Global Portable Filtration System Market Size, Industry Analysis, Growth Drivers, Trends, Regional Outlook, Demand By Technology, Flow Rate, End-USer, & Geography - Industry Forecast 2016-2024

Global Portable Filtration System Market

Market Overview

The portable filtration system is an offline filtration unit, where the fluid can be impelled out of the reservoir, passed through the filter, and is allowed to return in a continuous fashion, independent of the operation of the main hydraulic circuit. These types of filters can be moved from one reservoir to another for tuning multiple machines. The factors such as stringent government regulations, upcoming power projects, and execution of the filtration technology to decrease the emission of harmful pollutants in power plants with rapid industrialization is driving the market of global portable filtration system market.

Goldstein Research analyst forecast the portable filtration system market size is set to reach USD 671.28 million by 2024, at a CAGR of 4.0% over the forecast years. Major companies are focusing on increasing product portfolio and expanding consumer base.

Covered In This Global Portable Filtration System Market Report           

The report covers the present ground scenario and the future growth prospects of the global portable filtration system market for 2016-2024 along with the new product launches, collaborations, and acquisitions by the market players. We calculated the market size and revenue share on the basis of revenue generated from major players across the globe.

Global Portable Filtration System Market Segmentation

By Technology

• Pressure Filtration
• Centrifugal Filtration
• Vacuum Filtration

 By Flow Rate

• 0–10 US GPM
• >10–20 US GPM
• >20–60 US GPM
• >60–100 US GPM
• Above 100 US GPM

By End User

• Power Generation
• Manufacturing Sector
• Oil & Gas Industry
• Paper and Pulp Industry
• Petrochemicals Industry
• Pharmaceutical Industry

Based on Geography

• North America (U.S. & Canada) Portable Filtration System Market {Market Share (%), Market Size(USD Billion)}
• Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Portable Filtration System Market {Market Share (%), Market Size(USD Billion)}
• Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) Portable Filtration System Market {Market Share (%), Market Size(USD Billion)}
• Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) Portable Filtration System Market {Market Share (%), Market Size(USD Billion)}
• Middle East & Africa (GCC, South Africa, North Africa, RoMEA) Portable Filtration System Market {Market Share (%), Market Size(USD Billion)}

On the basis of flow rate, 0-10 US GPM held the highest market share of 30.8% in 2016 as this segment finds application in almost every industrial processes such as pharmaceutical, medicines, petrochemicals etc. these small portable filtration systems are comparatively of less cost with low flow rates and a high to medium viscosity range.

Portable Filtration System Market Trends, Drivers, & Challenges

Portable Filtration System Market outlook 2016-2024, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the global portable filtration system market. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Global portable filtration system market report also recognizes value chain analysis to understand the cost differentiation to provide competitive advantage to the existing and new entry players.

Our global portable filtration system market report comprises of the following companies as the key players: Parker-Hannifin, Pall, Bosch Rexroth, Eaton and Donaldson Company.

Other high-flying vendors in the market are: HYDAC International, Walter Stauffenberg and Y2K Fluid Power.

One of the major trends in the global portable filtration system market is use of nanotechnology for filtering water which uses titanium dioxide nanotechnology instead of usual polymer-based water filtration membranes as it kills bacteria and uses ultraviolet rays to break down the organic compounds. This water filter is environmental friendly as it diminishes biofouling or the accretion of the microorganisms that typically grow on wet spaces. For instance, Nano Sun of Singapore’s Nanyang Technological University developed a multi-functional water filtration membrane.

According to the report, major driving factor for portable filtration system market is the increase of travel and tourism where people are travelling to remote locations and third world countries, finding clean and safe water to drink can be extremely difficult.  These filters are easy to carry that weigh almost 350g and are cheap in cost i.e. between USD 25-USD 35 in the US and around £30 in the UK.

Further, the report states the major challenge is that most people are still unaware of the portable filtration systems. According to United Nations, about 11.0% of the world’s population almost 800 million people still don’t have access to the portable systems which is hampering the global portable filtration system market.   

Based on geography, Asia Pacific dominated the global portable filtration system market with a share of more than 41.02% in 2016 and it is expected to maintain its dominance over the forecast period owing to the large number of power generation plants and refineries in the region. Whereas, North America is growing steadily with a market share of 29.0% due to growing investment in the power generation and consumption which is making the potable filtration system market more productive.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key questions answered in this Portable Filtration System Market report

• What is the total market size by 2024 and what would be the expected growth rate of market?
• What is the revenue of portable filtration system market in 2015-16 and what would be the expected demand over the forecast period?
• What are the key market trends?
• What are the factors which are driving this market?
• What are the major barriers to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities for the existing and entry level players?
• What are the recent developments and business strategy of the key players?

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