The East Asia safety and process filter industry size reached USD 6,635.1 million in 2023. Over the forecast period, demand is anticipated to rise at 7.6% CAGR. Total value is predicted to increase from USD 7,075.7 million in 2024 to USD 14,722.5 million by 2034.
The petrochemical and refinery industry is becoming increasingly reliant on precision filtration to provide improved performance and dependability for seamless operations. Hence, there is expected to be a surging demand for safety and process filters in East Asia. The analysis shows that the target segment is projected to thrive at 7.9% CAGR during the assessment period.
| Attributes | Description |
|---|---|
| Estimated East Asia Safety and Process Filter Industry Size (2024E) | USD 7,075.7 million |
| Projected East Asia Safety and Process Filter Industry Value (2034F) | USD 14,722.5 million |
| Value-based CAGR (2024 to 2034) | 7.6% |
The sector size of safety and process filters in East Asia is set to expand around 2.1X through 2034. This is due to factors such as rising awareness of emission control, product quality assurance, and stringent regulatory standards. In addition, the need for asset protection and equipment reliability in several industries and a high emphasis on automation are estimated to bolster demand.
Expansion of end-use industries like shipyards, refineries, petrochemical and chemical plants, fuel storage facilities, and environmental engineering is projected to be one of the key growth factors influencing the safety and process filter industry in East Asia. These include requiring safety and process filters for multiple operations.
The adoption of filtration technology to reduce pollution, conserve resources, and encourage eco-friendly practices is driven by the strict regulatory landscape of safety and process filters in East Asia. Increasing awareness of environmental challenges and sustainability is also set to contribute to high demand.
Industrial filters are essential for pollution prevention, wastewater treatment, and emissions reduction. This is projected to push demand as government bodies are mandating use to help meet corporate sustainability goals.
As per the safety and process filter industry forecast in East Asia, China is expected to retain dominance in East Asia during the forecast period. The country is set to hold around 60.8% of the share in 2024.
China has a diverse industrial landscape, encompassing a wide range of businesses such as petrochemicals, shipbuilding, refineries, fuel storage, and chemical industries. Increased industrial activities in the country drive demand for safety and process filters across varied applications and end-use industries.
Rapid investments in infrastructure projects, manufacturing facilities, and industrial zones are also set to propel the penetration of eco-friendly safety and process filters in East Asia. Installing filtration systems is essential for safe and effective operation, equipment protection, and regulatory compliance of newly constructed petrochemical plants, refineries, shipyards, and chemical complexes.
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The table below presents a comparative assessment of the variation in CAGR over six months for the base year (2023) and current year (2024) for the East Asia safety and process filter sector. This analysis reveals significant shifts in sector performance and indicates revenue realization patterns, thereby providing stakeholders with a better vision of the growth trajectory over the year. The first half of the year, or H1, spans from January to June. The second half, H2, includes the months from July to December.
| Particular | Value CAGR |
|---|---|
| H1 | 7.4% (2023 to 2033) |
| H2 | 7.7% (2023 to 2033) |
| H1 | 7.5% (2024 to 2034) |
| H2 | 7.7% (2024 to 2034) |
For the period 2023 to 2033, H1 is projected to rise at a CAGR of 7.4%, while H2 is anticipated to surge slightly faster at 7.7%. This suggests that H2 is estimated to have a marginally stronger growth trajectory compared to H1 over the next decade.
For the subsequent period, 2024 to 2034, the CAGR for H1 increases slightly to 7.5%, indicating a small improvement in the growth rate. In contrast, H2 maintains a consistent CAGR of 7.7% for both periods. In H1, the business witnessed an increase of 10 BPS, while in H2, it failed to showcase any significant changes in terms of growth.
Automation in Filtration Processes Influences Application of Safety and Process Filters
An in-depth analysis of consumer preferences for different types of safety and process filters in East Asia shows that increasing adoption of automation would augment growth. Automation improves filter performance and efficiency by simplifying filtration procedures and lowering operator involvement. Precise filtering parameter change is made possible by real-time monitoring and control, which maximizes throughput and reduces downtime.
Automation also makes predictive maintenance and remote monitoring possible. The process does this by utilizing Industry 4.0 technology and data analytics to identify patterns and foresee maintenance needs ahead of time. As a result, labor costs are decreased, process dependability is increased, and operational efficiency is improved. All of these are likely to lead to cost savings and expansion of the safety and process filter sector in East Asia.
Automation further helps filtration systems become highly flexible and scalable, which enables companies to better adjust to shifting production needs and process specifications. When production numbers, product specifications, or operational requirements change, modular automation systems make it simple to expand and reconfigure.
Integrating with other smart manufacturing technologies makes it easy for the entire company to share data, make decisions, and optimize processes. Advanced safety and process filters are projected to become immensely popular as companies adopt automation to streamline operations.
The trend is anticipated to spur technological advancements in the production of safety and process filters in East Asia. This is projected to help highlight the critical role automation plays in improving filtration processes.
Growing Demand for Clean and Safe Working Environment to Bolster Sales
Rapid expansion of several sectors, including manufacturing, pharmaceuticals, and electronics, in East Asia is projected to create new growth opportunities. This growth is pushing the need for a clean and safe working environment, thereby increasing the demand for protective components like filters. As factories become more diverse, the importance of maintaining a clean working environment becomes paramount.
Safety filtration techniques are emerging as indispensable elements, carefully screening for contaminants and ensuring worker welfare and equipment integrity. In this type of operating environment, water filtration solutions remain an important pillar of supporting sustainable development and fostering a culture of safety and efficiency.
Need to Comply with Strict Emissions Norms to Create High Demand
In the current era of increased environmental awareness, pollution concerns have become a key motivator for social pressures and regulatory changes. These often lead to the high requirement for clean practices. One of the industry trends in safety and process filters in East Asia is the rising demand for advanced solutions to comply with strict emissions regulations.
Companies are under constant pressure to lessen environmental effects and cut down on greenhouse gas emissions from industrial processes on a regional scale. As a result, the demand for filters that can efficiently capture and reduce contaminants has experienced tremendous growth. These filters are important for maintaining the balance of the ecosystem, safeguarding public health, and conserving fresh water and air.
Principal Consultant
Sales of safety and process filters grew at a CAGR of 3.3% between 2019 and 2023 in East Asia. Total revenue reached about USD 6,635.1 million in 2023. In the forecast period, the region is set to thrive at a CAGR of 7.6%.
The sector witnessed steady growth between 2019 and 2023. This was due to increasing activities across petrochemicals, marine, and process industries. Also, rising stringency in emission regulations across several sectors further created a strong requirement for advanced safety and process filters in East Asia.
Over the forecast period, the sector is poised to exhibit healthy growth, totaling a value of USD 14,722.5 million by 2034. This growth is anticipated to be driven by rapid expansion of refineries and petrochemical plants in the region.
Safety and separation operations in refineries and chemical plants are projected to improve significantly in the coming years. This growth will likely be pushed by evolving demands and technological innovations in East Asia.
Stringent regulatory standards are focusing on environmental compliance and workplace safety. Hence, advanced filtering solutions are set to be increasingly relied upon to meet internal requirements to address this difficulty.
Specially designed extraction technology that can withstand the harsh conditions of refineries and petrol stations is projected to become available in emerging areas. In addition, more emphasis is estimated to be placed on operational efficiency and cost-effectiveness. This is further anticipated to lead to rising adoption of new sorting systems aimed at increasing productivity, reducing waste generation, and lowering energy usage.
Tier 1 companies comprise leaders with a revenue of above USD 500 million, capturing a significant share of 45 to 50% in East Asia. These leaders are characterized by high production capacity and a wide product portfolio.
The companies are distinguished by extensive expertise in manufacturing and a broad geographical reach underpinned by a robust consumer base. These provide a wide range of products by utilizing the latest technology and meeting regulatory standards. Prominent companies within Tier 1 include Parker Hannifin Corporation, Eaton Corp, Freudenberg Filtration Technologies, 3M Company, and Pall Corporation.
Tier 2 companies include mid-sized players with revenue of below USD 500 million. These companies have a considerable presence in specific countries and are highly influencing the local sector.
The companies are characterized by a strong presence overseas. These players have cutting-edge, cost-effective technology that helps ensure regulatory compliance. However, these but may not have advanced manufacturing processes and wide regional reach. Prominent companies in Tier 2 include Pentair Plc, Mann+Hummel Group, Filtration Group Company, Donaldson Company, Inc., and Merck KGaA, among others.
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The East Asia safety and process filter sector is likely to be impacted by the peer or tangential sectors in the industrial automation division. These include other sectors, such as the industrial filtration and the industrial fuel filter sectors. Analysis of these related sectors can provide deeper insights that may be helpful for developing unique differentiating strategies to pursue growth and opportunity.
Industrial Filtration Industry Assessment:
Growing demand for organic food and beverages with rising health consciousness among millennials is anticipated to push the need for organic farming. This will likely accelerate sales of industrial filtration systems worldwide.
| Attributes | Description |
|---|---|
| Related Industry | Industrial Filtration Industry |
| CAGR (2023 to 2033) | 16.8% |
| Growth Factor | Rising use of activated carbon filters in the water treatment sector |
| Opportunity | Implementation of stringent norms to reduce water and air pollution emissions |
| Key Trend | Growing prevalence of obesity, heart issues, and diabetes |
Industrial Fuel Filter Industry Assessment:
In developing countries like India and China in Asia Pacific, government agencies are implementing strict norms to reduce pollution levels. Hence, the oil and gas sector is projected to embrace innovative fuel filters to comply with such norms.
| Attributes | Description |
|---|---|
| Related Industry | Industrial Fuel Filter Industry |
| CAGR (2022 to 2032) | 5.1% |
| Growth Factor | Increasing demand for engine safety across developed and developing nations |
| Opportunity | Growing development of industrial fuel filters to protect engines from harmful substances |
| Key Trend | Need to curb particulate pollution and carbon emissions across factories |
The table below shows the regional variations in demand for safety and process filters within East Asia. South Korea, Japan, and China are set to record high CAGRs of 8.2%, 7.8%, and 7.4%, respectively, through 2034.
| Countries | CAGR 2024 to 2034 |
|---|---|
| South Korea | 8.2% |
| Japan | 7.8% |
| China | 7.4% |
China’s safety and process filter sector is projected to reach USD 8,911.8 million by 2034. Over the forecast period, demand in the country is predicted to surge at a 7.4% CAGR.
Refineries, petrochemical plants, and industrial parks are among the energy and chemical infrastructure projects that require large investments as part of China's Belt and Road Initiative (BRI). The need for safety and process filters as crucial parts of process equipment and systems used in plant construction, commissioning, and operation is fueled by these large-scale projects.
Being one of the leading consumers of energy and raw materials, China's energy-intensive sectors require effective filtration solutions to optimize energy efficiency, conserve resources, and minimize environmental impact. These include petrochemicals and refineries, which are projected to boost demand.
Japan’s sector is projected to reach USD 4,128.9 million by 2034. Over the forecast period, sales are predicted to surge at a 7.8% CAGR.
Process-safety filters are showcasing immense popularity in Japan due to the country’s booming petrochemical, chemical processing, environmental engineering, and refinery sectors. Hence, the need for advanced filtration solutions is growing due to the sustainability requirements of these industries. Emphasizing the importance of domestic production further accelerates Japan’s growth trajectory.
As South Korea's shipbuilding sector rises, there is a growing focus on upholding strict safety regulations to safeguard the environment and employees during the shipbuilding process. This increases the need for premium safety filters to guarantee adherence and reduce hazards related to pollutants and harsh materials.
Shipbuilders have embraced new technologies to reduce construction costs and increase efficiency. A few companies are increasingly using modern water filtration techniques, such as membrane filtration and reverse osmosis, to use water for a variety of applications. These include cooling, ballast water treatment, and cleaning.
South Korea is anticipated to total USD 1,681.8 million by 2034. Over the forecast period, demand in the country is set to increase at a robust CAGR of 8.2%.
The section below shows the safety and process filter industry segmentation in East Asia. The membrane filter segment is dominating by filter type. The segment is forecast to thrive at 8.2% CAGR between 2024 and 2034.
Based on end-use, the refineries and petrochemical plants segment is anticipated to hold a dominant share through 2034. The segment is set to exhibit a CAGR of 7.9% during the forecast period.
| Segment | Membrane Filters (Filter Type) |
|---|---|
| Value CAGR (2024 to 2034) | 8.2% |
Based on filter type, the membrane filter category is projected to lead East Asia’s sector by 2034. Versatile appeal and suitability for a broad spectrum of applications are key factors driving demand for these filters. Membrane filters help in enhancing process efficiency by providing precise filtration catered to the needs of unique industrial applications, thereby boosting demand.
Corrosion is a significant concern in sectors dealing with chemicals and fuels. Membrane filters help prevent corrosion by removing corrosive particles, moisture, and contaminants from process fluids, thereby extending the lifespan of equipment and infrastructure.
Membrane filters also meet the needs of industries whose production requirements change over time. Excellent adaptability allows businesses to scale output in response to changing demand without incurring unnecessarily high operating expenses. Because of high adaptability, these filters are the ideal option for manufacturers who deal with changing production needs and dynamic environments. The target segment is anticipated to hold a significant volume share of 52% in 2024.
Over the forecast period, demand for membrane filters is forecast to rise at a CAGR of 8.2%. By 2024, the segment is estimated to reach USD 3,737 million.
| Segment | Refineries and Petrochemical Plants (End-use) |
|---|---|
| Value CAGR (2024 to 2034) | 7.9% |
East Asia experiences a transformative shift as refineries and petrochemical plants ascend to prominence, becoming the leading segment in terms of end-use. This dominant position is attributed to the surging demand for petroleum products, especially in emerging economies.
Demand for safety and process filter products in refineries and petrochemical plants is witnessing an unprecedented rise. These are subject to strict regulatory standards regarding environmental protection, worker safety, and product quality. Compliance with these regulations necessitates the implementation of robust filtration systems to remove contaminants, particulates, and impurities from process streams.
As per the latest analysis, refineries and petrochemical plants segment is projected to thrive at 7.9% CAGR during the forecast period. The target segment is set to attain a value of USD 4,281.9 million by 2034.
Competitive landscape of the safety and process filter industry in East Asia is moderately consolidated, with leading players accounting for about 45 to 50% share. Parker Hannifin Corporation, Eaton, Freudenberg Filtration Technologies, 3M Company, Donaldson Company, Inc., and Pall Corporation are the key players in the East Asia safety and process filter industry listed in the report.
Key safety and process filter manufacturers are putting an emphasis on technology development, incorporating eco-friendly business methods, and broadening presence in East Asia. Customer satisfaction is still the key priority, and machines are carefully customized to satisfy a wide range of requirements.
To remain at the forefront of innovation, a few leaders proactively cultivate collaborations and bolster industrial filtration industry size in East Asia. These players help in ensuring the products align with the evolving demands and maintain high standards.
Industry Updates
Activated carbon filters, coalescing filters, back-flushing filters, membrane filters, and metallic cartridge filters are the leading types of filters in East Asia.
Two dominant types of products are safety filters and process filters.
A few leading applications include dust removal, odor removal, toxic gas removal, corrosive gas removal, and other applications.
Leading end-uses are shipyards, refineries and petrochemical plants, chemical processing industries, environmental engineering companies, fuel storage facilities, and others.
Information about key countries across East Asia, including China, Japan, and South Korea, is given.
The business reached USD 6,635.1 million in 2023.
The industry is set to reach USD 7,075.7 million in 2024.
Demand is anticipated to rise at 7.6% CAGR.
The sector is set to reach USD 14,722.5 million by 2034.
Refineries and petrochemical plants are expected to lead by 2034.
Filtration is the separation of solid particles from liquid in a suspension.
1. Executive Summary 2. Industry Introduction, including Taxonomy and Industry Definition 3. Safety and Process Filter Industry Trends and Success Factors, including Macro-Economic Factors, Industry Dynamics, and Recent Industry Developments 4. Industry Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Industry Analysis 2019 to 2023 and Forecast 2024 to 2034 6.1. Filter Type 6.2. Product Type 6.3. Application 6.4. End Use 7. Industry Analysis 2019 to 2023 and Forecast 2024 to 2034, By Filter Type 7.1. Activated Carbon Filter 7.2. Coalescing Filter 7.3. Back Flushing Filter 7.4. Membrane Filter 7.5. Metallic Cartridge Filter 8. Industry Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product Type 8.1. Safety Filter 8.2. Process Filter 9. Industry Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application 9.1. Dust Removal 9.2. Odor Removal 9.3. Toxic Gas Removal 9.4. Corrosive Gas Removal 9.5. Other Applications 10. Industry Analysis 2019 to 2023 and Forecast 2024 to 2034, By End Use 10.1. Shipyards 10.2. Refineries & Petrochemical Plants 10.3. Chemical Processing Industries 10.4. Environmental Engineering Companies 10.5. Fuel Storage Facilities 10.6. Other End Use 11. Industry Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 11.1. China 11.2. Japan 11.3. South Korea 12. China Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 13. Japan Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 14. South Korea Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 15. Sales Forecast 2024 to 2034 by Filter Type, Product Type, Application, and End Use for 30 Countries 16. Competition Outlook, including Industry Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 17. Company Profile 17.1. Eaton 17.2. Industrial Filtration 17.3. Pentair Plc 17.4. Mann+Hummel Group 17.5. Filtration Group Company 17.6. 3M Company 17.7. Atmus Filtration Technologies Inc. 17.8. Freudenberg Filtration Technologies 17.9. Fil-Trek Corporation 17.10. Parker Hannifin Corporation 17.11. W. L. Gore & Associates, Inc. 17.12. Donaldson Company, Inc. 17.13. ESMIL Process Systems 17.14. Pall Corporation 17.15. Merck KGaA (group) 17.16. Sartorius Group 17.17. Entegris, Inc. 17.18. Industrial Filter Manufacturers
Industrial Automation
November 2017
REP-GB-5493
October 2022
342 pages
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Safety and Process Filter Industry Analysis in East Asia
