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Industrial Filtration Market size to grow by USD 3.66 billion from 2021 to 2025| Boll and Kirch Filterbau GmbH and Danaher Corp. among Key Vendors|Technavio

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Drivers and Challenges

Technavio has identified the major drivers and challenges that impact the industrial filtration market. According to our research, the increase in the number of refineries is propelling market growth. However, factors such as intense market competition may hamper the market during the forecast period.

Market Segmentation

The industrial filtration market has been segmented by geography into APAC, North America, Europe, MEA, and South America. During the forecast period, 62% of the market’s growth will originate from APAC, with China and Japan being the key countries.

Based on product, the industrial filtration market has been segmented into industrial liquid filtration and industrial air filtration. The industrial liquid filtration segment will have significant market share growth during the forecast period.

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Some Key Vendors and their Offerings:

Technavio has identified key vendors operating in the market. These include Boll and Kirch Filterbau GmbH, Danaher Corp., Donaldson Co. Inc., Filtration Group Corp., Graver Technologies LLC, Hengst SE, MANN+HUMMEL International GmbH and Co. KG, RUSSELL FINEX SIEVES AND FILTERS PVT. LTD., and Synder Filtration Inc. The key offerings of some of these vendors are mentioned below:

  • Boll and Kirch Filterbau GmbH: The company offers a wide range of industrial filters such as automatic backwash filters, duplex filters, simplex filters, among others.
  • Danaher Corp.: The company offers a wide range of industrial filtration such as cartridge filters, high-temperature filters, filter systems, among others, through its subsidiary Pall Corp.
  • Donaldson Co. Inc.: The company offers a wide range of industrial filtration such as hydraulic filtration, automatic filtration, among others.

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Industrial Filtration Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 3.88%

Market growth 2021-2025

USD 3.66 billion

Market structure

Fragmented

YoY growth (%)

2.82

Regional analysis

APAC, North America, Europe, MEA, and South America

Performing market contribution

APAC at 62%

Key consumer countries

China, US, Japan, Germany, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Boll and Kirch Filterbau GmbH, Danaher Corp., Donaldson Co. Inc., Filtration Group Corp., Graver Technologies LLC, Hengst SE, MANN+HUMMEL International GmbH and Co. KG, RUSSELL FINEX SIEVES AND FILTERS PVT. LTD., and Synder Filtration Inc.

Market Dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio


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Source: https://www.prnewswire.com:443/news-releases/industrial-filtration-market-size-to-grow-by-usd-3-66-billion-from-2021-to-2025-boll-and-kirch-filterbau-gmbh-and-danaher-corp-among-key-vendorstechnavio-301397071.html

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