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[English Market Research Report] Global Market for Filtration and Drying Equipment

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The global filtration and drying equipment market is projected to grow from 1.68 billion USD in 2022 to 1.82 billion USD in 2023, with a CAGR of 8.5%. The Russia-Ukraine war has disrupted the potential for a global economic recovery from the COVID-19 pandemic, at least in the short term. This conflict between the two countries has led to economic sanctions against multiple nations, soaring commodity prices, and supply chain disruptions, causing inflation across goods and services and impacting many markets worldwide. The filtration and drying equipment market is expected to reach 2.41 billion USD by 2027, growing at a CAGR of 7.2%.

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