String Wound Filter Materials Market Size Worth $1.94 Billion By 2032 | CAGR: 4.3%

The global string wound filter materials market size is expected to reach USD 1.94 billion by 2032, according to a new study by Polaris Market Research. The report “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” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Technological advancements among various market players are helping the market to grow at a rapid pace. Advanced materials and filter designs are increasing filtration efficiency and reducing pressure drop. Many businesses participate in the market by launching innovative products, mergers and acquisitions, and other strategies.

For instance, in September 2021, a leading provider of water treatment and sustainable solutions, Pentair plc, entered into an agreement to acquire Pleatco, a producer of clean air and water filtration technologies for pool, spa, and industrial air customers. Similarly, companies like Micronics Engineered Filtration Group and Schweitzer-Mauduit International also contribute to the market’s growth with acquisition strategies. As a result, this factor is likely to boost global revenue.

The string-wound filter material industry has been evolving over the years, with new advancements and innovations being introduced to improve these filters' performance, durability, and cost-effectiveness. The market is constantly researching and developing new materials. New filter designs introduced by industry participants allow higher flow rates, better particle retention, and reduced pressure drop. Adopting automation and robotics in manufacturing to improve efficiency and consistency is shaping the industry. However, integrating smart technology in string wound filters is another area the industry is revolutionizing.

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The surging adoption of filter materials in the food and beverage sector is another foremost factor driving the growth of the global market. Awareness of filtration has increased across the world. For example, in 2022, it was found that nearly 77% of the people living in the U.S. families filter their drinking water with home settings. However, string wound filters are widely used in water filtration due to their high efficiency, cost-effectiveness, and ease of use. These filters help to remove particles and impurities from the water as it passes through the filter cartridge. As a result, many populations are utilizing filter materials to get proper filtration.

String Wound Filter Materials Market Report Highlights

• Polypropylene segment is dominating the market share in 2022 mainly due to the remarkable filtration and good thermal stability of the product
• Food and beverages segment accounted for the largest revenue share. This is attributed to growing awareness of the filtration of various food and beverages
• North America is expected to hold a significant share of the global market due to a spur in demand for innovative technologies in the industry like automation, robotics, and other techniques
• The global players include Johns Manville, COATS, MMP Filtration, Reliance Industries, Dongguan Chemical Fiber, and Jiangsu Sisiyuan Fiber

Polaris Market Research has segmented the String Wound Filter Materials market report based on type, end-use, and region:

String Wound Filter Materials, Type Outlook (Revenue - USD Billion, 2019-2032)

• Polypropylene
• Rayon
• Cotton
• Polyester
• Others

String Wound Filter Materials, End-Use Outlook (Revenue - USD Billion, 2019-2032)

• Chemicals and Petrochemicals
• Water & Wastewater Treatment
• Oil & Gas
• Pharmaceuticals and Medicals
• Food & Beverages
• Others

String Wound Filter Materials, Regional Outlook (Revenue - USD Billion, 2019-2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia

• Latin America

• Argentina
• Brazil
• Mexico

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa

String Wound Filter Materials Market Report Scope