Report Highlights
The global market for water filtration 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.
Report Includes
- 48 data tables and 33 additional tables
- Analysis of the global markets for water filtration technology
- Discussion of global market trends, using market revenue data for 2023, estimates for 2024, and projected CAGRs through 2029
- Estimate of the current market size and revenue growth prospects, along with a market share analysis by filter type, technology, application and region
- Facts and figures pertaining to market dynamics, current and emerging technologies, regulations, and other trends, including macroeconomic factors
- Overview of sustainability trends and ESG developments in the industry, with a focus on consumer attitudes, companies’ ESG score rankings and their ESG practices
- An analysis of patent activity
- A discussion of the industry structure, including companies’ market shares, M&A activity and venture funding outlook
- Profiles of the leading market players, including 3M, Donaldson Co. Inc., Kovalus Separation Solutions, Veolia, and Toray Industries Inc.
Report Scope
In its analysis of the global market for water filtration, the report segments the market by filter type (depth filters and surface filters), technology (membrane-based and non-membrane-based) and application (water purification and desalination systems). The report also segments the market into four regions: North America, Europe, Asia-Pacific and the Rest of the World. The report scope excludes revenues generated from water filtration services, equipment, and systems (e.g., water purifiers and water purification plants). The scope is limited to the market values that are measured at the level of manufacturers of water filtrations membranes and non-membrane water filters. The base year for the market study is 2023, and the estimates and forecasts are for 2024 to 2029. The market estimates are provided in millions U.S. dollars.
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 | ||||||||||
| Units considered | $ Millions | ||||||||||
| Segments 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 |
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| Companies studied |
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Frequently Asked Questions (FAQs)
- Water scarcity
- Water quality issues
- Advancements in water filtration technologies.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Report Highlights
The global market for water filtration systems reached $6.0 billion in 2021. The market should grow from $6.6 billion in 2022 to $12.1 billion by 2027, at a compound annual growth rate (CAGR) of 12.9% during 2022-2027.
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