The String Wound Filter Materials Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s String Wound Filter Materials Global Market Report 2024, The string wound filter materials market size has grown strongly in recent years. It will grow from $1.74 billion in 2023 to $1.87 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to water quality concerns, industrial processes, regulatory compliance, wastewater treatment, increased demand for string wound filters.
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.
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.
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The String Wound Filter Materials Market Covered In This Report Is Segmented –
String Wound Filter Materials By Yarn Type:
Polypropylene
Cotton
Rayon
Polyester
Other Yarn Types
String Wound Filter Materials By Core Material:
Polypropy
lene
Stainless Steel
Other Core Materials
String Wound Filter Materials By End Use Industry:
Chemicals And Petrochemicals
Water And Wastewater Treatment
Oil And gas
Pharmaceuticals And Medical
Food And Beverage
Other End Use Industries
Top Key Players:
Johns-Manville Corporation
MMP Filtration Pvt. Ltd.
Shanghai Melko Filtration Co. Ltd.
Coleman Filter Company
Delta Pure Filtration LLC
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 report table of contents includes:
1. Executive Summary
2. String Wound Filter Materials Market Characteristics
3. String Wound Filter Materials Market Trends And Strategies
4. String Wound Filter Materials Market – Macro Economic Scenario
5. Global String Wound Filter Materials Market Size and Growth
…..
31. Global String Wound Filter Materials Market Competitive Benchmarking
32. Global String Wound Filter Materials Market Competitive Dashboard
33. Key Mergers And Acquisitions In The String Wound Filter Materials Market
34. String Wound Filter Materials Market Future Outlook and Potential Analysis
35. Appendix
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