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Filtration and Contamination Control Market by Filtration Type, Customer Type, Application, and Geography - Global Forecast to 2022

Filtration and Contamination Control Market: Global Forecast until 2022

  • March 2017
  • 151 pages
  • ID: 4805942
In this report:
The filtration and contamination control market in China and Japan is expected to grow at a CAGR of ##.##% and ##.##%, respectively, between 2017 and 2022.
Additionally, the share of coal in the overall electricity generation sector is expected to fall to ##.##% by 2040, from ~##.##% in 2014.
The market for filtration and contamination control in the oil & gas application is expected to be worth USD ##,##.## million by 2022, at the highest CAGR of ##.##% during the forecast period, due to the favorable economic conditions across downstream oil & gas industries.

Summary

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"Global filtration and contamination control market intended to grow at a significant rate during the estimate period"

The overall filtration and contamination control market is anticipated to rise at a compound annual growth rate (CAGR) of ~5.1 percent between 2017 and 2022 to attain ~$39.7B by 2022. Increasingly restrictive environmental regulations by governments, promoting the use of cleaner fuels; steady demand for filtration across on-road and off-road applications; increase of the power generation market; and requirement of higher efficiency performance among mechanical equipment and factory processes are the top factors driving the rise of the filtration and contamination control market. Nevertheless, the growth in demand for electric vehicles is a top restraint for the increase ot the said market.

"Liquid filtration held the biggest market share in 2016"

Liquid filtration is used in almost every sector for the purification of solid-liquid and liquid-liquid raw materials to ameliorate the quality of products. It is also used for removing harmful impurities from the waste before disposal. The dependency of vast end-user application areas on liquid filtration systems is the prime reason for the most important market share of the liquid filtration segment.

"Filtration and contamination control market for industrial filtration forecasted to grow at the highest level rate during the outlook period"

The industrial application segment is currently analyzed as the biggest consumer of filtration devices, and related engineering products and services. Across this industry segment, the industrial machinery application is estimated to result the industrial filtration market due to the high rate of deployment and diffusion of filtration devices, especially across chemical and petrochemical refineries and metal manufacturing sectors.

"North America continent forecasted to hold a main share of the market during the estimate period"

The North American area is forecast to hold a main market share as this zone is home to some of the main manufacturers of filtration devices and related engineering technologies-Donaldson Company, Incorporated, Pall Corporation, Cummins Inc., and Clarcor Inc., among others. The sector in Asia-Pac is anticipated to grow at the maximal rate during the outlook period. China (CN), India (IN), Japan (JP), Thailand (TH), Singapore (SG), Malaysia (MY), and other countries play a significant role in the filtration and contamination control market. High industrialization and urbanization in developed and developing countries and construction of new thermal and nuclear power plants are forecasted to further drive the rise of the filtration and contamination control market across this area.

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions have been managed with top experts in the filtration and contamination control marketspace. The breakup of the profiles of primary members taking part is presented below:

- By Company Type: Tier 1-50.0 percent, Tier 2-35.0 percent, and 1/3 3-15.0 percent

- By Designation: C-Level Executives-35%, Directors-45%, and Others-20%

- By area: North America-40%, Europe-35%, APAC-20%, and RoW-5%

The report profiles the main actors in the filtration and contamination control market with their respective market ranking review. The main players decribed in this business report are MANN+HUMMEL Holding GmbH, Donaldson Company, Incorporated, Cummins Inc., Parker-Hannifin Corp., Pall Corporation, Clarcor Inc., Filtration Group Corporation, Eaton Corporation plc, HYDAC International GmbH, and CECO Environmental Corp..

Segment Research

This market research classifies the overall filtration and contamination control market based on filtration type, customer type, application, and area. The industry report depicts the market opportunities that contain key market drivers, industry restraints, opportunities, and possibilities with respect to the filtration and contamination control market and forecasts the same till 2022. Porter's five forces analysis has also been included in the study with the description of each of the forces, together with their respective impact on the filtration and contamination control market.

Reasons to Buy This Report:

The analysis would benefit competitors/new sector entrants in this sector in these ways:

1. This document breaks down the filtration and contamination control market comprehensively and offers the closest market size projection for all sub-segments across different areas.

2. The market research benefits partners distinguish the pulse of the sector and offers them with the info on key market drivers, market restraints, opportunities, and alternatives for the market increase.

3. This industry report would benefit partners comprehend their players better and acquire additional insights to enhance their rank in the business sector. The competitive outlook section includes competitor landscape, new industry product developments, alliances, and mergers and acquisitions.

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