The filtration and contamination control global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Filtration And Contamination Control Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The filtration and contamination control market size has grown steadily in recent years. It will grow from <b>$40.24 billion in 2023 to $42 billion in 2024 at a compound annual growth rate (CAGR) of 4.4%. </b> The growth in the historic period can be attributed to stringent environmental regulations, growing industrialization, awareness of air and water quality, expansion of healthcare sector, quality standards in manufacturing, food and beverage safety, water and wastewater treatment.
The filtration and contamination control market size is expected to see strong growth in the next few years. It will grow to <b>$51.38 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%. </b> The growth in the forecast period can be attributed to rising concerns about airborne diseases, focus on indoor air quality, expansion of renewable energy, demand for clean energy, increasing water scarcity, regulatory support for filtration. Major trends in the forecast period include growing emphasis on cleanroom technologies, adoption of hepa and ulpa filters, advancements in nanofiber filtration technology, remote monitoring and iot integration, customized filtration solutions, air purification in hvac systems.
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Scope Of Filtration And Contamination Control Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Filtration And Contamination Control Market Overview
Market Drivers –
The emerging pollution from industrial waste is expected to propel the growth of the filtration and contamination control market. Growing industrial setups have increased pollutant emissions, affecting the entire environment. It contaminates numerous sources by emitting harmful toxins into the atmosphere and degrades soil quality worldwide. This increased industrial pollution has emerged the demand for filtration and contamination control products, providing a necessary level of filtration with the application and system. For instance, in February 2022, according to a report published by the World Bank, a US-based financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects, the rapid population growth and urbanization account for the annual waste generation to rise by 73% to 3.88 billion tons in 2050. Therefore, emerging pollution from industrial waste is driving the growth of the filtration and contamination control market.
Market Trends –
Technological advancements have emerged as a key trend in the filtration and contamination control market. Major companies operating in the filtration and contamination control market are focused on developing advanced filtration and contamination products and solutions to strengthen their market position. For instance, in July 2022, a US-based company called G6 Material, an innovative technology company dedicated to advanced graphene materials, launched an advanced antimicrobial graphene air filtration system named Breathe+ Pro. The Breathe+ Pro Air Purifier employs advanced air filters with activated carbon and graphene oxide coatings. This coating is intended to improve the air filter’s ability to capture bioaerosol particles. Microbes, dust particles, smog, dander, pollen, and volatile organic compounds (VOC) are all removed from the air by this advanced air purification system.
The filtration and contamination control market covered in this report is segmented –
1) By Filtration Type: Liquid Filtration, Air Filtration
2) By Customer Type: Aftermarket, OEM
3) By Application: Engine, On Road, Agriculture, Construction, Mining and Marine, Industrial, Industrial Machinery, Oil and Gas
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Regional Insights –
North America was the largest region in the filtration and contamination control market in 2023. The regions covered in the filtration and contamination control market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the filtration and contamination control market report are Donaldson Company Inc., Cummins Inc., Filtration Group Corporation, HYDAC International GmbH, MANN+HUMMEL Holding GmbH, Parker-Hannifin Corporation, Pall Corporation, Eaton Corporation plc, CECO Environmental Corporation, Berkshire Corporation, Clarcor Inc., Mobil Corporation, Filtermist International Ltd., Camfil AB, Freudenberg Filtration Technologies SE & Co. KG, Ahlstrom-Munksjö Oyj, Lenntech B.V., Pentair plc, Veolia Group, 3M Company, Alfa Laval AB, Calgon Carbon Corporation, Danaher Corporation, Evoqua Water Technologies LLC, GEA Group AG, Graver Technologies LLC, H2O Innovation Inc., Koch Membrane Systems Inc., Kuraray Co. Ltd., Lydall Inc., Meissner Filtration Products Inc., Mott Corporation, Nippon Muki Co. Ltd.
Table of Contents
1. Executive Summary
2. Filtration And Contamination Control Market characterstics
3. Filtration And Contamination Control Market Trends And Strategies
4. Filtration And Contamination Control Market – Macro Economic Scenario
5. Global Filtration And Contamination Control Market Size And Growth
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31. Global Filtration And Contamination Control Market Competitive Benchmarking
32. Global Filtration And Contamination Control Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Filtration And Contamination Control Market
34. Filtration And Contamination Control Market Future Outlook and Potential Analysis
35. Appendix
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