Industrial filter market
Industrial Filter Market, By Product Type (Liquid Filter Media (Non-woven Fabrics, Mesh, Woven Fabrics) and Air Filter Media (Non-woven Fabrics, Fiberglass, Activated Carbon), By End User (Food and Beverage, Chemical, Power Generation, Metal and Mining, Pharmaceutical, and Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa).
- Apr 2024
- CMI6773
- 135 Pages
- Excel & Pdf
- Advanced Materials
Market Size and Trends
The industrial filter market is estimated to be valued at USD 3.94 Bn in 2024 and is expected to reach USD 6.12 Bn by 2031, growing at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.
Environmental Regulations
The industrial operations across various sectors have been releasing harmful pollutants into the environment on a large scale. This has resulted in severe degradation of ambient air quality as well as contamination of water bodies. In order to tackle the adverse effects of environmental pollution, governments across countries have formulated and implemented stringent environmental regulations over the past few years. These regulations define strict product quality standards and emission limits for air pollutants and hazardous liquid effluents released from manufacturing facilities. Industries are now required to install effective air pollution control equipment as well as waste treatment systems to treat liquid effluents before their final discharge. Various filtration technologies play a vital role in meeting the prescribed quality compliances set out in these regulations. For instance, baghouse filters serve as highly efficient particulate control devices installed at the flue gas exit of utility boilers and thermal power plants. Scrubbers filled with mesh pads have become indispensable for removing gaseous pollutants such as sulfur dioxide from flue gases. Similarly, water treatment plants deploy various filter mediums like activated carbon and sand filters for removing impurities from industrial wastewater.
Market Concentration and Competitive Landscape
Industrial operations involve complex manufacturing processes across various sectors aiming to maximize productivity and minimize the usage of raw materials. This calls for optimal process conditions and quality of input resources. However, contaminants present in water, gases or liquid streams feeding the manufacturing lines often hamper the smooth functioning as well as product quality. Even miniscule quantities of undissolved solids, color bodies, or microbial content can significantly impact process efficiencies. Hence, industries resort to employing robust filtration methods for pre-treatment of input streams. Modern processing techniques also generate voluminous quantities of wastewater containing oils, grease, heavy metals, and residues that need extensive treatment before being used in recycling loops or discharged. Dedicated oil-water separation systems using coalescing filters, sand filters and absorbent cartridges among others ensure pure water reclaim.
Market Challenges: Stringent environmental regulations
The industrial filter market faces several challenges. Stringent environmental regulations have increased compliance costs for manufacturers. Additionally, technological advancements have shortened product life cycles, necessitating more frequent filter changes. Emerging economies often lack robust regulatory frameworks, making emissions monitoring difficult. Rising raw material prices also impact profit margins. The market remains highly fragmented with low barriers to entry, resulting in intense competition among many small players. Maintaining brand loyalty and market share remains a challenge.
Market Opportunities: Growth in end-use industries
Growth industries like oil and gas, power generation, manufacturing, and automobiles will drive demand. Rapid urbanization and rising living standards in developing nations are increasing pollution levels, requiring advanced filtration solutions. Stricter emissions norms worldwide are expanding the scope and sophistication of applications. The need for resource conservation and emission reduction also opens avenues in air pollution control and waste water treatment domains.
In terms of Product type, liquid filter media contributes 61.9% share of the industrial filter market owing to its ubiquitous need across various industrial sectors. Liquid filters are essential for removing solid contaminants from liquids used in numerous industrial processes. While air filters are also important, liquid streams are even more prevalent in areas such as manufacturing, chemicals, food and beverages. Proper filtration of liquid streams is critical to ensure machinery operates efficiently and end products meet quality standards. Most industrial liquids carry some level of particulate impurities acquired during various stages such as transportation, storage or prior processing. Allowing these contaminants to carry over can cause damage to pumps, valves and other downstream equipment over time. It can also compromise the purity and specifications of final products. For instance, in pharmaceutical manufacturing even micro-level contamination of active drug ingredients or intravenous solutions can render them unsuitable. Therefore, liquid filtration serves as a necessary quality control step across many industrial workflows. The food and beverage industry, being one of the largest end-users of industrial filters, greatly contributes to the market share of liquid media filters. Filtration is vital at various points such as pretreatment of water used in processing, clarification of juices and syrups, beer filtration prior to packaging, and filtration of edible oils. Strict international standards regarding impurity limits in food products drive the need for highly effective liquid filtration systems. Other major sectors like chemicals and power generation also extensively use liquid filters for applications like cooling water treatment and wastewater recycling. Overall, given the broad relevance of liquid contaminant removal across different industry verticals, liquid filter media will continue dominating the industrial filter market over air filters.
Insights, By End-User: The Largest End-User Segment
The global food and beverage industry stands as the 41.8% share end-user segment contributing to the industrial filter market. With growing worldwide population and consumption levels, the demand for food production has significantly increased. However, high purity and safety standards must be maintained at each stage of food manufacturing, distribution and packaging. Effective filtration plays a pivotal role in meeting these quality norms for the industry. At food processing facilities, a variety of liquid and air filters are used for multiple applications. Water and process liquid filtration ensures appropriate pretreatment before use. Clarification and sterilization processes also rely on filter aids. Airborne particulate removal through bag filters or dust collectors is important in controlled environments. Filtration also features prominently during bottling, canning and packaging of finished products. Microbial and other contaminants must not be introduced at the final stages. Regulatory compliance pertaining to personnel hygiene and facility sanitation has strengthened over the years. This has further raised the bar for industrial filter performance in the food sector. Membrane technologies allowing nano-level separation are increasingly sought after. Advanced IoT-based monitoring also allows real-time process optimization. As consumer health awareness grows globally, food companies prioritize purification technologies to gain brand loyalty. This will continue propelling the food and beverage industry to invest in the latest filtration solutions, cementing its leadership as the major end user, therefore growing food industry is expected to drive the market growth. For instance, according to data provided by Invest India in 2022, by 2025 the Indian food processing market is estimated to reach US$535 Bn, growing at a compound annual growth rate of 15.2%.
Regional Insights
Asia Pacific has emerged as the fastest growing regional market for industrial filters in recent times. Countries like China, India, Indonesia, and Vietnam are witnessing rapid industrialization and infrastructure development. This has provided a major boost to end-use applications that require a diverse set of filter elements and systems. Simultaneously, the establishment of manufacturing units of global OEMs has elevated the demand for filters used in industrial machinery and equipment. Local filter suppliers are also vigorously expanding their production footprints to achieve economies of scale. Southeast Asian nations have especially opened lucrative opportunities due to their strategic locations and business-friendly policies. For example, industrial developments along the ASEAN economic corridor have made countries such as Thailand highly attractive for imports and exports involving filter products. Overall, the Asia Pacific market is gaining substantial traction backed by a favorable macroeconomic outlook as well as growing investments towards industrial and energy sectors across developing economies.
Market Report Scope
Industrial Filter Market Report Coverage
Report Coverage | Details | ||
---|---|---|---|
Base Year: | 2023 | Market Size in 2024: | US$ 3.94 Bn |
Historical Data for: | 2019 To 2023 | Forecast Period: | 2024 To 2031 |
Forecast Period 2024 to 2031 CAGR: | 6.5% | 2031 Value Projection: | US$ 6.12 Bn |
Geographies covered: |
|
||
Segments covered: |
|
||
Companies covered: |
Valmet Corporation, Sefar AG, Lydall AG, Ahlstrom-Munksjö, 3M, Clear Edge Filtration Inc., Freudenberg, Fibertex Nonwovens, Nordic Air Filtration, Sandler AG, Johns Manville Ashland, Filtcare, Industrial Filter Manufacturers, Inc., Bee Ess Industries, Industrial Filter Corporation, Anand Filters, Enviro Tech Industrial Products, Vizag Filters, Engineered Filtration, Inc, and Filter Concept |
||
Growth Drivers: |
|
||
Restraints & Challenges: |
|
Key Developments
- In September 2023, PPG introduced high-performance UF membranes and filter elements for improved industrial water reuse
- Filtrec is launching 'Made In India' Spin On filters for industrial & mobile hydraulic applications, with availability expected by mid-2023
- In January 2020, Ahlstrom-Munksjö announced the expansion of a manufacturing platform for high-performance filtration and energy storage applications at the Malmedy Plant, Belgium. The plant consists a significant expansion of its micro-glass capacity and further growth in industrial filtration capacity in Italy.
- In October 2020, Valmet announced an investment in a filter fabric manufacturing plant in India to meet the growing demand from customers and improve delivery times of filter fabrics to the Asia Pacific and Middle East regions
*Definition: The industrial filter market includes companies that manufacture filters used for industrial applications. These filters are used to purify liquids and air across various industries like chemicals, oil & gas, food & beverage, power generation, pharmaceuticals, and others. Industrial filters help remove particulate contaminants from fluids and gases through mechanical or physical means to protect machinery, meet environmental and safety regulations, and ensure product quality. Some of the major products in this market include baghouse filters, dust collectors, cartridge collectors, mist collectors, and HEPA filters.
Market Segmentation
- Product Type Insights (Revenue, USD Bn, 2019 - 2031)
-
- Liquid Filter Media
- Non-woven Fabrics
- Mesh
- Woven Fabrics
- Air Filter Media
- Non-woven Fabrics
- Fiberglass
- Activated Carbon
- Others
- Liquid Filter Media
- End User Insights (Revenue, USD Bn, 2019 - 2031)
- Food and Beverage
- Chemical
- Power Generation
- Metal and Mining
- Pharmaceutical
- Others
- Regional Insights (Revenue, USD Bn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa
- GCC Countries
- Israel
- Rest of Middle East & Africa
- North America
- Key Players Insights
- Valmet Corporation
- Sefar AG
- Lydall AG
- Ahlstrom-Munksjö
- 3M
- Clear Edge Filtration Inc.
- Freudenberg
- Fibertex Nonwovens
- Nordic Air Filtration
- Sandler AG
- Johns Manville Ashland
- Filtcare
- Industrial Filter Manufacturers, Inc.
- Bee Ess Industries
- Industrial Filter Corporation
- Anand Filters
- Enviro Tech Industrial Products
- Vizag Filters
- Engineered Filtration, Inc
- Filter Concept
Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By End-User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER’s Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend
- Market Dynamics
- Global Industrial Filter Market - Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting the Global Industrial Filter Market – COVID-19
- Impact Analysis
- Global Industrial Filter Market, By Product Type, 2019-2031 (US$ Bn)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Liquid Filter Media
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Sub Segment Trends
- Non-woven Fabrics
- Mesh
- Woven Fabrics
- Air Filter Media
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Sub Segment Trends
- Non-woven Fabrics
- Fiberglass
- Activated Carbon
- Others
- Introduction
- Global Industrial Filter Market, By End-User, 2019-2031 (US$ Bn)
- Food and Beverage
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Chemical
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Power Generation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Metal and Mining
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Pharmaceutical
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Food and Beverage
- Global Industrial Filter Market, By Region, 2019-2031 (US$ Bn)
- Introduction
- Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- North America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, By Country, 2019 - 2031
- Market Size and Forecast, By Product Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By End-User, 2019- 2031 (US$ Bn)
- Countries
- U.S.
- Canada
- Latin America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, By Country, 2019 - 2031
- Market Size and Forecast, By Product Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By End-User, 2019- 2031 (US$ Bn)
- Countries
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, By Country, 2019 - 2031
- Market Size and Forecast, By Product, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By End-User, 2019- 2031 (US$ Bn)
- Countries
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, By Country, 2019 - 2031
- Market Size and Forecast, By Product, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By End-User, 2019- 2031 (US$ Bn)
- Countries
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- Market Share Analysis, By Region/Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, By Region/Country, 2019 - 2031
- Market Size and Forecast, By Product, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By End-User, 2019- 2031 (US$ Bn)
- Sub-Regions/Countries
- GCC Countries
- Israel
- Rest of Middle East & Africa
- Introduction
- Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3x3 Matrix)
- Company Profiles
- Valmet Corporation
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Sefar AG
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Lydall AG
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Ahlstrom-Munksjö
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- 3M
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Clear Edge Filtration Inc.
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Freudenberg
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Fibertex Nonwovens
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Nordic Air Filtration
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Sandler AG
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Johns Manville Ashland
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Filtcare
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Industrial Filter Manufacturers, Inc.
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Bee Ess Industries
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Industrial Filter Corporation
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Anand Filters
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Enviro Tech Industrial Products
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Vizag Filters
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Engineered Filtration, Inc
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Filter Concept
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Valmet Corporation
- Analyst Recommendation
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
- Section
- References
- Research Methodology
- About Us and Sales Contact
* Browse 50 market data tables* and 40 figures* on “Global Industrial Filter Market” - forecast to 2031.
Market Segmentation
- By Product Type:
-
- Liquid Filter Media
- Non-woven Fabrics
- Mesh
- Woven Fabrics
- Air Filter Media
- Non-woven Fabrics
- Fiberglass
- Activated Carbon
- Others
- Liquid Filter Media
- By End-User:
-
- Food and Beverage
- Chemical
- Power Generation
- Metal and Mining
- Pharmaceutical
- Others
- By Regional:
-
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa