Market Research Report
Ceramic Filter Market Size, Share & Trends Analysis Report By Application (Industrial (Bio-Filtration, Hot Gas Filtration), Residential, Commercial), By Product (Water Filter, Air Filter), And Segment Forecasts, 2019 - 2025
|Published by||Grand View Research, Inc.||Product code||352300|
|Published||Content info||124 Pages
Delivery time: 2-10 business days
|Ceramic Filter Market Size, Share & Trends Analysis Report By Application (Industrial (Bio-Filtration, Hot Gas Filtration), Residential, Commercial), By Product (Water Filter, Air Filter), And Segment Forecasts, 2019 - 2025|
|Published: February 11, 2019||Content info: 124 Pages||
The global ceramic filter market size is expected to reach USD 2.97 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 13.5% during the forecast period. Favorable environmental regulations concerning water treatment, water disposal, and hazardous gas emissions from industrial installations are poised to fuel the demand for the product.
Ceramic filters are replacing polymer filters owing to their high mechanical strength as compared to polymeric membranes. In addition, ceramic filtration membranes have a higher cleaning capacity and thus less number of membranes are required to treat the same volume of water as polymer filtration membranes. Superior qualities of ceramic filters are likely to stir up its demand.
Ceramic filters are used for reducing gaseous and volatile organic compound (VOC) emissions from industrial complexes. Mandates such as the Clean Air Act implemented and enforced by EPA for safeguarding public from exposure to harmful toxic gases are expected to spur the growth of the market over the forecast period.
Players in the market are focusing on R&D activities to develop new technologies, such as ceramic floatation filtration water purification process, which require lower energy consumption. However, high initial cost associated with the product is estimated to hamper the growth prospects over the forecast period.
Major players in the market are engaged in R&D activities and establishing partnerships for expanding production capacity and new product development, thereby obtaining a competitive edge in the market.