Feb 26, 2019   SOURCE: PR NewsWire

Global $2.97 Bn Ceramic Filter Market to 2025 - Key Players in the Market are Focusing on R&D Activities to Develop New Technologies

DUBLIN, Feb. 26, 2019 /PRNewswire/ -- The "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" report has been added to ResearchAndMarkets.com's offering.

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The global ceramic filter market size is expected to reach USD 2.97 billion by 2025 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.

Further key findings from the report suggest:

    --  Ceramic water filters accounted for 55.0% in 2017, owing to water
        scarcity coupled with increasing demand for clean drinking water,
        majorly in developed regions of North America and Europe
    --  Industrial application is anticipated to witness significant growth at a
        CAGR of 13.7% during the forecast period on account of rising number of
        pollution control initiatives taken by various regional governments
    --  Consumption of the product in bio-filtration in the industrial segment
        is projected to rise at a CAGR of 14.3% during the same period owing to
        increasing awareness regarding application of the technology for
        removing hazardous gas emissions
    --  Asia Pacific represented 35.9% of the global value in 2017 on account of
        stringent environmental norms and wide acceptance of the product across
        various end-use industries in the region
    --  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.

Key Topics Covered:

Chapter 1. Methodology and Scope
1.1. Research methodology
1.2. Research scope and assumptions
1.3. List of data sources

Chapter 2. Executive Summary
2.1. Ceramic Filter - Industry Summary & Key Buying Criteria

Chapter 3. Ceramic Filter Industry Outlook
3.1. Market Segmentation
3.2. Market Size and Growth Prospects, 2012 - 2025
3.3. Ceramic Filter Value Chain Analysis
3.3.1. Vendor landscape
3.4. Raw Material Analysis
3.5. Regulatory/Legislative Framework
3.6. Ceramic Filter Market Dynamics
3.6.1. Market Driver Analysis
3.6.1.1. Favorable regulatory scenario
3.6.1.2. Superior properties over its polymeric counterparts
3.6.2. Market Restraint Analysis
3.6.2.1. High initial capital cost
3.7. Key Opportunities Prioritized
3.8. Unmet Customer Needs
3.9. Industry Analysis - Porter's
3.10. Ceramic Filter Market - PESTEL Analysis

Chapter 4. Ceramic Filter Product Outlook
4.1. Ceramic filter market share by product, 2017 & 2025
4.2. Ceramic water filter
4.3. Ceramic air filter

Chapter 5. Ceramic Filter Application Outlook
5.1. Ceramic filter market share by application, 2017 & 2025
5.2. Residential
5.3. Commercial
5.4. Industrial
5.4.3. Hot gas filtration
5.4.4. Oil/water separation
5.4.5. Bio-filtration
5.4.6. Others

Chapter 6. Ceramic Filter Regional Outlook
6.1. Ceramic filter market share by region, 2017 & 2025

Chapter 7. Competitive Landscape

    --  Unifrax I LLC
    --  Haldor Topsoe A/S
    --  Doulton Ceramics
    --  Glosfume Ltd.
    --  Aquacera
    --  KLT Filtration
    --  Ceramic Filters Company, Inc.
    --  Global Water Ceramic Filter Manufacture Corporation
    --  Anguil Environmental Systems Inc.
    --  Tri-Mer Corporation
    --  Pall Corporation
    --  Veolia
    --  Clear Edge Filtration
    --  3M Company

For more information about this report visit https://www.researchandmarkets.com/research/z73v43/global_2_97_bn?w=5

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