The Global Liquid Macro Filtration market is to grow at a CAGR of 4.73 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand from process industries. The Global Liquid Macro Filtration market has also been witnessing an increasing number of public awareness programs and measures toward effective water management. However, increasing price wars among vendors could pose a challenge to the growth of this market.
One of the main trends witnessed in the Global Liquid Macro Filtration market is the growing public awareness about effective water management. In recent years, there has been a growing public awareness about effective water management. The increasing water shortage globally has turned the focus on water management activities. Several industries are increasingly focusing on effective water management for the efficient usage of available water resources. Therefore, industries are giving a lot of importance to sewage water treatment, wastewater treatment, and reusing contaminated water. Moreover, the consumers are demanding a high quality of drinking water. This has prompted the Water industry in the Municipal sector to increasingly adopt liquid macro filtration equipment with improved filtration technology to provide clean drinking water to the public.
One of the main factors driving the market is the increasing demand from process industries. The market receives a major part of its revenue from the Paper & Pulp, Mining, Pharmaceutical, Chemical, and Food & Beverage industries. Many process industries use liquid macro filtration technique for various purposes such as dewatering sludge, product purification, product separation, and washing products.
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