DUBLIN--(BUSINESS WIRE)--The "Depth Filtration - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The global market for Depth Filtration estimated at US$2.2 Billion in the year 2022, is projected to reach a revised size of US$2.9 Billion by 2026, growing at a CAGR of 8.3% over the analysis period.
The U.S. Market is Estimated at $730.7 Million in 2022, While China is Forecast to Reach $327.7 Million by 2026
The Depth Filtration market in the U.S. is estimated at US$730.7 Million in the year 2022. The country currently accounts for a 33.11% share in the global market. China, the world's second largest economy, is forecast to reach an estimated market size of US$327.7 Million in the year 2026 trailing a CAGR of 10.8% through the analysis period.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.9% and 7.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 7.7% CAGR while Rest of European market (as defined in the study) will reach US$353.5 Million by the close of the analysis period.
A major growth driver for the market is the rising large molecules and biologics production. Growing biopharmaceuticals demand combined with increasing expenditure on biopharmaceutical R&D drive market growth. The pharmaceutical industry is increasing demand for high quality and clean filter products for use in production of APIs and for filtering different buffers and media. The filters are mainly used for downstream purification of turbid feed streams and cell culture centrates prior to loading them on chromatography columns.
Activated Carbon Segment to Reach $484.6 Million by 2026
Activated carbon is an ubiquitous material finding usage in a myriad of applications ranging from water treatment, air purification, to food & beverage processing, medical & pharmaceuticals production and automotive emission canisters, among others. Activated carbon filters are widely used to purge carbon dioxide, nitrogen, siloxaes, volatile organic compounds, hydrogen dioxide and also elemental metals such as mercury from natural gases odors, and other gaseous pollutants from the air. Activated carbons are cost-effective technologies that align with the environmental regulations and also hold smaller footprints in comparison to the other odor control technologies.
Select Competitors (Total 49 Featured):
- 3M Company
- Allied Filter Systems Ltd.
- Amazon Filters Ltd.
- Clariance Technique
- Danaher Corporation
- Donaldson Company, Inc.
- Eaton Corporation
- ErtelAlsop
- Fileder Filter Systems Ltd.
- Filtrox AG
- Graver Technologies
- Gusmer Enterprises, Inc.
- Meissner Filtration Products, Inc.
- Membracon Ltd
- Membrane Solutions
- Merck KGaA
- Microfilt India Pvt. Ltd.
- Pall Corporation
- Parker Hannifin Corporation
- Pentair plc
- Phenomenex Inc
- Porvair Filtration Group
- Carl Stuart Ltd
- Repligen Corporation
- Saint-Gobain Performance Plastics
- Sartorius AG
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Impact of COVID-19 Pandemic and Looming Global Recession: 2020 Marked as a Year of Disruption & Transformation
- World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
- Supply Chain Disruptions and Challenges Faced by Healthcare and Biotechnology Industries
- Activated Carbon's Growing Role in Fighting COVID-19
- Depth Filtration - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- An Introduction to Depth Filtration
- Global Market Prospects & Outlook
- Analysis by Media Type
- Global Depth Filtration Market by Media Type (2021 & 2027): Percentage Breakdown of Sales for Diatomaceous Earth, Cellulose, Activated Carbon, Perlite, and Other Media Types
- Analysis by Product
- Global Depth Filtration Market by Product (2021 & 2027): Percentage Breakdown of Sales for Cartridge Filters, Capsule Filters, Filter Sheets, Filter Modules, and Other Products
- Analysis by Application
- Global Depth Filtration Market by Application (2021 & 2027): Percentage Breakdown of Sales for Final Product Processing, Cell Clarification, Raw Material Filtration, and Other Applications
- Regional Analysis
- World Depth Filtration Market (2021 & 2027): Percentage Breakdown of Sales for Developed and Developing Regions
- World Depth Filtration Market: Geographic Regions Ranked by Value CAGR for 2020-2027: China, Asia-Pacific, Latin America, Middle East, Africa, USA, Canada, Europe, and Japan
- Competitive Scenario
- Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- High Significance of Depth Filtration in Winemaking
- Depth Filtration Streamlines Plasma Fractionation Filtration Process
- Demand for Depth Filters in Blood Particles Separation Set to Rise
- High Significance of Depth Filtration in Food & Beverages Industry
- Surging Biologics Production: Opportunity for Depth Filters Market
- Biologics Continue to Widen their Addressable Market
- Process Improvements & Advancements Strengthen Biologics Domain
- Biologics: Safe Solution for Unmet Medical Requirement
- Automation Gathers Steam in Biologics Domain
- Rising Pharmaceutical R&D Investments Fuel Demand for Depth Filtration Products
- Combination of Depth Filtration and Other Separator Techniques Finds Use in Cell Harvesting
- Depth Filters Strengthen Water Filtration Processes
- Percentage of Contaminated Water in Drinking Water Supplies in Africa, Asia, and Latin America and Caribbean
- Percentage of Wastewater Treatment in Europe, Asia, Latin America, and Africa
- World Fresh Water Resources: Percentage Breakdown by Sources of Fresh Water
- Shifting Industrial Paradigms in Bioprocessing Spur Innovation in Depth Filtration
- Depth Filtration: Quickens Ascent to the Top of the Game in Gene Therapies
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/idf7cw
