Industrial Filtration Market Outlook 2023, Global
Opportunity and Recent Trends
The report "Industrial Filtration Market by Type (Air and Liquid), Technology, Product, Filter
Media, Industry (Manufacturing, Power Generation, Metals & Mining, Oil & Gas,
Pharmaceuticals, and Process Industry), and Region - Global Forecast to 2023", The
industrial filtration market is expected to grow from an estimated USD 25.89 Billion in 2018 to
USD 35.47 Billion by 2023, registering a CAGR of 6.50% during the forecast period. This growth is
primarily due to the growing industrialization and urbanization, stringent regulations pertaining
to emissions and treatment of industrial waste, and requirement of safe working environment in
industrial facilities.
Browse 107 market data Tables and 33 Figures spread through 169 Pages and in-depth TOC
on "Industrial Filtration Market by Type (Air and Liquid), Technology, Product, Filter Media,
Industry (Manufacturing, Power Generation, Metals & Mining, Oil & Gas, Pharmaceuticals,
and Process Industry), and Region - Global Forecast to 2023"
https://www.marketsandmarkets.com/Market-Reports/industrial-filtration-market-81304454.html
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On the basis of industry, the manufacturing segment is expected to hold the largest share
of the market
The manufacturing industry dominated the industrial filtration market in 2017. This segment
includes machinery & equipment, chemical, electrical & electronics (includes semiconductors),
and pulp & paper industries. Industrial filtration is gaining its importance across all end-use
markets due to strict environmental regulations and enforcement of cleaner processes and
technologies. Furthermore, the market for the manufacturing segment will be driven by the Asia
Pacific region, particularly increasing manufacturing hubs in the Southeast Asian countries, along
with China, which is already the world’s leading country in the manufacturing sector.
The nonwoven fabric, by filter for industrial filtration is expected to be the fastest -growing
segment of the market
The nonwoven fabric, by filter media, for industrial filtration is expected to grow at the highest
CAGR from 2018 to 2023. These nonwoven fabric filter bags are made from nonwoven
Polypropylene (PP) fabric and are durable, reusable, water-resistant, hypoallergenic, fire-resistant,