Rising popularity of organic farming drives demand for filtration systems in food safety.
According to a Future Market Insights (FMI) report, the adoption of industrial filtration is expected to increase at a CAGR of 16.8% during the forecast period. The industrial filtration market is anticipated to rise from USD25,026.6 million in 2023 to USD101,248.3 million in 2033.
The industrial filtration market plays a crucial role in ensuring various industries’ efficient and reliable operation. As the industrial revolution continues to shape economies worldwide, establishing numerous industries across different sectors has increased the demand for filtration solutions.
Industrial filtration involves the separation of solid particles and impurities from liquids and gases to maintain product quality, comply with environmental regulations, and protect equipment and processes.
This market encompasses various applications, including water treatment, chemical processing, oil and gas, pharmaceuticals, food and beverage, automotive and many others.
The growing focus on sustainable practices, stringent environmental regulations and the need for process optimization are driving the adoption of advanced filtration technologies.
As industrialization expands globally, the industrial filtration market is poised for steady growth, providing essential solutions to address diverse industrial challenges and ensuring smooth and environmentally responsible operations.
The industrial air filtration market from metals applications is projected to grow by 6.4% until 2032, driven by rising health consciousness, improved living standards, and increased disposable income. Increased awareness of healthy living and higher air pollution levels contribute to the growth of air purifier sales globally.
The automotive industry is anticipated to grow at a rate of 4.2% over the next decade, leading to high demand for air filters in vehicles. Automotive filters improve engine efficiency, reduce fuel consumption, and are sought after due to increased disposable incomes, environmental awareness, and demand for premium cars.
North America dominates the global industrial filtration market, holding about 25.1% of the market share in 2022. The region’s growth is attributed to industry investments to meet regulations, flourishing healthcare and automotive sectors, and stringent safety and environmental protection standards.
APAC is a fast-growing market for industrial filtration. Rapid industrialization, urbanization, infrastructure investments, and increasing demand for automotive products contribute to significant growth in the Asia Pacific region. China is leading with a 17.4% CAGR due to cheap raw materials, labor, and government initiatives to attract investment.
“The burgeoning popularity of organic farming coupled with the widespread usage of pesticides and fertilizers has raised notable food safety apprehensions. Consequently, this trend is poised to fuel the demand for advanced filtration systems within the market,” said a lead Future Market Insights (FMI) analyst.
About the Industrial Automation Division at Future Market Insights (FMI)
Future Market Insights (FMI)is a highly experienced Industrial Automation team that aids companies from all over the world with their specific business intelligence needs through professional research, actionable insights, and strategic recommendations. With a library of over a thousand research and 1 million+ data points, the team has spent over a decade analyzing the industrial automation domain across 50+ countries.