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Nonwoven Filtration Global Market 2023 - By Business Trends, Technological Advancement, Growth Factors And Forecast To 2032
Nonwoven Filtration Market
The Business Research Company's Nonwoven Filtration Global Market Report 2023 identifies increasing demand for water treatment as the major driver for the Nonwoven Filtration market's growth in the forecast period. Water treatment refers to coagulation, flocculation, and sedimentation processes used to remove impurities from water, making it safe for drinking. Nonwoven filtration helps in water treatment by removing ultrafine dust particles and impurities from water to keep it clean and fit for household purposes.
The global nonwoven filtration market size is expected to grow from $7.10 billion in 2022 to $7.56 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The nonwoven filtration market size is expected to reach $9.67 billion in 2027 at a CAGR of 6.3%.
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Major competitors in the Nonwoven Filtration market are Berry Plastics Inc., Ahlstrom-Munksjö Oyj, 3M, Cardinal Health Inc., Domtar Corporation, Molnlycke Health Care AB, B. Braun, Paul Hartmann AG.
A key trend in the Nonwoven Filtration market includes technological advancement. Major competitors in the market are utilising cutting-edge technologies more often to maintain their position in the nonwoven filtration market. For instance, in March 2022, The Nonwovens Innovation and Research Institute (NIRI), a US-based institute in nonwoven engineering and product development launched a new filtration platform with nonwoven adsorbent technology for the selective filtration of compounds, molecules, and particles from liquid gaseous environments. It is designed to immobilize COVID-19 and to prevent cross-infection from contaminated products between healthcare staff and patients.
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The Nonwoven Filtration market is segmented -
• By Type: Dry Laid Nonwoven, Meltblown Nonwoven, Wet Laid Nonwoven
• By Layer: Single, Multi-Layer
• By Technology: Spunbond, Meltblow, Wetlaid, Airlaid, Thermobond, Needlepunch, Spunlace, Other Technologies
• By End Use Industry: Transportation, Water Filtration, Food And Beverage, HVAC, Manufacturing, Medical And Healthcare, Other End Use Industries
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Nonwoven Filtration market.
The Business Research Company's "Global Nonwoven Filtration Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Nonwoven Filtration Market Include:
1. Executive Summary
2. Nonwoven Filtration Market Characteristics
3. Nonwoven Filtration Market Trends And Strategies
4. Nonwoven Filtration Market - Macro Economic Scenario
5. Nonwoven Filtration Market Size And Growth
……………………………
26. Africa Nonwoven Filtration Market
27. Nonwoven Filtration Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Nonwoven Filtration Market
29. Nonwoven Filtration Market Future Outlook and Potential Analysis
30. Appendix
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