Ceramic Filters Market size likely to exceed $2.2bn by 2023 - PowerPoint PPT Presentation

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Ceramic Filters Market size likely to exceed $2.2bn by 2023

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Ceramic filters market size is set to grow from USD 895 million in 2015 with estimated gains at 12.4% CAGR up to 2023. Global ceramic filters market share can be characterized by low level of backward integration and different levels of forward integration. – PowerPoint PPT presentation

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Title: Ceramic Filters Market size likely to exceed $2.2bn by 2023


1
Ceramic Filters Market size, Share Industry
Analysis, 2023 Fractovia.org
Ceramic Filters Market size likely to exceed
2.2bn by 2023
2
Overview
  • Global Ceramic Filters Market size was USD 895
    million in 2015 and is likely to grow beyond
    this, with a projected CAGR of 12.4 till 2023 as
    per the study by Global Market Insights.
  • Combined efforts of government and various
    agencies including EPA (Environmental Protection
    Agency), NSF (National Science Foundation), EEA
    (Energy and Environmental Affairs), ASTM
    (American Society for Testing and Materials) are
    anticipated to boost up the demand for the
    product.
  • Industrial ceramic water filters demand is set to
    increase owing to applications in separating oil
    suspended solids from wastewater effluents out
    of petrochemical plants, oil refineries, natural
    gas processing and chemical plants.

3
Product Trends
  • Global research report of ceramic filters market
    size is predicted to go beyond USD 255 million
    till 2023 with a CAGR of 11.5.
  • Ceramic water filters have captured the market
    and is projected to touch USD 1.2 billion till
    2023.
  • The ceramic air filters market size is expected
    to achieve an annual rate of 12.7 till 2023.
  • Residential applications, for example, candle
    filters, have gained name and is predicted to
    cross USD 940 million till 2023.
  • Industrial products are likely to grow at a rate
    of 12.6 till 2023.

4
Competitive Trends
  • These products are aptly suitable in industries
    for removal of fat, oil as they are experts in
    reducing polymeric systems. Organizations of this
    industry comprise of Unifrax, Anguil
    Environmental Systems, 3M, Haldor Topsoe, Veolia,
    ClearEdge, Pall Corp, Doulton, and Tri-Mer.
  • According to an online magazine, a well-known
    company Sigma has announced clear glass ceramic
    filters, which is resistant to both shocks as
    well as scratches. This well build filter is
    better than conventional protective filters.
  • It has become mandatory for both commercial as
    well as industrial sector to reduce toxicity of
    gaseous and VoC emission, thereby better growth
    is expected in this industry.

5

Browse Full Market Research Report Ceramic
Filters Market _at_ https//www.fractovia.org/news/in
dustry-research-report/ceramic-filters-market
Request for a Sample of this Research report
_at_ https//www.fractovia.org/request-sample/131
6
Regional Trends
  • In U.S., this product is anticipated to rise with
    a CAGR of 12 till 2023.
  • China as well as India are the leading countries
    in the ceramic filters market and are projected
    to cross USD 800 million till 2023. Many
    large-scale industries present in China along
    with measures taken by the government to save the
    environment are likely to propel the market in
    near future. Excellent mechanical strength with
    respect to polymeric membranes and higher
    chemical resistant features is one more facet
    which is expected to drive ceramic filters market
    size in future.

Request for a Sample of this Research report
_at_ https//www.gminsights.com/request-sample/detail
/393
7
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