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Filtration Market Share

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

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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

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.