Ceramic Filters Market size likely to exceed $2.2bn by 20231. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Ceramic Filters Market size, Share & Industry Analysis, 2023
Fractovia.org
Ceramic Filters Market size likely
to exceed $2.2bn by 2023
2. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Global Ceramic Filters Market size was USD 895 million in 2015 and is likely to grow beyond
this, with a projected CAGR of 12.4% till 2023 as per the study by Global Market Insights.
Combined efforts of government and various agencies including EPA (Environmental Protection
Agency), NSF (National Science Foundation), EEA (Energy and Environmental Affairs), ASTM
(American Society for Testing and Materials) are anticipated to boost up the demand for the
product.
Industrial ceramic water filters demand is set to increase owing to applications in separating oil &
suspended solids from wastewater effluents out of petrochemical plants, oil refineries, natural gas
processing and chemical plants.
Overview:
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Global research report of ceramic filters market size is predicted to go beyond USD 255 million
till 2023 with a CAGR of 11.5%.
Ceramic water filters have captured the market and is projected to touch USD 1.2 billion till
2023.
The ceramic air filters market size is expected to achieve an annual rate of 12.7% till 2023.
Residential applications, for example, candle filters, have gained name and is predicted to cross
USD 940 million till 2023.
Industrial products are likely to grow at a rate of 12.6% till 2023.
Product Trends:
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These products are aptly suitable in industries for removal of fat, oil as they are experts in reducing
polymeric systems. Organizations of this industry comprise of Unifrax, Anguil Environmental
Systems, 3M, Haldor Topsoe, Veolia, ClearEdge, Pall Corp, Doulton, and Tri-Mer.
According to an online magazine, a well-known company Sigma has announced clear glass
ceramic filters, which is resistant to both shocks as well as scratches. This well build filter is better
than conventional protective filters.
It has become mandatory for both commercial as well as industrial sector to reduce toxicity of
gaseous and VoC emission, thereby better growth is expected in this industry.
Competitive Trends:
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In U.S., this product is anticipated to rise with a CAGR of 12% till 2023.
China as well as India are the leading countries in the ceramic filters market and are projected
to cross USD 800 million till 2023. Many large-scale industries present in China along with
measures taken by the government to save the environment are likely to propel the market in
near future. Excellent mechanical strength with respect to polymeric membranes and higher
chemical resistant features is one more facet which is expected to drive ceramic filters market
size in future.
Regional Trends:
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