Portable Filtration System Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Portable Filtration System Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Portable Filtration System Market

The global portable filtration system market size was valued at USD 463.98 million in 2023 and is expected to reach a valuation of USD 491.80 million in 2024. The market is predicted to touch USD 710.95 million by 2032, recording a CAGR of 4.71% during the forecast period of 2024-2032.

Portable filtration systems are gaining immense popularity in a wide range of industries as they are known for treating almost any type of hydraulic fluid, including insulating oils and lubricants. They are capable of working offline as well, which makes industries less dependent on filtration systems powered by electricity as there can be disruptions in power supply due to various factors, which can increase an industry’s downtime. Moreover, their high transportability makes them ideal for operation in remote and hard-to-access areas.

However, the COVID-19 pandemic slowed the portable filtration system market growth in 2020 as nationwide lockdowns and trade restrictions caused major disruptions in the activities of a wide range of industries, such as manufacturing, automotive, petrochemical, and oil & gas. This factor had a negative impact on the demand for these filtration systems during this period.

Some of the key factors bolstering the growth of this market are strong growth in oil and gas exploration activities and rapid rise in industrialization in various emerging economies. The oil & gas industry is displaying robust growth every year as many countries across the world are highly dependent on hydrocarbon-based energy sources for applications, including transportation and electricity generation. The U.S. Energy Information Administration (EIA) revealed that the global consumption of liquid fuel rose from 99.9 mbd in 2022 to 101.9 mbd in 2023. These statistics have prompted companies in the oil & gas industry to increase their oil and gas exploration and production activities. This is where portable filtration systems will be extensively used to refine oil and gas products by removing various solid, liquid, and gas-based impurities.

Moreover, many emerging economies, such as India and China are witnessing a strong growth in industrialization due to economic development, increase in population, and rise in Foreign Direct Investments (FDIs). Rise in industrialization will lead to an increase in the use of new machines and equipment in manufacturing plants. To improve their performance and lifespan, these machines will need clean oil, which will boost the adoption of these filtration systems.

Comprehensive Analysis of Portable Filtration System Market

The market is divided into three segments: technology, end-user, and flow rate. Based on technology, the market is segmented into pressure filtration, centrifugal filtration, and vacuum filtration. The pressure filtration segment is dominating the global portable filtration system market share due to its effectiveness in removing different types of solid particles from fluids in high-pressure environments. Based on flow rate, the market is segmented into 0-10 GPM, 10-20 GPM, 20-60 GPM, 60-100 GPM, and above 100 GPM. The 0-10 GPM segment is holding the largest market share due to the increasing use of filtration systems in this flow rate range in equipment, such as gearboxes and hydraulic systems. Based on end-user, the market is classified into power generation, manufacturing, oil & gas, petrochemicals, paper & pulp, and others. The power generation segment holds a major market share due to the extensive use of portable filtration systems in electricity generation plants to filter turbine oil, hydraulic fluids, and coolants.

The market’s study covers regions, such as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Out of these regions, North America dominated the global market share as countries, such as the U.S. and Canada are using moveable filtration systems in various industries, such as oil & gas, manufacturing, and power.

Some of the key market players include Eaton, Pall Corporation, Parker Hannifin, Donaldson Company, Inc., Bosch Rexroth, Des-Case, HYDAC, MP Filtri USA, Inc., Y2K Filtration, Serfilco, Como Filtration Systems, Trico Corporation, RO-Quip, and Filtra Systems. Pall Corporation is dominating the global market with the launch of its high-performing cartridge filters. Many other firms are also launching novel products in the market to expand their product range and cater to the unique requirements of various industries.

July 2023 – Pall Corporation, a leading provider of separation, filtration, and purification technologies, announced plans to showcase its cutting-edge purification and filtration technology at SEMICON West. Since the demand for 5G, AI, and IoT devices is increasing at a strong pace, the need for advanced chips offering energy efficiency and better performance is also rising.

Table of Segmentation

Global Portable Filtration System Market Scope

Study Period 2019-2032

Base Year 2023

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 4.71% from 2024 to 2032

Unit Value (USD Million)

Segmentation By Technology

Pressure Filtration

Centrifugal Filtration

Vacuum Filtration

By Flow-Rate
0-10 GPM
10-20 GPM

20-60 GPM

60-100 GPM

Above 100 GPM

By End-User

Power Generation

Manufacturing

Oil and Gas

Petrochemicals

Paper and Pulp

Others

By Region

North America (By Technology, By Flow-Rate, By End-User, By Country)

U.S. (By End-user)

Canada (By End-user)

Europe (By Technology, By Flow-Rate, By End-User, By Country)

U.K. (By End-user)

Germany (By End-user)

France (By End-user)

Italy (By End-user)

Spain (By End-user)

Russia (By End-user)

Rest of Europe (By End-user)

Asia Pacific (By Technology, By Flow-Rate, By End-User, By Country)

China (By End-user)

India (By End-user)

Japan (By End-user)

Australia (By End-user)

Southeast Asia (By End-user)

Rest of Asia Pacific (By End-user)

Latin America (By Technology, By Flow-Rate, By End-User, By Country)

Brazil (By End-user)

Mexico (By End-user)

Rest of Latin America (By End-user)

Middle East & Africa (By Technology, By Flow-Rate, By End-User, By Country)

GCC (By End-user)

South Africa (By End-user)

Rest of Middle East & Africa (By End-user)