report published by Infinium Global Research on the depth filtration market
provides an in-depth analysis of segments and sub-segments in the global as well
as regional depth filtration market. The study also highlights the impact of
drivers, restraints, and macro indicators on the global and regional depth
filtration market over the short term as well as long term. The report is a
comprehensive presentation of trends, forecasts, and dollar values of the global
depth filtration market. According to the report, the global depth filtration
market is projected to grow at a CAGR of 8% over the forecast period of
2022-2028. The revenue generated by the depth filtration market was approximately USD 2 billion
in 2021 and is expected to reach approximately USD 3 billion in 2028.
depth filtration market is projected to register with a CAGR of 8% during the
forecast period. Depth filtration is the process of removing suspended
particles from the fluid through the thickness of the medium. The depth
filtration technology is widely being used across industries for the extraction
of solid materials from liquids. This technology is commercially used in the
application sectors such as essential oils extraction, plasma filtration,
transformer oil filtration, and water removal among others. Depth filtration
systems are made up of depth filter media and are used in wide industrial
applications such as chemicals and fine chemicals, cosmetics, pharmaceuticals,
food and beverages, and biotechnology among others. The depth filtration
technology is increasingly used in the healthcare segment, which in turn is
projected to augment the market size of depth filtration in the world market.
The growth of this market is majorly driven by factors such as the growing
adoption of disposable filters and benefits such as ease of use and low cost of
media and filters. However, factors such as the requirement for high capital
investments for setting up production facilities are expected to restrain the
growth of this market during the forecast period.
an incomparable global public health emergency that has affected almost every
industry and is projected to impact these various industry growths during the
forecast period. During the Covid-19, pandemic people were compelled to stay in
their homes. The governments of many countries in the world turned their focus
to healthcare from other industries. This significantly disrupted their supply
chain operations and manufacturing as lockdowns were imposed by the respective
governments. Manufacturing facilities were all shut down due to the pandemic in
almost every country across the globe. Logistical restrictions, manpower
shortage, material unavailability, and other restrictions had reduced the
growth of the industry. The pandemic has affected the normal production of
companies. The COVID-19 pandemic has created instability in the depth
filtration market across the globe. However, the market is now estimated to
have reached pre-pandemic levels and is expected to grow steadily during the
market for depth filtration has been growing at a substantial rate over the
past few years. This trend is anticipated to continue over the forecast period.
The growth in this market is primarily driven by factors such as increasing
applications of depth filtration in the production of biologics and large
molecules, low cost, and ease of use of depth filters. However, the growth in
the market is restrained by the stringent regulation by governments
invalidating the depth filtration process. Moreover, the expiry of patents of
several blockbuster biologics is projected to create more opportunities for the
use of depth filtration in the manufacturing of biosimilar and other biologics.
The global depth filtration market is projected to grow at a rapid pace over
the second half of the forecast period. The low cost associated with depth
filtration and its ease of use is likely to replace other conventional
filtration methods used in the application industries.
provides a regional outlook covering geographies such as North America, Europe,
Asia-Pacific, and the Rest of the World. North America holds the command over
the global depth filtration market and is expected to dominate the overall
market during the forecast period. Owing to the increasing number of
pharmaceutical and biotechnology companies, rising concern regarding
purification, quality, protection of contaminants, and growth in water
filtration, filtration, food & beverage, and raw material purification
products. As per the Pharmaceutical Research and Manufacturers Association
(PhRMA), United States companies conduct over half the world’s research and
development (R&D) in pharmaceuticals making this region a leader in
pharmaceutical R&D. thus resulting in propelling the growth of depth
filtration as these processes are crucial in pharmaceutical as well as food
& beverage, water purification and many more which further boost the
overall market in this region. The Asia Pacific market, on the other hand, is
expected to register the highest growth during the forecast period. Factors
such as increasing research and development by pharmaceutical companies in
China, India, and Japan are likely to support the growth of this market.
on the global depth filtration market covers segments such as media, product type,
and application. On the basis of media, the sub-markets include activated
carbon, diatomaceous earth, cellulose, and perlite. On the basis of product
type, the sub-markets include cartridge filters, capsule filters, and others.
On the basis of application, the sub-markets include final product processing,
cell clarification, raw material filtration, blood separation, and others.
provides profiles of the companies in the market such as Pall Corporation,
Eaton Corporation, Parker-Hannifin Corporation, 3M Company, Amazon Filters
Ltd., Ertelalsop, Graver Technologies, Meissner Filtration Products, Inc.,
Filtrox AG, and Fielder Filter Systems.
provides deep insights into the demand forecasts, market trends, and micro and
macro indicators. In addition, this report provides insights into the factors
that are driving and restraining the growth in this market. Moreover, The
IGR-Growth Matrix analysis given in the report brings an insight into the
investment areas that existing or new market players can consider. The report
provides insights into the market using analytical tools such as Porter's five
forces analysis and DRO analysis of the depth filtration market. Moreover, the
study highlights current market trends and provides forecasts for 2022-2028. We
also have highlighted future trends in the market that will affect the demand
during the forecast period. Moreover, the competitive analysis given in each
regional market brings an insight into the market share of the leading players.