North America Depth Filtration
Market was worth USD 0.58 billion in 2016 and is projected to grow at a CAGR of
11.5%, to reach USD 1.0 billion by 2021.
Depth filtration uses the depth
or thickness of its filter medium to retain particles from their carrying
fluid. Depth filtration depends on the size or shape of particles. Huge amounts
of particles can be separated using depth filters before cleaning the filter
media.
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Due to its high filter efficiency
and the ability to hold high loads, they are used to filter huge volumes of
fluid. Depth filtration is finding its applications in different fields as its
popularity increases. It is used in food & beverage industries, chemical
and cosmetics industries etc. Filter media to be used in the depth filters are
to be properly selected to attain high productivity.
Due to the increase in
investments in life sciences research, demand for high quality products are the
major factors driving the market growth. Technological advancements in process technologies
to meet the market requirements, increased use of depth filters in cell culture
clarification are also propelling the market growth. Strict government
regulations on the filtration validation process and less extraction of product
are the major restraining factors for the depth filtration market.
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The North America depth
filtration market is segmented by media type, product, application and region.
Based on the media type used in the filter, the market is segmented into
Diatomaceous Earth, Activated Carbon, Cellulose and Perlite. Based on the
product, the market is segmented into Cartridge filters, Capsule Filters,
Filter modules, Filter sheets and other products. Capsule filters segment is
projected to be fastest growing segment due to its increasing applications in
biotechnology industry. On the basis of application, the market is segmented
into Final Product Processing, Cell clarification and Raw Material Filtration.
The final product processing segment is sub segmented into small molecules
processing and biologics processing. Raw material filtration is projected to
hold the largest market share as depth filtration is highly useful in large
volumes filtration.
On the basis of geography, the
North America depth filtration market is segmented into USA and Canada. USA
holds the largest market share in this region due to huge investments in
pharmaceutical and biotechnology industries increasing the demand for depth
filtration.
Some of the major players in
depth filtration market are Merck KGaA, 3M Company, Alfa Laval, Filtteck Co.,
Ltd., Pall Corporation (U.S.), Donaldson Company, Sartorius Stedim Biotech
S.A., Ahlstrom Corporation and Eaton Corporation.
Scope of the Report
· Regional and country-level analysis and
forecasts of the study market; providing Insights on the major
countries/regions in which this industry is blooming and to also identify the
regions that are still untapped
· Segment-level
analysis in terms of technology, component,
and type along with market size forecasts and estimations to detect key areas
of industry growth in detail
· Identification
of key drivers, restraints, opportunities, and challenges (DROC) in
the market and their impact on shifting market dynamics
· Study of
the effect of exogenous and endogenous factors that affect the global market;
which includes broadly demographic, economics, and political, among other
macro-environmental factors presented in an extensive PESTLE Analysis
· Study the
micro environment factors that determine the overall profitability of an
Industry, using Porter’s five forces analysis for analysing
the level of competition and business strategy development
· A
comprehensive list of key market players along with their
product portfolio, current strategic interests, key financial information,
legal issues, SWOT analysis and analyst overview to study and sustain the
market environment
· Competitive
landscape analysis listing out
the mergers, acquisitions, collaborations in the field along with new product
launches, comparative financial studies and recent developments in the market
by the major companies
· An executive
summary, abridging the entire report in such a way that decision-making
personnel can rapidly become acquainted with background information, concise
analysis and main conclusions
· Expertly
devised analyst overview along with Investment opportunities to
provide both individuals and organizations a strong financial foothold in the
market
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