Report Code: A06914 | Nov 2023 | Pages: NA | ||
Tables: NA | Charts: NA |
|
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Liquid Filtration Market
Request Now !Filtration is a physical, biological, or chemical process that separates solid matter and fluid from a mixture with a filter material that has a complex structure where only the fluid can pass through. Liquid filtration is the process by which undesirable chemicals, suspended solids, and biological contaminants are removed or separated from fluids. Liquid filtration comprises polymer and stainless-steel liquid filter housings, which are available to offer operator safety and technology used in petrochemicals and chemicals, solvents, and controlling water. It absorbs dust molecules through collection bag. Presently, liquid filtration is carried by state-of-the-art technologies such as nanofiltration, reverse osmosis, and ultrafiltration, where it extracts 0.001–0.1 μm particles from fluids. It is majorly applicable in the dairy, metallurgy, and similar other sectors. It is used for the sterilization mechanism in processing of oils and fats from animal and vegetable sources and laboratories.
Advances in technology related to filtration and rapid industrial development around the world are anticipated to accelerate the growth of the global liquid filtration market. The demand for liquid filtration emanates mostly from industrial water treatment, municipal water treatment, and industrial processes. Owing to rise in contamination in the ground and surface water, the liquid filtration market is likely to experience a substantial growth. Furthermore, high demand from various end-user industries such as food processing, pharmaceuticals, and chemicals is are expected to fuel the market.
Wastewater disposal garners a substantial market share, followed by sludge dewatering Thus, the growth of the global liquid filtration market is majorly driven by implementation of stringent government regulations for wastewater discharges from the chemical, food processing and pharmaceutical industries. In addition, demand for filter media and a pure quality end products in the pharmaceutical industry is anticipated to augment the market growth during the projected timeframe. Furthermore, the food & beverage is expected to grow at a notable rate, which, in turn, is likely to offer lucrative opportunities for the market. However, complicated purification methods; high initial investment; and lack of knowledge of water, air, and soil quality in different regions of the world are some of the factors that restrain the market growth.
Owing to the outbreak of the COVID-19 pandemic, the global liquid filtration market is expected to witness a slowdown during the next couple of years. This is attributed to the shutdown of factories across all cities and provinces, globally, leading to predictions of a sharp slowdown. The prevailing pandemic situation has led to weakened demand in the food & beverage, metal & mining, chemical, and textiles. Thus, companies are dealing with missing sales and disrupted supply chains, as production activities are shutdown. The growth recovery of the industry majorly depends on the duration of the restrictions imposed and their influence on economic activity around the globe.
Key benefits of the report
Questions answered in the global liquid filtration market research report:
Liquid Filtration Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 Report Highlights
Aspects | Details |
---|---|
By Fabric Material |
|
By Filter Media |
|
By End User |
|
By Region |
|
Key Market Players | Sefar AG (Switzerland), Clear Edge (U.S.), Freudenberg Filtration Technologies (Germany), Fibertex Nonwovens (Denmark), Ahlstrom-Munksjo (Finland), Lydall, Inc. (U.S.), Kimberly-Clark Corporation (U.S.), Johns Manville (U.S.), Hollingsworth & Vose (U.S.), Valmet (Finland) |
Start reading.
This Report and over 67,404+ more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers