The Sintered Metal Filters Global Market Report 2023, provides comprehensive information on the sintered metal filters market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Sintered Metal Filters Global Market Report 2023, the global sintered metal filters market size is expected to grow from $1.29 billion in 2022 to $1.38 billion in 2023 at a compound annual growth rate (CAGR) of 7.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global sintered metal filters market size is expected to grow to $1.81 billion in 2027 at a CAGR of 6.9%.
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Strategic partnerships are the key trend gaining popularity in the sintered metal filters market. Major companies operating in the sintered metal filters market are focusing on expanding strategic partnerships to strengthen their position in the market. For instance, in November 2022, Rypos Inc. a US-based diesel particulate filter solutions company partnered with Dürr Universal, a US-based filtration solutions company and Mack Molding, a US-based metal fabrication company to manufacture sintered metal filters and other necessary parts for diesel particulate filters. Instead of using exhaust heat to burn away particles, Rypos’ filters use electrically heated, sintered metal filters, which send electric currents through the filter’s fibers. Furthermore, in February 2023, Porvair Filtration Group, a UK-based provider of filtration solutions for various applications commissioned a fully integrated powder metallurgy production cell at its Caribou, Maine, USA, facility to produce its sintered powder products such as sintered metal filters.
The sintered metal filters market is segmented:
1) By Type: Low Porosity (<30%), Medium Porosity (30~60%), High Porosity (>60%)
2) By Product: Fluid Filters, ICE Filters, Air Filters
3) By Application: Metallurgy Industry, Power Industry, Chemical Industry, Medical Industry, Electronics Industry, Other Applications
Asia-Pacific was the largest region in the sintered metal filters market in 2022.
The table of contents in TBRC’s sintered metal filters market report includes:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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