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Filters are generally used for removing suspended materials from a liquid by making it pass through the small pores. Industrial filters serve to separate unwanted effluent by the means of heavy duty filter and capture them in filter bag. Industrial filters help in purification of fluids such as lubricants, industrial oil, fuel, and others. Several end-user industries, including oil & gas industries, chemical industries, metals & mining industries, and water treatment sectors have a number of applications for industrial filtration. There are various kinds of industrial filtration methods such as electrostatic precipitation, air filter, liquid filter, bag filter, and depth filter.
COVID-19 Scenario Analysis:
The global industrial filtration market has been severely affected by the outbreak of the COVID-19 pandemic.
The outbreak of the global pandemic has severely affected the entire manufacturing sector. The industries encountered huge shortage of workforce because of the nationwide lockdowns and travel restrictions imposed by the governments. As a result, most of the industries had to lower their production capacity and consequently the application for industrial filtration decreased.
Outbreak of novel coronavirus has improved the awareness among the people regarding environment crisis and regarding health care. This awareness is anticipated to drive the growth of the industrial filtration market in the future.
The rapid organization and exponential growth of industrialization across the globe has played a major role in driving the growth of the industrial filtration market. Over the past few decades, different airborne contaminants and fumes have been emitted from the industries and have been polluting the environment. As a result, due to the growing environmental concerns, stringent regulations have been imposed on the industries. Moreover, a clean and safe working condition is very important for the employees to maintain the productivity. As a result, proper filtration is required to remove the harmful contaminants from the workplace. On the other hand, several industries such as food & beverage and pharmaceutical industries need to maintain a clean and hygienic environment. All these factors correctively drive the growth of the industrial filtration market.
The market in the Asia-Pacific region holds a significant share of the global industrial filtration market because of the presence of a huge manufacturing sector in the emerging economies such as India and China. The markets in North America and Europe are also expected to witness lucrative growth owing to stringent regulations by the government to control the emissions from different industries in the developed nations.
Key benefits of the report:
Key Market Segments
Key Market Players