China Filtration And Drying Equipment Market Size & Outlook
China filtration and drying equipment market, 2018-2030 (US$M)
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China filtration and drying equipment market highlights
- The China filtration and drying equipment market generated a revenue of USD 244.8 million in 2023 and is expected to reach USD 473.7 million by 2030.
- The China market is expected to grow at a CAGR of 9.9% 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.
Filtration and drying equipment market data book summary
| Market revenue in 2023 | USD 244.8 million |
| Market revenue in 2030 | USD 473.7 million |
| Growth rate | 9.9% (CAGR from 2023 to 2030) |
| Largest segment | Agitated nutsche filter-dyers (anfd) |
| Fastest growing segment | Agitated Nutsche Filter-Dyers (ANFD) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, China accounted for 17.6% of the global filtration and drying equipment market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China filtration and drying equipment market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 205.1 million by 2030.
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Filtration And Drying Equipment Market Scope
Filtration And Drying Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 54.13% in 2023. Horizon Databook has segmented the China 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 aging population, growing health consciousness, and increasing total and per capita healthcare spending all contribute to China's pharmaceutical industry's rise. Due to restrictions on antibacterial medications and stringent guidelines for health insurance reimbursement, China's hospitals are likely to experience significant issues.
For international pharmaceutical corporations in China, obstacles include competitive pricing pressure, erratic medication approval timelines, and the implementation of drug regulatory reforms. In addition to significant investment, the government has implemented a series of broad changes to the regulatory environment.
The policy schemas outlined in China's 14th Five-Year Plan and the Healthy China 2030 initiative each emphasize the significance of healthcare reforms, such as decreasing insurance coverage disparities and strengthening public services.
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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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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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Horizon Databook provides a detailed overview of country-level data and insights on the China filtration and drying equipment market , including forecasts for subscribers. This country databook contains high-level insights into China filtration and drying equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China filtration and drying equipment market size, by technology, 2018-2030 (US$M)
China Filtration And Drying Equipment Market Outlook Share, 2023 & 2030 (US$M)
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