GITNUX MARKETDATA REPORT 2024

Industrial Filtration Industry Statistics

The industrial filtration market is expected to grow due to increasing demand from various industries such as manufacturing, pharmaceuticals, and food and beverage.

Statistic 1

"By 2027, the global industrial filtration market is projected to reach $45.2 billion."

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Statistic 2

"The industrial filtration market was valued at $30.88 billion in 2021."

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Statistic 3

"The industrial filtration market is expected to grow at a compound annual growth rate (CAGR) of 6.0% from 2020 to 2027."

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Statistic 4

"The market share for liquid filters in the industrial filtration market was 60% in 2020."

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Statistic 5

"The air filtration segment is projected to witness a higher CAGR during the forecast period."

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Statistic 6

"The Asia-Pacific region accounted for the largest market share for industrial filtration in 2020."

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Statistic 7

"The food and beverages industry is projected to be the fastest-growing end-user sector in the industrial filtration market."

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Statistic 8

"The manufacturing sector was the largest end-user of the industrial filtration industry in 2020."

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Statistic 9

"By 2027, the market size of the industrial filtration industry in North America is expected to hit $13.8 billion."

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Statistic 10

"The pharmaceutical industry is projected to witness a 7.1% CAGR in the industrial filtration market from 2020 to 2027."

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Statistic 11

"Industrial filtration of power plants is projected to exhibit the second fastest growth rate during the forecast period."

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Statistic 12

"The HEPA & ULPA industrial filters market share in 2026 was valued around $2.5 billion."

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Statistic 13

"Metal and mining industry usage of industrial filtration is expected to account for around 10.4% market share by 2027."

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Statistic 14

"Industrial filtration in the pulp and paper sector is expected to hit 4.5% CAGR from 2020 to 2027."

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