Get In Touch

Portable Filtration Systems Market: Overview

Portable filtration systems are extensively employed in industrial plants for process industries. Advances in filter housing systems and ergonomics of the system have improved over the years. Over the years, the need for standalone portable filtration systems for cleaning of industrial oils with high precision has risen remarkably. The trends has offered a robust impetus to the expansion of the portable filtration systems market. Incorporation of advanced sensor has allowed end users to separate impurities hydraulic and lubrication media offline. Technological advances in general have enabled manufacturers to devise filtration system that can delineate variety of oils in all environments such as online, offline, and stand-by tanks. Automation is one key trend.

Portable filtration systems is gaining traction in industrial processes where moisture/water is expected to removed from the oil. In the oil and gas upstream purification, such portable filtration systems may offer economic gains and convenience to end users. The versatility of portable filtration systems is a key proposition attracting production businesses across industries. In most cases, they are used for rotational basis, thereby saving the cost that would be spent on new filtering equipment when the business is scaled. The market has benefitted from the urge of industries to look for cost-sensitive applications of filtration.

Portable filtration is a major requirement in a rapidly changing world. The bifurcation of suspended solid matter from a liquid, where the liquids are forced to pass through the pores of some substance, is termed as filtration. Portable filtration systems are utilized to filter nearly any type of hydraulic fluid, including coolants, lubricating oils, and insulating oils. Filter carts are utilized in small-sized to medium-sized reservoirs with low values of flow rates. Portable filter systems are adaptable with mineral-based industrial fluids. Portable filter carts provide a cost effective solution for maintaining fluid cleanliness in various applications by using the same lubricant.

The portable filtration systems market can be segmented based on type of technology, flow rate, end-user, and region. Based on type of technology, the portable filtration systems market can be segmented into pressure filtration systems, centrifugal filtration systems, and vacuum filtration systems. Pressure filtration systems are utilized to protect downstream components from getting contaminated with contamination levels exceeding beyond the recommended cleanliness goal. Centrifugal filtration systems utilize the pressure of the fluid mean utilize the pressure of the fluid in order to travel through the system to rotate the rotor at greater speeds that are high enough to separate impure particles from the fluid. Vacuum filtration systems utilize a vacuum chamber to draw dirty coolant through the disposable of the filter media. In terms of flow rate, the portable filtration systems can be further segmented into 0 GPM-10 GPM, 11 GPM-20 GPM, 21 GPM- 60 GPM, 61 GPM- 90 GPM, and above 90 GPM. The 0 to 10 GPM segment is the commonly preferred type of flow rate and is utilized in several industrial processes. Cost effectiveness of small portable filtration systems with less flow rates, which possess medium to high viscosity range is driving the 0 to 10 GPM segment of the market. Based on end-user, the portable filtration systems market can be classified into power generation, manufacturing sector, oil & gas sector, pulp making, and paper manufacturing sector. Power generation is a major end-use segment of the portable filtration systems market.

Major drivers of the portable filtration systems offers ability to provide ultra-fine filtration of the substances when in need are one of the major drivers. Pre-filtering of the new unused oil, and eliminating any contaminants that may have entered during transit or in storage prior to use are also driving factors of portable filtration systems market. A key restraint of the portable filtration system market is the high cost of production.

In terms of region, countries in Asia Pacific such as India, China, Japan, and Australia, witnessed an increase in demand for portable filtration systems. This is due to the rapid urbanization and expansion of the automotive, construction, and power generation sector. Demand for portable filtration systems in North America is high due to the plan by the U.S. government’ to refurbish its infrastructure. In Europe, countries such as Germany, Italy, France, and the U.K. are expected to witness a rise in demand for portable filtration systems market due to rapid industrialization. Countries in Latin America such as Brazil and Mexico are anticipated to witness an increase in demand for portable filtration systems market due to rapid urbanization in these countries. Middle East and Africa is also likely to witness a rise in demand for portable filtration systems market for power generation in agriculture purposes in the near future.

Key market players operating in the portable filtration systems are Eaton, Bosch Rexroth, Y2K, Parker-Hannifin, and Trico Corporation. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Portable Filtration Systems Market

Pre Book