Pall Corporation is the technology leader in the $48 billion global filtration, separation and purification industry. Pall has become a $2.4 billion company by solving complex fluid management challenges for diverse customers around the world. We have been called the “original clean technology company” since many of our products deliver sustainable social benefits. Revenues are almost evenly split between the Industrial and Life Sciences markets. Sales are also diverse geographically, with Asia the fastest growing region.
Sophisticated filtration systems are rarely discretionary. They are widely used by manufacturers, hospitals, blood centers, laboratories, aircraft operators, energy producers and municipal water suppliers. Pall is the only company in the filtration industry with capabilities for all of these markets. Approximately 75% of Pall’s annual revenues come from the sale of consumable products.
The global filtration market is being driven by water and energy needs, imperatives for quality and productivity, emerging and mutating pathogens, new biotech drugs and vaccines, high-tech products and processes, increasing regulations, and rising standards of living.
Barriers to entry in Pall’s key markets and applications are high. Whether it is a new drug, semiconductor chip, municipal water plant or military or commercial jet, the qualification process is stringent and demanding. Switching costs are high. Product life cycles can span decades and service requirements are increasingly global. Customers choose Pall because of its product and service performance, longevity, and financial strength.
The Company is steadily executing strategic plans to grow the top line and strengthen its financial performance. New and ongoing programs are improving service to customers, increasing efficiency, and reducing costs.