Press release
Ceramic Filters Market Will Witness Growth Based On Rising Acceptance Across Major End-Use Industries Till 2022: Grand View Research, Inc.
Ceramic water filters were the leading product segment and accounted for over 55% of total market revenue in 2014. Growth of global waste water treatment industry is expected to drive this segment over the forecast period. Air filters are expected to witness the highest growth of 13.5% from 2015 to 2022.
Further key findings from the study suggest:
• Global ceramic filters market was worth USD 831.6 million in 2014 and is expected to reach USD 2,139.4 million by 2022, growing at a CAGR of 13.2% from 2015 to 2022.
• Residential applications dominated the global market and accounted for 41.6% of total revenue in 2014. Growing ceramic filters demand particularly in emerging markets of Asia Pacific and Africa is expected to drive this segment over the forecast period. Industrial applications are expected to witness maximum growth of 13.4% from 2015 to 2022. Rapid industrialization across China, India, Indonesia and Brazil is expected to drive this segment over the forecast period.
• Asia Pacific was the largest regional market and accounted for over 35% of total revenue in 2014. Rapid industrialization across in emerging markets such as India, China and Indonesia is expected to drive this region over the forecast period. In additon, growing environmental concerns and growing need for potable water can also be attributed for the regional growth. Middle East & Africa is expected to witness the highest growth of 15.5% from 2015 to 2022.
• Ceramic filters industry participants have been forging partnerships and investing in R&D initiatives with an aim to develop their product portfolio and expand production capacity. Prominent industry participants include Unifrax I LLC, Doulton Ceramics, Ceramic Filters Company Inc., Anguil Environmental Systems Inc., Veolia and 3M Company.
For the purpose of this study, Grand View Research has segmented the ceramic filters market on the basis of product, application and region:
Global Ceramic Filters Product Outlook (Revenue, USD Million, 2012 - 2022)
• Ceramic Water Filters
• Ceramic Air Filters
Global Ceramic Filters Application Outlook (Revenue, USD Million, 2012 - 2022)
• Residential
• Commercial
• Industrial
o Hot Gas Filtration
o Oil/Water Separation
o Bio-filtration
o Others
Global Ceramic Filters Regional Outlook (Revenue, USD Million, 2012 - 2022)
• North America
o U.S.
• Europe
o Germany
o UK
• Asia Pacific
o China
o India
o Japan
• Middle East & Africa
• Central & South America
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Press Contact
Sherry James - Corporate Relations Specialist
28 2nd Street, Suite 3036
San Francisco, CA 94105
United States
Phone: 1-415-349-0058
Email: sales@grandviewresearch.com
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