Filtration
The global filtration market is valued at USD 36.03 billion in 2024. Growth is supported by rising investment in clean water systems, stricter air-quality standards, and demand for high-efficiency automotive and industrial filters. Pricing trends of the global filtration market remain varied across regions, with North America and Western Europe commanding higher unit values due to stricter regulatory compliance and advanced technology adoption, while Asia Pacific markets offer lower-cost alternatives driven by large-scale production, economies of scale, and resilient supply chain networks.
Filtration Industry production and consumption trends reflect robust momentum: global production of filtration equipment surpassed 48 million units in 2023, with Asia Pacific accounting for nearly 38% of output, led by China’s expanding membrane filtration and air-filtration capacity. Consumption patterns reveal that North America and Europe together absorb over 45% of global demand, supported by strong water filtration and air purification standards, while demand in developing markets is accelerating at double the global average.
Filtration Market Investment activity is flowing heavily into advanced filtration technologies, with more than USD 2.5 billion committed in 2023–2024 for Filtration expansions in membrane filtration, cartridge production, nanofiber air filters, and IoT-enabled smart filters. Filtration Industry Trade dynamics show that global import and export of filtration products exceeded USD 22 billion in 2024, with the U.S. and Germany standing as top exporters, while Southeast Asia and the Middle East emerge as leading importers due to growing industrialization, water scarcity solutions, and HVAC air filtration demand. These indicators point to a market where both established economies and high-growth regions are reshaping the competitive landscape through mergers and acquisitions, greenfield manufacturing projects, and sustainable ESG-compliant supply chain strategies.
Industry definition
The filtration market includes air, liquid, and gas purification systems, membrane filters, dust collectors, HEPA and HVAC filters, water treatment systems, and specialty cartridges that ensure clean and safe operations across industrial, commercial, and environmental applications. Key segments include air filtration, liquid filtration, and industrial process filtration, supported by products such as membrane filters, HEPA filters, and industrial dust collectors. Top players driving innovation in the market include Mann+Hummel, known for its advanced membrane and automotive filtration solutions, Donaldson, offering high-efficiency HEPA and HVAC filters, and Parker Hannifin, providing industrial dust collectors and fluid filtration systems. By combining advanced products with services like installation, maintenance, system optimization, and performance monitoring, the filtration market continues to improve operational efficiency, reliability, and sustainability worldwide.