Asia-Pacific, Middle East & Africa Macrofiltration Market Expected to Reach $4.4 Billion by 2026
The macrofiltration market for Asia-Pacific, Middle East, and Africa was valued at $2.6 billion in 2018 and is projected to reach $4.4 billion by 2026, at a CAGR of 6.7% from 2019 to 2026. The Asia-Pacific, Middle East, and Africa macrofiltration market in the pharmaceutical sector is expected to grow at a faster pace since these are used for the antibiotic separation process and to enhance synthesis reaction conversion. Moreover, the increase in sales of generic medicines, rise in growth of the pharmaceutical industry in emerging economies such as India and China, developments in medical infrastructure, and surge in demand for low-cost drugs are some of the factors that contribute toward the growth of the pharmaceutical sector. As the pharmaceutical sectors of China, India, and Japan are witnessing growth, the requirement for macrofiltration is expected to increase notably.๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ : https://www.alliedmarketresearch.com/request-sample/6651
Increase in usage of macrofiltration in water purification & wastewater treatment and government regulations associated with water pollution are Asia-Pacific, Middle East, and Africa macrofiltration market trends observed in recent years. Growth in the biopharmaceutical industry, rise in population, and rapid industrialization across emerging economies are other factors that supplement the market growth. However, high initial investment, lack of funds in developing countries, and strict government regulations associated with the validation of filtration procedures restrict the growth of the Asia-Pacific, Middle East and Africa microfiltration market.
Based on type, the Asia-Pacific, Middle East, and Africa macrofiltration market analysis is done into granular micro filter, filter press filter, leaf tubular and press filters, bag filters, belt filter presses, auto backwash filters, and others. The auto backwash filter segment is expected to grow with a CAGR of 9.3% during the forecast period. Rising demand for filtered water in the food & beverage industry and residential sector to maintain product safety is driving the growth of the market. However, high cost of auto backwash filters and high maintenance cost is hampering the growth of backwash filter. Furthermore, emerging trend such as increasing water treatment plants in Asia-Pacific is estimated to provide lucrative growth opportunities to the market.
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ฐ๐ข๐ญ๐ก ๐ฒ๐จ๐ฎ'๐ซ๐ ๐๐๐ช๐ฎ๐ข๐ซ๐๐ฆ๐๐ง๐ญ๐ฌ: https://www.alliedmarketresearch.com/request-for-customization/6651
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
The Asia-Pacific, Middle East, and Africa Macrofiltration industry's key market players adopt various strategies such as product launch, product development, collaboration, partnership, and agreements to influence the market. It includes details about the key players in the market's strengths, product portfolio, market size and share analysis, operational results, and market positioning.
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐ฆ๐๐ฃ๐จ๐ซ ๐ค๐๐ฒ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐๐ฌ๐ข๐-๐๐๐๐ข๐๐ข๐, ๐๐ข๐๐๐ฅ๐ ๐๐๐ฌ๐ญ ๐๐ง๐ ๐๐๐ซ๐ข๐๐ ๐๐๐๐ซ๐จ๐๐ข๐ฅ๐ญ๐ซ๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ ๐ข๐ง๐๐ฅ๐ฎ๐๐,
OSTWALD FILTRATION SYSTEMS GMBH
PENTAIR PLC,
DANAHER CORPORATION
AMIAD WATER SYSTEMS
MANN+HUMMEL
MTB TECHNOLOGIES SP. Z O.O.
ASCENSION INDUSTRIES, INC.,
SUEZ WATER TECHNOLOGIES INC.
PARKER HANNIFIN,
FILTRATION GROUP
Based on industry vertical, the market is segmented into water and wastewater, chemical and pharmaceutical, mining and metal, food and beverage, paper and pulp, and others. The rise in use of drum and disk filters in mining applications is boosting the macrofiltration market for the mining industry. Based on region, the market is analyzed across Asia-Pacific, the Middle East, and Africa. Asia-Pacific holds the major share in the macrofiltration market in 2019. Macrofiltration membranes are used for the treatment of municipal wastewater to clean and recycle it before using it for drinking as well as sanitation. Also, macrofiltration finds applications in the chemical industry and is used to purify process streams. The demand for macrofiltration is expected to increase due to the significant expansion of the chemical industry across India, China, and Japan. In addition, macrofiltration is widely used in the dairy industry for lactose concentration and demineralization. The rise in demand for dairy products in emerging economies such as India and China, is anticipated to drive the Asia-Pacific, Middle East, and Africa macrofiltration market growth in the region.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/6651
๐๐๐ฒ ๐ ๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐๐ ๐๐ก๐ ๐๐ญ๐ฎ๐๐ฒ:
- The water and wastewater segment was the highest contributor in the Asia-Pacific, Middle East and Africa macrofiltration market size, and is estimated to grow at a CAGR of 6.6% during the forecast period.
- Asia-Pacific is anticipated to dominate the Asia-Pacific, Middle East, and Africa macrofiltration market share during the entire forecast period.
- The granular micro filter segment was the highest contributor to the market and is estimated to grow at a CAGR of 5.7% during the forecast period.
- Auto backwash filters and belt filter press are expected to witness considerable CAGRs of 9.3% and 6.9%, respectively, during the forecast period.
๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ข๐ง ๐๐ง๐๐ซ๐ ๐ฒ ๐๐ง๐ ๐๐จ๐ฐ๐๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
๐. ๐๐๐๐ซ๐จ๐๐ข๐ฅ๐ญ๐ซ๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ - https://www.prnewswire.com/news-releases/macrofiltration-market-to-reach-9-9-bn-globally-by-2027-at-6-2-cagr-allied-market-research-301058490.html
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