Global PFAS filtration market projected to grow, driven by government regulations and need for advanced technologies.
From GlobeNewswire: 2024-06-03 21:00:00
The Global PFAS Filtration Market is projected to grow from USD 1.89 billion in 2023 to USD 3.7 billion by 2033 at a CAGR of 6.95%. PFAS filtering is crucial for removing harmful pollutants from water sources due to their synthetic nature and widespread use in various products. Government regulations are driving business opportunities in this sector, but complex and expensive filtration techniques hinder market growth. The granular activated carbon filters segment is expected to dominate the market, offering effective removal of PFAS compounds from water. The industrial segment is poised to grow rapidly, driven by the need for advanced filtering technologies to meet environmental regulations in North America. Asia Pacific is anticipated to show the fastest growth in the PFAS filtration market due to increasing industrialization and environmental concerns, leading to stringent regulations and demand for filtration solutions. North America is expected to hold the largest share of the market, with a focus on compliance and innovation in filtering technologies. In April 2024, Clean Harbors introduced the “Total PFAS Solution” to address PFAS needs comprehensively, meeting industry demands for effective treatment and disposal of these persistent chemicals. The report provides a detailed analysis of key market players, including AECOM, Veolia, Clean Earth, WSP, and more, offering insights into their product offerings, business strategies, and market presence.
Read more at GlobeNewswire: Global PFAS Filtration Market Size To Worth USD 3.7 Billion