Wastewater treatment segment is projected to lead the self-cleaning filters market


Posted July 10, 2020 by white123

Self-Cleaning Filters Market is estimated to be USD 5.03 Billion in 2017, and is projected to reach USD 7.18 Billion by 2022, at a CAGR of 7.4%

 
The self-cleaning filters market is estimated to be USD 5.03 Billion in 2017, and is projected to reach USD 7.18 Billion by 2022, at a CAGR of 7.4% from 2017 to 2022. This growth is mainly attributed to the increased demand for self-cleaning filters from various end-use industries. The self-cleaning filters are increasingly preferred by various industries, as they help save energy, ensure automatic backwashing, increase lifespan of filters, reduce shutdowns, and ensure effortless management of high-level contamination, thereby accelerating the production output.

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Self-cleaning filters are used in wastewater treatment for ammonia, phosphate, chlorine, and turbidity analysis. The use of self-cleaning filters ensures a low maintenance of the analytical equipment. self-cleaning filters in the wastewater treatment help in reduction of Biochemical Oxygen Demand (BOD) and Total Suspended Solids (TSS). Self-cleaning filters are preferred for filtration of sewage treatment plants.

The Asia-Pacific self-cleaning filters market is projected to grow at the highest CAGR during the forecast period. Increasing industrialization and infrastructural developments in the region offers growth opportunities to the self-cleaning filters market. Asia-Pacific is the largest consumer of self-cleaning filters in the world. In order to meet this growing demand for self-cleaning filters, top manufacturers of filters from the U.S. and Europe are focusing on the Asia-Pacific region to expand their businesses. It is expected that there would be in an increase in the adoption of water treatment technologies in the Asia-Pacific region during the forecast period. This increased adoption of water treatment technologies can be attributed to the expansion of power generation sector and an increase in the number of municipal water treatment plants in the region.

High cost of installation and manufacturing of self-cleaning filters for various end-use industries are expected to act as restraints for the growth of the self-cleaning filters market during the forecast period.

Eaton Corporation plc (Ireland), Parker Hannifin Corporation (U.S.), Alfa Laval AG (Sweden), Amiad Water Systems Ltd. (Israel), 3M Company (U.S.), Baleen Filters Pty. Ltd. (Australia), The Dow Chemical Company (U.S.), Oxford Filtration Limited (U.K.), Pall Corporation (U.S.), Cummins, Inc. (U.S.), HYDAC Filter System GmbH (Germany), JUDO Water Treatment GmbH (Germany), VAF Filtration Systems (U.S.), Morrill Industries, Inc. (U.S.), SCAM Filters (Filters), Forsta Filters, Inc. (U.S.), STF Filtros (Spain), Georg Schünemann GmbH (Germany), and Orival Inc.(U.S.), among others, are the key companies operating in the self-cleaning filters market. These players, with a wide market reach and established distribution networks, are investing increasingly in research & development activities for development of new self-cleaning filters. They also have strong technical and market development capabilities, which enable them to upgrade their existing products for new applications.
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Issued By Makets and Markets
Country United States
Categories Business
Tags filters , selfcleaning filters , selfcleaning filters market
Last Updated July 10, 2020