NEWS RELEASE August 2017
550 Companies will spend $5.5 Billion for Macrofiltration Next Year
550 companies will spend $4 billion for macrofiltration equipment and $1.5 billion for cloths and belts in 2018. This group will purchase more than 50 percent of the $9.5 billion total purchased by all companies. McIlvaine has a number of market reports on filtration. The macrofiltration segment includes filtration of larger particles from liquids. The specific products are filter presses, belt filters, belt filter presses, drum filters, bag filters and granular media filters.
Total Macrofiltration Hardware Purchases 2018
The forecasts by industry and product for all purchasers as well as individual forecasts for the top 550 companies are included in N006 Liquid Filtration and Media World Markets.
Here is an example of the forecasts for five food manufacturing companies. The food segment represents only 5 percent of the total market. Food garners a higher percentage for filter presses but a lower percentage for granular media filters.
The municipal water segment includes substantial purchases of granular media filters.
The forecasts for the 550 individual purchasers indicate their use by continent. However, purchasing is becoming more centralized. The trend toward IIoT and Remote O&M is allowing corporations to track performance of filters in all their plants and use data analytics to evaluate performance. This important development is analyzed in N031 Industrial IOT and Remote O&M.