Liquid filtration is the removal of solids from a liquid by passing a contaminated liquid through the filter medium, which retains the solids and allows only clean products to pass through.
The Saudi Arabia Liquid Filtration market is growing along with the Chemicals and Materials industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.
The Saudi Arabia liquid filtration market was valued at US$ 77.6 million in 2019 and is expected to grow at a CAGR of 5.1% from 2020 to 2027 to reach US$ 119.8 million by 2027.
Filtration is a unit operation designed to separate airborne particles from a fluid medium by passing a solution through a porous membrane or medium.
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Saudi Arabia is the largest country in Middle East, covering around two million square kilometres and 14th largest country in the world. The country is the second-largest crude oil producer and the largest exporter of petroleum in the world. The oil and gas industry of the country accounts for about 50 per cent of gross domestic product, and about 70 per cent of export earnings. Sustained growth in the consumption of natural gas, petroleum, and petrochemical products across the world has increased the exports and imports of oil and gas in Saudi Arabia. Thus, the oil and gas companies in Saudi Arabia need to expand their production to meet emerging demand in the future.
These factors are expected to offer broad growth opportunities in the Chemicals and Materials industry and this is expected to cause the demand for Liquid Filtration in the market.
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Saudi Arabia Liquid Filtration – MARKET SEGMENTATION
By Fabric Material
By Filter Media
By End Use Industry
- Municipal Treatment
- Industrial Treatment
- 3M Company
- Freudenberg Group
- Lenntech B.V.
- Sulzer Ltd
- Filter Concept Private Limited
- Pall Corporation
- Salfi Filtration Company
- JFC Arabia Ltd
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