Global Liquid Filtration Market 2020 (Includes Business Impact of COVID-19)

                                          
“Global Liquid Filtration Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by Trusted Business Insights. The global liquid filtration market report has been segmented on the basis of fabric material, filter media, end user, and region.

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Global Liquid Filtration Market: Overview

Liquid filtration is a process of removing solids from contaminated liquid by passing it through a filter media such as membrane in order to retain solid particles and allow clean product to pass. It is widely used in various industries such as chemical, mining, food & beverage, etc.

Global Liquid Filtration Market: Dynamics

Increasing demand for these filtration in various industries such as food & beverage, mining, etc. owing to reuse the wastewater discharged from industry is a major factor expected to drive growth of the liquid filtration market in years to come. In addition, growing demand for polymer-based liquid filtration owing to its excellent physical properties is another factor estimated to drive growth of the liquid filtration market to certain extent. Increasing demand for cotton-based and aramid-based liquid filtrations owing to their durability, heat resistance, and high conductivity are factors expected to drive revenue growth of the target market in the next coming years. Furthermore, rapid urbanization, coupled with growing demand for safe and clean drinking water across the globe owing to contamination of ground as well as surface water are other factors projected to support revenue growth of the potential market.

However, increasing demand for renewable sources and stringent regulations pertaining to environmental concern are factors which may hamper demand for liquid filtration and restrain growth of the target market.

Increasing manufacturing industries in developing countries, coupled with development of innovative and cost-effective products are factors expected to create new revenue opportunities for players operating in the target market.

Global Liquid Filtration Market: Segment Analysis

Among fabric material segments, the polymer segment is expected to account for significant revenue share in the target market. This can be attributed to its superior properties such as chemical and thermal resistant, low water absorption, etc.

Among filter media segments, the woven segment is projected to register major revenue share in the target market, owing to growing demand for multifilament fabric in industrial applications.

Among end user segments, the food & beverage segment is expected to register highest revenue share in the target market. This is due to increasing demand for convenience food and ready-to-eat food across the globe.

Global Liquid Filtration Market: Region Analysis

The market in Asia Pacific is estimated to account for highest revenue share, and expected to dominate in the global liquid filtration market. This is due to increasing use of liquid filtration in various end-use industries such as municipal, chemical, pharmaceutical, food & beverage, etc. in countries in Asia Pacific region. The Asia Pacific market is expected to grow at a rapid rate in years to come, owing to rapid urbanization, coupled with increasing disposable income, and increasing government initiatives and investments for wastewater treatment in countries in the region. The liquid filtration market in North America is projected to account for considerable share in years to come, followed by Europe market.  Rapid industrialization and stringent regulations towards environmental concern in developed and developing countries is expected to drive revenue growth of liquid filtration market in the regions.

Global Liquid Filtration Market Segmentation:

Segmentation on the Basis of Fabric Material:

Polymer
Cotton
Aramid
Metal

Segmentation on the Basis of Filter Media:

Woven
Non-woven
Mesh

Segmentation on the Basis of End User:

Food & Beverage
Mining
Chemical
Pharmaceutical
Others (Sludge Dewatering and Wastewater Treatment)