Liquid Filtration Market to offer a healthy CAGR of 7.2% during 2020-25
February 11, 2020
Liquid Filtration Market Overview:
Liquid Filtration Market is likely to witness an impressive CAGR of 7.2% during the forecast period. Liquid filtration separates solid from liquid by allowing the contaminated liquid through a filter media that holds the solid and permits the clean liquid to pass through. The filtration media must bear uniformed openings minor than the minutest particles to be eliminated. Further, the filter media should be strong enough and own adequate area to grasp the required capacity of solids. Increasing industrialization and urbanization along with stringent protocols apropos to release and handling of industrial and municipal waste are the prime factors driving the global market growth.
Report Overview:
This new report from Stratview Research analyses the Liquid Filtration Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
Get a free sample of the report here:
https://www.stratviewresearch.com/Request-Sample/791/liquid-filtration-market.html
Liquid Filtration Market Segment Insights:
Filter Type: woven, non-woven, and mesh
Based on the filter type, the market is segmented as woven, non-woven, and mesh. The woven segment is estimated to lead the market in the coming five years. The growth is attributed to the rising demand for monofilament and multifilament fabrics in various industrial applications. Monofilament fabrics deliver numerous benefits, such as enhanced open area, elevated flow rate, rarer likelihoods of product pollution, and fewer openings, which render extended lifespan and competent operation for solid elimination. Monofilament fabrics have substituted metal wire cloth in various applications, such as dryer belts, fiber belts, sifting screens, automobile filters, and rotary filters.
Click below to run through the detailed ToC of the report:
https://www.stratviewresearch.com/toc/791/liquid-filtration-market.html
Fabric Material Type: polymer, cotton, aramid, and metal
Based on the fabric material type, the market is segmented as polymer, cotton, aramid, and metal. The polymers segment is expected to dominate the market during the forecast period. The growth is owing to the exceptional properties of polymers, such as elevated thermal and chemical confrontation and minimal water absorption which enable them as the preferred choice for filter media engineering.
End-User Type: municipal and industrial
Based on the end-user type, the market is segmented as municipal and industrial. The industrial segment is expected to lead the market in the coming five years. The major other subsegments, such as food & beverage, mining, chemical, and pharmaceutical, are the prime end-users of liquid filtration. The food & beverage segment is estimated to register the fastest stride. The rapidly growing population and fast urbanization, coupled with the changing lifestyles, have catapulted the progress of the food & beverage industry, globally. The increasing demand for ready-to-eat food, processed & semi-processed food, and convenience food signifies ample growth opportunities for the food & beverage industry, which is bolstering the liquid filtration market.
A highly/moderately/fragment consolidated Market
Some of the major players in the liquid filtration market are American Fabric Filter, Ahlstrom-Munksjö, Autotech Nonwovens, Clear Edge Filtration Group, Eaton Corporation, Freudenberg Filtration Technologies, Fibertex Nonwovens A/S, Filtercorp International, GKD Gebr. Kufferath AG, and Hollingsworth & Vose.
Region: Asia-Pacific is estimated to be the fastest-growing market
In terms of regions, Asia-Pacific is estimated to be the fastest-growing market for liquid filtration, globally. The growth is majorly driven by high demand from the chemical, municipal, mining, pharmaceutical, and food & beverage sectors. The necessity for liquid filtration is predominant in developing economies, such as China, India, and Indonesia. The growing urbanization and rapid industrialization are contributing to the rising demand for potable water, which in turn, is driving the region’s liquid filtration market in the municipal and industrial segments. The enactment of stringent environmental guidelines in developed as well as emerging countries is also a prime driver of the global market. North America and Europe are also expected to offer sizeable growth opportunities during the forecast period.
Click here for other high value market reports from Stratview Research in the Advanced Material Industry:
https://www.stratviewresearch.com/market-reports/Advanced-Materials.html
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
For enquiries,
Contact:
Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176