String Wound Filter Materials Market Share, Size, Trends, Industry Analysis Report, By Type (Polypropylene, Rayon, Cotton, Polyester, and Others); By End-Use; By Region; Segment Forecast, 2023 - 2032
- Published Date:Jun-2023
- Pages: 116
- Format: PDF
- Report ID: PM3381
- Base Year: 2022
- Historical Data: 2019-2021
Report Outlook
The global string wound filter materials market was valued at USD 1.28 billion in 2022 and is expected to grow at a CAGR of 4.3% during the forecast period. Governments worldwide have launched several initiatives to address the increasing demand for clean water, increasing the demand for filter materials. For example, under the Global Water Strategy, the U.S. government invested in water security to advance health, stability, prosperity, and resilience in the places they most desire. During the five-year execution of the 2017–2022 Global Water Strategy, USAID increased its targets to offer nearly 15 million people access to safe drinking water and almost 8 million tickets to sanitation services.
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Similarly, other programs or acts are also contributing to global revenue growth. The Safe Drinking Water Act regulates the quality of public drinking water in the United States. Similarly, the European Water Framework Directive establishes a framework to protect in-land waters, ponds, & groundwater. This largely increases the demand for filter materials to remove impurities and contaminants from water, making it safe for consumption and other uses.
String wound filter material is significant in several industries where filtration is required to remove impurities or particles from liquids. It provides efficient filtration by trapping particles of varying sizes, ranging from large to small. The filter material can be designed to remove specific contaminants depending on the application. These versatile filter materials can be used in various industrial, residential, and commercial applications. String wound filter materials are also cost-effective and provide an economical solution for filtration.
The COVID-19 pandemic has disrupted global supply chains, resulting in a shortage of raw materials used to produce string wound filter material. This has caused delays in manufacturing and shipping, leading to supply chain disruptions and increased prices. Despite the challenges posed by the pandemic, the global market is expected to experience steady growth in the coming years, driven by the increasing demand for filtration products in various industries. The pandemic has also augmented the need for clean water and other liquids in multiple sectors, including healthcare, food and beverage, and pharmaceuticals.
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Industry Dynamics
Growth Drivers
Growth in the industrial sector is one of the key factors accelerating global string wound filter materials market growth. The industrial sector encompasses a wide range of industries that require high-quality filtration systems. The industrial sector needs high-quality filtration products to maintain product quality and safety. Filter materials are widely used in the industrial industry to remove impurities and particles from liquids. This further strengthens the need for filter materials to reduce environmental impact. Therefore, expanding the industrial sector fruitfully improves the global market’s growth.
The global market is also driven by the increasing demand for these filters in various industries, including pharmaceuticals, food and beverage, chemicals, oil and gas, and water treatment. The growing demand for pharmaceutical products and the need to maintain high purity levels in these products drive the demand for filter materials in the pharmaceutical industry.
Similarly, the need to remove impurities, sediments, and contaminants from water to meet regulatory requirements and ensure safe consumption also supports the global expansion of the market. In addition to this, the oil and gas industry relies heavily on equipment such as pumps and valves, which can be damaged by particulate matter and other contaminants. At the same time, filter materials help them effectively remove contamination and further boost the market’s development.
Report Segmentation
The market is primarily segmented based on type, end-use, and region.
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By Type |
By End-Use |
By Region |
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The polypropylene segment held the largest share of the market in 2022
In 2022, the polypropylene segment dominated the market share. Polypropylene is the crucial material used in filter materials due to its many desirable properties that make it suitable for various applications. The ability to effectively capture a wide range of particulates, including dirt, sand, and sediment, from liquids and gases is helping the market grow. This makes polypropylene string wound filters highly effective in many applications, including water treatment, oil and gas production, and chemical processing.
For instance, in June 2021, the Microfiltration product line was introduced for many filtration applications. The Tekfil SW ranges of precision wound filter cartridges are available with an inclusive range of media types and either polypropylene or steel cores, permitting broad chemical compatibility.
The food and beverages segment dominated the global market in 2022
In 2022, the food and beverage segment held the largest share. This is attributed to the stringent requirements for maintaining high purity levels and preventing contamination. Wound filters are commonly used in the food and beverage industry for various applications, including the filtration of water, juices, wines, and other beverages, as well as the filtration of cooking oils and other food ingredients.
The filters are designed to remove particulates, sediment, and other contaminants, helping to ensure that the final product is safe for consumption and meets regulatory requirements. As a result, wound filter materials are significantly important in the food and beverage industry, where maintaining a high level of efficiency and minimizing downtime is critical for meeting production schedules and ensuring the timely delivery of products to customers.
North America dominated the global market in 2022
North America accounted for the largest share of the global market in 2022. This is linked to the growing use of polypropylene in the region, growing awareness regarding clean water, and the presence of key market players. North America is known for its advanced technologies and innovations, which have significantly contributed to market development. For example, BAE Systems developed filter technology for DARPA's COFFEE program in September 2022. The Defense Advanced Research Projects Agency has awarded the company’s FAST Labs research and development organization a USD 6.5 million contract for this program. The region has several research and development facilities dedicated to enhancing filter technology, enabling manufacturers to produce high-quality filter materials. This, in turn, augmented the market growth in the region.
Asia Pacific is expected to grow at the fastest CAGR during the forecast period due to rapid industrialization in emerging countries like India and China, increasing environmental regulations, and many other factors. The region has invested heavily in infrastructure, particularly water and wastewater treatment. Managing water resources professionally and improving quality services in irrigation, sanitation, water supply, and wastewater treatment is critical to the Asian Development Bank’s (ADB) developing member countries (DMCs).
Businesses are also participating in wastewater treatment to strengthen the region’s safety. For example, in June 2021, Kemira invested in adding capacity in water treatment chemicals in China. This investment is helping to develop the company’s strategy and meet the growing water treatment demand in the Asia-Pacific region. This is further heightening the need for filter materials like polypropylene and many others. As a result, this factor is dramatically projected to boom the market at the fastest growth rate in this region.
Competitive Insight
Some of the major players operating in the global string wound filter materials market include Johns Manville, COATS, MMP Filtration, Dongguan Chemical Fiber, and Jiangsu Sisiyuan Fiber.
Recent Developments
- In November 2022, National Filter Media ("NFM") acquired Micronics Engineered Filtration, a filtration company offering Complete Engineered Filtration Solutions globally. To better meet clients' sophisticated filtration needs, Micronics has strategically expanded its offering of engineered filtration products.
String Wound Filter Materials Market Report Scope
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Report Attributes |
Details |
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Market size value in 2023 |
USD 1.33 billion |
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Revenue forecast in 2032 |
USD 1.94 billion |
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CAGR |
4.3% from 2023 – 2032 |
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Base year |
2022 |
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Historical data |
2019– 2022 |
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Forecast period |
2023– 2032 |
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Quantitative units |
Revenue in USD billion and CAGR from 2023 to 2032 |
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Segments Covered |
By Type, By End-Use, By Region |
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Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
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Key Companies |
Johns Manville, COATS, MMP Filtration, Reliance Industries, Dongguan Donggang Chemical Fiber, Jiangsu Sisiyuan Fiber, Shanghai Jin Chi Industrial, and other |
FAQ's
The string wound filter materials market report covering key segments are type, end-use, and region.
