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Global Liquid Macrofiltration Filters Market was worth US$ 2776.09 Mn in 2020 and is Rising at a CAGR of 6.6%, over the Forecast Period

Published On 04 Jan 2022 08:56 AM


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Liquid macrofiltration filters has gained high penetration in water and wastewater treatment sector in conjunction with its lock-in potential for solid contaminants. Albeit availability of various filtration technologies, conventional liquid macrofiltration is typically based on separation of suspended solids by passing the feed through media. Different types of media used in such process are filter cartridges, filter bags, filter sheets, sand filters, mesh screens etc. Increased use of macrofiltration filters for pre-treatment of water in desalination and water treatment plants and product replacements have bolstered liquid macrofiltration filters market growth in the recent past. According to The United Nations Educational, Scientific and Cultural Organization (UNESCO), 16,000 desalination plants are operational and around 44% of its capacity is in Middle East. The paradigm shift of wastewater reuse in various end-use industries such as chemical, agriculture, and beverage have further fostered the growth of liquid filtration & separation technologies, which is supporting the growth of liquid macrofiltration filters market.

Apart from water and wastewater treatment industry, food & beverage, chemicals and pharmaceuticals sector is likely to play vital role in driving the demand in global liquid macrofiltration filters market. In chemical sector, macrofiltration filters perform significant separation of solid contaminants across spectrum of chemical manufacturing processes. Also, heat exchangers play crucial role in cooling within chemical processes. Such equipment commonly uses water from natural resources including seas and rivers. Growing need for decontamination in chemical downstream process has driven the product demand in chemical sector. Moreover, in pharmaceutical sector, liquid macrofiltration filters are required to separate solid particulate from chemical solutions. Filter bags and filter cartridges have gained traction in pharmaceutical production owing to its material compatibility. For instance, polyester bag filters are suitable for high temperature applications in conjunction with petroleum and acid media, while propylene filter bags have high degree of chemical compatibility owing to which it is used in wide array of processes.

Browse the full Report @https://www.absolutemarketsinsights.com/reports/Global-Liquid-Macrofiltration-Filters-Market-2021---2029-1004

Our 402+ Pages Report titled, Liquid Macrofiltration Filters Market - Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2021 - 2029”, will include extensive information on the following pointers:

  • Global market size and forecast values (2015 – 2029), in terms of revenue (US$ Million) by segments/sub-segments
  • Split of the market revenue (US$ Million) into all the relevant segments & sub-segments across all major regions/countries.
  • Years Considered (2015 – 2029)
    • Historic Years: 2015 - 2019
    • Base Year: 2020
    • Forecast Years: 2021 – 2029
  • Market determinants and Influencing Factors
  • Market Dynamics (Drivers, Restraints, Opportunities and Trends)
  • Analysis on Impact of Covid-19: Global Liquid Macrofiltration Filters Market
  • Macro-Economic and Micro-Economic Indicators
  • Porter’s Five Forces Analysis
  • Competitive Benchmarking: Global Presence and Growth Strategies
    • Mergers and Acquisitions
    • Product Launches
    • Investments Trends
    • R&D Initiatives
  • Market Share Analysis, 2020
  • Detailed profiles of major market participants operating in the market, encompassing information pertaining to company details, company overview, product offerings, key developments, financial analysis, SWOT analysis and business strategies
  • Region specific reports including North America, Europe, Asia Pacific, Middle East & Africa and Latin America are also available in our repository.
  • The reports can be provided in different languages including French, Korean, Japanese, Arabic, Spanish, German, Russian, Chinese and other languages.

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Further key findings from the report are mentioned below:

  • The cartridge filters emerged as the prominent product type in liquid macrofiltration filters market in 2020. High product penetration, cost effectiveness and filtration efficiency are some of the major factors which contributed towards the segment’s growth. Cartridge filters are typically used for applications having contaminations lower than 100 ppm. High product demand owing to rise in need for final polishing filter in heavier contamination applications such as water and wastewater treatment, is anticipated to further propel the segment’s growth in the extended run.
  • Water and waste water end-use industry accounted for the highest market revenue in the global liquid macrofiltration filters market in 2020. This is due to prevalence of solid particulates in polluted water along with increasing necessity for contaminant removal. Improved process economics in wastewater treatment in terms of reducing turbidity and suspended solids by assayed macrofiltration systems is one of the major factor which fostered the demand for macrofiltration filters and drove the segment growth in 2020. 
  • Asia Pacific region is expected to show the highest growth rate during the forecast years in the global liquid macrofiltration filters market. The growth in population and urbanisation in countries such as India and China, coupled with the increase in spending by companies in the Asia Pacific region on food supplies, chemical production, and water treatment is expected to drive revenue growth in the Asia Pacific region. More importantly, the region being a manufacturing hub for various commodities, high rate of prolonged industrialization has created lucrative demand for liquid macrofiltration filters in end-use industries. Moreover, according to 2017 WHO and US EPA census, countries involved in drinking water production through treated wastewater are Belgium, Kuwait, South Africa, UK, Australia, Singapore, Namibia etc. Such a trend is further likely to create futuristic opportunities for liquid macrofiltration filters market participants to tap in such markets.

Absolute Markets Insights has segmented the global liquid macrofiltration filters market based on offering, organization size, end-users, application, pricing model, and region.

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Global Liquid Macrofiltration Filters Market Product Type Outlook (Revenue, USD Million, 2015 - 2029)

  • Filter Cartridges
  • Filter Bags
  • Filter Sheets
  • Mesh Screens
  • Others

Global Liquid Macrofiltration Filters Market End-Use Industry Outlook (Revenue, USD Million, 2015 - 2029)

  • Water and Waste Water
  • Food & Beverage
  • Pharmaceuticals
  • Chemicals
  • Paper & Pulp
  • Research
  • Others

Global Liquid Macrofiltration Filters Market Distribution Channel Outlook (Revenue, USD Million, 2015 - 2029)

  • Direct
  • Indirect

Global Liquid Macrofiltration Filters Market Regional Outlook (Revenue, USD Million, 2015 - 2029)

  • North America (U.S., Canada, Mexico, Rest of North America)
  • Europe (France, The UK, Spain, Germany, Italy, Nordic Countries, Benelux Union, Rest of Europe)
  • Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia, Rest of Asia Pacific)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
  • Latin America (Brazil, Argentina, Rest of Latin America)

Key Companies in the global liquid macrofiltration filters market are:

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Press Release Provided By: Absolute Markets Insights