Depth Filtration Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Depth Filtration Market is expected to register a CAGR of 8% during the forecast period. This is attributing to increasing adoption of single-use technologies, low cost and user-friendly, increasing R&D expenditure in developing new biopharma pharmaceutical drugs. Benefits associated with depth filtration such as ease of use, low cost, ability to retain particles throughout the medium, fast process and high loading capacity makes this process highly adopted and common in various applications. Moreover, increasing the use of filters in the pharmaceutical industry for active pharmaceutical ingredient production and for a variety of media& buffer filtration, bioburden testing and cell clarification is also promoting the growth of depth filtration market. Furthermore, growing application in healthcare, food & beverage industries and rising development of wastewater purification plants is also expected to boost the depth filtration market in future.

Key Market Trends

Cartridge Filters in Depth Filtration is Estimated to Witness a Healthy Growth in Future.

Cartridge Filters in the depth filtration market is estimated to witness a healthy growth in the future attributed to high dirt holding capacity, long service life, cost-effective, reliable and high performance. Cartridge filters are the tubular filtration equipment used across several industries for the purpose of filtration such as starting from pre-filter for high purity water to final product processing and filtration of chemicals, As these filters are very effective against small contaminants which results in wide adoption in wastewater treatment.

In Addition, the growing number of research & development expenditures in the United States by the pharmaceutical industry will promote the growth of the depth filtration market.

North America is Expected to Hold a Significant Share in the Market and Expected to do Same in the Forecast Period

North America is expected to hold a significant market share in the global Depth Filtration Market due to the increasing number of pharmaceutical and biotechnology companies, rising concern regarding purification, quality, protection of contaminants and growth in water filtration, filtration, food & beverage and raw material purification products. As per the Pharmaceutical Research and Manufacturers Association (PhRMA), United States companies conduct over half the world’s research and development (R&D) in pharmaceutical making this region a leader in pharmaceutical R&D. thus results in propelling the growth of depth filtration as these processes are crucial in pharmaceutical as well as food & beverage, water purification and many more which further boost the overall market in this region.

Competitive Landscape

The Depth Filtration Market is moderately competitive and consists of several major players. Some of the companies which are currently dominating the market are Amazon Filters Ltd, 3M, Merck KGaA, PARKER HANNIFIN CORP, Sartorius AG, Eaton., FILTROX AG, and Danaher

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