Industrial Filtration Equipment Market Size & Growth Analysis to 2030

The global industrial filtration equipment market size is estimated to register a significant CAGR of around 6% during the forecast period from 2023 to 2030. The market is driven by factors such as stringent environmental regulations, growing industrialization, focus on health and safety, rising awareness of indoor air quality, increasing demand for purified water, advancements in filtration technologies, sustainable manufacturing practices, and expansion of end-use industries. These factors contribute to the demand for industrial filtration equipment, as industries seek effective filtration systems to ensure compliance, maintain clean air and water, and prioritize the health and well-being of employees and occupants. Technological advancements further enhance filtration efficiency and performance, driving the adoption of advanced filtration solutions across various sectors.

Market Snapshot:

Market Drivers:

• Stringent Environmental Regulations: Increasing environmental regulations and stricter emission standards across industries drive the demand for industrial filtration equipment. Companies are required to invest in filtration systems to ensure compliance with environmental norms and reduce their impact on air, water, and soil quality.
• Growing Industrialization: Industrialization and economic growth in developing regions lead to increased manufacturing activities across various industries. As industrial production expands, the need for effective filtration systems to maintain clean air, water, and fluid streams becomes crucial. This drives the demand for industrial filtration equipment.
• Focus on Health and Safety: Companies place a strong emphasis on maintaining a safe and healthy work environment for their employees. Industrial filtration equipment, such as air filters and dust collectors, help remove harmful particles, contaminants, and pollutants from the air, safeguarding the health and well-being of workers.
• Rising Awareness of Indoor Air Quality: With a growing awareness of the impact of indoor air quality on occupant health, there is an increasing demand for air filtration systems in commercial and residential buildings. HVAC filtration systems and air purifiers are deployed to remove pollutants, allergens, and fine particles, contributing to the demand for industrial filtration equipment.
• Increasing Demand for Purified Water: The demand for clean and safe water is rising across various sectors, including pharmaceuticals, food and beverage, and electronics. Industrial filtration equipment, such as reverse osmosis systems and membrane filters, play a vital role in purifying water, removing impurities, and ensuring its quality for specific applications.
• Advancements in Filtration Technologies: Technological advancements in filtration materials, filter media, and system designs contribute to the growth of the industrial filtration equipment market. These advancements result in improved filtration efficiency, longer filter life, higher flow rates, and better overall performance, driving the adoption of advanced filtration systems.
• Focus on Sustainable Manufacturing: Industries are increasingly adopting sustainable manufacturing practices, including waste reduction, energy efficiency, and resource conservation. Industrial filtration equipment helps in reducing waste generation, recycling valuable materials, and conserving resources, aligning with sustainability goals.
• Expansion of End-Use Industries: The growth of end-use industries such as oil and gas, pharmaceuticals, chemicals, food and beverage, and power generation drives the demand for industrial filtration equipment. These industries require filtration systems to maintain product quality, adhere to regulations, and ensure smooth operations.

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Market Insights:

Market Analysis by Product Type:

The global industrial filtration equipment market is bifurcated into product type, technology, end-use industry, and geography. On the basis of product type, the air filters segment dominated the global market in the benchmark year and expected to grow at the same trend by the end of the analysis period. Air filters hold a significant market share due to their wide application across industries, including manufacturing, automotive, pharmaceuticals, and commercial buildings. The increasing emphasis on indoor air quality, health and safety regulations, and the need to remove airborne contaminants and pollutants contribute to the strong demand for air filters. With the growing focus on clean and healthy environments, air filters play a crucial role in ensuring clean air, making them the dominant segment in the industrial filtration equipment market.

Air Filters: Air filters are designed to remove contaminants, pollutants, and particles from the air, ensuring clean and safe environments. These filters find extensive use in various industries, including manufacturing, automotive, pharmaceuticals, and commercial buildings. The increasing focus on indoor air quality and stringent regulations regarding emissions drive the demand for air filters in the market.

Liquid Filters: Liquid filters are employed to remove impurities, particles, and contaminants from liquid streams, such as water, chemicals, and industrial fluids. They play a vital role in maintaining the quality and purity of liquids used in industries like food and beverage, pharmaceuticals, chemicals, and water treatment. The need for clean and safe liquid streams for manufacturing processes and product quality drives the demand for liquid filters.

Oil Filters: Oil filters are specifically designed to remove contaminants and impurities from oil or lubricating fluids in machinery and equipment. They are critical components in maintaining the performance and longevity of engines, hydraulic systems, and industrial equipment. The automotive, manufacturing, and power generation industries are major consumers of oil filters.

Gas Filters: Gas filters are used to purify and remove impurities from gases used in various industrial processes. They ensure the quality and purity of gases for applications such as chemical processing, electronics manufacturing, power generation, and oil and gas production. Gas filters play a crucial role in maintaining process efficiency and protecting equipment from harmful particles and contaminants.

Market Analysis by End-Use Industry:

On the basis of end-use industry, the global industrial filtration equipment market is further segmented into oil and gas, food and beverage, pharmaceuticals, chemicals, automotive, power generation, and others. The oil and gas segment dominated the global market in 2022. The oil and gas industry has a substantial impact on the industrial filtration equipment market due to its extensive filtration requirements throughout the production, transportation, and refining processes. Filtration systems are critical for removing impurities, contaminants, and particulates from oil, gas, and water streams. The industry’s large-scale operations, stringent quality standards, and the need to protect equipment and ensure process efficiency contribute to a significant demand for industrial filtration equipment.

Oil and Gas: The oil and gas industry utilizes industrial filtration equipment for various applications, such as upstream exploration and production, midstream transportation, and downstream refining. Filtration systems are employed to remove contaminants, particulates, and impurities from oil, gas, and water streams, ensuring quality control and preventing equipment damage.

Food and Beverage: The food and beverage industry relies on industrial filtration equipment for processes like water purification, ingredient filtration, and beverage clarification. Filtration systems help maintain product quality, remove impurities, and comply with regulatory standards, ensuring the safety and purity of food and beverage products.

Pharmaceuticals: The pharmaceutical industry requires precise and sterile filtration for drug manufacturing processes, quality control, and research activities. Industrial filtration equipment is used to remove particles, bacteria, and impurities from air, water, and fluids, ensuring the integrity and purity of pharmaceutical products.

Chemicals: Industrial filtration equipment plays a crucial role in the chemical industry for separation, purification, and removal of impurities from chemical products. Filtration systems are used in various processes, such as catalyst recovery, solvent filtration, and product purification, ensuring high-quality chemical outputs.

Automotive: The automotive industry utilizes industrial filtration equipment for various applications, including engine oil filtration, cabin air filtration, and fuel filtration. Filtration systems help protect automotive components, maintain optimal performance, and ensure the longevity of vehicles.

Power Generation: Industrial filtration equipment is essential in power generation facilities to maintain the cleanliness of cooling water, remove impurities from air and gas streams, and ensure the efficiency and reliability of power generation equipment.

Others: The “others” segment may include industries such as mining, textiles, electronics, wastewater treatment, and general manufacturing, where industrial filtration equipment is used to remove contaminants, improve product quality, and comply with environmental regulations.

The industrial filtration equipment market research report presents the analysis of each segment from 2020 to 2030 considering 2022 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2023 to 2030.

Historical & Forecast Period

• 2020-21 – Historical Year
• 2022 – Base Year
• 2023-2030 – Forecast Period

Market Segmentation:

By Product Type:

• Air Filters
• Liquid Filters
• Oil Filters
• Gas Filters

By Technology:

• Mechanical Filtration
• Adsorption Filtration
• Reverse Osmosis
• Ultrafiltration
• Electrostatic Precipitators

By End-Use Industry:

• Oil and Gas
• Food and Beverage
• Pharmaceuticals
• Chemicals
• Automotive
• Power Generation
• Others

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Regional Analysis:

On the basis of region, North America is estimated to hold the largest revenue share of the global industrial filtration equipment market by the end of the analysis period. North America has a mature industrial sector and stringent environmental regulations that drive the demand for industrial filtration equipment. The region’s established oil and gas industry, along with significant manufacturing activities in sectors like automotive, pharmaceuticals, and chemicals, contribute to the demand for filtration systems. Additionally, the focus on sustainability and environmental consciousness further supports the adoption of advanced filtration technologies.

Furthermore, Europe is known for its robust industrial base and strict environmental regulations, which promote the use of industrial filtration equipment. The region’s focus on sustainable manufacturing practices, including waste reduction and resource conservation, drives the demand for filtration systems. Industries such as food and beverage, pharmaceuticals, chemicals, and automotive rely on effective filtration solutions to comply with regulations and ensure product quality.

Competitive Assessment:

Some of the major market players operating in the global industrial filtration equipment market are Parker Hannifin Corporation, Donaldson Company Inc., Pall Corporation (A division of Danaher Corporation), Eaton Corporation, and Filtration Group Corporation. Companies are exploring markets through expansion, new investment, the introduction of new services, and collaboration as their preferred strategies.

 Recent Development:

• In September 2022, ZwitterCo, a wastewater reprocessing startup, announced a successful funding round of $33 million. The funds will be utilized for the development of their chemically engineered membrane water filtration systems, which target large farms and industrial companies. The technology behind these filtration systems is based on a patented innovation developed by researchers at Tufts University.
• In May 2022, EKOTON Industrial Group and ESMIL Process Systems announced a brand merger, resulting in the establishment of ESMIL Group as the common name for both companies. Prior to the merger, the brands had already been formally merged under a single owner in 2020. The merger leverages the combined knowledge, experience, and production capabilities of the companies in the water/wastewater industry, enabling them to effectively address even the most challenging industry demands.
• In April 2022, Woosh, a company focused on improving indoor air quality and HVAC efficiency, successfully raised $1.3 million in a pre-seed funding round. The funds will be utilized to further enhance their consumer product. Woosh has now launched a Kickstarter campaign and aims to deliver their product to consumers in the fourth quarter of 2022.
• Donaldson Company Inc. introduced the iCue™ connected filtration service platform in 2021. This platform utilizes advanced sensor technology and data analytics to provide real-time monitoring and insights into filtration system performance. It enables predictive maintenance and optimized filtration solutions for various industries.
• Pall Corporation launched the Ultipleat® High Flow II Filter Cartridges in 2021. These cartridges offer improved flow rates and enhanced filtration efficiency for applications in water treatment, chemicals, and industrial processes. The product aims to provide higher performance and longer service life compared to traditional filter cartridges.
• Parker Hannifin Corporation released the ProTura® SB Nano cartridge filters in 2021. These filters utilize nanofiber technology to provide high-efficiency filtration for challenging industrial applications. The filters offer enhanced particle capture and long-lasting performance, making them suitable for applications in pharmaceuticals, food and beverage, and electronics.
• Eaton Corporation launched the MAX-LOAD™ Pleated Filter Bags in 2021. These filter bags are designed for high-capacity liquid filtration in industrial applications. The bags feature a pleated design, providing a larger surface area for improved filtration efficiency and longer filter life.
• Camfil introduced the Megalam® EnerGuard™ HEPA Panel Filters in 2021. These high-efficiency filters are designed for cleanroom environments and critical applications in industries such as pharmaceuticals, healthcare, and electronics. The filters offer exceptional filtration performance, energy efficiency, and low pressure drop.

Key Companies:

• Parker Hannifin Corporation
• Donaldson Company Inc.
• Pall Corporation (A division of Danaher Corporation)
• Eaton Corporation
• Filtration Group Corporation
• Camfil AB
• Mann+Hummel Group
• Pentair plc
• SUEZ Water Technologies & Solutions
• Lenntech BV
• Ahlstrom-Munksjö Oyj

Key Questions Answered by Industrial Filtration Equipment Market Report

• Global industrial filtration equipment market forecasts from 2023-2030
• Regional market forecasts from 2023-2030 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
• Country-level forecasts from 2023-2030 covering 15 major countries from the regions as mentioned above
• Industrial filtration equipment submarket forecasts from 2023-2030 covering the market by product type, technology, end-use industry, and geography
• Various industry models such as SWOT analysis, Value Chain Analysis about the market
• Analysis of the key factors driving and restraining the growth of the global, regional, and country-level industrial filtration equipment markets from 2023-2030
• Competitive Landscape and market positioning of top 10 players operating in the market