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Ceramic Filters Market Positive Long-Term Growth Outlook 2025

10-23-2017 02:33 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Crystal Market Research

Ceramic Filters Market Positive Long-Term Growth Outlook 2025

The Ceramic Filters Market was worth USD 0.75 billion in the year 2012 and is expected to reach approximately USD 3.25 billion by 2022, while registering itself at a compound annual growth rate (CAGR) of 14.09% during the forecast period. Administrative bodies, in coalition with different establishments working towards environmental maintainability, conduct researches and set the rules that are relied upon to catalyze development. Environmental protection Agency (EPA), as a team with National Science Foundation (NSF), has set up directions and models to oversee the drinking water filtration framework, making the use of proficient filters obligatory in all private and business areas. Such factors affect the worldwide ceramic filters market and will help a sound development in the following few years. Rising government activities and standards by administrative bodies including the EPA, REACH, NSF, Energy and Environmental Affairs (EEA), European Environment Agency, and so on, relating to industrial and residential filtration of waste water and air will be the main boosting factor for the development of worldwide ceramic filters market in the gauge time frame.

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These rules urge item utilization to adhere to the required emanation and sewage standards. Application for sewage water and slurry assist in managing the biological oxygen request (BOD) of the waste water before transfer in natural water bodies. They additionally clear the outflow of any destructive poisons before being released into the environment. Worldwide demand is projected to rise considerably in the upcoming years because of declining climatic conditions and developing awareness regarding the environment. For example, Clean Air Act, ordered by the EPA, lays out the directions to shield people from disclosure to poisonous gasses. Outstanding mechanical and physical features of ceramic filters in correlation with polymer filters will likewise be an imperative driving element for worldwide ceramic filters market in the following years. Ceramic filters, being latent to most chemicals, are impervious to any corrosion caused by lethal chemicals. Polymeric materials witness the issue of natural fouling because of unfavorable responses with specific chemicals including diverse fats, grease, and oils. Higher productivity, inferable from better cleaning ability will require lesser number of channels to clean a similar volume of liquid. Operation costs are accordingly lessened impressively by utilizing ceramic filters. Nonetheless, manufacturing is extremely capital escalated in view of conflicting supply and costs of unpredictable raw materials including aluminum oxide, zirconium oxide, and titanium oxide. This factor may influence the item value patterns and hamper the worldwide ceramic filters market development.

Product Outlook and Trend Analysis

In 2015, the revenue generated by the water filters segment was much less than USD 500 million, whereas ceramic air filters generated more than USD 400 million exclusively in that same year. Numerous guidelines and mandates which are issued by the regulatory authorities for sewage disposal and air and water treatment propel the practice of eco-friendly methods in order to save water and the quality of air. Nevertheless, ceramic air filters market will garner lucrative growth by the end of 2022 owing to ascending carbon emissions and regulatory pressure on commercial and industrial sector to curb toxic emissions, will encourage the product demand in the projected years.

Market Classification

Ceramic Filters Market, By Product, Estimates and Forecast, 2012-2022 ($Million)

Ceramic Air Filters
Ceramic Water Filters

Ceramic Filters Market, By Application, Estimates and Forecast, 2012-2022 ($Million)

Residential Applications
Commercial Applications
Industrial Applications

Bio Filtration
Oil/Water Separation
Hot Gas Filtration

Other Applications

Research Methodology

We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Browse Market Research Report @: http://www.crystalmarketresearch.com/report/ceramic-filters-market

Data Mining

Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

About Crystal Market Research
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

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