Rising Water Treatment Initiatives Taken by Government, Increasing Demand in Food and Beverages and Chemical Industries are Expected to Drive the Global Liquid Filtration Market in the forecast period of 2019 to 2026

Global Liquid Filtration Market is projected to register a substantial CAGR of 6.2 % in the forecast period of 2019 to 2026. The new market report contains data for the historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.

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Drivers: Global Liquid Filtration Market

  • Rising water treatment initiatives taken by government
  • Increasing demand in food & beverages and chemical industries

Restraint:

  • High installation cost of membrane filtration system

Opportunity:

  • Rising number of installations of liquid filtration in emerging regions
  • Advanced development of liquid filtration process

Challenge:

  • Lack of awareness among people about liquid filtration systems

Market Trends:

  • On the basis of filter media, the market is segmented into woven, non-woven and mesh. The woven segment is growing at the highest CAGR in the forecast period of 2019 to 2026. 
  • On the basis of fabric, the market is segmented into polymer, cotton, aramid, metal, others
  • On the basis of end user, the market is segmented into food & beverages, chemical, mining, biopharmaceutical, municipal and others

Major Players: Global Liquid Filtration Market

Some of the prominent participants operating in this market are Valmet, Eaton, Lydall, Inc., Sefar AG, Sandler AG, GKD Gebr. Kufferath AG, Freudenberg Filtration Technologies SE & Co. KG, Fibertex Nonwovens A/S, American Fabric Filter Co., Autotech Nonwovens Pvt Ltd., Ahlstrom-Munksjö, HL Filter USA. LLC, Schweitzer-Mauduit International Inc., Hollingsworth & Vose, Filtercorp International Limited., Lenntech B.V.,  The Kraissl Company, Shelco Filters and others.