According to a recent Markets and Markets study, the global industrial filtration market is projected to rise to $41.1 billion by 2025. Much of this increased demand can be attributed to population growth. The current annual rate of global population growth is 1.1%, with a projected population of 9.8 billion in 2050. As our population urbanizes, the need for health care advancements, transportation improvements and clean energy enhancements rises as well. To meet these needs, manufacturers will be challenged to create efficient filtration technologies.
Gain insight into how population growth impacts key market segments, what it means for you as a filtration manufacturer and how you can ensure you’re able to address it.
Key Market Segments for Filtration Manufacturers to Note
Health care: Pharmaceutical advancements that utilize filtration and separation technologies will see an increased demand as population growth occurs. Some pharmaceutical companies are adding additional filters to the beginning of their production lines, for instance. This extra step not only captures contaminants early on, but also helps improve the longevity of finer filters that come later in the production line. Prolonging the life of these filters will be ideal as demands increase for the drug market. Hospitals also rely on air purification to stop the spread of germs within their facilities. As the number of patients increases, hospitals may upgrade their filtration systems. Besides keeping the air clean, a new filter may help hospitals reduce costs over time.
Automotive: Filtration’s ability to purify air is a key factor in reducing automotive emissions. With a higher population comes more cars on the road, so minimizing air pollution will be a top priority for upcoming generations. New regulations to reduce automotive emissions are already in effect in key regions. These regulations could spread to other parts of the world as well. This means that manufacturers should be prepared to address output demands quickly, and on a global scale. Other environmental initiatives in the automotive industry include the introduction of eco-friendly oil filters. By implementing paper and plastic into the filter design, discarded filters can be incinerated instead of in a landfill.
Automotive interior air quality standards have created another emerging area of interest. New vehicles often contain several chemicals in their interior components, like the seat coverings, dashboards and flooring materials. As the population increases and more new cars are needed, manufacturers may want to add interior filters to improve indoor air quality. This adjustment could give them an edge over competitors who don't offer this innovation.
Marine: In 2020, the International Maritime Marine Organization enforced a .5% global sulfur cap on fuel content. This is a change from the previous 3.5% allowance, which was in response to heightened environmental concerns partly created from ship emissions. The new regulations have produced an increased demand for filtration technologies. Many maritime vessels are now being equipped with onboard “scrubber” systems, which filter out sulfur emissions from exhaust gas. As the world population grows and more maritime travel is needed for the shipment of goods, manufacturers should examine ways to increase filtration output and quality to ensure these vessels are properly able to address environmental concerns.
Clean energy: Protecting the environment is becoming increasingly pertinent to today’s consumers and will be important for future generations as well. Manufacturers may already be feeling pressure from consumers to remove or reduce CO2 emissions to stop the effects of greenhouse gases. For this reason, more filtration systems are being powered by renewable energy sources. However, filtration technologies play an important role in generating renewable energy sources, too. Natural and shale gases, for example, use filtration to get rid of particulate matter, oil condensates and other impurities.
How can adhesives make it easier to address population growth’s impact?
Filtration manufacturers will need to implement innovative solutions to keep up with the demands of our growing population. Some of these solutions may involve implementing materials that enable fast production line speeds and quality products for improved end-use.
To help make it happen, Bostik offers adhesive solutions that can assist with many parts of the filter assembly process. Our experts can help you find the right adhesive for even difficult substrates in end cap bonding, pleat separation, gasketing and other applications. Contact a Bostik representative today to see how adhesives might be the answer to your innovation goals.
You can also view this other relevant content: