The industrial filtration market will reach USD 55,673.2 million by 2030, powering at a rate of 7.5% by the end of this decade. The key factors powering the industry are the progressions in the filtration technologies, strict government guidelines with regards to emission control, growing requirement for safe working surroundings in industrial sites, and budding need for equipment reliability and extension of the lifespan.
The non-woven fabric category leads the industry, with about 35%, in 2022, and it will continue dominating in the years to come as well. This is because non-woven fabrics are favored by the pharma industry because of their low weight, durability, water resistance, reusability, and fire resistance.
Moreover, they are commonly used in the mineral processing industry due to their complicated fiber arrangements, rapid and low-priced manufacturing, and several design options offered by the adaptability of the structure.
Also, the activated carbon/charcoal category had a considerable revenue share in the past. This is for the reason that this material is appropriate for continuous-filtration processes because it is easily regenerable in situ, through chemical and heat treatment.
The liquid category had the larger share of revenue in the industrial filtration market, more than 60%, in the past, and this dominance will continue in the years to come as well in the coming years. This is because of the strict environmental laws that prohibit contaminants from getting into water sources.
The high cost of wastewater treatment amenities and the growing requirement for clean water are the key factors powering this category. Therefore, in the years to come, the requirement for industrial filters might be influenced by the disposition of enhanced water treatment apparatus and zero-discharge technologies.
The digitalization of filtration apparatus provides the industry a considerable growth prospect, by assisting in the incessant observation of industrial filters. These filters comprise sensors, which record air cleaners' load status and then offer service-related data to the plant operator. By averting unforeseen machine interruption, the digitalization procedure contributes considerably to effective upkeep planning. It is likely to replace sensor tech as and when needed.
Also, such tech is vital for disregarding the likelihood that these filters are used outside their functional lives. Furthermore, it provides machines a longer service life.