Ceramic Filters Market Growth Analysis | 2023-2028

Market Insights

The ceramic filters market was estimated at USD 1.54 billion in 2022 and is likely to grow at a CAGR of 13.60% during 2023-2028 to reach USD 3.35 billion in 2028.

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What is the ceramic filter?

A ceramic filter is a multi-purpose filter that uses natural media to remove sediments from potable water or decontaminate air. Ceramic water filters, majorly consisting of a cartridge or ceramic filter candle, process the water and filter out bacteria, viruses, protozoa, microbial cysts, and other contaminants through a network of pores.

Key Players

The key players in the market of ceramic filters are:

• Murata,
• Pall Corporation,
• Corning,
• Doulton,
• Unifrax,
• Veolia Group,and
• Haldor Topsoe.

Market Dynamics

The prime factors that are contributing to the robust demand for ceramic filters are stringent emission norms along with technological advancements by market players for superior filtration properties.

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Segment Analysis

By Product Type

The market is segmented into air filters and water filters. The air filter-based segment is expected to experience substantial gains during the forecast period. The growth of the segment is owing to stringent environmental legislations by the U.S.EPA and the EU Commission compelling industrial operators to control the emission of polluted material through their production units. Innovative product incorporation to provide silver coated, titanium dioxide, silicon carbide & activated carbon to achieve effective protection against particulate matter is likely to stimulate the growth of the market for ceramic filters.

By Application Type

The market is segmented into commercial, residential, and industrial. The industrial application segment is expected to rule the market over the forecast period. Ceramic filters are suitable for industrial applications due to their extended operating life, resistance to hot air and chemicals, and ease of maintenance, which drive their growth.

Regional Analysis

Europe is expected to dominate the market for ceramic filters during the forecast period, with a CAGR of more than 10%. Government measures, such as the EU research and innovation programs, are expected to sponsor regional product demand by providing financial support for sustainable air pollution management solutions. The regional ceramic filter market is likely to be propelled by increasing investments in research to produce effective air filtering solutions. North America and Asia-Pacific are also expected to offer promising growth opportunities during the forecast period.

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Critical Questions Answered in the Report

• What are the key trends in the global market?
• How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
• What is the impact of COVID-19 on the global market?
• What are the key strategies adopted by the major vendors to lead in the market?
• What is the market share of the top vendors?

Market Segmentation

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The ceramic filters market is segmented into the following categories.

By Product Type

• Air Filters
• Water Filters

By Application Type

• Commercial
• Residential
• Industrial

By Region

• North America (Country Analysis: the USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

What Deliverables Will You Get in this Report?

Report Customization Option

Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players).
• SWOT analysis of key players (up to 3 players).

Segmentation

• Current market segmentation of any one of the product types by application type.

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.