Liquid Filtration Market, By Product, Application, Geography and Forecast From 2014-2025
The Liquid Filtration Market was valued at USD 1.82 billion by 2017, growing with 6.7% CAGR during the forecast period, 2018-2025.
Separation of solids from liquid by passing the contaminated liquid through a filter is called liquid filtration. Contamination of soil and water is paving the growth of global filtration market. Besides, there is a high filtration demand in several sectors. It includes food processing, pharmaceuticals, and chemicals. Hence, a boost in the demand for liquid filtration technology is a projected during the foreseen period.
The global liquid filtration industry will also grow due to the advancement in technologies. The growth will facilitated through the increase of industrialization throughout the world. For example, Viledon water solutions combined with Aqua Biotechnology. It uses membrane bioreactors to separate the biomass generated in the biological process. The water quality generated in the process is fit for environmental use.demand of renewable energy sources is the main restraint of the market.
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Multifilament polypropylene fabrics dominated the global market. Thanks to its unique filtration properties and high resistance to organic acids. Hence, there will be a boost in the market during the forecast period. You can use it to produce resistant fiber for concrete, filter cloth, and tissue belt.
There will be a large growth in the nonwoven polyester and monofilament polypropylene fabrics. Price variation and quality are the main reasons for it. Making it more convenient than polypropylene felt and multifilament polypropylene fabric. The monofilament mesh (aperture of > 250 microns) has two variants. They are available in polyester and nylon. Due to its low price and high availability, it will grow at a strong CAGR of over 4.0% during the study period.
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Last Update : 24 October 2019
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|Item Owner : Prachiti Sharma|
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