Nonwoven Filter Media Market Key Players, Business Applications, COVID-19 Outbreak, Size Estimation and Forecast 2023

Nonwoven Filter Media Market Key Players, Business Applications, COVID-19 Outbreak, Size Estimation and Forecast 2023

Nonwoven Filter Media Market Driven by Growing Demand from Automotive, Water Filtration Applications
Nonwoven Filter Media Market Research Report – by Product, Type, Technology (Spunbound, Meltblown, Wetlaid, Needlepunch), Application (Transport, Water Filtration, HVAC, Food & Beverage, Manufacture, Pharmaceutical), Region – Forecast till 2023

The Nonwoven Filter Media Market is expected to exhibit a solid 7% CAGR over the forecast period from 2019 to 2025, according to the latest research report from Market Research Future (MRFR). The Global Nonwoven Filter Media Market is profiled in detail in the report, with the historical growth trajectory and segmentation of the market explained in great detail. Based on this historical information, projections about the market’s future growth over the forecast period are made. Detailed information is provided about all of the market’s segments, providing readers with a clear picture of the granular structure of the market.

Nonwoven Filter Media are filters made by binding together fibers by mechanical, thermal, or chemical means and are used to filter out precipitate matters from liquid or gas streams. The growing demand for filtration media in the transportation sector is the major driver for the Global Nonwoven Filter Media Market. The automotive industry has become highly self-conscious about emissions, as the environmental costs of automotive processes have come under the scanner in recent years. This has led to a growing demand for effective filter media to filter out pollutants from the exhaust stream. This is likely to lead to a growing demand for Nonwoven Filter Media over the forecast period. This is also likely to create a significant scope for product development in the Nonwoven Filter Media Market, as the automotive industry has made major investments in the field in the last few years.

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The growing demand for water filtration media is also likely to be a major driver for the Global Nonwoven Filter Media Market over the forecast period. Water filtration has emerged as a major application for Nonwoven Filter Media due to the growing urbanization in the world, which has led to a growing demand for water filtration media for civil water filtration projects. The growing need to ensure a supply of clean water to all citizens has led to a growing demand for Nonwoven Filter Media in water filtration applications and is likely to remain a major driver for the market over the forecast period.

Competitive Analysis:

Leading Players in the Global Nonwoven Filter Media Market include Berry Global Inc., Hollingsworth &Vose, Freudenberg Filtration Technologies, Johns Manville, Pentair Residential Filtration, Parker Hannifin Corp., Ahlstrom-Munksjo, Sandler AG, DowDuPont, and 3M.

Segmentation:

Global Nonwoven Filter Media Market is segmented on the basis of Product, Filter Type, Technology, Application and Region.

By Product, Global Nonwoven Filter Media Market is segmented into surface filters and depth filters.

By Filter Type, the market is segmented into synthetic and natural.

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By Technology, the market is segmented into spunbound, meltblown, wetlaid, and needlepunch. The spunbound segment accounts for the largest share in the global nonwoven filter media market, holding a 43% share in the global market in 2016.

By Application, Global Nonwoven Filter Media Market is segmented into transportation, water filtration, HVAC, food and beverages, manufacturing, pharmaceutical, refining, mining, homecare, and others. The transportation and water filtration segments hold the largest share in the Global Nonwoven Filter Media Market and are likely to remain the leading revenue generators over the forecast period.

Regional Analysis:

Asia Pacific holds the largest share in the Global Nonwoven Filter Media Market and is likely to remain the leading revenue generator over the forecast period, mainly due to the growth of the automotive industry in the region. China is the leading revenue generator in the Nonwoven Filter Media Market, due to the growing production of automobiles in the region. The growing production of commercial vehicles as well as personal automobiles in China is likely to remain a major driver for the Nonwoven Filter Media Market in Asia Pacific over the forecast period. The increasing demand for water filtration devices in China and India is also likely to be a major driver for the Nonwoven Filter Media Market over the forecast period.

COVID-19 Study in Detail:

Impact of COVID-19 on Iso-Propyl Alcohol Market @ https://www.marketresearchfuture.com/report/covid-19-impact-iso-propyl-alcohol-industry

Corona virus Outbreak and Plastic Films Market @ https://www.marketresearchfuture.com/report/covid-19-impact-plastic-films-market

NOTE: Our teams of researchers are studying COVID-19 and its impact on various industry verticals and wherever required we will be considering COVID-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

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