Press release
Nonwoven Filtration Market is Forecasted to Reach US$ 8.4 billion in 2028, Says Stratview Research
The global Nonwoven Filtration Market is projected to witness a growth rate of 4.9% annually from 2023 to 2028, with an anticipated size of US$ 8.4 billion in 2028, according to an analysis by Stratview Research.Stratview Research, a global market research firm has launched a report on the global Nonwoven Filtration Market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/3455/nonwoven-filtration-market.html#form
Report Highlights:
Market Size in 2028: US$ 8.4 Billion
Growth (CAGR): 4.9% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 4
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20
Segment Insights on the Nonwoven Filtration Market:
The global Nonwoven Filtration Market is segmented based on application type, web-formation type, material type, and region.
Based on application type - The nonwoven filtration market is segmented into Air filtration and Liquid filtration. Air filtration is anticipated to continue to dominate the market during the forecast period. The factors include the increasing demand for automobiles, HVAC appliances, indoor air purifiers in residential and commercial buildings, and face and surgical masks. The rising concerns regarding air pollution have further contributed to the demand for effective filtration solutions.
Additionally, government regulations, such as LEED Certification, ENERGY STAR, Indian Green Building Council, and European Union (EU) Emission Standards, have played a pivotal role in driving the adoption of filtration systems to ensure better air quality.
Based on material type - The nonwoven filtration market is segmented into Polyester, Polypropylene, Nylon, Fiberglass, Bicomponent PET/coPET fiber, Bicomponent PET/PE fiber, Bicomponent PP/co-PP fiber, and Others. Polyester is expected to be predominant in the market. Polyester fibers possess remarkable strength and durability, enabling them to endure demanding filtration processes without compromising their integrity.
This durability ensures that the filtration fabric maintains its efficiency and longevity. Polyester also exhibits exceptional resistance to chemicals, abrasion, and moisture, which are critical factors in filtration applications. It retains its performance even under harsh conditions, guaranteeing consistent and reliable filtration performance over an extended period.
To know the most attractive segments, click here for a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/3455/nonwoven-filtration-market.html#form
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that Asia-Pacific is anticipated to sustain its position as the market with the highest growth rate during the forecast period. This growth outlook is majorly attributed to the following-
• China and India are home to a large number of major companies in the nonwoven filtration market. Renowned companies like Freudenberg, Berry Global Inc, and Ahlström Munksjo have a strong presence in these markets.
• Additionally, there are several local firms, such as Xinlong Holding, Tianjin TEDA Filters Co Ltd, Zhejiang Jiarui Filtration Technology Co Ltd, Ginni Spectra Pvt Ltd, Khosla Profil Pvt Ltd, and Foshan Nanhai Beautiful Nonwoven Co Ltd., that contribute significantly to the industry's growth.
• These companies collectively fuel the expansion of the nonwoven filtration market in the region. The presence of significant automotive companies, such as Tata Motors Limited, BYD Auto Co Ltd, Ashok Leyland Limited, and SAIC Motor Corporation Limited, ensures a sustained demand for nonwoven filtration fabrics.
Nonwoven Filtration Market Drivers:
Some of the key drivers listed in the report are given below.
• World Health Organization (WHO) estimates that Air pollution has been responsible for approximately 4.2 million premature deaths globally in 2019. Additionally, an estimated 829,000 individuals perish annually due to diarrhea caused by the consumption of unsafe drinking water. The alarming statistics on water and air pollution-related deaths highlight the urgent need for effective filtration systems; hence, the demand for 10.6 million tons of nonwoven fabrics is anticipated from 2023 to 2028.
• Air filtration dominates the market share, both in terms of volume and value, surpassing liquid filtration. This is primarily due to the significant demand from various sectors, including industrial, transportation, residential, commercial, and healthcare. The demand for indoor air purifiers has increased multi-fold recently. The air filtration segment is projected to exhibit a CAGR of 5.2% from 2023 to 2028, resulting in a market value of approximately US$ 5.7 billion by 2028.
Top 10 Companies in the Nonwoven Filtration Market:
Stratview Research has identified the following companies as the top market players:
• Alekegen
• Asahi Kasei Corporation
• Ahlström Munksjo
• Berry Global Inc
• Freudenberg
• Fibertex Nonwovens A/S
• Gessner (Mativ)
• Hollingsworth & Vose
• SANDLER NONWOVEN CORPORATION
• Welspun Advanced Textiles
What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Nonwoven Filtration Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
Related Reports:
• Liquid Filtration Market: https://www.stratviewresearch.com/791/liquid-filtration-market.html
• Polypropylene Market: https://www.stratviewresearch.com/1416/polypropylene-market.html
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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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