Global Depth Filtration Market Report 2021: Market to Reach $2.9 Billion by 2026 - Surging Biologics Production, An Opportunity for Depth Filters
Dublin, Nov. 08, 2021 (GLOBE NEWSWIRE) -- The "Depth Filtration - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The global market for Depth Filtration estimated at US$1.8 Billion in the year 2020, is projected to reach a revised size of US$2.9 Billion by 2026, growing at a CAGR of 8.3% over the analysis period.
Diatomaceous Earth, one of the segments analyzed in the report, is projected to grow at a 9.2% CAGR to reach US$1.3 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cellulose segment is readjusted to a revised 8.2% CAGR for the next 7-year period. This segment currently accounts for a 28.4% share of the global Depth Filtration market.
Depth filtration process is extensively used in downstream bioprocessing, for separating cells and cell debris and such other colloidal material from liquids. A wide range of filter sheet media are used for depth filtration for turbidity removal, polishing filtration, removal of chill haze, colloidal removal, removal of microorganisms like bacterial, yeast and mold, and microbial spoilage removal among others.
A major growth driver for the market is the rising large molecules and biologics production. Growing biopharmaceuticals demand combined with increasing expenditure on biopharmaceutical R&D drive market growth. The pharmaceutical industry is increasing demand for high quality and clean filter products for use in production of APIs and for filtering different buffers and media.
The filters are mainly used for downstream purification of turbid feed streams and cell culture centrates prior to loading them on chromatography columns. The market for depth filtration is also driven by increasing use of single-use or disposable filtration technologies. Depth filtration is a critical process required for manufacturing high quality and pure products.
Depth filters would also be extensively used in wastewater purification. Deep bed-sand filters are used in final stages in treatment of potable water. Growing emphasis on wastewater purification in countries across the world would therefore emerge as an important growth driver for the market over the coming years. Furthermore, depth filters are inexpensive and can be used easily, two other factors driving their increased adoption.
Moreover, technological advancements are leading to constant changes in designs of depth filters. Depth filters available today offer better filtration capabilities than the ones before. The market is witnessing increasing demand for lower capacity filters with higher density harvest. Manufacturers are presently making all efforts to meet this market demand. Manufacturers are also focused on developing synthetic polymer depth filters which can eliminate the current limitations with conventional cellulose media.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Impact of COVID-19 Pandemic and Looming Global Recession: 2020 Marked as a Year of Disruption & Transformation
Supply Chain Disruptions and Challenges Faced by Healthcare and Biotechnology Industries
Activated Carbon's Growing Role in Fighting COVID-19
An Introduction to Depth Filtration
Global Market Prospects & Outlook
Analysis by Media Type
Analysis by Product
Analysis by Application
Regional Analysis
Competitive Scenario
Recent Market Activity
2. FOCUS ON SELECT PLAYERS (Total 49 Featured)
3M Company
Amazon Filters Ltd.
Carl Stuart Ltd. (Pure Process)
Eaton Corporation PLC
ErtelAlsop
Fileder Filter Systems Ltd.
Filtrox AG
Graver Technologies LLC
Meissner Filtration Products
Merck KgaA
Pall Corporation
Parker-Hannifin Corporation
Saint-Gobain Performance Plastics Corporation
Sartorius Stedim Biotech SA
Wolftechnik Filtersysteme GmbH & Co. KG
3. MARKET TRENDS & DRIVERS
High Significance of Depth Filtration in Winemaking
Depth Filtration Streamlines Plasma Fractionation Filtration Process
Demand for Depth Filters in Blood Particles Separation Set to Rise
High Significance of Depth Filtration in Food & Beverages Industry
Surging Biologics Production: Opportunity for Depth Filters Market
Biologics Continue to Widen their Addressable Market
Process Improvements & Advancements Strengthen Biologics Domain
Biologics: Safe Solution for Unmet Medical Requirement
Automation Gathers Steam in Biologics Domain
Rising Pharmaceutical R&D Investments Fuel Demand for Depth Filtration Products
Combination of Depth Filtration and Other Separator Techniques Finds Use in Cell Harvesting
Depth Filters Strengthen Water Filtration Processes
Shifting Industrial Paradigms in Bioprocessing Spur Innovation in Depth Filtration
Depth Filtration: Quickens Ascent to the Top of the Game in Gene Therapies
4. GLOBAL MARKET PERSPECTIVE
III. REGIONAL MARKET ANALYSIS
IV. COMPETITION
Total Companies Profiled: 49
For more information about this report visit https://www.researchandmarkets.com/r/criit9
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