Water Filtration: Global Markets Revolutionizing Clean Water Access Surges Ahead

An increasingly health-conscious consumer base and technological advancements such as sophisticated membranes are driving the growth of the water filtration industry. It achieves continued growth and environmental impact by emphasizing sustainability and

May 16, 2024

Boston: “According to the latest BCC Research study, the demand for Water Filtration: Global Markets is expected to grow from $10.5 billion in 2024 and is projected to reach $19.0 billion by the end of 2029, at a compound annual growth rate (CAGR) of 12.5% during the forecast period of 2024 to 2029.”

This report on the global water filtration market analyzes key segments including filter type (depth and surface), technology (membrane and non-membrane), and application (purification and desalination). Geographically, it focuses on North America, Europe, Asia-Pacific, and the Rest of the World. Excluding revenues from services and equipment, the study measures market values at the manufacturer level, with data from 2023 and forecasts from 2024 to 2029 in millions of U.S. dollars.

Interesting Facts About Water Filtration:

Water filter membranes are vital for applications in the food, beverage, and healthcare industries in addition to drinking water. Customized filtration solutions focus on pollutants, and the financial savings are substantial—filtered tap water is just slightly more expensive than bottled water—underscoring the benefits of filtration for the environment and the economy.

To learn more about "Water Filtration: Global Markets Report", please click here for more information.

The global water filtration market is driven by the following factors:

Water Scarcity: As the global population grows and industries expand, the demand for clean water increases, while freshwater resources remain limited.

Water Quality Issues: Contaminants like bacteria, viruses, and pollutants threaten water quality, but filtration systems effectively remove impurities, ensuring safe water for drinking and industry.

Advancements in Filtration: Continuous research has led to improved filtration technologies, enhancing efficiency, reducing energy consumption, and improving water quality.

Environmental Impact of Bottled Water: Production and disposal of plastic water bottles harm the environment, driving the shift towards sustainable water filtration systems as an eco-friendly alternative.

Specialized Industry Solutions: Industries requiring high-quality water, like pharmaceuticals and electronics, benefit from tailored filtration solutions, ensuring purity, efficiency, and regulatory compliance.

Request a Copy of the Water Filtration: Global Markets Report.

Report Synopsis

Report Metrics

Details

Base year considered

2023

Forecast Period considered

2024-2029

Base year market size

$9.6 billion

Market Size Forecast

$19.0 billion

Growth Rate

CAGR of 12.5% for the forecast period of 2024-2029

Segment Covered

Filter Type, Technology, Application, and Region

Regions covered

North America, Europe, Asia-Pacific, and Rest of the World (RoW)

Countries covered

U.S., Canada, Mexico, Germany, the U.K., France, China, India, the Middle East and Africa

Key Market Drivers

  • Water scarcity.
  • Water quality issues.
  • Advancements in water filtration technologies.
  • Environmental impact of bottled water.
  • Specialized water solutions for industries.

Segmentation Analysis:

Filter Types: Depth filters trap particles within their structure, ideal for high dirt-holding capacity, while surface filters capture contaminants on the filter's surface, effective for removing fine particles.

Technology: Membrane-based methods like Reverse Osmosis (RO) and Nanofiltration selectively remove impurities, while non-membrane-based options like Electrolysis and Activated Carbon Filters offer alternative purification techniques.

Application: Water purification systems cater to residential, commercial, and industrial needs, ensuring clean water for various sectors, while desalination systems provide drinkable water from seawater and brackish water sources.

This Water Filtration: Global Markets Report contains comprehensive information and analysis covering the following key questions:

1. What is the projected market size and growth rate of the market?

  • The global water filters market was valued at $9.6 billion in 2023 and will reach $19.0 billion by 2029, and the growth rate is 12.5% for the forecast period 2024-2029.

2. What are the key factors driving the growth of the market?

  • Water scarcity
  • Water quality issues
  • Advancements in water filtration technologies.

3. What segments are covered in the market?

  • The water filtration market is segmented based on filter type, technology and application. The filter type segment is categorized into depth filter and surface filters. The technology category includes membrane-based and non-membrane-based filters as the major segment; and the application segment includes water purification systems and desalination systems.

4. By filter type, which segment will dominate the market by 2029?

  • The depth filters segment dominates the filter type segment.

5. Which region has the highest market share in the market?

  • Asia Pacific has the highest market share in the market; the market is holding the highest share based on various factors such as the major presence of companies that are dealing in water technologies in the region and favorable government support for water filtration.

Some of the Key Market Players Are:

  • 3M
  • ALFA LAVAL
  • DONALDSON CO. INC.
  • DUPONT
  • ECOLAB
  • KOVALUS SEPARATION SOLUTIONS
  • MANN+HUMMEL
  • TORAY INDUSTRIES INC.
  • VEOLIA
  • XYLEM

Browse More Related Reports

Seawater and Brackish Water Desalination: This report takes an in-depth look at the desalination industry, focusing on seawater and brackish water, which account for more than 85% of the market. It discusses the state of water globally, drivers of growth, and challenges. A technical overview of desalination technologies, including membrane and thermal methods, and market forecasts from 2023 to 2028 are provided.

Global Markets and Technologies for Water Recycling and Reuse: This comprehensive report provides in-depth insight into the technical, economic, and commercial aspects of water treatment and recycling technologies, providing analysis and forecasts for the global market. It covers these technologies' various market forces and end-use applications, providing descriptions and growth forecasts through 2028. The report explores the drivers behind the market and examines its industry structure considering international factors in different regions of the world and types of water recycling and recycling technologies. In addition, it includes profiles of major global manufacturers in this field.

Directly Purchase a copy of the report with BCC Research.

For further information or to make a purchase, please get in touch with info@bccresearch.com.

Water Filtration: Global Markets( MST080B )
Publish Date: May 2024    

Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher. For media inquiries, email press@bccresearch.com or visit www.bccresearch.com/media to request access to our library of market research.