Market Research Report
Depth Filtration Market Analysis By Media type (Diatomaceous Earth, Activated Carbon, Cellulose, Perlite), By Product (Cartridge Filters, Capsule Filters), By End-use, And Segment Forecasts, 2014 - 2025
|Published by||Grand View Research, Inc.||Product code||557168|
|Published||Content info||97 Pages
Delivery time: 2-3 business days
|Depth Filtration Market Analysis By Media type (Diatomaceous Earth, Activated Carbon, Cellulose, Perlite), By Product (Cartridge Filters, Capsule Filters), By End-use, And Segment Forecasts, 2014 - 2025|
|Published: August 8, 2017||Content info: 97 Pages||
The global depth filtration market is anticipated to reach USD 4.02 billion by 2025, according to a new report by Grand View Research, Inc. Growing use of depth filters in the manufacturing of healthcare products is projected to be a major driving factor for market growth.
Rising demand for clean & high quality filter goods in pharmaceutical and biopharmaceutical industry is expected to boost the market over the forecast period. Significant benefits such as low cost and ease in the usage of the products is anticipated to augment the market from 2017 to 2025. Depth filtration services have various advantages in water filtration, food & beverages, healthcare, and raw material purification sectors.
Growing research and development activities carried out by companies is projected to propel the market over the forecast period. In March 2017, Merck launched the Milli-Q IQ 7000, it is the seventh-generation Milli-Q water purification technology which provides ultrapure water to scientist in laboratories.
Key players of the industry include Merck KGaA, 3M Company, TPall Corporation, Eaton Corporation PLC, Donaldson Company, Inc, and Sartorius AG
These major players are often indulged in mergers, joint ventures, & acquisitions, in order to expand their product portfolio and gain market share