Depth Filtration Market worth 2.96 Billion US$ till 2022 | Merck KGaA,Pall Corporation, Parker-Hannifin Corporation, Sartorius Stedim Biotech S.A., 3M Company, Eaton

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The Global Depth Filtration Market is projected to reach US$ 2.96 Billion by 2022 from US$ 1.70 Billion in 2017, at a CAGR of 11.7% from 2017 to 2022. Increasing demand for biopharmaceuticals and increasing R&D expenditure in the biopharmaceutical industry are the major factors driving the growth of the global depth filtration market.

Developing markets in the Asia-Pacific region such as Japan, China, India, South Korea, Taiwan, Australia, and Singapore are lucrative markets for depth filtration, growing per capita income, increasing investments in the healthcare industry by key market players, and increasing outsourcing services by various pharmaceutical and biopharmaceutical companies from these countries are the major factors driving the growth of the depth filtration market in this region.

On the basis of product, the market is segmented into cartridge filters, capsule filters, filter modules, filter sheets, and other products (filter bags and filter papers). The cartridge filters segment is estimated to account for the largest share of the depth filtration market in 2017. Whereas, the capsule filters segment is estimated to grow at the highest CAGR during the forecast period. The large share of the cartridge filters segment can be attributed to their high dirt-holding capacity and long service life, which ultimately helps in the reduction of labor costs by decreasing filter change-out frequency.

Research Coverage:
Depth Filtration Market report focuses on qualitative data, market size, and growth of various segments and sub segments, competitive landscape, and company profiles. The qualitative data covers various levels of industry analysis such as market dynamics (drivers, restraints, opportunities, and challenges). The report also offers market sizes and data on the growth of various segments of the industry. It focuses on emerging and high-growth segments, and high-growth regions. The competitive landscape covers growth strategies adopted by industry players in the last three years.

#Top Key Players in the “Depth Filtration Market” include Merck KGaA,Pall Corporation (A Subsidiary of Danaher Corporation),Parker-Hannifin Corporation,Sartorius Stedim Biotech S.A.,3M Company,Eaton Corporation PLC,Amazon Filters Ltd.,Ertelalsop,Graver Technologies, LLC,Meissner Filtration Products, Inc.,Filtrox AG,Fileder Filter Systems Ltd.,Carl Stuart Group (Pure Process),Wolftechnik Filtersysteme GmbH & Co. Kg,Saint-Gobain Performance Plastics.

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#Target Audience/Stakeholders for Depth Filtration Market: Vendors/Service Providers,Pharmaceutical Manufacturers,Biopharmaceutical Manufacturers,Contract Manufacturing Organizations (CMOs),Contract Research Organizations (CROs).

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