The global Ceramic Filter Market size is projected to touch USD 2.97 billion by 2025, according to a new report by Million Insights. The market is anticipated to exhibit a CAGR of 13.5% over the forecast duration. Stringent regulation regarding the treatment of disposal water and harmful gases has led to an increase in demand for ceramics filter over the forecast duration.
These filters have high mechanical strength and can easily replace polymers filters. Additionally, these filters have higher cleaning capacity and require fewer membranes to clean the water, thereby, supplementing the market growth. Quality ceramics filters are anticipated to be in demand over the next few years.
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To reduce volatile organic and gaseous compound, ceramics filters are predominantly used. Several government agencies have imposed the regulations that mandate clean air and water, thus, fueling market growth.
Key players in the industry are investing in research & development to stay competitive in the market. The emergence of new technologies has ensured low energy consumption. However, the high initial cost associated with ceramics filter is anticipated to hinder the market growth over the next few years.
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Further key findings from the report suggest:
• In 2017, Ceramic water filters held 55.0% of the market share owing to increasing demand for drinking water.
• Industrial application category is projected to grow at a CAGR of 13.7% over the forecast duration.
• Asia Pacific alone held 35.9% of the market share in the global market in 2017.
• Key players in the ceramic filters market are investing on research & development, new product launch and expansion of product capacity.
Million Insights has segmented the global ceramic filter market on the basis of product, application, and region:
Ceramic Filter Product Outlook (Revenue, USD Million, 2012 – 2025)
• Ceramic water filter
• Ceramic air filter
Ceramic Filter Application Outlook (Revenue, USD Million, 2012 – 2025)
• Hot gas Filtration
• Oil-water Separation
Ceramic Filter Regional Outlook (Revenue, USD Million, 2012 – 2025)
• North America
• Asia Pacific
• Central & South America
• Middle East & Africa
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