The string wound filter materials market size is expected to see strong growth in the next few years. It will grow to $2.51 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to global water scarcity, industrial expansion, evolving filtration needs, consumer education and market awareness, environmental regulations. Major trends in the forecast period include microplastic filtration, customized filter solutions, wastewater treatment, smart filtration, advanced filter media.
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Scope Of String Wound Filter Materials Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
String Wound Filter Materials Market Overview
Market Drivers –
The increasing need for wastewater treatment is expected to fuel the growth of the string wound filter materials market in the forecast period. Wastewater treatment is the method of removing pollutants from wastewater or sewage and converting it to effluent that can be added to the water supply with minimal environmental effects. String wound filter materials are prevalent and highly effective in wastewater treatment. String wound water filters are a form of depth filter that traps dirt not only on the surface but down to the center. For instance, according to a 2021-2022 report published by Water.org, a US-based non-profit organization for providing sanitation and safe water solutions, in the US, households without a water connection account for nearly 1.5 times the population. In order to fulfill their basic needs, 122 million people rely on surface water, like a river. Daily trips to collect water by millions of people. More than 30 minutes are regularly devoted by 282 million people. About 771 million Americans, or one in ten, do not have access to clean water. Therefore, the increasing need for wastewater treatment drives the growth of the string wound filter materials market.
Market Trends –
The growing technological advancements are a key trend gaining popularity in the string wound filter materials market. Major companies operating in the string wound filter materials sector are focused on developing technological solutions for string wound filter materials. For instance, Gopani, an Indian filter cartridge manufacturer is offering Clarywound 3X string wound filter cartridges that have three times the filtration efficiency of a regular wound filter cartridge. Clarywound 3X cartridges are made using a patented CNC machining process that creates a true multi-layered micronic gradient that spans five separate cartridges.
The string wound filter materials market covered in this report is segmented –
1) By Yarn Type: Polypropylene, Cotton, Rayon, Polyester, Other Yarn Types
2) By Core Material: Polypropylene, Stainless Steel, Other Core Materials
3) By End Use Industry: Chemicals And Petrochemicals, Water And Wastewater Treatment, Oil And gas, Pharmaceuticals And Medical, Food And Beverage, Other End Use Industries
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Regional Insights –
Asia-Pacific was the largest region in the string wound filter materials market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the market. The regions covered in the string wound filter materials market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major companies operating in the string wound filter materials market include Johns-Manville Corporation, MMP Filtration Pvt. Ltd., Shanghai Melko Filtration Co. Ltd., Coleman Filter Company, Delta Pure Filtration LLC, Cleanflow Filter Ltd., Eaton Corporation, Feature-Tec Co. Ltd., Gopani Product Systems Private Ltd., Hongtek Filtration Co. Ltd., Shelco Filters Corp., United Filters International Inc., Ahlstrom-Munksjo Oyj, Berry Global Inc., CFS Ltd., ErtelAlsop, FilterCor Inc., Fil-Trek Corporation, Freudenberg Filtration Technologies, Hengmao Filter Elements Company, Hollingsworth & Vose Company, Koch Filter Corporation, Lenntech B.V., MAHLE Industry India Private Limited, MANN+HUMMEL GmbH, Parker Hannifin Corporation, Pentair plc, Porvair Filtration Group, Precision Filtration Products Inc., The Lee Company
Table of Contents
1. Executive Summary
2. String Wound Filter Materials Market Report Structure
3. String Wound Filter Materials Market Trends And Strategies
4. String Wound Filter Materials Market – Macro Economic Scenario
5. String Wound Filter Materials Market Size And Growth
…..
27. String Wound Filter Materials Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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