$35 Billion Industrial Filtration Market - Global Forecast to 2023
The global industrial filtration market is projected to reach USD 35.47 Billion by 2023, growing at a CAGR of 6.50%, from an estimated USD 25.89 Billion in 2018.
- The global industrial filtration market is projected to reach USD 35.47 Billion by 2023, growing at a CAGR of 6.50%, from an estimated USD 25.89 Billion in 2018.
- On the basis of industry, the industrial filtration market is segmented into manufacturing, power generation, oil & gas, pharmaceuticals, metals & mining, and process industry.
- Strict government regulations to curb air pollution is expected to drive the growth of the air-type industrial filtration market.
- The industrial filtration market, by filter media, is segmented into activated carbon/charcoal, fiber glass, filter paper, metal, and nonwoven fabric.