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Electronic Filtration Market Estimation, Consumption, Demand, Industry Trends and Growth Opportunities

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MarketsandMarkets™
Electronic Filtration Market Estimation, Consumption, Demand, Industry Trends and Growth Opportunities

The global Electronics filtration market size is estimated to be USD 4.0 billion in 2023 and is projected to reach USD 6.0 billion in 2028 at a CAGR of 8.5% during the forecast period. The electronics filtration market growth is driven by the increased demand for semiconductors, propelled by the surge in electronic consumption across diverse sectors such as consumer goods, industrial electronics, and artificial intelligence, which serves as a pivotal catalyst for the electronics filtration market.

Browse 169 market data Tables and 55 Figures spread through 214 Pages and in-depth TOC on "Electronic Filtration Market by Type (Gas Filter, Liquid Filter, Air Filter), Filter Material, Filtration Technologies, Application, End-use Industry (Consumer Electronics, Industrial Electronics, Semiconductors), and Region - Global Forecast to 2028"

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Electronic Filtration Companies

Pall Corporation (US), Entegris, Inc. (US), 3M (US), Cobetter Filtration (China), Parker Hannifin (US), Donaldson Company, inc. (US), Mott Corporation (US), Porvair PLC (UK), Mann+Hummel (Germany), and Critical Process Filtration, Inc. (US). These players have adopted various strategies such as mergers & acquisitions, joint ventures, and expansion to strengthen their market position.

Entegris, Inc. is a world-class supplier of advanced materials and process solutions for semiconductors, life sciences, and other high-tech industries. The company offers a range of products, including specialty chemicals, materials, and advanced manufacturing solutions. The company operates through four operating segments, namely, specialty chemicals & engineered materials, advanced polarization solutions, microcontamination control, and advanced materials handling. The company offers solutions to filter and purify critical liquid and gaseous chemistries used in semiconductor manufacturing processes and other high-technology industries through micro contamination control segment. This segment serves industries like chemical, electronics, pharma and medical. The company operates globally, serving customers in various regions, including Asia, North America, and Europe. Their global presence allows them to support the semiconductor and high-tech industries on a worldwide scale.

Pall Corporation specializes in providing filtration, separation, and purification solutions across various industries. In 2015, Pall Corporation was acquired by Danaher Corporation, a conglomerate known for its diverse range of science and technology-based products and services, and now it operates as a subsidiary. The company is known for its advanced filtration technologies and its products and services are used in a wide range of applications, including microelectronics, aerospace & marine, chemicals & polymers, food and beverage, industrial manufacturing, oil & gas, and power generation. Pall Corporation offers membranes, permanent and temporary membrane systems, pre-treatment solutions, and filters and housings solutions for Microelectronics and Semiconductors. Aria Microfiltration Membranes, Ultipor GF Plus Membranes, and Supor EKV Membranes are some of the key brands that Pall Corporation offers microfiltration membranes for semiconductor applications. The company operates globally, with a presence in multiple countries. The company's products are used by diverse industries worldwide.

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3M is a technology company that manufactures and distributes industrial products and solutions. The company offers a variety of products, serving industries such as automotive, electronics, healthcare, energy, and consumer goods. The company operates through four business segments: safety & industrial, transportation & electronics, health care, and consumer. The company offers filtration solutions through its transportation & electronics business segment, in which electronics account for 38% of the overall segmental share. The company has a global presence, with 89 manufacturing and converting facilities in 30 countries, including the US, Japan, Germany, China, France, South Korea, India, and South Africa.

Parker is one of the leading providers of filtration and separation solutions. The company delivers innovative products to diverse industries, including microelectronics, pharmaceuticals, food and beverage, manufacturing, oil, and gas, automotive, and defense. The company operates through two reporting segments, namely, diversified industrial, and aerospace systems. Parker Hannifin offers specialized microfiltration solutions to ensure the highest purity and performance in critical manufacturing processes offering a broad range of electronics products such as semiconductors fabrication, flat panel displays, and hard disk drives that require highly effective filtration in their manufacturing processes. Parker operates in 45 countries worldwide, boasting an unparalleled industrial distribution network that spans approximately 17,000 locations across the globe. Leveraging this expansive network of local, independent enterprises, Parker effectively delivers its products and services to customers in 104 countries.

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The liquid filters product type is the second fastest growing product type, in terms of value, during the forecast period.

The liquid filters segment is estimated to be the second fastest-growing product type in the electronic filtration market due to the critical need to protect intricate electronic components from liquid contaminants. As electronic devices evolve in complexity and compactness, the significance of efficient liquid filtration to prevent damage and uphold optimal performance has intensified. This heightened awareness of the role liquid filters play in safeguarding electronic systems positions them as the second fastest-growing product type in the electronic filtration market.

Based on the application, the cleanroom environment application has the highest market share in terms of value in the electronic filtration market.

Cleanroom environments hold the highest market share in electronic filtration applications due to their critical role in industries like semiconductor manufacturing and pharmaceuticals. The stringent cleanliness requirements to prevent contamination and ensure optimal working conditions drive demand for advanced filtration solutions. As technology advances and precision manufacturing becomes paramount, the significance of cleanroom environments grows, making them the dominant application in the electronic filtration market.

Based on the end-use industry, the industrial electronics end-use industry is estimated to be the second fastest-growing segment of the electronic filtration market.

The industrial electronics industry is estimated to be the second fastest growing end-use industry of the electronic filtration market, due to the escalating integration of advanced electronic components in manufacturing processes. As industries embrace automation, IoT, and sophisticated electronic equipment, there is an increasing need for effective filtration to protect sensitive electronics from contaminants. This heightened demand positions the industrial electronics sector as the second fastest-growing end-use industry in the electronic filtration market.

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South America is the second fastest growing region, in terms of value, during the forecast period in the electronic filtration market.

South America represents the second fastest-growing region in the electronic filtration market during the forecast period due to industrial expansion, urban development, and increasing environmental awareness. As the region undergoes economic growth, industries prioritize cleaner air and water solutions, driving the demand for electronic filtration technologies. Stringent environmental regulations and a rising focus on sustainability further contribute to South America's rapid adoption of advanced filtration systems.


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