Global Depth Filtration Market Analysis 2017 and Forecasts 2018-2022 – A $2.96 Billion Market Opportunity – Research and Markets

DUBLIN–(BUSINESS WIRE)–The "Depth
Filtration Market by Media Type (Diatomaceous Earth, Activated Carbon,
Cellulose), Product (Filter Cartridge, Capsule Filter), Application
(Final Product Processing (Small Molecules, Biologics), Cell
clarification) – Global Forecast to 2022" report has been added
to Research and Markets' offering.

The global depth filtration market is projected to reach US$2.96 billion
by 2022 from US$1.70 billion in 2017, at a CAGR of 11.7% from 2017 to
2022.

The increasing demand for biopharmaceuticals and increasing R&D
expenditure in the biopharmaceutical industry are the major factors
driving the growth of the global depth filtration market.

Developing markets in the Asia-Pacific region such as Japan, China,
India, South Korea, Taiwan, Australia, and Singapore are lucrative
markets for depth filtration. Growing per capita income, increased
investments in the healthcare industry by key market players, and
increased outsourcing services by various pharmaceutical and
biopharmaceutical companies from these countries are the major factors
driving the growth of the depth filtration market in this region.

The cartridge filters segment is estimated to account for the largest
share of the depth filtration market in 2017, whereas the capsule
filters segment is estimated to grow at the highest CAGR during the
forecast period. The large share of the cartridge filters segment can be
attributed to their high dirt-holding capacity and long service life,
which ultimately helps the reduction of labor costs by decreasing the
filter change-out frequency.

Acquisitions was the dominant strategy adopted by key industry
participants to increase their market share in the depth filtration
market.

The depth filtration market is dominated by established players such as
Merck KGaA (Germany), Pall Corporation (U.S.), Sartorius Stedim Biotech
S.A. (France), 3M Company (U.S.), and Eaton Corporation (Ireland).

Market Dynamics

Drivers

• Growth in the Production of Biologics and Large Molecules
• Increasing R&D Expenditure in Pharmaceutical and Biopharmaceutical
  Companies
• Advantages Such as Low Cost and Ease of Use are Driving the Uptake of
  Depth Filters

Restraint

• Stringent Government Regulations for the Validation of Filtration
  Processes

Opportunities

• Patent Expiry of Biologics
• Emerging Markets Offer Lucrative Growth Opportunities

Challenge

• Low Capacity of Depth Filters for High-Density Harvest

Companies Mentioned

• 3M Company
• Amazon Filters Ltd.
• Carl Stuart Group (Pure Processes)
• Eager Corporation
• Eaton Corporation PLC
• Ertelalsop
• Fileder Filter Systems Ltd.
• Filtrox Ag
• Ge Water and Process Technologies
• Graver Technologies LLC
• Hangzhou Anow Microfiltration Co. Ltd.
• Meissner Filtration Product Inc.
• Merck KGaA
• Pall Corporation (A Subsidiary of Danaher Corporation)
• Parker Hannifin Corporation
• Pendotech LLC
• Porvair Filtration Group
• Pratham Filter Industries
• Prosep Filter Systems Ltd.
• Saint-Gobain Performance Plastics
• Sartorius Stedim Biotech S.A.
• Techno Filters Pvt. Ltd.
• Trinity Filtration Technology Pvt. Ltd.
• Voigt GmbH
• Wolftechnik Filter Systems GmbH & Co. Kg

For more information about this report visit https://www.researchandmarkets.com/research/z9lt5s/global_depth?w=4

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