The global ceramic filter market size is expected to reach USD 2.97 billion by
2025, according to a new report by Grand View Research, Inc., progressing at a
CAGR of 13.5% during the forecast period. Favorable environmental regulations
concerning water treatment, water disposal, and hazardous gas emissions from
industrial installations are poised to fuel the demand for the product.
Ceramic filters are replacing polymer
filters owing to their high mechanical strength as compared to polymeric
membranes. In addition, ceramic filtration membranes have a higher cleaning
capacity and thus less number of membranes are required to treat the same
volume of water as polymer filtration membranes. Superior qualities of ceramic
filters are likely to stir up its demand.
Ceramic filters are used for reducing
gaseous and volatile organic compound (VOC) emissions from industrial
complexes. Mandates such as the Clean Air Act implemented and enforced by EPA
for safeguarding public from exposure to harmful toxic gases are expected to
spur the growth of the market over the forecast period.
Players in the market are focusing on
R&D activities to develop new technologies, such as ceramic floatation
filtration water purification process, which require lower energy consumption.
However, high initial cost associated with the product is estimated to hamper
the growth prospects over the forecast period.
Further key findings from the report suggest:
· Ceramic water filters accounted for 55.0%
in 2017, owing to water scarcity coupled with increasing demand for clean
drinking water, majorly in developed regions of North America and Europe
· Industrial application is anticipated to
witness significant growth at a CAGR of 13.7% during the forecast period on
account of rising number of pollution control initiatives taken by various
regional governments
· Consumption of the product in
bio-filtration in the industrial segment is projected to rise at a CAGR of
14.3% during the same period owing to increasing awareness regarding
application of the technology for removing hazardous gas emissions
· Asia Pacific represented 35.9% of the
global value in 2017 on account of stringent environmental norms and wide
acceptance of the product across various end-use industries in the region
· Major players in the market are engaged in
R&D activities and establishing partnerships for expanding production
capacity and new product development, thereby obtaining a competitive edge in
the market.
Grand View Research has segmented the
global ceramic filter market on the basis of product, application, and region:
Ceramic Filter Product Outlook (Revenue,
USD Million, 2012 - 2025)
·
Ceramic water filter
·
Ceramic air filter
Ceramic Filter Application Outlook
(Revenue, USD Million, 2012 - 2025)
·
Residential
·
Commercial
·
Industrial
o
Hot gas Filtration
o
Oil-water Separation
o
Bio-Filtration
Ceramic Filter Regional Outlook (Revenue,
USD Million, 2012 - 2025)
·
North America
o
U.S.
·
Europe
o
Germany
o
U.K.
·
Asia Pacific
o
China
o
India
o
Japan
·
Central & South America
·
Middle East & Africa
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.
