Press release
China Depth Filtration Market Statistical Forecast, Trade Analysis 2024 -2031 - 3M, Filtrox Ag & Pall Corporation.
The China Depth Filtration Market is projected to grow at a high CAGR during the forecast period from 2024 to 2031.In China, depth filtration is extensively utilized across various industries including biopharmaceuticals, food and beverage, medicine, and chemicals for microfiltration of fluids. China is a major source of raw materials for manufacturing depth filters, and the equipment is predominantly employed in the food and beverage, pharmaceuticals, and chemicals sectors. The depth filtration technology is crucial for ensuring the quality and safety of products in these industries.
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Market Trends:
In China, the depth filtration market is significantly driven by the rising demand in the biopharmaceutical industry, supported by government initiatives and substantial investments. Depth filtration products, such as filter sheets and filter modules, are critical for microfiltration processes within this sector. For instance, China's biopharmaceutical market, as reported by the Communist Party of China (CPC) Central Committee, was valued at US$ 127.9 billion in 2018 and is projected to reach US$ 161.8 billion by 2023. This growth creates substantial demand for depth filtration technologies.
Additionally, the burgeoning food and beverage processing industry in China contributes to market expansion. With the growing population and increasing demand for processed food, the need for depth filtration technologies has surged. According to the USDA, China's food processing industry revenue hit US$ 1.47 trillion in 2017, reflecting a 6.3% growth from the previous year. This expansion underscores the increasing need for effective depth filtration solutions to ensure product quality and safety.
Segment Covered in the China Depth Filtration Market:
By Component: Filter Sheets, Filter Modules, Filter Press.
By Product: Food and Beverage, Pharmaceuticals, Oil Industry, Water Filtration, Chemicals, Others.
By Application: Colloid Removal, Chill Haze Filtration, Microorganism Filtration, Others.
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Major Key players involved in China Depth Filtration Market:
• ShenYang City Great Wall Filter Sheet Company
• 3M
• Filtrox Ag
• Xingtai Futai Paper Development Co., Ltd.
• ErtelAlsop
• Pall Corporation
• Gussmer Cellulo
• Gruppo Cordenons SpA
• Sudamericana de Filtrado SA
• Parker-Hannifin Corporation (Dominik Hunter)
• Eaton Corporation Inc
• Ceprohart SA Braila
Key Developments:
On July 28, 2018, Pall Corporation introduced the Aria SMARTBOX for Water's Service, a cutting-edge solution designed to enhance real-time monitoring of water filtration, separation, and purification technologies. The Aria SMARTBOX offers real-time alerts, enabling immediate notifications about system performance and potential issues. It includes customized historic system trends for in-depth data analysis and intuitive dashboards that simplify monitoring and management. Additionally, the system generates automatic reports, providing users with detailed insights into device performance and overall system status. This advancement significantly improves operational efficiency and oversight, facilitating better decision-making and quicker responses to system alerts.
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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