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String Wound Filter Materials Market worth $1.8 billion by 2027 | Key players Atlas William Barnet and Son, LLC (US), Micronics Engineered Filtration Group, Inc. (US).

02-15-2024 04:12 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketsandMarkets

String Wound Filter Materials Market, String Wound Filter Materials, Europe String Wound Filter Materials Market, APAC String

String Wound Filter Materials Market, String Wound Filter Materials, Europe String Wound Filter Materials Market, APAC String

According to recent market research the "String Wound Filter Materials Market by Yarn Type (PP and Cotton), Core Materials (PP and Stainless Steel), End-Use Industry (Water & Wastewater Treatment, Chemical & Petrochemical, and Food & Beverage), and Region - Global Forecast to 2027", The market for String Wound Filter Materials is approximated to be USD 1.4 billion in 2022, and it is projected to reach USD 1.8 billion by 2027, at a CAGR of 4.5%. The major drivers influencing the growth of the string wound filter materials market are increasing demand from end-use industries & government initiatives for stringent water treatment norms, growing desalination industry, preference for string wound filters due to high dirt-holding capacity and low cost and replacement market for string wound filter cartridges. However, problems related to media migration and chemical leaching affecting usability of string wound filters are the factors expected to restrain the market of string wound filter materials. Large-scale and growing demand for glass fiber string wound filters from chemical & petrochemical industry and high growth in emerging economies such as Southeast Asian (SEA) countries presents a significant market opportunity for string wound filter materials manufacturers. Moreover, availability of alternative filter media is the major challenge for the string wound filter materials market.

Browse 168 market data Tables and 32 Figures spread through 186 Pages and in-depth TOC on "String Wound Filter Materials Market - Global Forecast to 2027"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/string-wound-filter-materials-market-121211067.html

Polypropylene yarn accounted for the larger share of the string wound filter materials market by type in 2021, in terms of value and volume. Polypropylene yarn has the edge over others due to higher air volume, greater yarn twist, and random fiber arrangements. FDA-approved polypropylene yarns find usage in food & beverage, water & wastewater treatment, and pharmaceutical applications. This makes polypropylene a suitable yarn string wound filters to be used as pre-filters or primary filters in end-use industries.
In string wound filter cartridges, the selection of core materials also plays an important role in the filter cartridge's performance. Polypropylene is commonly available core materials for string wound filters. Polypropylene accounted for the largest share of the core materials for string wound filters. Low cost and chemical compatibility are the driving factors for the preference of polypropylene as a core material. However, polypropylene has limitations in operating temperature, as they are suitable for temperatures only up to 140 0C.

In this report, End-use industry is segmented into water & wastewater treatment, chemical & petrochemical, food & beverages and others. The water & wastewater treatment segment accounted for the largest share of the string wound filter materials market. The growing need for freshwater and high consumption from the industrial sector drives the demand for water & wastewater treatment globally.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=121211067

Asia Pacific accounted for the largest share of the string wound filter materials market. China was the region's largest market for string wound filter materials in 2021, followed by Japan, India, and South Korea. The large population and presence of the largest manufacturing base of the world is the key factor driving the demand for string wound filter materials in the region. In addition to this, the demand for string wound filter materials in this region is also attributed to high growth in the water & wastewater treatment industry. These countries are projected to witness a steady increase in consumption between 2022 and 2027.

The String Wound Filter Materials Market comprises major players such as Schweitzer-Mauduit International, Inc. (SWM) (US), Coats Group Plc (UK), William Barnet and Son, LLC (US), Micronics Engineered Filtration Group, Inc. (US), MMP Filtration Pvt. Ltd. (India), East Asia Textile Technology Ltd. (China), STRADOM S.A (Poland) and United Filters International (US) and others are covered in the string wound filter materials market. Expansions, acquisitions, joint ventures, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the string wound filter materials market.

For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=121211067

Schweitzer-Mauduit International, Inc. (SWM) (US), deals in various segments, such as Advanced Materials & Structures ("AMS"), which manufactures resin-based products used in specialty applications in the healthcare, construction, industrial, transportation and filtration end-markets, and Engineered Papers ("EP"), which produces traditional papers and other engineered fiber-based materials primarily for the tobacco industry. SWM conduct business in over 90 countries and operates 38 production locations worldwide, with facilities in the U.S., Canada, United Kingdom, France, Luxembourg, Belgium, Brazil, China, Italy, Malaysia, India, and Poland.

Coats Group Plc (UK) engages in the manufacture and distribution of industrial threads. The company operates under the apparel and footwear segment and performance materials. It provides complementary and value-added products, services and software solutions to the apparel and footwear industries. The company offers threads, yarns and fabrics under performance materials segment and find application in areas such as transportation, telecommunications and energy, and personal protection. It offers polypropylene and acrylic yarns for filtration applications.

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