The North America Industrial Filtration Market would witness market growth of 4.6% CAGR during the forecast period (2024-2031).
The US market dominated the North America Industrial Filtration Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $12,295.1 million by 2031. The Canada market is exhibiting a CAGR of 6.6% during (2024 - 2031). Additionally, The Mexico market would experience a CAGR of 6% during (2024 - 2031).
It addresses fundamental challenges such as maintaining product quality, optimizing process efficiency, meeting regulatory standards, and preserving environmental integrity. In manufacturing, filtration technologies are integral to processes such as coolant filtration, air purification, and wastewater treatment, ensuring smooth operations, prolonging equipment lifespan, and enhancing product quality. It is indispensable for purifying drinking water, treating wastewater, and remediating contaminated water sources in the water treatment sector. It plays a crucial role in safeguarding public health, preserving natural resources, and addressing environmental concerns related to water pollution.
Similarly, filtration systems are utilized in the oil and gas industry to remove impurities, solids, and contaminants from crude oil, natural gas, and process fluids. These filtration solutions ensure the integrity of equipment and pipelines and contribute to safety, operational efficiency, and environmental compliance.
Moreover, Canada's food and beverage processing industry is also a key contributor to North America's increasing demand for industrial filtration. As per the Government of Canada’s data, in 2022, the food and beverage processing industry were the largest manufacturing industry in Canada in terms of value of production, with sales of goods manufactured worth $156.5 billion. It accounted for 18.2% of total manufacturing sales and 1.7% of the national Gross Domestic Product (GDP). North America also has stringent regulations and standards for food production, processing, and distribution. Thus, the expansion of the food and beverage industry in North America indicates significant growth in the market.
Free Valuable Insights: The Industrial Filtration Market is Predict to reach USD 52.7 Billion by 2031, at a CAGR of 5.3%
Based on Type, the market is segmented into Liquid, and Air. Based on Filter Media, the market is segmented into Nonwoven Fabric, Fiberglass, Activated Carbon/ Charcoal, Filter Paper, Metal, and Others. Based on Industry, the market is segmented into Chemicals & Petrochemicals, Pharmaceuticals, Food & Beverage, Metals & Mining, Oil & Gas, Power Generation, and Others. Based on Product, the market is segmented into Bag Filter, Filter Press, Electrostatic Precipitator, Depth Filter, HEPA Filter, ULPA Filter, Cartridge Filter, Drum Filter, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Type
By Filter Media
By Industry
By Product
By Country
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