Global Depth Filtration Market Size, Share, Growth Analysis, By Product(Cartridges, membranes), By Application(Water treatment, industrial effluent treatment) - Industry Forecast 2024-2031

Report ID: SQMIG20I2187 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 63 | Figures: 75

Global Depth Filtration Market News

In April 2023, GE Water & Process Technologies announced the launch of its new GE Water ZeeWeed™ Depth Filtration System. This system is designed for use in a variety of applications, including municipal water treatment, industrial water treatment, and wastewater treatment.

In May 2023, Asahi Kasei Corporation announced the launch of its new Asahi Kasei Microza® Depth Filter Membranes. These membranes are designed for use in a variety of applications, including water treatment, industrial effluent treatment, and pharmaceutical and biotechnology.

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Depth Filtration Market size was valued at USD 1.92 billion in 2021 and is poised to grow from USD 2.2 billion in 2022 to USD 4.1 billion by 2030, at a CAGR of 8.8 % during the forecast period (2023-2030).

The competitive landscape of the global depth filtration market is a dynamic arena where innovation, expertise, and strategic collaborations converge to define the industry's trajectory. Renowned players alongside emerging challengers engage in a spirited quest to offer cutting-edge filtration solutions that resonate with diverse industries' evolving needs. Companies strive to stand out by offering versatile filter media, advanced designs, and customized solutions tailored to specific applications. Partnerships, mergers, and acquisitions are strategic moves, facilitating knowledge exchange and technology integration, ultimately expanding product portfolios and global reach. As industries increasingly recognize the critical role of depth filtration in ensuring product quality, safety, and compliance, the competitive landscape transforms into a vibrant canvas where filtration excellence meets industry demands, setting the stage for a future where innovation and strategic alliances drive the global depth filtration market 's transformative journey. 'Pall Corporation - United States', 'Merck KGaA - Germany', 'Sartorius AG - Germany', '3M Company - United States', 'Eaton Corporation plc - Ireland', 'Parker Hannifin Corporation - United States', 'Amazon Filters Ltd. - United Kingdom', 'Graver Technologies, LLC - United States', 'Carl Stuart Group - United Kingdom', 'Porvair Filtration Group - United Kingdom', 'GE Healthcare - United States', 'Thermo Fisher Scientific, Inc. - United States', 'Merck Millipore - Germany', 'ZenPure Corporation - United States', 'Pentair plc - United States', 'Parker Hannifin Corporation - United States', 'Bio-Rad Laboratories, Inc. - United States', 'Alfa Laval AB - Sweden', 'ErtelAlsop - United States', 'Meissner Filtration Products, Inc. - United States'

The increasing stringency of regulatory standards across industries, such as pharmaceuticals, biotechnology, and food and beverages, is a significant driver for the depth filtration market . Regulatory bodies mandate the removal of contaminants and impurities to ensure product quality, safety, and compliance. Depth filtration's ability to effectively capture particles and impurities aligns with these regulations, driving its adoption as a preferred method for ensuring adherence to industry standards.

Rise in Biopharmaceutical Production: The biopharmaceutical sector is experiencing significant growth due to advancements in therapies such as monoclonal antibodies, gene therapies, and cell-based treatments. This trend is driving the demand for efficient and high-quality filtration solutions to ensure the purity and safety of these complex biologics. Depth filtration methods are being adopted to address the diverse filtration needs of biopharmaceutical processes, including clarification, sterilization, and virus removal, contributing to the growth of the depth filtration market .

Within the dynamic global landscape of the depth filtration market , two regions unfurl their distinctive prowess, shaping the industry's narrative with captivating dynamics. North America emerges as the dominating colossus, asserting its influence with a strategic confluence of technological prowess and established industries. Commanding an impressive 40% market dominance, this region stands tall as a hub for pharmaceutical, biotechnology, and water treatment sectors, underscoring its essential role in driving the depth filtration market 's growth.

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Global Depth Filtration Market Size, Share, Growth Analysis, By Product(Cartridges, membranes), By Application(Water treatment, industrial effluent treatment) - Industry Forecast 2024-2031

Global Depth Filtration Market News

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