Mexico Filtration And Drying Equipment Market Size & Outlook
Mexico filtration and drying equipment market, 2018-2030 (US$M)
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Mexico filtration and drying equipment market highlights
- The Mexico filtration and drying equipment market generated a revenue of USD 35.4 million in 2023 and is expected to reach USD 61.5 million by 2030.
- The Mexico market is expected to grow at a CAGR of 8.2% 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 35.4 million |
| Market revenue in 2030 | USD 61.5 million |
| Growth rate | 8.2% (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, Mexico accounted for 2.5% 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 North America, U.S. filtration and drying equipment market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 61.5 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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Mexico 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 46.89% in 2023. Horizon Databook has segmented the Mexico 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.
According to Wisconsin Economic Development Corporation, as a major producer of medicines such as anti-inflammatory drugs, antibiotics, and cancer treatments, the country is projected to produce USD 13 billion in pharmaceutical sales by 2028.
Mexican pharmaceutical companies are constantly developing and introducing new drugs to the market. Approximately 90% of Mexico's pharmaceutical production is for the domestic market.
Further, the country has signed numerous Free Trade Agreements with more than 30 countries, including Canada, the U.S., Japan, and Israel. Filtration & drying equipment allows for the purification of media and the removal of debris or other contaminants within the system in the pharmaceutical industry.
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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 Mexico filtration and drying equipment market , including forecasts for subscribers. This country databook contains high-level insights into Mexico filtration and drying equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico filtration and drying equipment market size, by technology, 2018-2030 (US$M)
Mexico Filtration And Drying Equipment Market Outlook Share, 2023 & 2030 (US$M)
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