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Filtration Market Size - By Type (Air Filters, Liquid Filters, Gas Filters, Water Filters, Dust Collectors), By Filter, By Filter Media, By Application, By Distribution Channel & Forecast, 2024 - 2032

  • Report ID: GMI10648
  • Published Date: Aug 2024
  • Report Format: PDF

Filtration Market Size

Filtration Market was valued at around USD 50.5 billion in 2023 and is estimated to register a CAGR of around 4.9% between 2024 and 2032.
 

Filtration Market

Global governments and regulatory bodies are increasingly enforcing stricter environmental regulations, specifically targeting air and water pollution. Industries must now adopt advanced filtration systems to comply with these regulations, aiming to curtail emissions and effluents. Simultaneously, heightened public awareness of the health risks associated with pollution is fueling a surge in demand for filtration systems across residential, educational, commercial, and public settings.
 

Small and medium-sized enterprises (SME) and developing regions often face a significant barrier when it comes to adopting advanced filtration systems due to their high initial capital requirements. The costs extend beyond the initial investment and encompass expenses for infrastructure modifications, specialized labor, and ongoing maintenance, including filter replacements and system cleaning, all of which contribute to the operational costs.
 

Filtration Market Trends

The market for residential air purifiers and water filters is witnessing a surge, propelled by consumer demand for enhanced indoor air quality and clean drinking water. This demand is steering advancements in filtration materials and techniques, including nanofiber filters, electrostatic filters, and advanced membranes, all geared toward boosting filtration efficiency and durability. Meanwhile, sectors like automotive, aerospace, and electronics are increasingly reliant on precise filtration to uphold product quality and operational efficiency. In parallel, the oil and gas sector are deploying filtration systems to safeguard its operations, ensuring contaminants are effectively removed from drilling fluids, processing streams, and gas emissions.
 

Filtration Market Analysis

Global Filtration Market Size, By Type, 2021 – 2032 (USD Billion)

Based on the type, the air filters segment accounted for revenue of around USD 12.7 billion in 2023 and is expected to reach USD 20.4 billion by 2032. The rising awareness of the health implications associated with poor indoor air quality, including respiratory problems and allergies, is fueling the demand for air filters across residential, commercial, and public spaces. Consumers' growing inclination towards maintaining clean and healthy indoor environments is propelling the uptake of air filtration systems. Technological advancements, notably in filtration materials like HEPA filters and electrostatic precipitators, are bolstering the efficacy and attractiveness of air filters.
 

Furthermore, the global shift towards sustainability is driving the innovation and adoption of energy-efficient air filters, which aim to minimize environmental footprints. Notably, many companies are aligning with green building standards, exemplified by certifications like LEED, which underscore the importance of efficient air filtration systems.
 

Global Filtration Market Revenue Share, By Distribution Channel, (2023)

Based on distribution channel, the indirect segment accounted for around 65% of the market share in 2023 and will capture about 66% by 2032. Indirect distribution channels, comprising distributors, retailers, and wholesalers, expand the market's reach for filtration products, reaching regions that manufacturers may not directly cover. By stocking filtration products in both physical and online retail outlets, these channels enhance accessibility for a broad consumer and business base, thereby bolstering market penetration.
 

Specialized distributors, focusing on sectors like healthcare, automotive, or industrial fields, offer tailored solutions and technical support, catalyzing the adoption of filtration systems in these niches. These channels also actively promote filtration products through diverse strategies, including advertising, product demos, and participation in industry events and trade shows.
 

Asia Pacific Filtration Market Size, 2021 – 2032, (USD Billion)

Asia Pacific held the largest market share of around 38% in 2023 and is estimated to register a CAGR of around 5.5% between 2024 and 2032. The industrial landscape in the Asia Pacific region, spearheaded by nations like China, India, and Southeast Asian counterparts, is witnessing robust growth. Sectors such as manufacturing, automotive, electronics, and pharmaceuticals are on an upward trajectory, fueling the demand for cutting-edge industrial filtration systems to safeguard air and water quality.
 

Notably, the region is at the forefront of adopting advanced filtration technologies, embracing nanofiber filters, electrostatic precipitators, and sophisticated membrane filtration methods. These technological strides are enhancing the overall efficiency and efficacy of filtration systems. Furthermore, water treatment is seeing a surge in the adoption of technologies like reverse osmosis and ultrafiltration, particularly for their prowess in contaminant removal and water purification.
 

Country-Level Analysis

The U.S. dominated the North American filtration market with revenue of over USD 11.2 billion in 2023 and is expected to grow at a CAGR of 5% through 2032. The U.S. boasts some of the world's most stringent environmental regulations, overseen by bodies like the Environmental Protection Agency (EPA). These regulations necessitate advanced filtration systems to manage emissions and discharge, fueling demand in diverse sectors. Rising public consciousness regarding the health repercussions of pollution propels the market for residential air purifiers and water filtration systems. Furthermore, as green building practices, exemplified by certifications like LEED (Leadership in Energy and Environmental Design), gain traction, the need for advanced filtration systems to align with sustainability benchmarks intensifies.
 

Germany dominated the Europe filtration market share of around 24% in 2023 and is expected to grow at a CAGR of 5.2% from 2024 to 2032. Germany, a prominent industrial force in Europe, boasts a robust manufacturing sector that necessitates cutting-edge filtration systems to handle emissions, dust, and particulates. Further, Germany also upholds stringent EU air quality mandates, exemplified by the Ambient Air Quality Directive. This directive imposes ceilings on pollutants like particulate matter (PM10 and PM2.5), nitrogen dioxide (NO2), and ozone (O3). Consequently, these regulations propel the need for advanced air filtration systems, essential for both industrial and urban environments, to ensure compliance and preserve air quality.
 

China dominated the Asia Pacific filtration market share of around 33% in 2023 and is expected to grow at a CAGR of 5.7% from 2024 to 2032. China's robust industrial foundation, spanning manufacturing, automotive, and chemical sectors, fuels a pressing need for filtration systems. These systems are pivotal in tackling dust, pollutants, and contaminants. Given the nation's extensive infrastructure projects and construction ventures, sophisticated filtration systems are imperative to meet environmental standards and enhance operational efficacy.
 

The Chinese government, in line with its environmental commitments, has rolled out initiatives such as the Air Pollution Control Action Plan and the "13th Five-Year Plan for Ecological and Environmental Protection." These plans outline aggressive goals, aiming to curtail air pollutants and enhance air quality, particularly in urban and industrial zones.
 

Filtration Market Share

Global Filtration Company Market Share Analysis, 2023

The filtration industry is fragmented, with several regional companies operating on a global scale. In 2023, CAMFIL Group, Cummins Inc., Parker Hannifin Corporation, MANN+HUMMEL Group, and 3M Company led the market. To expand their customer base, broaden their product offerings, and establish a stronger foothold in the market, these corporations strategically deploy mergers, acquisitions, partnerships, and facility expansions. They also leverage their vast distribution networks and resources to investigate new markets.
 

Filtration Market Companies

Major players operating in the filtration industry are:

  • 3M Company
  • Ahlstrom-Munksjö
  • Camfil Group
  • Clarcor
  • Cummins Filtration
  • Donaldson Company, Inc.
  • Eaton Corporation
  • Koch Filter Corporation
  • Lydall, Inc.
  • MANN+HUMMEL
  • Pall Corporation
  • Parker Bioscience Filtration
  • Parker Hannifin Corporation
  • Pentair
  • Porvair Filtration Group
     

Filtration Market News

  • In July 2023, Micronics Engineered Filtration Group completed the acquisition of FLSmidth's Advanced Filtration Technologies (AFT) filter media division. This transaction took effect immediately and encompasses all associated assets, such as intellectual property, technology, workforce, and customer base.
     
  • In February 2023, the MANN+HUMMEL Group finalized a majority investment in the M-Filter Group, a prominent filter manufacturer in Northern and Eastern Europe. M-Filter's ongoing expansion in the region and its product portfolio development are now aligned with the MANN+HUMMEL Life Sciences & Environment business unit. This strategic investment strengthens MANN+HUMMEL's presence in the European market while enhancing its offerings in the filtration sector.
     

This filtration market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue (USD Million) and volume (Million Units) from 2021 to 2032, for the following segments:

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Market, By Type

  • Air Filters
  • Liquid Filters
  • Gas Filters
  • Water Filters
  • Dust Collectors
  • Others(Magnetic Filters, etc)

Market, By Filter

  • HEPA Filters
  • Electrostatic Precipitators
  • Reverse Osmosis
  • Ultraviolet
  • Mechanical Filtration
  • Membrane Filtration
  • Media Filtration
  • Others(Polymeric Filters, etc)

Market, By Filter Media

  • Activated Carbon
  • Fiberglass
  • Nonwoven Fabrics
  • Paper
  • Metal
  • Others

Market, By Application

  • Industrial
    • Cement Industry
    • Water & Wastewater Treatment
    • Chemical Processing
    • Food & Beverage Processing
    • Pharmaceutical Manufacturing
    • Automotive
    • Oil & Gas
    • Power Generation
    • Consumer Appliances Manufacturing
    • Others (Mining, Marine, etc) 
  • Government and Municipality
    • Water Treatment Plants
    • Air Quality Management
    • Solid Waste Management Facilities
    • Sewage Treatment Plants
    • Others (Public Swimming Pools, etc.)

Market, By Distribution Channel

  • Direct
  • Indirect

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Malaysia
    • Indonesia
    • Rest of Asia Pacific 
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America 
  • MEA
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA

 

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of filtration was reached USD 50.5 billion in 2023 and is expected to register 4.9% CAGR from 2024 to 2032, owing to the governments and regulatory bodies increasingly enforcing stricter environmental regulations, specifically targeting air and water pollution worldwide.

Filtration industry from the air filters segment is expected to cross USD 20.4 billon by 2032, due to the rising awareness of the health implications associated with poor indoor air quality, including respiratory problems and allergies.

Asia Pacific filtration industry held 38% share in 2023 and is expected to register a commendable CAGR from 2024 to 2032, due to Sectors such as manufacturing, automotive, electronics, and pharmaceuticals, fueling the demand for cutting-edge industrial filtration systems in the region.

Cummins Filtration, Donaldson Company, Inc., Eaton Corporation, Koch Filter Corporation, Lydall, Inc., MANN+HUMMEL, Pall Corporation, Parker Bioscience Filtration, Parker Hannifin Corporation, Pentair, and Porvair Filtration Group, are some of the major filtration companies worldwide.

Filtration Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 365
  • Countries covered: 23
  • Pages: 147
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