Asia Pacific Filtration And Drying Equipment Market Size & Outlook
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Asia Pacific filtration and drying equipment market highlights
- The Asia Pacific filtration and drying equipment market generated a revenue of USD 573.2 million in 2023.
- The market is expected to grow at a CAGR of 9.5% from 2024 to 2030.
- In terms of segment, agitated nutsche filter-dyers (anfd) was the largest revenue generating technology in 2023.
- Agitated Nutsche Filter-Dyers (ANFD) is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 573.2 million |
| Market revenue in 2030 | USD 1,080.6 million |
| Growth rate | 9.5% (CAGR from 2023 to 2030) |
| Largest segment | Agitated nutsche filter-dyers (anfd) |
| Fastest growing segment | Agitated Nutsche Filter-Dyers (ANFD) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Centrigues, Agitated Nutsche Filter-Dyers (ANFD) |
| Key market players worldwide | GMM Pfaudler, Hle Glascoat, Alfa Laval AB, GEA Group AG, Ferrum, Andritz AG |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 41.1% of the global filtration and drying equipment market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,080.6 million by 2030.
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Filtration And Drying Equipment Market Scope
Filtration And Drying Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Andritz AG | View profile | 29717 | Stattegger Strasse 18, Graz, Austria, 8045 | https://www.andritz.com |
| Ferrum | View profile | 1-10 | Toronto, Ontario, Canada, North America | https://ferrumsolution.com/ |
| Hle Glascoat | View profile | 101-250 | Anand, Gujarat, India, Asia | https://www.hleglascoat.com/ |
| GMM Pfaudler | View profile | 501-1000 | Mumbai, Maharashtra, India, Asia | http://www.gmmpfaudler.com |
| GEA Group AG | View profile | 19581 | Peter-Muller-Strasse 12, Dusseldorf, Germany, 40468 | https://www.gea.com |
| Alfa Laval AB | View profile | 21441 | Rudeboksvagen 1, P.O. Box 73, Lund, Sweden, SE-221 00 | https://www.alfalaval.com |
Asia Pacific filtration and drying equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to filtration and drying equipment market will help companies and investors design strategic landscapes.
Agitated nutsche filter-dyers (anfd) was the largest segment with a revenue share of 52.16% in 2023. Horizon Databook has segmented the Asia Pacific filtration and drying equipment market based on centrigues, agitated nutsche filter-dyers (anfd) covering the revenue growth of each sub-segment from 2018 to 2030.
The demographics of the region are diverse as it includes industrialized countries such as Japan, South Korea, Singapore, Taiwan, and Australia, as well as emerging economies such as Thailand, Indonesia, Vietnam, Malaysia, Bangladesh, Philippines, China, and India.
As a result of a growing middle-class population that spends more on health and is more conscious of chronic ailments, countries such as China, India, and Indonesia are witnessing tremendous expansion in the pharmaceutical business.
Many factors contribute to this, including population size, particularly among the elderly, GDP per capita, health expenditures, regulatory regimes, physician attitudes, and increased illness incidence. The region's pharmaceutical industry is adapting to new technologies, innovation, and digital transformation to drive industry trends and reforms and ensure that patient care programs and initiatives become sustainable.
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Target buyers of Asia Pacific filtration and drying equipment market databook
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Our clientele includes a mix of filtration and drying equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific filtration and drying equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific filtration and drying equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific filtration and drying equipment market size, by country, 2018-2030 (US$M)
Asia Pacific Filtration And Drying Equipment Market Outlook Share, 2023 & 2030 (US$M)
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