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Global Nonwoven Filter Media Market Driven by High Demand from Pharmaceutical and Oil and Gas Industries

Transparency Market Research Reports incorporated a definite business overview and investigation inclines on “Nonwoven Filter Media Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023” This report likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide business sector industry structure.

 

Albany, NY -- (SBWIRE) -- 01/27/2016 -- The demand for nonwoven filter media is steadily rising thanks to its increased usage across the oil and gas and pharmaceutical industries. Nonwoven filter media comprise randomly arranged nonwoven or synthetic fabrics used for separation or filtration. The technology helps in removing contaminants or unwanted particulates from gaseous or liquid substances, which are passed through the filter media. Since these filtration media cater to diverse filtration needs across industries, manufacturers prefer using them in multiple processes, be it liquid, air, or gas.

The market has gained impetus in recent years from the growing consumer awareness, which has impelled industries to adopt cutting-edge processes that deliver product safety, water purity, and safe air quality, among others. Despite witnessing positive growth prospects, unfavorable regulatory frameworks concerning the application of nonwoven filter media hinder the market's growth to an extent. Nevertheless, launch of the latest technologies in production and application segments will create impressive growth opportunities for the global nonwoven filter media market.

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Multiple Uses of Nonwoven Filter Media Boost Demand across Numerous Industries

Among the key end-use industries, the pharmaceutical and oil and gas industries account for the major share of the global nonwoven filter media market. However, the leading players in the market are already looking forward to penetrate other end uses as well. Nonwoven filter media are used for corrosion prevention, surface cleaning, separation of unwanted particulates, and to control the loading rates of particulates. The media cater to diverse functionalities and therefore could potentially replace polyurethane foams in the near future. Hence, it is expected that over forthcoming years, the demand for nonwoven filter media will continually rise.

Nonwoven Filter Media Industry Forays into Automotive Industry

Apart from exhibiting their importance in the pharmaceutical and oil and gas sectors, nonwoven filter media have recently forayed into the automotive industry as well. The automotive industry at present is focusing on improving the intake air filtration media integrated in engines. Foam, paper, and cellulose materials are the most commonly used raw materials for the purpose. However, due to the adverse environmental impact of the use of such materials, the industry is showing a growing inclination towards nonwoven filter media. Furthermore, deploying nonwoven filter media results in improved sensor shielding in automobile engines, decreases the under-hood space, and increases the overall service life of automobiles.

Regionally, the global nonwoven filter media market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Of these regional segments, Asia Pacific is likely to exhibit the fastest growth by 2020. Among the emerging nations of the region, China is anticipated to exhibit strong demand for nonwoven filter media, as the expanding automotive industry in the nation increasingly demands these filters as automotive filters.

Meanwhile, due to recent developments in the pharmaceutical industry, India is considered to be a lucrative market for nonwoven filter media. Brazil is also exhibiting impressive prospects for the expansion of the nonwoven filter media market in the nation. While the emerging economies are likely to showcase increasing demand for nonwoven filter media, the market in North America and Europe will remain stagnant.

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