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Industrial filtration market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the industrial filtration market
- Detailed company profiles