Bareilly Mail

Press Release

Depth Filtration Market Is Projected To Witness Growth Owing To Rising Usage In The Manufacturing Of Healthcare Products Till 2025: Grand View Research, Inc.

September 11
15:42 2017

Grand View Research, Inc. – Market Research And Consulting.
According to the report published by Grand View Research, global depth filtration market is anticipated to reach USD 4.02 billion by 2025. The market is expected to witness growth on account of Rising demand for clean and high quality filter goods in pharmaceutical and biopharmaceutical industry.

The global depth filtration 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.

Full research report on depth filtration market analysis: http://www.grandviewresearch.com/industry-analysis/depth-filtration-market

U.S. depth filtration market revenue by media type, 2014 – 2025 (USD Million)

 

U.S. 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

View more reports of this category by Grand View Research at: http://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
    • U.S.
  • Europe
    • UK
    • Germany
  • Asia Pacific
    • China
    • India
  • Central & South America
  • Middle East & Africa

Access press release of this research report by Grand View Research: http://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  

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1-415-349-0058, Toll Free: 1-888-202-9519
Address:28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States
Website: http://www.grandviewresearch.com/industry-analysis/depth-filtration-market

Calendar

December 2017
M T W T F S S
« Nov    
 123
45678910
11121314151617
18192021222324
25262728293031