String Wound Filter Material Market Report: Trends, Forecast and Competitive Analysis to 2030

String Wound Filter Material Market Report: Trends, Forecast and Competitive Analysis to 2030

String Wound Filter Material Trends and Forecast

The future of the global string wound filter material market looks promising with opportunities in the water & wastewater treatment, chemical & petrochemical, and food & beverage sectors. The global string wound filter material market is expected to reach an estimated $2.2 billion by 2030 with a CAGR of 4.7% from 2024 to 2030. The major drivers for this market are growing use of this materia in water treatment and food and beverage industry and rising demand for glass fiber string wound filters from chemical & petrochemical industry.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

String Wound Filter Material by Segment

The study includes a forecast for the global string wound filter material by yarn type, core material, end use industry, and region.

String Wound Filter Material Market by Yarn Type [Shipment Analysis by Value from 2018 to 2030]:

• Polypropylene Yarn
• Cotton Yarn
• Others

String Wound Filter Material Market by Core Material [Shipment Analysis by Value from 2018 to 2030]:

• Polypropylene
• Stainless Steel
• Others

String Wound Filter Material Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Water & Wastewater Treatment
• Chemical & Petrochemicals
• Food & Beverages
• Others

String Wound Filter Material Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of String Wound Filter Material Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies string wound filter material companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the string wound filter material companies profiled in this report include-

• Mauduit International
• Coats Group
• William Barnet and Son
• Micronics Engineered Filtration Group
• MMP Filtration

String Wound Filter Material Market Insights

Lucintel forecasts that polypropylene yarn is expected to witness the highest growth over the forecast period.

Within this market, food & beverage is expected to witness the highest growth over the forecast period.

APAC is expected to witness highest growth over the forecast period.

Features of the Global String Wound Filter Material Market

Market Size Estimates: String wound filter material market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: String wound filter material market size by yarn type, core material, end use industry, and region in terms of value ($B).

Regional Analysis: String wound filter material market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different yarn types, core materials, end use industries, and regions for the string wound filter material market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the string wound filter material market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the string wound filter material market size?

Answer: The global string wound filter material market is expected to reach an estimated $2.2 billion by 2030.

Q2. What is the growth forecast for string wound filter material market?

Answer: The global string wound filter material market is expected to grow with a CAGR of 4.7% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the string wound filter material market?

Answer: The major drivers for this market are growing use of this materia in water treatment and food and beverage industry and rising demand for glass fiber string wound filters from chemical & petrochemical industry.

Q4. What are the major segments for string wound filter material market?

Answer: The future of the string wound filter material market looks promising with opportunities in the water & wastewater treatment, chemical & petrochemical, and food & beverage sectors.

Q5. Who are the key string wound filter material market companies?

Answer: Some of the key string wound filter material companies are as follows:

• Mauduit International
• Coats Group
• William Barnet and Son
• Micronics Engineered Filtration Group
• MMP Filtration

Q6. Which string wound filter material market segment will be the largest in future?

Answer: Lucintel forecasts that polypropylene yarn is expected to witness the highest growth over the forecast period.

Q7. In string wound filter material market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the string wound filter material market by yarn type (polypropylene yarn, cotton yarn, and others), core material (polypropylene, stainless steel, and others), end use industry (water & wastewater treatment, chemical & petrochemicals, food & beverages, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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