Filtration and Separation Market Analysis, Trends, Share, Segmentation, Industry Size 2031 | Top Business Opportunities
LAMEA is the fastest growing region as there is increase in industrialization and urbanization in the developing nations.
PORTLAND, OR, UNITED STATES, July 3, 2023/EINPresswire.com/ — According to a new report published by Allied Market Research, titled, The filtration and separation market size was valued at $98.13 billion in 2021, and is estimated to reach $152.05 billion by 2031, growing at a CAGR of 4.4% from 2022 to 2031.
The filtration & separation system is a type of system that performs the biological, physical and mechanical operation in order to separate the solids from the liquids by causing the solid in the form of particle, dust and allergens to pass off through the pores of the filter. The filter could be of sand, cotton-wool or paper. The filters are used for various applications such as passing hot water in case of brewing coffee, removing dust from the vacuum cleaners as well as filtering dust from the air conditioners and aquariums. Certain methods are used for the filtration & separation that include cold filtration, hot filtration, vacuum and general filtration.
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The growing focus toward controlling degradation of quality of air is letting various countries to brought different programs focusing on working in controlling the pollution. In addition, various campaigns and regulations such as ClientEarth, Save Your Lungs Campaign, Clean Water Act (CWA) and Federal Water Pollution Control Act (FWPCA), are introduced dealing with making people aware about the ill effects of pollution and regulations to be followed by people and industries in order to control pollution. This drives the filtration and separation market growth.
Top Players:
The major players profiled in the filtration and separation market include Ahlstrom-Munksjö, ALFA LAVAL, Danaher (Pall Corporation), Donaldson Company, Inc., Eaton, Freudenberg Filtration Technologies SE & Co. KG, Lydall, Inc., MANN+HUMMEL, PARKER HANNIFIN CORP and Porvair Plc.
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Key Segments:
The global market is segmented on the basis of type, end user, and region. Based on type, the market is divided into gas & liquid, and air.
Based on end user, the market is divided industrial process, HVAC, life sciences, water & wastewater, and transportation.
Region wise, the global market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). In 2021, North America was the highest contributor to the global filtration and separation market share, and Asia-Pacific is anticipated to secure a leading position during the forecast period.
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David Correa
Allied Analytics LLP
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