The new industrial filtration market research report from Technavio indicates neutral growth in the short term.

The new modern filtration statistical surveying report from Technavio demonstrates impartial development in the present moment as the business effect of COVID-19 spreads.

"One of the primary growth drivers for this market is the increase in the number of refineries”, says a senior analyst for the Industrials industry at Technavio. As the markets recover, Technavio expects the industrial filtration market size to grow by USD 9.91 billion during the period 2020-2024.

In view of the item, the mechanical fluid filtration section produced greatest income for the market in 2019. The portion is driven by the rising interest for wastewater treatment, synthetic filtration, filtration of drinking water, and filtration techniques across businesses.