Global Ceramic Filters Market is expected to reach USD 2,139.4
million by 2022, according to a new study by Grand View Research, Inc.
Favorable regulations for both water and air filtration across key regions is
expected remain a key driving factor for global ceramic filters market. Superior
quality and performance over its polymeric counterpart is also expected to have
a positive influence on the market growth. Growing awareness regarding clean
and safe drinking water has also helped in developing its market. Increasing
penetration for various industrial applications including waste water treatment
is also expected to impact ceramic filters demand positively.
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.
Browse full research report on Global
Ceramic Filters Market: http://www.grandviewresearch.com/industry-analysis/ceramic-filters-market
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.
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/specialty-glass-ceramic-and-fiber
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
- Hot Gas Filtration
- Oil/Water Separation
- Bio-filtration
- Others
Global Ceramic Filters Regional Outlook (Revenue, USD
Million, 2012 - 2022)
- North America
- U.S.
- Europe
- Germany
- UK
- Asia Pacific
- China
- India
- 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.
For more information: www.grandviewresearch.com
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