Filtration – Process of separating one substance from another and there are many types of filter systems depending upon the nature of the materials to be separated
Worldwide market for filter equipment and systems, filter elements and filter media is an industry worth more than $100 billion per year
Global demand for filters will increase a healthy 7.6 percent annually to $65.9 billion in 2015
Industry has been growing consistently in the 3-5% range per year
NW materials used in filtration applications are an important part of the worldwide NW industry
It is the fourth largest NW end-use market in North America
2. Overview
Filtration – Process of separating one substance from another and
there are many types of filter systems depending upon the nature of
the materials to be separated
Worldwide market for filter equipment and systems, filter elements
and filter media is an industry worth more than $100 billion per year
Global demand for filters will increase a healthy 7.6 percent annually
to $65.9 billion in 2015
Industry has been growing consistently in the 3-5% range per year
NW materials used in filtration applications are an important part of
the worldwide NW industry
It is the fourth largest NW end-use market in North America
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4. Classification of Filters
Classification
based on
application
Automobile
filters
Air filter
Lube oil
filter
Fuel filter
Industrial
filters
Air filter
(HVAC
filters)
Pre filters
Medium
efficiency
filters
HEPA
filters
Liquid
filter
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5. Automotive Home
Food &
Beverages
Power Generation
Industry
Transportation
Industry
Electronic
industry
Water treatment
Industry
Chemical
industry
Nuclear Power
generation
Filter Industry - Applications
Filters are used in many types of applications
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6. Global Market for NW Filters
Global market value for NW filter media was estimated at $ 3.5 billion
in 2015 with a 5-year CAGR of 7%
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Global Market for NW Filter Media
-
1,000.0
2,000.0
3,000.0
4,000.0
2011 2012 2013 2014 E 2015 E
2,674.0 2,860.2 3,059.3
3,272.2 3,500.0
In Mn. USD
Source: BCC Research
7. Indian filtration market for nonwoven media would reach to 20000
MT in 2015 with CAGR of 17% and market for woven filtration media
would reach to 3000 MT in 2015 with CAGR of 9%
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Indian Filtration Market According
Filtration Media
1500 2300 3000
5300
12500
20000
2013 2014 2015 E
Woven Filtration Media Nonwoven Filtration Media
Source: Suvin Research
In MT
Indian Market for Filter Media