The global depthfiltration market is
anticipated to reach USD 4.02 billion by 2025, according to a new report by
Grand View Research, Inc. Growing use of depth filters in the manufacturing of
healthcare products is projected to be a major driving factor for market
growth.
Rising
demand for clean & high quality filter goods in pharmaceutical and
biopharmaceutical industry is expected to boost the market over the forecast
period. Significant benefits such as low cost and ease in the usage of the
products is anticipated to augment the market from 2017 to 2025. Depth
filtration services have various advantages in water filtration, food &
beverages, healthcare, and raw material purification sectors.
Growing
research and development activities carried out by companies is projected to
propel the market over the forecast period. In March 2017, Merck launched the
Milli-Q IQ 7000, it is the seventh-generation Milli-Q water purification
technology which provides ultrapure water to scientist in laboratories.
Browse full report by
Grand View Research : http://www.grandviewresearch.com/industry-analysis/depth-filtration-market
Further key findings from the report suggest:
·
The global depth filtration demand was USD
1.5 billion in 2016 and is expected to grow at a CAGR of 11.7% over the
forecast period
·
Diatomaceous earth emerged as the largest
media type segment in 2016 and is estimated to generate a revenue over USD 1.3
billion by 2025
·
Rising demand for diatomaceous earth
filtration techniques in biopharmaceutical industry as an aid in fractionation
of human plasma is projected to propel the industry over the next eight
years
·
Capsule filters is anticipated to be the
fastest growing product segment and is estimating a CAGR of 12.4% over the
forecasted period
·
Healthcare application segment is
anticipated to grow at a significant rate owing to a moderate market share
·
Increasing use in healthcare industry to
offer venting and microfiltration for medical devices is projected to fuel the
market growth
·
The Asia Pacific region is anticipated to
witness high growth rate at a CAGR of 12.2% by 2025.
·
Developing economies in the region, including
India and China, have been experiencing strong economic growth, which is
expected to drive healthcare and food & beverages industry over the
forecast period
·
Key players of the industry include Merck
KGaA, 3M Company, TPall Corporation, Eaton Corporation PLC, Donaldson Company,
Inc, and Sartorius AG
·
These major players are often indulged in
mergers, joint ventures, & acquisitions, in order to expand their product
portfolio and gain market share
Browse more reports of this category by
Grand View Research: https://www.grandviewresearch.com/industry/advanced-materials
Grand View Research has segmented the
global depth filtration market on the basis of media type, product, application
and region:
Depth
Filtration Media type Outlook (Revenue, USD Million, 2014 - 2025)
·
Diatomaceous Earth
·
Activated Carbon
·
Cellulose
·
Perlite
Depth
Filtration Product Outlook (Revenue, USD Million, 2014 - 2025)
·
Cartridge Filters
·
Capsule Filters
·
Others
Depth
Filtration Application Outlook (Revenue, USD Million, 2014 - 2025)
·
Water Filtration
·
Food & Beverages
·
Healthcare
·
Others
Depth
Filtration Regional Outlook (Revenue, USD Million, 2014 - 2025)
·
North America
o
U.S.
·
Europe
o
UK
o
Germany
·
Asia Pacific
o
China
o
India
·
Central & South America
·
Middle East & Africa
View Press Release of this research report by Grand View
Research: https://www.grandviewresearch.com/press-release/global-depth-filtration-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
No comments:
Post a Comment