The global industrial filtration market size is projected to reach USD 41.1 billion by 2025, from an estimated value of USD 29.5 billion in 2020, growing at a CAGR of 6.9 % during the forecast...
The global Industrial Filtration Market size is expected to grow from an estimated value of USD 29.5 billion in 2020 to USD 41.1 billion by 2025, at a CAGR of 6.9% from 2020 to 2025. The growth of this market is driven by strict government regulations to eliminate air and water pollution. The demand for the treatment of industrial waste and the requirement of a safe working environment in industrial facilities also expected to increase the demand for industrial filtration. The growth of the industrial filtration market is driven by the increasing demand for a clean environment and energy-efficient filtration products.
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Liquid type filtration accounted for the highest share of the industrial filtration industry in 2019. Strict government regulations to filter the discharges of pollutants into the water bodies, investment in the wastewater treatment plant are expected to drive the growth of the liquid type industrial filtration market. Furthermore, the market for pressure filtration by technology is expected to be the largest market...