According to the new market research report “Portable Filtration Systems Market by
End-User (Power Generation, Manufacturing, Oil & Gas), Flow Rate (0–10,
>10–20, >20–60, >60–100, and Above 100 GPM), Technology (Pressure,
Centrifugal, and Vacuum Filtration), and Region - Global Forecast to 2022”,
published by MarketsandMarkets™, the global portable
filtration systems market is expected to grow at a CAGR of 3.93%, from 2017
to 2022, to reach a market size of USD 621.4 million by 2022. The growth in
this market is driven by the growth of the power generation segment and rising
manufacturing activities, majorly in the Asia Pacific region together with
stringent environmental regulations.
Browse and
in-depth TOC on "Portable Filtration Systems Market"
67 - Tables
33 - Figures
146 - Pages
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The portable filtration systems market is dominated by a
few major players that have a wide regional presence and are established brand
names. Leading players in the portable filtration systems market, such as Parker-Hannifin (US), Pall (US), Bosch
Rexroth (Germany), Eaton (Ireland), and Donaldson Company (US), have been
focusing on the organic growth strategy which includes developing new products
to bolster their product portfolio and to enhance their global reach.
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TOC @
With regard to the technology segment, the pressure
filtration systems market is expected to be the fastest growing market from
2017 to 2022. Further, in terms of market size, the pressure filtration segment
would dominate the portable filtration systems market. The pressure filtration
systems are preferred over centrifugal and vacuum filtration systems as these
systems have low initial and operating costs.
The report segments the portable filtration systems
market, based on flow rate, into 0 to 10, >10 to 20, >20 to 60, >60 to
100, and above 100 GPM segments. The less cost of systems with low rates and
high viscosity is driving the market for the 0 to 10 GPM segment, as it is the
most common flow rate and has applications in all most all industrial processes.
The portable filtration systems market has been segmented
on the basis of end-user into manufacturing, power generation, oil & gas,
paper and pulp, petrochemicals, and others. The power generation segment is the
major end-user market for portable filtration systems, and is the major driver
for the portable filtration systems market. Moreover, growth in manufacturing
activities around the world, specifically in emerging economies, such as India
and China is further fueling the growth in the portable filtration systems
market.
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The market in Asia Pacific is estimated to be the fastest
growing market for portable filtration systems from 2017 to 2022. Investments
in power generation capacities and growing manufacturing activities in
countries such, as China, India, and Japan are likely to be the major drivers
for the portable filtration systems
market in Asia Pacific.
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MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
