String Wound Filter Material Market Forecasts to 2028 – Global Analysis By Type (Polyester, Cotton, Rayon, Polypropylene and Other Types), End User and By Geography

String Wound Filter Material Market Forecasts to 2028 – Global Analysis By Type (Polyester, Cotton, Rayon, Polypropylene and Other Types), End User and By Geography

According to Stratistics MRC, the Global String Wound Filter Material Market is accounted for $1.4 billion in 2022 and is expected to reach $2.1 billion by 2028 growing at a CAGR of 6.9% during the forecast period. Depth filters, also referred to as string-wound filters. To block undesirable particles, string wound filters use two layers of filtering. While the inner layer gathers tiny particles that pass through the first layer, the first layer traps particles that are the same size as or larger than the micron rating. Since surface area is sacrificed for higher filtering, depth filters need to be cleaned more regularly. Rust, filth, and other sediments are taken out of water by the string woven filter using fibres. Cotton, glass fibre, polypropylene, and other materials are used to make string.

According to a report published by Water.org, a US-based non-profit organization for providing sanitation and safe water solutions, in the US, households without a water connection account for nearly 1.5 times the population.

Market Dynamics:

Driver:

Increasing demand for string wound glass fibre filters

Due to their compatibility, the chemical and petrochemical industry uses glass fibre filters in string wound filters the most. Glass fibre string wound filters are only used in select situations, such as those involving high temperatures, because they are relatively expensive. It is motivating manufacturers to build new facilities or enlarge their current ones. This is the main element fueling the market's expansion.

Restraint:

Problems related to media migration

The performance of string wound filter cartridges is additionally hampered by particular operating issues such medium movement and chemical leaching. Less chemicals, such as resin binders, are included in string wound filters. These chemicals begin to leak out when the filters are used. They combine with the filtrate and lower the filtration process' effectiveness. Consequently, this is the factor impeding market expansion.

Opportunity:

Government initiatives for stringent water treatment norms

Governments all across the world are putting their strategies into action to substitute alternate water supply measures for the limited water supplies. String wound filters are generally favoured by the water and wastewater treatment sectors because they offer greater microbial resistance and constant performance. The demand for string wound filters is rising as a result of these features and advantages.

Threat:

Availability of alternative filter media

The market for string wound filters materials is predicted to become more competitive as more filter types and materials become available. In end-use industries, a few filter types that are frequently utilised are melt blown, membrane, and pleated filters. However, string wound filters are chosen since they are economical and have a large capacity to hold dirt. Therefore, these elements are impeding the market's expansion.

Covid-19 Impact

The COVID-19 pandemic has caused supply chains to be disrupted, production facilities to be shut down, and a decline in the demand for industrial and oil & gas products. As a result, it is projected that the demand for string wound filter materials will decrease in a number of end-use sectors. Due to the pandemic's global delays in expansion projects and decreased manufacturing production, the demand for string wound filter materials has been falling. The market for string wrapped filter materials is being driven by an increase in demand from the pharmaceutical and food and beverage industries during the pandemic.

The polypropylene segment is expected to be the largest during the forecast period

The polypropylene segment is estimated to have a lucrative growth, due to they are utilized in various end use industries. Excellent filtration and exceptional heat stability are provided by the polypropylene construction of the central core. For applications requiring high strength and high flow rates where stainless steel or any other ather core materials cannot be used, the central core of string wound filters is developed and manufactured with polypropylene.

The food & beverage segment is expected to have the highest CAGR during the forecast period

The food & beverage segment is anticipated to witness the fastest CAGR growth during the forecast period, due to the growing population and increasing preference for packaged foods. In the food and beverage business, string wound filters are frequently employed for the filtration of fluids and food ingredients. In their filtration process, the food and beverage industry uses string wound filters built with FDA-approved materials.

Region with Largest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to its low-cost labour and availability of inexpensive land. The major user of string wound filters in the area is the water and wastewater treatment sector. As a result, the manufacturing sector is growing, which raises the demand for materials for string wound filters. The need for these products in the area is also being driven by the expanding food and beverage industry.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period, owing to the expansion of the water treatment sector. The development of technological solutions for string wound filter materials is the primary focus of the industry's major players. A crucial trend that is becoming increasingly popular in the string wound filter materials market is the progress of technology.

Key players in the market

Some of the key players profiled in the String Wound Filter Material Market include Shanghai Minipore Industrial Co. Ltd., Amazon Filters Ltd., Parker Hannifin Corporation, 3M Company, Eaton Corporation, Dow Inc., Bluebird Pure Pvt. Ltd., Pall Corporation, Micronics Engineered Filtration Group, United Filters International, Pentair Plc, Coats Group Plc, Nitto Boseki Co., Ltd. and William Barnet and Son, LLC.

Key Developments:

In February 2022, Micronics Engineered Filtration Group, has acquired National Filter Media (NFM) and FilterFab. The acquisition of National Filter Media significantly expands Micronics’ portfolio of engineered filtration solutions.

In November 2021, Nitto Boseki Co., Ltd. starts operation of the new special glass factory in Taiwan with floor area approximately 20,000. The main product produced at this plant is NE-glass yarn.

Types Covered:
• Polyester
• Cotton
• Rayon
• Polypropylene
• Other Types

End Users Covered:
• Food & Beverage
• Chemicals
• Water Treatment
• Pulp and Paper
• Power Generation
• Oil & Gas
• Pharmaceuticals
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements