Filtration and Drying Equipment Market Size, Share, and Industry Analysis, By Product Type (Centrifuges, Agitated Nutsche Filter Dryers, and Others), End-Use Industry (Pharmaceuticals, Chemicals, Water and Wastewater Treatment, Food and Beverages, and Others), and Regional Forecast, 2024-2032

Filtration and drying equipment are closed vessels that are designed and developed to separate solid and fluid with the filtration process under pressure or vacuum. These separation equipment is used in different applications such as chemicals, pharmaceuticals, agro- and petro-chemicals, and fine chemicals. Minimal handling of pharmaceutical ingredients, growing food sector, and adoption of smart industrial facilities are boosting the demand for filtration and drying equipment.

This separation equipment finds their application for both filtration and drying functionalities for varied materials. The pharmaceutical sector has seen rapid transition owing to rising awareness about health, aging population, increasing health related problems such as obesity and diabetes and all are impacting the demand for pharmaceutical products. Food and agro-based products require large variety of separation tasks that generates the volume sales for filtration and drying equipment market across different sectors. Rapid growth in industrialization and smart factory adoption across manufacturing facilities are striving to boost the demand for filtration and drying machines across diverse countries.

Several key manufacturing companies are striving to expand their product offerings through innovative and tech-enabled products. Market participants are constantly improving on equipment to provide efficient and high-quality machines that can reduce long term operational cost for customers. Several expansion strategies and robust dealer network are being performed in the market to create growth opportunities. For instance,

• In May 2020, GMM Pfaudler acquired a majority stake in U.S. based Pfaudler Group with 54% stake. GMM made about USD 27.4 million investment to acquire the Pfaudler Group.

The lockdown restrictions during the COVID-19 period led to a mixed impact on the filtration and drying equipment market although the demand for pharmaceutical, medicinal products, food and beverages remained steady across various regions. The demand for filtration and drying equipment showed stagnant growth during the pandemic and post-pandemic year. Trade barriers, disturbance in logistics, and raw materials procurement have definitely challenged the market demand during those years. However, there was a decent demand for machines after the pandemic year.

The post pandemic duration witnessed growth in several industries such as chemicals, pharmaceuticals, food and beverages that had generated business opportunities for the filtration and drying equipment industry. Industrialization, moderate growth across sectors, and smart industry adoption is anticipated to benefit the demand for the equipment.

Key Insights

The report covers the following key insights:

• Micro Macro Economic Indicators


• Drivers, Restraints, Trends, and Opportunities


• Business Strategies Adopted by Industry Players


• Impact of COVID-19 on the Filtration and Drying Equipment Market


• Consolidated SWOT Analysis of Key Players

Segmentation

Analysis by End-Use Industry

The filtration and drying equipment application has been classified into pharmaceuticals, chemicals, water and wastewater treatment, food and beverages, and others. Industrial filtration aids in the removal of impurities and ensures high quality of liquids and solids in various end use applications. The pharmaceutical sector plays a crucial role in driving the market for filtration and drying equipment. High-quality drug manufacturing and precise formulation of drugs are prominent factors positively impacting the demand for filtration and drying equipment. These machines provide clear separation of solid-liquid mixtures, formulation and granulation of drugs, and isolation and purification of pharmaceutical ingredients, boosting the demand for filtration and drying machines. The chemical sector is showing high adoption for filtration and drying equipment owing to technological innovations, increasing demand for specialty chemicals, and industrial development. The filtration process helps in quality control, meeting specific industry standards, and enhancing productivity by removing unnecessary contaminants and increasing the efficiency of chemical processes. The chemicals segment is set to show a steady surge across various regions and bring opportunities for the market.

Regional Analysis

The global filtration and drying equipment market is divided into five regions: North America, Europe, Asia Pacific, the Middle East and Africa, and South America.

The Asia Pacific is expected to dominate the market for filtration and drying equipment. Capital expenditure on chemicals and healthcare sector, increasing research and development activities, supportive government policies, expansion of water and wastewater treatment across the region are boosting the growth of the equipment market. According to OECD (Organisation for Economic Cooperation and Development), Australia, Singapore, and Japan have higher health expenditure per capita than the OECD average. Population growth, rising disposable income, and the increasing demand for frozen and processed food is generating the demand for expansion of manufacturing facilities.

Water and wastewater treatment process requires sludge removal that needs filtering and drying equipment to produce clean water. The end-user segment is set to showcase steady growth that will boost the market demand for filtration and drying equipment across various countries. Key players in the market are catering to the rising needs of high containment filtration and drying equipment across the region for pharmaceutical and biopharmaceutical sectors. Expansion strategies and increasing investment across manufacturing sectors are accelerating the market growth for filtration and drying systems across the region.

By region, the distribution of the filtration and drying equipment market is as follows:

• North America – 26%


• South America – 5%


• Europe – 32%


• The Middle East and Africa – 3%


• Asia Pacific – 34%

Key Players Covered

Few of the key players in the market include GMM Pfaudler, Tsukishima Holdings Co., Ltd., Promas Engineering Pvt. Ltd., HEINKEL Process Technology GmbH, Thermosag, and Amar Equipment Pvt. Ltd.

Key Industry Developments

• September 2023: HEINKEL introduced a new machine BLUETECTOR, a peeler centrifuge which is ISO certified and saves about 50,000 kWh energy per year by reducing friction losses. 


• May 2023: Amar Equipment Pvt. Ltd. collaborated with HLE Glascoat and formed a joint venture to manufacture Lab & Pilot Scale Agitated Nustche Filter Dryer. The innovative models would be installed and used by chemical manufacturing facilities.