The Filtration And Drying Equipment Global Market Report 2023, provides comprehensive information on the filtration and drying equipment market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Filtration And Drying Equipment Market’s Growth:
As per The Business Research Company’s Filtration And Drying Equipment Global Market Report 2023, the global filtration and drying equipment market size is expected to grow from $1.68 billion in 2022 to $1.82 billion in 2023 at a compound annual growth rate (CAGR) of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global filtration and drying equipment market size is expected to reach $2.41 billion in 2027 at a CAGR of 7.2%.
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Product innovation is a key trend gaining popularity in the filtration and drying equipment market. Major companies operating in filtration and drying equipment are focused on developing innovative solutions to strengthen their position in the market. For instance, in March 2021, Donaldson Company Inc., a US-based manufacturer of innovative filtration products and solutions, launched its new product, Ultrapac. It is a smart dryer for compressed air process filtration applications. The unique features of this product include its modular design for flexible orientations. Smart communication and ultrasilencers reduce noise pollution and help provide safe working conditions, as well as easy handling of maintenance and service.
The filtration and drying equipment market is segmented:
1) By Equipment Type: Full Automatic Equipment, Semi-Automatic Equipment
2) By Technology: Centrifuges, Agitated Nutsche Filter-Dyers (ANFD), Other Technologies
3) By End Use: Pharmaceutical, Chemicals, Water and Wastewater Treatment, Food and Beverage, Other End Users
Asia-Pacific was the largest region in the filtration and drying equipment market in 2022.
The table of contents in TBRC’s filtration and drying equipment market report includes:
- Executive Summary
- Filtration And Drying Equipment Market Characteristics
- Filtration And Drying Equipment Market Trends And Strategies
- Filtration And Drying Equipment Market – Macro Economic Scenario
- Filtration And Drying Equipment Market Size And Growth
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- Africa Filtration And Drying Equipment Market
- Filtration And Drying Equipment Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Filtration And Drying Equipment Market
- Filtration And Drying Equipment Market Future Outlook and Potential Analysis
- Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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