Future of Industrial Filtration Market | Straits Research

Industrial Filtration:
Filtration is a process where solid particles present in a suspension are taken apart from liquid or gas by using a porous medium, which retains solid particulates/pollutants but allows fluid to pass through. It is a common operation which is extensively used in the production of sterile products, drugs, and in a liquid oral formulation. The media used to retain solid is known as filter media. Accumulated solids on filters are called as a filter cake. Different types of ceramic and sintered filters are employed in the industries. New advanced technology is used in purification includes the development of a continuous process to replace old batch process technology.
Global industrial filtration market was valued at USD 25.19 billion in 2018 and is expected to reach USD 42.93 billion by 2026 at a CAGR of 6.89 % during the forecast period, 2019–2026.
Purification technology used in market sintered metal media which provided better work capacity for separation of particulate matter. These media are widely used in the chemical process, power generation and petrochemical industries. Particulate of air pollution leads towards loss on the gross national product (GNP) with a few of the major causes being greenhouse gas emissions, sandstorms or dust storms, and other gases emitted from several industries. Moreover, urban growth, industrialization, lack of awareness, shortage of institutional capabilities and transportation systems are also responsible for pollution across the globe.
North America holds a major industrial filtration market share due to strong infrastructural and industrial development. Furthermore, increasing environmental concerns and stringent regulatory norms regarding air treatment and disposal are expected to support market growth. In developing countries like Canada and the U.S. air filtration market size is expected to reach at highest CAGR owing to rise in pharmaceutical and food industries.

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