Non-Woven Filter Media Market: Worldwide Leading Players In Depth Analysis till 2023 | DowDuPont, Sandler AG, Ahlstrom-Munksjö, 3M, Parker Hannifin Corp., Hollingsworth & Vose, Berry Global Inc., Johns Manville

Key Findings:

Market Research Future concludes that over the past few years, the global nonwoven filter media market has witnessed a healthy growth and as per the analysis, the market is likely to continue growing over the forecast period.

Global Non-Woven Filter Media Market is projected to reach USD 7206.8 million by 2023 at a CAGR of 7.01% during the review period 2017-2023.

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The market growth is attributed towards the continuously increasing growth of the application segment such as transportation, water filtration, HVAC, food & beverages, manufacturing, pharmaceutical, refining, mining, and homecare, among the others.

The transportation segment is anticipated to retain its dominance over the forecast period to reach USD1593.5 million by 2023 end due to growing demand for nonwoven filter media in automotive filtration such as engine air, cabin air, and oil and fuel.

The water filtration is the second largest application segment for nonwoven filter media and was accounted for 20.0% market share of the global market in 2016.

Leading Global Players:

Some of the key players operating in the global Non-woven Filter Media Market are, 3M, DowDuPont, Sandler AG, Ahlstrom-Munksjö, Parker Hannifin Corp., Pentair Residential Filtration, Johns Manville, Freudenberg Filtration Technologies, Hollingsworth & Vose, Berry Global Inc.

Market Overview:

Non-woven filter is described as random fibers bound together by entangling filaments mechanically, thermally or chemically, so as to have interconnecting open areas throughout the cross-section which can remove a percentage of particulate matter from liquid or gaseous fluid streams flowing through it. The global nonwoven filter media market is being driven by factors such as increasing application in transportation industry coupled with the rising consumer awareness regarding water & air pollution. Significant increase in automotive production and sales, specifically in emerging economies of Asia Pacific and Latin America such as China, India, Thailand, Malaysia, Brazil, Mexico and Argentina is set to propel market growth over the forecast period. Better economic scenario and shift in lifestyle along with the rising consumer confidence have resulted in the increasing demand for new, fuel-efficient, and technologically advanced cars. In addition, major steps taken up by government and environmental bodies across the globe towards reducing water pollution is set to uplift nonwoven filter media demand over the next 7 years.

Market Segmentation:

The Global Non-woven Filter Media Market is segmented on the basis of product, filter type, technology, application and region.

On the basis of product, nonwoven filter media market is segmented as surface filter and depth filter. Based on filter type, the market is segmented as synthetic and natural filter. Based on technology, the market is segmented as spounbound, meltblown, waitlaid, needle punch and other segment. On the basis of application, market is segmented as transportation, water filtration, HVAC, food & beverages, manufacturing, pharmaceutical, refining, mining, homecare and others. Based on the region, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Regional Analysis:

The Non-woven Filter Media Market is spanned across five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

Among these, Asia Pacific region offers huge growth potential for nonwoven filter media market and is slated to register the highest CAGR of 7.14% during the forecast period. China accounted for largest market share in the Asia Pacific region, and expected to dominate during the forecast period in the region due to growing end user industries in the region. Asia Pacific has accounted for the largest market share followed by North America and Europe. The North American market is further divided into the U.S. and Canada while the European market is segmented into Germany, Russia, the U.K., France, Italy and Rest of Europe. The Asia Pacific Market is sub-divided into China, India, Japan, South Korea, Australia, and Rest of Asia Pacific. The global nonwoven filter media market is expected to reach USD 7206.7 million by the end of forecasted period i.e. 2023.

List of Figures

FIGURE 1- Global Non-Woven Filter Media Market Segmentation

FIGURE 2- Forecast Methodology

FIGURE 3- Five Forces Analysis Of Global Non-Woven Filter Media Market

FIGURE 4- Value Chain Of Global Non-Woven Filter Media Market

FIGURE 5- Share Of Global Non-Woven Filter Media Market In 2014, By Country (In %)

FIGURE 6- Global Non-Woven Filter Media Market, 2015-2022, (USD Billion)

FIGURE 7- Sub-Segments Of Functions

FIGURE 8- Global Non-Woven Filter Media Market Size By Function, 2015

FIGURE 9- Share Of Global Non-Woven Filter Media Market By Function, 2012 To 2022

FIGURE 10- Global Non-Woven Filter Media Market Size By Source, 2015

FIGURE 12- Share Of Global Non-Woven Filter Media Market By Source, 2012 To 2022

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