What is the report about?
Liquid filters are essential equipment used to separate suspended solids from a fluid stream, typically through a physical barrier called the filter medium. This process is crucial in various industries, particularly in the production of goods intended for human consumption such as beverages and drinking water.
Market Segmentation
The global liquid filter market can be segmented by filter media, filter type, application, end-user industry, and geography. Common filter media include polymer, cotton, aramid, and metal. Filter types range from woven and non-woven to mesh filters. Applications span food and beverage, chemical, pharmaceutical, metal and mining, and municipal treatment.
Market Size and Growth
The global liquid filter market was valued at US$2.1 billion in 2022 and is expected to grow at a CAGR of 7.9% from 2023 to 2033, reaching US$5.8 billion. Growth is driven by industrialization, urbanization, and stricter waste treatment regulations. The industrial treatment and food and beverage segments are expected to see significant growth, with the polymer segment leading in terms of filter media.