Dublin, November 5, 2021--(BUSINESS WIRE)--"Liquid Filtration Market Size, Share and Analysis, By Fabric Material, Filter Media and End Use, and By Region, Global Forecast to 2028" report has It has been added to ResearchAndMarkets.com's products.
The increasing demand for industrial and municipal water treatment has led to the use of liquid filtration, which is a key factor driving market revenue growth.
Market size-USD 2.151.9 billion in 2020, market growth-compound annual growth rate of 5.5%, market trend-increasing investment in R&D and advanced technologies to strengthen national defense capabilities.
It is estimated that the global liquid filtration market will reach US$3.3248 billion in 2028, with a compound annual growth rate of 5.5% during the forecast period. Rapid industrialization and urbanization, as well as infrastructure development activities in developed and developing countries, and the demand for industrial filters to reduce or eliminate liquid pollution are the main factors driving market growth.
Including food and beverage, pulp and paper, chemical, pharmaceutical and other industries that require liquid filtration, more and more manufacturing units are the key factor driving the demand for liquid filtration, thereby supporting market growth. However, the growing demand and the adoption of renewable The reduction of energy resources may hinder market growth to a certain extent.
Some of the main findings in the report:
In the filter media segment, the woven fabric segment will account for the largest revenue share of the global market in 2020. The mesh filter media segment is expected to record a strong revenue growth rate during the forecast period.
Among the textile materials sector, the cotton textile materials sector will account for the largest revenue share in the global market in 2020 and is expected to record a fairly high compound annual growth rate during the forecast period.
In 2020, in the field of terminal applications, the revenue share of the municipal sector is higher than that of the industrial sector.
Due to rapid industrialization, an increase in the number of manufacturing units in various industries, and the need for liquid filtration systems to eliminate unwanted elements, liquid filtration in the Asia-Pacific region is expected to dominate the global market during the forecast period.
The North American market accounted for a strong revenue share in the global liquid filtration market in 2020, due to the rapid development of industries including food and beverages, chemicals, etc., coupled with the increasing demand for liquid filtration to remove unwanted particles.
As the participants operating in the countries of the region continue to improve the technological advancement of water management technology, the European market is expected to record a strong compound annual growth rate during the forecast period.
Reasons for buying the report
Robust analysis and estimation of the liquid filter market through four levels of quality inspection-internal database, expert interviews, government supervision, and forecasts made exclusively through time series analysis
The overall competitive landscape of all major players in the liquid filtration market. The report covers their market share, strategic initiatives, new product launches, R&D expenditures, mergers and acquisitions, joint ventures, expansion plans, product-wise measurement space analysis and key developments
A listing strategy specially formulated based on location analysis, which takes into account factors such as government regulations, supplier maps, supply chain barriers, and feedback from local suppliers
Most of the deep dive sub-forks currently available on the market. Our first-class method can help us understand the overall scope of the supply chain and will help you explain the current market dynamics
Pay special attention to supplier structure, supplier mix, customer map, production capacity and annual capacity utilization
Chapter 4 Liquid Filtration Market Segmentation and Impact Analysis
4.1. Analysis of Material Segmentation of Liquid Filtration Market
4.2.2.2. Strict supervision of industrial waste
4.2.3.1. Growing demand for renewable energy
4.6. Porter's Five Forces Analysis
Chapter 5. Fabric material insights and trends in liquid filtration
Chapter 6 Liquid Filtration Insights and Trends in Filtration Media
Chapter 7 Liquid Filtration of End Use Insights and Trends
Chapter 8 Regional Outlook of Liquid Filtration Market
9.1. Manufacturer's Market Revenue Share
For more information about this report, please visit https://www.researchandmarkets.com/r/8van73
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