Global Portable Filtration System Market Report and Forecast 2024-2032

Global Portable Filtration System Market Outlook

The global portable filtration system market size is likely to grow at a CAGR of 1.40% between 2024 and 2032, aided by rapid technological advancements across the globe.

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News and Developments in the Global Portable Filtration System Market

In May 2021, Parker Hannifin Corp announced the launch of its new series of portable desiccant compressed air dryers and portable oil vapour removal systems for the rental equipment industry. The new series includes a variety of thorough compressed air treatment systems, each with several filtration stages, a twin tower desiccant drier, an optional integrated aftercooler, a water separator package, and an industry-leading programmable logic controller (PLC). These product launches are likely to increase the portable filtration system market share.

In April 2021, Donaldson Company, Inc. introduced the Filter Minder Connect solution at the Technology and Maintenance Council (TMC) Spring Meeting. It can be used to regulate engine oil quality and also fuel filters.

Growth in Oil and Gas Industry, Increasing Demand in End-Use Industries, and Rising Electricity Demand to be Among the Key Market Trends

As per portable filtration systems market research report, these systems are the preferable tools to remediate contaminated systems. It also helps in flushing new equipment during commissioning or periodically decontaminating systems that have inadequate onboard filtration to meet objective cleanliness levels.

In this offline filtration unit, the fluid is drained out from the reservoir, went through the filter, and then allowed to go back in a continuous trend, separate from the operation of the primary hydraulic circuit.

Booming Oil and Gas Industry

The market is expanding due to the burgeoning oil and gas industry, the rising demand for filters to remove contaminants from various process systems, including fuel gas and glycol dehydration units, among others, and the expansion of manufacturing activities.

Increasing Demand in Various Industries

The growth in the automotive, construction, and power generation industries, along with the rising demand for filtration technology and separation process in various industries are anticipated to bolster the market demand for the product.

Rising Awareness About Clean Water

One of the key market trends is the rising demand for these devices in the residential sector as a result of increasing awareness of the advantages of clean water, such as the reduction of skin irritations like eczema and psoriasis.

Increasing Demand for Electricity

With the increasing disposable incomes and the surging demand for digitally connected devices and air conditioning, the demand for electricity is expected to increase which is further anticipated to increase the demand for portable filtration systems.

Use of Oil and Gas as Relief Unit, Rising Power Generation Industry, and Increasing Use of Biofuels to Offer Lucrative Growth Opportunities to the Market

Use of Oil and Gas as Relief Unit

The potential of oil and gas to be consumed as a relief unit for the main filtration system and reclaiming used fluid is likely to propel the market growth.

Rapid Growth in Power Generation Industry

The rising demand for energy, growth in the power generation industry, and stringent environmental regulation are expected to positively influence the market opportunities.

Increasing Use of Biofuels

The surging usage of biofuels is likely to boost the demand for for the product as biofuels promote clean energy. Biofuel such as ethanol generates around 48% less carbon dioxide as compared to conventional gasoline. Moreover, the surge in the usage of portable filtration as a mechanism to eliminate the impurities in biofuel is expected to aid the market growth.

Low-Cost Alternatives, Renewable Energy Sources, and High Cost Likely to Impede the Market Growth

Emerging Renewable Energy Sources

The emerging alternate and renewable energy sources are impacting the power generation industry, which in turn, is hampering the market growth.

Availability of Low-Cost Alternatives

The availability of low-cost alternatives is posing a risk to the growth of the portable filtration systems market.

High Cost of Production

Elevated costs linked with the production of portable filtration systems are likely to obstruct the market growth.

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Global Portable Filtration System Market Analysis

Based on technology, the market can be segmented into pressure filtration, centrifugal filtration, and vacuum filtration. The market is categorised on the basis of flow rates into 0–10 GPM, 11–20 GPM, 21–60 GPM, 61–100 GPM, and above 100 GPM.

The end-users of the market include manufacturing, oil and gas, power generation, petrochemicals, paper and pulp, among others. The regional markets can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following portable filtration system companies, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.

• Parker Hannifin Corp

• Donaldson Company, Inc.

• HYDAC International Gmbh

• Des- Case Corporation

• MP Filtri S.p.A.

• Trico Corporation

• Fischer-Robertson, Inc.

• Others

Pressure Filtration Technology to Hold a Significant Share in the Market

According to portable filtration system market report, the pressure filtration technology holds a significant share in the market and is also expected to gain momentum during the forecast period. Pressure filters are built and manufactured with various filtering media like sand or activated carbon. Filters like these are likely to be employed as polishing units for industrial water treatment. It is a closed tank with a solitary or a combination of filter media for the elimination of one or numerous contaminants.

Centrifugal filtration particularly eliminates free water and  contains high initial and operating costs associated with other technologies. Centrifugation is a procedure used to separate or concentrate materials suspended in a liquid medium. It consumes gravity as well as centrifugal force to split particles heavier than the liquid medium.

The process of separating solid from liquid using a filter element is known as vacuum filtration. In This, the particulates cake on the outside of the filter as the vacuum provides a driving force that draws the liquid through it. Additionally, vacuum helps to achieve a higher level of dryness, improving yield and recovering a purer liquid. It is projected that the demand for vacuum filtration would increase due to the rapidly expanding use of such filtration in laboratories and large-scale operations.

0-10 GPM Flow Rate to Dominate the Portable Filtration System Market

On the basis of flow rate, the market is segmented into 0–10 GPM, 11–20 GPM, 21–60 GPM, 61–100 GPM and above 100 GPM. The 0-10 GPM segment is holding a major share in the market as it is the most common flow rate and has a wide range of applications in most industrial processes. The cost-effective small portable filtration system with low flow rates and a high to medium viscosity range is driving the growth of the 0-10 GPM segment.

Power Generation, Manufacturing, Oil and Gas, Paper and Pulp, and Petrochemicals are the Major End-Users

Filtration is a significant element in power generation systems and is likely to drive the segment growth in the market. The power generation filters operate as equipment that is utilised to eliminate contaminants from the fluid used to generate power. Various types of fluids are utilised to generate power containing water, oil, and air. These fluids require filtration for the efficient generation of power.

An increase in manufacturing activities, especially in a region like Asia Pacific, owing to favourable government policies and initiatives has fuelled the growth of the market.

The oil and gas segment is projected to gain momentum over the forecast period on account of the surging growth in exploration activities across the globe. The oil and gas upstream purification, such as portable filtration systems are likely to offer economic gains and convenience to end-users and is further anticipated to bolster the segment growth in the portable filtration system market over the coming years.

Filtration is one of the essential key processes in the pulp and paper production process. With refining, the bleaching efficiency of the bleaching preparation, and cleanliness of the pulp, the growth of the pulp and paper segment is likely to propel. It is essential to offer a suitable solution according to the needs of the on-site production process when installing and designing a filtration system in a pulp and paper mill.

In the petrochemical segment, an efficient separation or filtration system is crucial for the functioning of the physical assets that process petroleum products. Augmenting the reliability of these filtration systems is critical in expanding operational performance.

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Asia Pacific to Have a Strong Hold on the Global Portable Filtration System Market

The Asia Pacific region is expected to witness a significant growth rate in the market on account of the rise in power generation capacity and the expansion in the manufacturing industry, especially in countries like China and India. Also, the growth in the construction, power generation, and automotive industries are likely to propel the market demand in countries like Australia, Japan, and China.

Moreover, an upsurge in economic growth coupled with rapid industrialisation and urbanisation, and surging usage of the equipment as a backup in the rest of Asia Pacific are anticipated to fuel the growth the market.

Meanwhile, North America is anticipated to register substantial growth in the portable filtration system market due to the increased shale gas activities, surging manufacturing activities in the region and the United States government’s plan to refurbish its infrastructure.

Competitive Landscape

Parker Hannifin Corp. is one of the leading motion-control business committed to providing first-class customer service. The company is the only one that offers its customers a selection of hydraulic, electromechanical, and pneumatic motion control options. The filtration group produces, develops, and sells high-quality filtration and clarification products, offering customers excellent quality, value, technical support, and accessibility worldwide.

Donaldson Company, Inc. is a global leading company delivering engine and industrial air, oil, and liquid filtration solutions. It facilitates resolving some of the world's most complicated filtration and contamination control disputes, thus adding further growth to the market value. Their filtration technologies and products are employed daily in several industries and environments, involving aerospace, agriculture, construction, food and beverage, manufacturing, mining, power generation, transportation, and many more.

HYDAC International Gmbh is a German company that specialises in the production and distribution of components and systems along with services related to fluidics and hydraulics. HYDAC assists wherever fluid technology is essential in conjunction with electronics and engineering.

Des-Case Corporation has set a worldwide benchmark by supplying the lubricant industry with innovative solutions to equipment life. The company specialises in mechanical or industrial engineering, industrial machinery and equipment areas.

MP Filtri S.p.A., prioritises innovation during the design process by fusing efficiency and technology. The company offers a wide range of products for all mobile and industrial hydraulic and lubrication applications using filters, components, and accessories in addition to bell housing and drive couplings for power transmission systems.

Trico Corporation delivers consumers lubrication management solutions with an emphasis on industrial equipment reliability and performance. The company provides high-performance, with our proactive lubrication management guidance, in-plant services along with globally recognized lubrication products, and oil analysis services.

Fischer-Robertson, Inc. is a prominent filtration and separation distributor and manufacturer.  The company has over 150 years of combined filtration experience as it started out by supplying pumps, valves, and filtration equipment and today the company has become a proven distributor to numerous markets containing food and beverage, chemical process, general industrial manufacturing, electronics, utilities, biopharmaceutical, and aviation.

Key Highlights of the Report