Table of Content

1 INTRODUCTION 16
1.1 OBJECTIVES OF THE STUDY 16
1.2 MARKET DEFINITION 16
1.3 MARKET SCOPE 17
1.3.1 REGIONS COVERED 17
1.3.2 YEARS CONSIDERED FOR THE STUDY 18
1.4 CURRENCY 18
1.5 STAKEHOLDERS 18

2 RESEARCH METHODOLOGY 19
2.1 RESEARCH DATA 19
2.1.1 SECONDARY DATA 20
2.1.1.1 Key data from secondary sources 20
2.1.2 PRIMARY DATA 20
2.1.2.1 Key data from primary sources 21
2.1.2.2 Key industry insights 22
2.1.2.3 Breakdown of primary interviews 22
2.2 MARKET SIZE ESTIMATION 22
2.2.1 BOTTOM-UP APPROACH 23
2.2.2 TOP-DOWN APPROACH 23
2.3 DATA TRIANGULATION 24
2.3.1 LIQUID FILTRATION MARKET ANALYSIS THROUGH PRIMARY INTERVIEWS 25
2.3.2 LIQUID FILTRATION MARKET ANALYSIS THROUGH SECONDARY SOURCES 25
2.4 LIMITATIONS 26
2.5 ASSUMPTIONS 26

3 EXECUTIVE SUMMARY 27

4 PREMIUM INSIGHTS 30
4.1 ATTRACTIVE OPPORTUNITIES IN THE LIQUID FILTRATION MARKET 30
4.2 LIQUID FILTRATION MARKET, BY FILTER MEDIA 30
4.3 LIQUID FILTRATION MARKET, BY FABRIC MATERIAL 31
4.4 LIQUID FILTRATION MARKET, BY END USER 31
4.5 LIQUID FILTRATION MARKET, BY COUNTRY 32
4.6 APAC LIQUID FILTRATION MARKET, BY END USER AND COUNTRY, 2018 32

5 MARKET OVERVIEW 33
5.1 INTRODUCTION 33
5.2 MARKET DYNAMICS 33
5.2.1 DRIVERS 33
5.2.1.1 Stringent regulations pertaining to emission and treatment of industrial and municipal waste 33
5.2.1.2 Growing industrialization and urbanization 34
5.2.2 RESTRAINTS 35
5.2.2.1 Emerging alternatives and demand for renewable energy sources 35
5.2.3 OPPORTUNITIES 36
5.2.3.1 Increase in wastewater treatment due to depleting freshwater resources 36
5.3 PORTER’S FIVE FORCES ANALYSIS 36
5.3.1 BARGAINING POWER OF BUYERS 37
5.3.2 BARGAINING POWER OF SUPPLIERS 37
5.3.3 THREAT OF NEW ENTRANTS 37
5.3.4 THREAT OF SUBSTITUTES 37
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 38
5.4 MACROECONOMIC INDICATOR 38
5.4.1 GLOBAL GDP TRENDS AND FORECASTS 38

6 LIQUID FILTRATION MARKET, BY FABRIC MATERIAL 39
6.1 INTRODUCTION 40
6.2 POLYMER 41
6.2.1 POLYMERS HAVE BETTER PHYSICAL PROPERTIES THAN OTHER FABRIC MATERIALS 41
6.3 COTTON 42
6.3.1 COTTON IS AN ENVIRONMENTALLY FRIENDLY MATERIAL AND DOES NOT CAUSE POLLUTION 42
6.4 METAL 42
6.4.1 METAL IS SUITABLE IN HIGH-PRESSURE AND HIGH-TEMPERATURE CONDITIONS 42

7 LIQUID FILTRATION MARKET, BY FILTER MEDIA 44
7.1 INTRODUCTION 45
7.2 WOVEN 46
7.2.1 MONOFILAMENT 46
7.2.1.1 Flexibility is a major characteristic of monofilament filter media 46
7.2.2 MULTIFILAMENT 47
7.2.2.1 Multifilament filter media are UV-resistant and can be customized according to applications 47
7.3 NONWOVEN 47
7.3.1 MELT BLOWN 47
7.3.1.1 Random fiber orientation and low-to-moderate web strength of melt blown are boosting their demand 47
7.3.2 NEEDLE FELT 48
7.3.2.1 Good strength-elongation ratio and permeability characteristics are making needle felt suitable for various applications 48
7.3.3 OTHERS 49
7.4 MESH 49
7.4.1 MESH IS EXTREMELY CHEMICAL-RESISTANT 49

8 LIQUID FILTRATION MARKET, BY END USER 50
8.1 INTRODUCTION 51
8.2 MUNICIPAL TREATMENT 52
8.2.1 INCREASING GLOBAL POPULATION AND URBANIZATION ARE RESULTING IN HIGH MUNICIPAL WASTE 52
8.3 INDUSTRIAL TREATMENT 53
8.3.1 FOOD & BEVERAGE 53
8.3.1.1 Stringent hygiene standards in the food & beverage industry are boosting the market 53
8.3.2 METAL & MINING 54
8.3.2.1 Steady growth of the metal & mining industry is fueling the growth of the liquid filtration market 54
8.3.3 CHEMICAL 55
8.3.3.1 Stringent environmental norms in the industry are creating new challenges for the chemical companies 55
8.3.4 PHARMACEUTICAL 56
8.3.4.1 Water filtration is crucial to obtain high-quality products in this segment 56
8.3.5 OTHERS 57

9 LIQUID FILTRATION MARKET, BY REGION 58
9.1 INTRODUCTION 59
9.2 APAC 61
9.2.1 CHINA 63
9.2.1.1 The power plants sector is expected to generate demand for liquid filter media 63
9.2.2 INDIA 64
9.2.2.1 Government initiatives about wastewater recycling and the development of the power generation industry are propelling the market 64
9.2.3 JAPAN 65
9.2.3.1 The development of the food & beverage and pharmaceutical industries is driving the market 65
9.2.4 AUSTRALIA 66
9.2.4.1 Increased demand from the metal & mining and food & beverage industries is driving the market 66
9.2.5 REST OF APAC 67
9.3 NORTH AMERICA 68
9.3.1 US 71
9.3.1.1 Presence of a strong food & beverage industry and stringent government regulations pertaining to environmental safety are boosting the market 71
9.3.2 CANADA 72
9.3.2.1 An increase in investments in the power generation industry is favorable for market growth 72
9.3.3 MEXICO 73
9.3.3.1 The country has a large food & beverage industry, which generates high demand for filtration systems 73
9.4 EUROPE 75
9.4.1 GERMANY 78
9.4.1.1 Strong industrial base is likely to drive the liquid filtration market in Germany 78
9.4.2 UK 79
9.4.2.1 Growth of the chemical and mining industries is expected to spur the market 79
9.4.3 FRANCE 80
9.4.3.1 Well-developed industrial infrastructure is expected to lead the market growth 80
9.4.4 RUSSIA 81
9.4.4.1 Increasing industrial output is estimated to drive the market 81
9.4.5 SPAIN 82
9.4.5.1 The food & beverage industry and water treatment norms will drive the market 82
9.4.6 ITALY 83
9.4.6.1 Rapid industrialization is expected to drive the demand for liquid filtration 83
9.4.7 REST OF EUROPE 83
9.5 MIDDLE EAST & AFRICA 84
9.5.1 SAUDI ARABIA 86
9.5.1.1 Increasing chemical and mining production is expected to spur the demand for liquid filter media 86
9.5.2 UAE 87
9.5.2.1 The UAE is one of the most water-stressed countries in the world 87
9.5.3 QATAR 88
9.5.3.1 The metal & mining and chemical industries are expected to lead the liquid filtration market in Qatar 88
9.5.4 SOUTH AFRICA 89
9.5.4.1 The food & beverage and mining industries are boosting the market 89
9.5.5 REST OF MIDDLE EAST & AFRICA 89
9.6 SOUTH AMERICA 90
9.6.1 BRAZIL 92
9.6.1.1 With a growing industrial sector, Brazil is a lucrative market for liquid filter media 92
9.6.2 CHILE 93
9.6.2.1 The strong growth of the industrial sector is helping in the market growth 93
9.6.3 REST OF SOUTH AMERICA 94

10 COMPETITIVE LANDSCAPE 96
10.1 OVERVIEW 96
10.2 COMPETITIVE LEADERSHIP MAPPING, 2018 97
10.2.1 VISIONARY PLAYERS 97
10.2.2 INNOVATORS 97
10.2.3 DYNAMIC DIFFERENTIATORS 97
10.2.4 EMERGING PLAYERS 97
10.3 STRENGTH OF PRODUCT PORTFOLIO 99
10.4 BUSINESS STRATEGY EXCELLENCE 100
10.5 RANKING OF KEY PLAYERS 101
10.6 COMPETITIVE SCENARIO 102
10.6.1 INVESTMENT & EXPANSION 102
10.6.2 MERGER & ACQUISITION 102
11 COMPANY PROFILES 103
11.1 AHLSTROM-MUNKSJO 103
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MNM View)*
11.2 LYDALL, INC. 106
11.3 VALMET 109
11.4 KIMBERLY-CLARK CORPORATION 111
11.5 FREUDENBERG FILTRATION TECHNOLOGIES 113
11.6 CLEAR EDGE 115
11.7 FIBERTEX NONWOVENS 116
11.8 HOLLINGSWORTH & VOSE 117
11.9 JOHNS MANVILLE 118
11.10 SEFAR AG 119
11.11 OTHER COMPANIES 120
11.11.1 3M 120
11.11.2 AMERICAN FABRIC FILTER 120
11.11.3 AUTOTECH NONWOVENS 120
11.11.4 BERRY GLOBAL, INC 120
11.11.5 DONALDSON FILTRATION SOLUTIONS 120
11.11.6 EAGLE NONWOVENS, INC 120
11.11.7 G. BOPP + CO. AG 121
11.11.8 GKD 121
11.11.9 KAVON FILTER PRODUCTS CO. 121
11.11.10 MANN+HUMMEL 121
11.11.11 NORAFIN INDUSTRIES 121
11.11.12 SANDLER AG 121
11.11.13 SCHWEITZER-MAUDUIT INTERNATIONAL, INC 122
11.11.14 TWE GROUP 122
11.11.15 YINGKAIMO METAL NET CO. 122
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MNM View might not be captured in case of unlisted companies.
12 APPENDIX 123
12.1 DISCUSSION GUIDE 123
12.2 KNOWLEDGE STORE: 127
12.3 AVAILABLE CUSTOMIZATIONS 129
12.4 RELATED REPORTS 129
12.5 AUTHOR DETAILS 130



List of Figures



FIGURE 1 LIQUID FILTRATION MARKET SEGMENTATION 17
FIGURE 2 LIQUID FILTRATION MARKET: RESEARCH DESIGN 19
FIGURE 3 LIQUID FILTRATION MARKET: BOTTOM-UP APPROACH 23
FIGURE 4 LIQUID FILTRATION MARKET: TOP-DOWN APPROACH 23
FIGURE 5 LIQUID FILTRATION MARKET: DATA TRIANGULATION 24
FIGURE 6 LIQUID FILTRATION MARKET ANALYSIS: APPROACH-1 25
FIGURE 7 LIQUID FILTRATION MARKET ANALYSIS: APPROACH-2 26
FIGURE 8 NONWOVEN TO BE THE LARGEST FILTER MEDIA OF THE
LIQUID FILTRATION MARKET 27
FIGURE 9 POLYMER TO BE THE LARGEST FABRIC MATERIAL OF LIQUID FILTRATION 28
FIGURE 10 FOOD & BEVERAGE TO BE THE FASTEST-GROWING END USER OF LIQUID FILTRATION MARKET 28
FIGURE 11 APAC LIQUID FILTRATION MARKET TO WITNESS THE HIGHEST GROWTH RATE 29
FIGURE 12 SIGNIFICANT GROWTH PROJECTED IN THE MARKET BETWEEN 2019 AND 2024 30
FIGURE 13 NONWOVEN TO BE THE FASTEST-GROWING FILTER MEDIA DURING THE FORECAST PERIOD 30
FIGURE 14 POLYMER TO LEAD THE FABRIC MATERIAL SEGMENT 31
FIGURE 15 INDUSTRIAL TREATMENT TO BE THE LARGER END USER SEGMENT 31
FIGURE 16 INDIA TO REGISTER THE FASTEST GROWTH 32
FIGURE 17 CHINA AND MUNICIPAL TREATMENT SEGMENT ACCOUNTED FOR THE LARGEST SHARES IN THE APAC MARKET 32
FIGURE 18 DRIVERS, RESTRAINTS, AND OPPORTUNITIES IN THE LIQUID FILTRATION MARKET 33
FIGURE 19 INCREASE IN NATURAL GAS PRODUCTION WORLDWIDE, 2010–2018 35
FIGURE 20 SHARE OF WIND AND SOLAR ENERGY IN GLOBAL ELECTRICITY PRODUCTION 35
FIGURE 21 LIQUID FILTRATION MARKET: PORTER’S FIVE FORCES ANALYSIS 36
FIGURE 22 POLYMER SEGMENT TO REGISTER THE HIGHEST CAGR IN THE LIQUID FILTRATION MARKET 40
FIGURE 23 NONWOVEN TO REGISTER THE HIGHEST CAGR IN THE LIQUID FILTRATION MARKET 45
FIGURE 24 FOOD & BEVERAGE TO BE THE FASTEST-GROWING END USER OF LIQUID FILTRATION 51
FIGURE 25 APAC TO BE THE LARGEST AND FASTEST-GROWING LIQUID FILTRATION MARKET 59
FIGURE 26 LIQUID FILTRATION MARKET IN INDIA TO GROW AT THE FASTEST RATE 60
FIGURE 27 APAC: LIQUID FILTRATION MARKET SNAPSHOT 61
FIGURE 28 NORTH AMERICA: LIQUID FILTRATION MARKET SNAPSHOT 69
FIGURE 29 EUROPE: LIQUID FILTRATION MARKET SNAPSHOT 75
FIGURE 30 COMPANIES ADOPTED INVESTMENT & EXPANSION AS THE KEY GROWTH STRATEGY BETWEEN 2017 AND 2019 96
FIGURE 31 LIQUID FILTRATION MARKET: COMPETITIVE LEADERSHIP MAPPING, 2018 98
FIGURE 32 AHLSTROM-MUNKSJO LED THE MARKET IN 2018 101
FIGURE 33 AHLSTROM-MUNKSJO: COMPANY SNAPSHOT 103
FIGURE 34 AHLSTROM-MUNKSJO: SWOT ANALYSIS 105
FIGURE 35 LYDALL: COMPANY SNAPSHOT 106
FIGURE 36 LYDALL: SWOT ANALYSIS 108
FIGURE 37 VALMET: COMPANY SNAPSHOT 109
FIGURE 38 VALMET: SWOT ANALYSIS 110
FIGURE 39 KIMBERLY-CLARK CORPORATION: COMPANY SNAPSHOT 111
FIGURE 40 KIMBERLY-CLARK CORPORATION: SWOT ANALYSIS 112
FIGURE 41 FREUDENBERG FILTRATION TECHNOLOGIES: COMPANY SNAPSHOT 113
FIGURE 42 FREUDENBERG FILTRATION TECHNOLOGIES: SWOT ANALYSIS 114
FIGURE 43 FIBERTEX NONWOVENS: COMPANY SNAPSHOT 116

 

List of Tables



TABLE 1 GDP PERCENTAGE CHANGE OF KEY COUNTRIES, 2019–2024 38
TABLE 2 LIQUID FILTRATION MARKET SIZE, BY FABRIC MATERIAL 2017–2024 (USD MILLION) 40
TABLE 3 POLYMER: LIQUID FILTRATION MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 41
TABLE 4 COTTON: LIQUID FILTRATION MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 42
TABLE 5 METAL: LIQUID FILTRATION MARKET SIZE, BY REGION, 2017–2024 (USD MILLION) 43
TABLE 6 LIQUID FILTRATION MARKET SIZE, BY FILTER MEDIA, 2017–2024 (USD MILLION) 45
TABLE 7 MONOFILAMENT: LIQUID FILTRATION MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 46
TABLE 8 MULTIFILAMENT: LIQUID FILTRATION MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 47
TABLE 9 MELT BLOWN: LIQUID FILTRATION MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 48
TABLE 10 NEEDLE FELT: LIQUID FILTRATION MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 48
TABLE 11 OTHER FILTER MEDIA: LIQUID FILTRATION MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 49
TABLE 12 MESH: LIQUID FILTRATION MARKET SIZE, BY REGION, 2017–2024 (USD MILLION) 49
TABLE 13 LIQUID FILTRATION MARKET SIZE, BY END USER, 2017–2024 (USD MILLION) 51
TABLE 14 LIQUID FILTRATION MARKET SIZE IN MUNICIPAL TREATMENT, BY REGION 2017–2024 (USD MILLION) 52
TABLE 15 LIQUID FILTRATION MARKET SIZE IN FOOD & BEVERAGE, BY REGION 2017–2024 (USD MILLION) 53
TABLE 16 LIQUID FILTRATION MARKET SIZE IN METAL & MINING, BY REGION 2017–2024 (USD MILLION) 54
TABLE 17 LIQUID FILTRATION MARKET SIZE IN CHEMICAL, BY REGION 2017–2024 (USD MILLION) 55
TABLE 18 LIQUID FILTRATION MARKET SIZE IN PHARMACEUTICAL, BY REGION 2017–2024 (USD THOUSAND) 56
TABLE 19 LIQUID FILTRATION MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2017–2024 (USD THOUSAND) 57
TABLE 20 LIQUID FILTRATION MARKET SIZE, BY REGION, 2017–2024 (USD MILLION) 60
TABLE 21 APAC: LIQUID FILTRATION MARKET SIZE, BY COUNTRY, 2017–2024 (USD MILLION) 62
TABLE 22 APAC: LIQUID FILTRATION MARKET SIZE, BY FABRIC MATERIAL 2017–2024 (USD MILLION) 62
TABLE 23 APAC: LIQUID FILTRATION MARKET SIZE, BY FILTER MEDIA 2017–2024 (USD MILLION) 62
TABLE 24 APAC: LIQUID FILTRATION MARKET SIZE, BY END USER 2017–2024 (USD MILLION) 63
TABLE 25 CHINA: LIQUID FILTRATION MARKET SIZE, BY END USER 2017–2024 (USD MILLION) 64
TABLE 26 INDIA: LIQUID FILTRATION MARKET SIZE, BY END USER 2017–2024 (USD THOUSAND) 65
TABLE 27 JAPAN: LIQUID FILTRATION MARKET SIZE, BY END USER 2017–2024 (USD THOUSAND) 66
TABLE 28 AUSTRALIA: LIQUID FILTRATION MARKET SIZE, BY END USER 2017–2024 (USD THOUSAND) 67
TABLE 29 REST OF APAC: LIQUID FILTRATION MARKET SIZE, BY END USER 2017–2024 (USD THOUSAND) 68
TABLE 30 NORTH AMERICA: LIQUID FILTRATION MARKET SIZE, BY COUNTRY 2017–2024 (USD MILLION) 69
TABLE 31 NORTH AMERICA: LIQUID FILTRATION MARKET SIZE, BY FABRIC MATERIAL 2017–2024 (USD MILLION) 70
TABLE 32 NORTH AMERICA: LIQUID FILTRATION MARKET SIZE, BY FILTER MEDIA 2017–2024 (USD MILLION) 70
TABLE 33 NORTH AMERICA: LIQUID FILTRATION MARKET SIZE, BY END USER 2017–2024 (USD MILLION) 71
TABLE 34 US: LIQUID FILTRATION MARKET SIZE, BY END USER 2017–2024 (USD THOUSAND) 72
TABLE 35 CANADA: LIQUID FILTRATION MARKET SIZE, BY END USER 2017–2024 (USD THOUSAND) 73
TABLE 36 MEXICO: LIQUID FILTRATION MARKET SIZE, BY END USER 2017–2024 (USD THOUSAND) 74
TABLE 37 EUROPE: LIQUID FILTRATION MARKET SIZE, BY COUNTRY 2017–2024 (USD MILLION) 76
TABLE 38 EUROPE: LIQUID FILTRATION MARKET SIZE, BY FABRIC MATERIAL 2017–2024 (USD MILLION) 76
TABLE 39 EUROPE: LIQUID FILTRATION MARKET SIZE, BY FILTER MEDIA 2017–2024 (USD MILLION) 77
TABLE 40 EUROPE: LIQUID FILTRATION MARKET SIZE, BY END USER 2017–2024 (USD MILLION) 77
TABLE 41 GERMANY: LIQUID FILTRATION MARKET SIZE, BY END USER 2017–2024 (USD THOUSAND) 78
TABLE 42 UK: LIQUID FILTRATION MARKET SIZE, BY END USER 2017–2024 (USD THOUSAND) 79
TABLE 43 FRANCE: LIQUID FILTRATION MARKET SIZE, BY END USER 2017–2024 (USD THOUSAND) 80
TABLE 44 RUSSIA: LIQUID FILTRATION MARKET SIZE, BY END USER 2017–2024 (USD THOUSAND) 81
TABLE 45 SPAIN: LIQUID FILTRATION MARKET SIZE, BY END USER 2017–2024 (USD THOUSAND) 82
TABLE 46 ITALY: LIQUID FILTRATION MARKET SIZE, BY END USER 2017–2024 (USD THOUSAND) 83
TABLE 47 REST OF EUROPE: LIQUID FILTRATION MARKET SIZE, BY END USER 2017–2024 (USD THOUSAND) 84
TABLE 48 MIDDLE EAST & AFRICA: LIQUID FILTRATION MARKET SIZE, BY COUNTRY 2017–2024 (USD MILLION) 84
TABLE 49 MIDDLE EAST & AFRICA: LIQUID FILTRATION MARKET SIZE, BY FABRIC MATERIAL, 2017–2024 (USD MILLION) 85
TABLE 50 MIDDLE EAST & AFRICA: LIQUID FILTRATION MARKET SIZE, BY FILTER MEDIA, 2017–2024 (USD MILLION) 85
TABLE 51 MIDDLE EAST & AFRICA: LIQUID FILTRATION MARKET SIZE, BY END USER 2017–2024 (USD THOUSAND) 86
TABLE 52 SAUDI ARABIA: LIQUID FILTRATION MARKET SIZE, BY END USER 2017–2024 (USD THOUSAND) 87
TABLE 53 UAE: LIQUID FILTRATION MARKET SIZE, BY END USER 2017–2024 (USD THOUSAND) 88
TABLE 54 QATAR: LIQUID FILTRATION MARKET SIZE, BY END USER 2017–2024 (USD THOUSAND) 88
TABLE 55 SOUTH AFRICA: LIQUID FILTRATION MARKET SIZE, BY END USER 2017–2024 (USD THOUSAND) 89
TABLE 56 REST OF MIDDLE EAST & AFRICA: LIQUID FILTRATION MARKET SIZE, BY END USER, 2017–2024 (USD THOUSAND) 90
TABLE 57 SOUTH AMERICA: LIQUID FILTRATION MARKET SIZE, BY COUNTRY 2017–2024 (USD MILLION) 90
TABLE 58 SOUTH AMERICA: LIQUID FILTRATION MARKET SIZE, BY FABRIC MATERIAL 2017–2024 (USD MILLION) 91
TABLE 59 SOUTH AMERICA: LIQUID FILTRATION MARKET SIZE, BY FILTER MEDIA 2017–2024 (USD MILLION) 91
TABLE 60 SOUTH AMERICA: LIQUID FILTRATION MARKET SIZE, BY END USER 2017–2024 (USD THOUSAND) 92
TABLE 61 BRAZIL: LIQUID FILTRATION MARKET SIZE, BY END USER 2017–2024 (USD THOUSAND) 93
TABLE 62 CHILE: LIQUID FILTRATION MARKET SIZE, BY END USER 2017–2024 (USD THOUSAND) 94
TABLE 63 REST OF SOUTH AMERICA: LIQUID FILTRATION MARKET SIZE, BY END USER, 2017–2024 (USD THOUSAND) 95
TABLE 64 INVESTMENT & EXPANSION, 2018 102
TABLE 65 MERGER & ACQUISITION, 2017 102