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Melt-Blown Polypropylene Filters Market Driving Factors and Future Trends to 2025 | Borealis, 3M, United Filters, Clack, Pal Corporation, Trinity Filtration Technologies
Melt-Blown Polypropylene Filters Market
Key growth enabling factor that is driving the melt-blown polypropylene filters demand is growing concerns over the risk associated with drinking water. Rising population in the emerging countries has increased the drinking water demand around the globe. Many countries are opening new desalination plants in order to fulfil drinking water demand. In recent years, only 1% of the water demand has been fulfilled using desalination plants across the world. Increasing safe drinking water demand will create need for more desalination plants across the world, which will enhance the melt-blown polypropylene filters demand in the coming years.
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North America is likely to have a significant melt-blown polypropylene filters market demand in the coming years due to growing oil & industry. The U.S. reported approximately 16% increase in the crude oil production in 2018 which is a key reason for the growth of the market. Asia Pacific also accounted for a significant share due to rising demand for water treatment plants in the coming years.
Major countries including China and India are likely to drive the water treatment industry in the region. Major European countries including UK and Germany will also have considerable melt-blown polypropylene filters demand in the upcoming years due to growth in the pharmaceutical and chemical industry.
Melt-blown polypropylene filters market has been segmented based on media, end-user industry and region. Based on media, the industry has been categorized into air and liquid media. Liquid media division will hold a significant share in the upcoming years due to growing demand in the food & beverages industry. These products effectively retain solid particles in food & beverage products. Air media division will also grow at a substantial rate in the coming years.
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On the basis of end-user industry, the market has been categorized into water treatment, food & beverages, chemical, oil & gas, pharmaceuticals and others. Other end-user industry consists of microelectronics, cosmetics, etc. Food & beverages industry accounted for a significant share in the melt-blown polypropylene filter market due to rising usage of product in processing a variety of food & beverages product including, juices, soft drink, wine, etc. Oil & gas industry is also a key end-user segment as the product is extensively used in refining the crude oil. Global crude oil production has been estimated to a value of approximately 4,400 MT in 2018 and is likely to grow at a significant rate in the coming years. Rising demand for crude oil across the globe will enhance the melt-blown polypropylene filters demand in the coming years.
Some of the key players in melt-blown polypropylene filters market includes Parker Hannifin, Borealis, 3M, United Filters, Clack, Pal Corporation, Trinity Filtration Technologies, Eaton, lenntech and Brother filtration.
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