Press release
Filter Technology: Cleaner Air, Better Health
The Business Research Company recently released a comprehensive report on the Global Filters Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=6800&type=smp
According to The Business Research Company's, The filters market size has grown strongly in recent years. It will grow from $78.14 billion in 2023 to $84.32 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to increased environmental regulations and air quality standards, growth in industrialization and urbanization worldwide, rise in awareness of air and water pollution control, expansion of automotive and transportation industries, demand for clean and safe drinking water.
The filters market size is expected to see strong growth in the next few years. It will grow to $112.2 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to focus on indoor air quality (iaq) in commercial and residential spaces, expansion of food and beverage processing industries, adoption of advanced filtration in semiconductor manufacturing, research and development in next-generation filter technologies, customization of filters for specialized industrial applications. Major trends in the forecast period include nanofiber technology for enhanced filtration, smart and iot-enabled filtration systems, high-efficiency particulate air (hepa) and ultra-low penetration air (ulpa) filtration, modular and customizable filtration solutions, activated carbon and charcoal filters for odor and voc removal.
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Market Drivers and Trends:
Rising demand for fast food and packaged food is expected to propel the growth of the filling machines market in the coming years. Fast-food and packaged food is a type of food that save time in food acquisition, preparation, and ready-to-eat food from grocery stores. Filling machines are used to fill the product into bags, pouches, or containers such as bin or bottle. For instance, according to Press Information Bureau, a nodal agency of the Government of India, India exported more than $ 2.14 billion worth of final food products in 2020-21. The export of products under ready-to-eat (RTE), ready-to-cook (RTC) and ready-to-serve (RTS) categories rose by more than 23% to $ 1011 million in April to October (2021-22) compared to $ 823 million reported in April to October (2020-21). Therefore, the rise in demand for fast food and packaged food is driving the growth of the hot food processing equipment market.
Nanotechnology is a key trend gaining popularity in the filter market. Nanotechnology in filters refers to the use of nanomaterials, and nanoparticles to improve the performance of filters. One such filter system based on nanotechnology is a nanotech-based water purification system that is thought to be modular, highly efficient, and cost-effective compared to traditional water filtration procedures. These systems are made up of carbonaceous nanomaterials, metal oxide nanoparticles, zeolites, and other nanomaterials that are integrated into a polymeric matrix to improve the performance of traditional polymeric membranes. For instance, in February 2023 Samsung Electronics, a South Korea-based appliances company announced the launch of a new air filter technology. This innovative technology, incorporating photocatalysts like copper oxide (Cu2O) and titanium dioxide (TiO2) for the first time, has the capability to capture particulate matter (PM), break down Volatile Organic Compounds (VOCs), and boasts a lifespan of 20 years with easy maintenance through simple water washing. It is anticipated that this breakthrough will facilitate the adoption of compact air purification systems, resulting in a substantial reduction in the volume of disposable waste and alleviating the financial strain associated with frequent filter replacements.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
3M Company, Airex Filter Corporation, Koch Filter, Freudenberg Filtration Technologies SE & Co. KG, Donaldson Company Inc., AAF Flanders, Ahlstrom-Munksjö, Camfil AB, Parker Hannifin Corporation, Cummins Filtration Inc., Eaton Corporation plc, Filtration Group Corporation, General Electric Company, GVS Group, Hollingsworth & Vose Company, Lenntech B.V., Lydall Inc., Mann+Hummel Group, Mott Corporation, Pentair plc, Porvair Filtration Group, Sefar AG, Shelco Filters, Siemens AG, SPX Flow Inc., Swift Filters Inc., The Hilliard Corporation, The Lee Company, The Strainrite Companies, United Air Specialists Inc., W. L. Gore & Associates Inc.
Filters Market 2024 Key Insights:
• The filters market size is expected to see strong growth in the next few years. It will grow to $112.2 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%.
• Surging Demand For Fast Food And Packaged Food Sparks Growth In The Filling Machines Market
• Sig Group Unleashes Technological Innovation With Sig Neo, The World's Fastest Filling Machine
• Asia-Pacific was the largest region in the filling machines market in 2023
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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More Releases for Filter
Filter Aid Diatomaceous Earth For Gravity Filter
Technology data sheet
TYPE
Color
Grade
Permeability
Density
Screening%
PH
MIN darcy
TARGET darcy
MAX darcy
TARGET g/cm3
MAX g/cm3
+150mesh
MIN
TARGET
MAX
ZBS100
pink/white
Dissolve calcination
1.3
1.5
1.8
0.37
0.4
0
NA
4
8-11
ZBS150
pink/white
Dissolve calcination
1.5
1.9
2.3
0.35
0.4
0
NA
4
8-11
ZBS200
pink/white
Dissolve calcination
2.3
2.6
3
0.35
0.4
0
NA
4
8-11
ZBS300
white
Dissolve calcination
3
3.5
4
0.35
0.37
0
2
6
8-11
ZBS400
white
Dissolve calcination
4
4.5
5
0.35
0.37
2
4
10
8-11
ZBS500
white
Dissolve calcination
4.8
5.3
6
0.35
0.37
4
8
15
8-11
ZBS600
white
Dissolve calcination
6
7
8
0.35
0.37
6
10
20
8-11
ZBS800
white
Dissolve calcination
7
8
9
0.35
0.37
10
15
25
8-11
ZBS1000
white
Dissolve calcination
8
10
12
0.35
0.38
12
21
30
8-11
13
19
25
0.35
0.38
9
19
30
8-11
ZBS1200
white
Dissolve calcination
12
17
30
0.35
0.38
NA
NA
NA
8-11
Product Advantages
- complete range of permeability - complete certification: ISO, Halal, Kosher - suitable for all walks of life - Higher efficiency filtration - National Patent products
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