(MENAFNEditorial) According to report published by Grand View Research,The global nonwoven filter market is expected to reach USD 8.32 billion by 2024.Rising consumer awareness regarding health and safety as well as increasing environmental concerns regarding water and air pollution is expected to benefit the overall market growth. According to a report by Grand View Research, Inc.; the global is predicted to value USD 8.32 billion by 2024. Growing awareness regarding safety and health is anticipated to propel demand for nonwoven filter media. Such filters are likely to offer multiple useful properties such as high efficiency, lightweight, high temperature resistance, and customization.They can be used in multiple end-use industries for various filtration purposes such as transportation, healthcare, and food & beverages. All these factors are anticipated to positively influence the market over the forecast period (2016 to 2024).
Growing necessity for improved sensor shielding and increased service life in automobile engines is anticipated to flourish market growth. Increasing use of nonwoven filters in wastewater purification owing to better retention and oil absorbance properties can fuel growth of the market. Rising adoption of disposable filter products in hospitals and other media centers as prevention from various infections is likely to stimulate the market. Increasing use of nonwoven filter media in automobiles can fuel market expansion. Growing environmental concerns regarding air and water pollution can foster market development during the forecast period.
Full research report on nonwoven filter media marketanalysis:
U.S. Nonwoven Filter Media Market Revenue By Technology, 2014 - 2024 (USD Million)
Growing necessity for wastewater purification and highly efficient automobiles is predicted to impel demand for nonwoven filter media. Major manufacturing companies in the market are introducing innovative filters to offer advanced features for consumer use. For instance, K & N recently launched its new cabin air filter named VF3018 for 2005-2018 Corvette coupes and convertibles. This filter is likely to come pre-treated and can be installed straight out of the box. Except Corvette it can also fit 2005-2009 Cadillac XLR based on Corvette 5. The air filter can be serviced quite easily and in no time using air filter cleaning kit K & N 99-600. The product, made from non-woven synthetic filter media, can replace the cabin air filters with washable and reusable offering fresh incoming air.
However, growing demand for membrane filtration is likely to hinder growth of the market for non-woven filter media. In addition, growing emergence of green standards is likely to obstruct the growth during the forecast period. Rising demand for waste water management services and advanced healthcare facilities is likely to create lucrative opportunities for manufacturers of nonwoven filter media. In addition, continuous technological advancements in the product can fuel new opportunities for this market in the forthcoming years.
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The nonwoven filter media market can be segregated on the basis of technology, application, and region. Based on technology, the market can be divided into meltblown, spunbond, needlepunch, and wetlaid. On the basis of application, the market can be split into water filtration, transportation, HVAC, food & beverages, manufacturing, healthcare, hydrocarbon processing. Regional segmentation includes Europe, North America, Asia Pacific, Central & South America, and Middle East and Africa.
In Asia pacific, the market for nonwoven filter media is estimated to witness around 7.7% CAGR during the forecast period. owing to increasing demand for automobiles using the product as air filters and development in pharmaceutical sector. In North America, the market can expand remarkably in the coming years based on resurgence in vehicles sales in the region. In addition, continuous advancements in oil filters for cars are likely to propel demand for nonwoven filter media in the region.
In Central and South America, the market is anticipated to grow during next few years owing to increasing oil-drilling activities in the region. In Europe, the market is predicted to face tough competition from other form of filtration media and purification technologies. In Middle East & Africa, the market is likely to flourish in the next few years owing to high prevalence of oil drilling activities and rising demand for nonwoven filter media.
Some of the leading companies operating in the nonwoven filter media market are Cummins Filtration; 3M; Dupont Inc.; Honeywell Process Solutions; and Kimberly-Clark Corporation.
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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.
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