Industrial Filtration Market Size, Share, Growth Analysis Product Type (Air Filters, Bag Filters), and End User (Automotive, Food and Beverages), By Region - Industry Forecast 2024-2031

Global Industrial Filtration Market size was valued at USD 20.7 billion in 2022 and is poised to grow from USD 24.5 billion in 2023 to USD 77.5 billion by 2031, growing at a CAGR of 15.5% during the forecast period (2024-2031). 

The market is influenced by a number of significant factors, such as government-enacted environmental regulations and policies, the need for safe working environments in industrial facilities, the rising demand for equipment dependability and equipment lifespan extension, and the growth of industry in developing nations.

The need for safe working environments in industrial facilities, rising urbanisation and industrialization across the globe, particularly in Asia-Pacific, stringent government policies that aim to eliminate or limit airborne pollutant concentrations in order to protect human health, and rising consumer demand for high-quality products are all driving the growth of the global industrial filtration market.

The market is largely driven by the water and wastewater treatment industry. The sector uses a number of procedures, including sewage treatment, water recycling, effluent treatment, and water treatment. Technology used in the sector also includes testing, disinfection, and distillation. The need for industrial filtering, which is necessary to remove pipe scale, algae, sand, and slit from the primary water source, is anticipated to increase as a result.

US Industrial Filtration Market  is poised to grow at a sustainable CAGR for the next forecast year.