Profiles of five major corporations with in-house technical textile filter media manufacturing operations

Profiles of five major corporations with in-house technical textile filter media manufacturing operations

The filtration industry is highly diversified and serves a global market which is large and fast growing. The industry benefits from repeat business in after-sales and enjoys high profit margins compared with other industries. Furthermore, there are several opportunities for growth within the industry, including rising demand for water filtration, continuous requirements for improvements in filtration efficiency, and supplying the needs of new industries such as biopharmaceuticals, electric vehicles and mega data centres. As such, filtration companies represent attractive investment propositions. This report provides information about the activities, investments, marketing strategies and product strategies of five major companies with filter media operations, namely: 3M; Cummins; Danaher Corporation; Filtration Group; and Parker Hannifin Corporation. The report also provides data on the size of the filtration market and sales achieved by these five companies.