Global Cross Flow Filtration Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Hollow fiber filter modules for tangential flow filtration (TFF) from Repligen are industry standards in the filtration and concentration of biologics. Manufactured in compliance with ISO guidelines, the filters are used in thousands of Krosflo® TFF Systems and XCell™ ATF Systems worldwide, as well as other industry hollow fiber TFF systems.
Market Overview:The latest research study on the global Cross Flow Filtration market finds that the global Cross Flow Filtration market reached a value of USD 350.23 million in 2022. It’s expected that the market will achieve USD 702.0 million by 2028, exhibiting a CAGR of 12.29% during the forecast period.
PARKER TO ACQUIRE LORD CORPORATION IN STRATEGIC TRANSACTION THAT SIGNIFICANTLY EXPANDS ENGINEERED MATERIALS BUSINESS
April 29, 2019
“This strategic transaction will reinforce our stated objective to invest in attractive margin, growth businesses, such as engineered materials, that accelerate us towards top-quartile financial performance,” said Tom Williams, Chairman and Chief Executive Officer of Parker. “LORD will significantly expand our materials science capabilities with complementary products, better positioning us to serve customers in growth industries and capitalize on emerging trends such as electrification and lightweighting.
“This transaction will meaningfully transform our portfolio. We anticipate a smooth closing of the transaction and integration of our two businesses, and through adoption of The Win Strategy™ we believe we can capture significant operational synergies. The combination of Parker and LORD is expected to drive significant value for Parker shareholders and be accretive to organic growth, EBITDA margins, cash flow and EPS, excluding one-time costs and deal related amortization.”
Ed Auslander, President and CEO of LORD, commented, “With complementary business segments, coming together with Parker enables LORD to carry out our grander vision. Parker is already a large tier one supplier in many areas, allowing our business lines immediate access to growth, additional markets, applications and new customers. In addition, the two companies are very much aligned when it comes to core values, great business acumen and cultural fit.”
Region Overview:North America is projected to account for a considerable share of the Cross Flow Filtration market and is expected to become the largest region by 2028.
Company Overview:GE Healthcare Life Sciences is one of the major players operating in the Cross Flow Filtration market, holding a share of 12.33% in 2023.
GE Healthcare Life Sciences
GE Healthcare Bio-Sciences Corporation manufactures predictive and diagnostic imaging products. The Company offers diagnostic and therapeutic solutions for cardiology, neurology, and cancer applications. GE Healthcare Bio-Sciences also develops products used in gene and protein research, drug discovery and development, and biopharmaceutical manufacturing.
Koch Membrane
Koch Membrane Systems develops and manufactures membrane filtration systems and components. The Company serves customers in the municipal and industrial water and wastewater processing, dairy, juice, wine processing, industrial, and biotechnology industries. Koch Membrane Systems operates worldwide.
Segmentation Overview:As for product types, the Hollow Fiber segment held the largest market share in 2022.
Tubular
Tubular membrane filtration works by injecting water into the membrane tube under pressure. This pressure forces water through the membrane and tube substrate, but does not allow suspended particles to pass through the membrane. The filtered water (permeate) passes through the membrane and matrix (support) tubes. The suspended particles (retentate) exit the tube and return to the concentrating tank to prepare to pass through the membrane tube filter again. This process enables efficient, efficient filtration with less space than traditional clarification filter systems.
Hollow Fiber
Hollow fiber is one of the most popular membranes in the industry. Hollow fiber filtration utilizes thousands of long porous filaments ranging in diameter from 1 to 3.5 mm, which are potted in a PVC casing. Each filament has a very narrow and soft diameter. Hollow fiber can be used for all types of filtration, from microfiltration to reverse osmosis. Hollow fibers are widely used for filtration by utilizing the semi-permeable nature of their capillary walls. In the medical industry, hollow fiber bioreactors are typically made from cellulose and synthetic polymers. Originally developed for dialysis, it has now adapted to compressed air.
Ceramic
Ceramic membranes are typically formed as asymmetric multi-channel components. These components are combined in a housing and these membrane modules can withstand high temperatures, extremely high acidity or alkalinity and high working pressure, making them suitable for many applications where polymers and other inorganic membranes cannot be used. A variety of membrane apertures are available to meet specific filtration needs, including microfiltration, ultrafiltration and nanofiltration ranges (from 5 mm to 1000 Daltons). Ceramic membrane filters are designed to achieve filter cake filtration rather than depth filtration. The particles are collected on the surface of the membrane, and as the filtration continues, the deposited layer of particles thickens to form a cake. This increases the pressure drop across the filter, which sometimes becomes too high, and then the filter cake must be removed to effectively filter.
Application Overview:By application, the Food and Beverage segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Cross Flow Filtration market covered in Chapter 3:Sartorius
GE Healthcare Life Sciences
GEA
Graver Technologies
Pall Corporation
Repligen
Koch Membrane
Parker Hannifin
Merck Millipore
CoBetter
Novasep
In Chapter 4 and Chapter 14.2, on the basis of types, the Cross Flow Filtration market from 2018 to 2029 is primarily split into:Tubular
Hollow Fiber
Ceramic
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Cross Flow Filtration market from 2018 to 2029 covers:Food and Beverage
Petrochemical
Oil and Gas
Industrial Fermentation
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)