The Macrofiltration market for Asia-Pacific, Middle East and Africa was valued $2.6 billion in 2018, and is projected to reach $4.4 billion by 2026, at a CAGR of 6.7% from 2019 to 2026. Macrofiltration is the process of filtration of insoluble solid particles larger than 1.0 micron from water. These microns are passed through porous medium. There are different types of filters used for macrofiltration. These include bag filter, belt filter press, drum & disk, filter press, granular media filter, leaf belt, and tubular belt. Factors that are expected to fuel the growth of the Asia-Pacific, Middle East & Africa macrofiltration market are demand for macrofiltration across various end-users such as food & beverage, water & wastewater, chemical & pharmaceutical, and mining & metal.
In addition, an increase in urbanization and industrialization in Asia-Pacific fuels the demand for portable water, to boost the water treatment process, which is projected to drive the macrofiltration market. However, high cost of auto backwash filters and high maintenance cost are hampering the growth of backwash filter. Furthermore, emerging trends such as increasing water treatment plants in Asia-Pacific, are estimated to provide lucrative opportunities for the growth of the macrofiltration market.
The Asia-Pacific, Middle East & Africa macrofiltration market is segmented by product, industry, and region. Based on product, the market is segmented into granular micro filter, filter press filter, leaf tubular and press filter, bag filter, belt filter press, auto backwash filters, and others. By industry, it is classified into water & wastewater, chemical & pharmaceutical, mining & metal, food & beverage, paper & pulp, and others. Based on region, it is analyzed across Asia-Pacific, the Middle East, and Africa.
Some of the key players operating in the Asia-Pacific, Middle East & Africa macrofiltration market are Amiad Water Systems, Ascension Industries, Inc., Danaher Corporation, Filtration Group, Mann+Hummel, MTB Technologies Sp. Z O.O., Ostwald Filtration Systems GmbH, Parker Hannifin, Pentair PLC, SUEZ water technologies Inc.
Key benefits for stakeholders
KEY MARKET SEGMENTS
BY Product
BY Industry Vertical
By Region
In addition, an increase in urbanization and industrialization in Asia-Pacific fuels the demand for portable water, to boost the water treatment process, which is projected to drive the macrofiltration market. However, high cost of auto backwash filters and high maintenance cost are hampering the growth of backwash filter. Furthermore, emerging trends such as increasing water treatment plants in Asia-Pacific, are estimated to provide lucrative opportunities for the growth of the macrofiltration market.
The Asia-Pacific, Middle East & Africa macrofiltration market is segmented by product, industry, and region. Based on product, the market is segmented into granular micro filter, filter press filter, leaf tubular and press filter, bag filter, belt filter press, auto backwash filters, and others. By industry, it is classified into water & wastewater, chemical & pharmaceutical, mining & metal, food & beverage, paper & pulp, and others. Based on region, it is analyzed across Asia-Pacific, the Middle East, and Africa.
Some of the key players operating in the Asia-Pacific, Middle East & Africa macrofiltration market are Amiad Water Systems, Ascension Industries, Inc., Danaher Corporation, Filtration Group, Mann+Hummel, MTB Technologies Sp. Z O.O., Ostwald Filtration Systems GmbH, Parker Hannifin, Pentair PLC, SUEZ water technologies Inc.
Key benefits for stakeholders
- The report provides extensive qualitative and quantitative analyses of the current Macrofiltration market trends and future estimations of the Macrofiltration market size from 2019 to 2026 to determine the prevailing opportunities.
- Comprehensive analysis of factors that drive and restrict the growth of the market is provided.
- Estimations and forecast are based on factors impacting the market growth, in terms of both value and volume.
- Profiles of leading players operating in the Asia-Pacific, Middle East and Africa Macrofiltration market has been provided, and this helps in understanding the competitive scenario Asia-Pacific, Middle East and Africa.
- The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable market growth.
- The Asia-Pacific, Middle East and Africa Macrofiltration market forecast is done from 2019-2026.
KEY MARKET SEGMENTS
BY Product
- Granular Micro Filter
- Filter Press Filter
- Leaf Tubular and Press Filter
- Bag Filter
- Belt Filter Press
- Auto Backwash Filters
- Others
BY Industry Vertical
- Water and Wastewater
- Chemical and Pharmaceutical
- Mining and Metal
- Food and Beverage
- Paper and Pulp
- Others
By Region
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Indonesia
- Thailand
- Rest of Asia-Pacific
- Middle East
- Saudi Arabia
- UAE
- Kuwait
- Qatar
- Rest of Middle East
- Africa
- Brazil
- Argentina
- South Africa
- Rest of Africa
Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Landscape
Chapter 4: Macrofiltration Market, by Product
Chapter 5: Macrofiltration Market, by Industry Vertical
Chapter 6: Macrofiltration Market, by Region
Chapter 7: Company Profiles:
Chapter 8: Competitive Landscape
Executive Summary
According to the report, titled 'Macrofiltration Market by Product and Industry Vertical: Asia-Pacific, Middle East and Africa Opportunity Analysis and Industry Forecast, 2019-2026' the Macrofiltration market for Asia-Pacific, Middle East and Africa was valued $2.6 billion in 2018, and is projected to reach $4.4 billion by 2026, at a CAGR of 6.7% from 2019 to 2026.Increase in usage of macrofiltration in water purification & wastewater treatment and government regulations associated with water pollution are Asia-Pacific, Middle East and Africa macrofiltration market trends observed in the recent years. Growth in biopharmaceutical industry, rise in population, and rapid industrialization across emerging economies are other factors that supplement market growth. However, high initial investment, lack of funds in developing countries, and strict government regulations associated with validation of filtration procedures restrict the growth of the Asia-Pacific, Middle East and Africa macrofiltration market.
Based on type, the Asia-Pacific, Middle East and Africa macrofiltration market analysis is done into granular micro filter, filter press filter, leaf tubular and press filter, bag filter, belt filter press, auto backwash filters, and others. The auto backwash filter segment is expected to grow with a CAGR of 9.3% during the forecast period. Rising demand for filtered water in food & beverage industry and residential sector to maintain product safety is driving the growth of the market. However, high cost of auto backwash filters and high maintenance cost is hampering the growth of backwash filter. Furthermore, emerging trend such as increasing water treatment plants in Asia-Pacific is estimated to provide lucrative growth opportunities to the market.
Based on industry vertical, market is segmented into water and wastewater, chemical and pharmaceutical, mining and metal, food and beverage, paper and pulp and others. Rise in use of drum and disk filters in mining applications is boosting the macrofiltration market for the mining industry. Based on region, the market is analyzed across Asia-Pacific, the Middle East, and Africa. Asia-Pacific holds the major share in the macrofiltration market in 2019. Macrofiltration membranes are used for the treatment of municipal wastewater to clean and recycle it before using it for drinking as well as sanitation. Also, macrofiltration finds applications in the chemical industry and is used to purify process stream. The demand for macrofiltration is expected to increase due to significant expansion of the chemical industry across India, China, and Japan. In addition, macrofiltration is widely used in the dairy industry for lactose concentration and demineralization. Rise in demand for dairy products in emerging economies such as India and China, is anticipated to drive the Asia-Pacific, Middle East and Africa macrofiltration market growth in the region.
Market players have adopted agreement, partnership, and expansion as their key developmental strategies to gain a competitive advantage in the market. The key players operating in the Asia-Pacific, Middle East and Africa macrofiltration industry include Amiad Water Systems, Ascension Industries, Inc., Danaher Corporation, Filtration Group, Mann+Hummel, MTB Technologies Sp. Z O.O., Ostwald Filtration Systems GmbH, Parker Hannifin, Pentair PLC, and SUEZ water technologies Inc. In order to stay competitive, these market players are adopting different strategies such as product launch, partnership, merger and acquisition. In an instance, SUEZ acquired GE Water & Process Technologies. This acquisition reinforced the company's geographical position and added a brand to its product portfolio.
Key Findings of the Study:
The water and wastewater segment was the highest contributor in the Asia-Pacific, Middle East and Africa macrofiltration market size, and is estimated to grow at a CAGR of 6.6% during the forecast period.
Asia-Pacific is anticipated to dominate the Asia-Pacific, Middle East and Africa macrofiltration market share during the entire forecast period.
The granular micro filter segment was the highest contributor to the market and is estimated to grow at a CAGR of 5.7% during the forecast period.
Auto backwash filters and belt filter press are expected to witness considerable CAGRs of 9.3% and 6.9%, respectively, during the forecast period.
Companies Mentioned
- Amiad Water Systems
- Ascension Industries Inc.
- Danaher Corporation
- Filtration Group
- Mann+Hummel
- MTB Technologies Sp. Z O.O.
- Ostwald Filtration Systems GmbH
- Parker Hannifin
- Pentair PLC
- SUEZ water technologies Inc
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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