The global filtration & separation market size was US$ 97,123.15 million in 2021. The global filtration & separation market size is forecast to reach US$ 142,275.60 million by 2030, growing at a compound annual growth rate (CAGR) of 4.2% during the forecast period from 2022 to 2030.
Filtration & separation involves the biological, physical, and mechanical separation of solids from liquids by causing solid particles, dust, and allergens to pass through the filter pores. Among other materials, sand, cotton, wool, and paper can use as filters. In addition to using the filters to pass hot water in brewing coffee, remove dust from vacuum cleaners, and filter air conditioners and aquariums, they can also use in other ways. Filtration & separation techniques include cold filtration, hot filtration, vacuum, and general filtration.
Factors Influencing Market Growth
Impact Analysis of COVID-19
The COVID-19 pandemic had a negative impact on the global market. Lockdowns imposed by governments to stop the virus' spread have caused many plants for filtration and separation of HVAC, water, and wastewater, and industrial processes to cease operations. During the pandemic, the filtration industry faced challenges in developing innovative filter materials to inactivate the virus and repurpose filters for further use.
Regional Insights
North America held a majority share of the global filtration & separation market in 2021 and is forecast to hold this position throughout the forecast period. Due to rapid industrialization and urbanization, air and water filter demands are on the rise in the commercial and industrial sectors, driving market growth in the region.
The Asia Pacific is forecast to grow at the fastest rate during the forecast period. As a result of strict government regulations regarding air and water quality index, consumer awareness about air filters, and the increased concern about health & the environment.
Leading Competitors
The leading prominent companies profiled in the global filtration and separation market are:
Scope of the Report
The global filtration and separation market segmentation focuses on Type, End-User, and Region.
Segmentation based on Type
Segmentation based on End-User
Segmentation based on Region