The global Sintered Porous Plastic Filters market held a market value of USD 136 Million in 2021 and is projected to reach USD 213 Million by the year 2030. The market is anticipated to grow at a CAGR of 7.1% from 2021 to 2030.
Sintered Porous Plastic Filters Market Status, Trends and COVID-19 Impact Report 2021, Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Sintered Porous Plastic Filters Market , and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Digital Evidence Management market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region
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A release on June 8th, 2021, by the Bureau and Economic Analysis and U.S. Census Bureau reports the recovering of the U.S. market. The report also described the recovery of U.S. International Trade in July 2021.In April 2021, exports in the country reached $300 billion, an increase of $13.4 billion. In April 2021, imports amounted to $294.5 billion, increasing by $17.4 billion. COVID19 is still a significant issue for economies around the globe, as evidenced by the year-over-year decline in exports in the U.S. between April 2020 and April 2021 and the increase in imports over that same period of time. The market is clearly trying to recover. Despite this, it means there will be a direct impact on the Healthcare/ICT/Chemical industries, resulting in a large market for Sintered Porous Plastic Filters.
Sintered Porous Plastic Filters are filters made using a process in which porous materials are fused, but not to the extent to which it liquefies. These filters are mostly made up of polyethylene or polypropylene. Sintered porous plastic filters also function as plastic air silencers for maintaining a high airflow rate by reducing the noise. The market is majorly driven by the growing usage of sintered porous plastic filters in the wastewater treatment industry and potential application from various industries. These applications include medical gases, scuba diving, heat exchangers, and industrial gases, among others. Sintered porous plastic filters are widely used in pharmaceutical, chemical, light, textile, food, light, petroleum, machinery, and wastewater treatment industries.
Growing usage of sintered porous plastic filters in the wastewater treatment industry
Wastewater treatment poses a challenge to many industrial systems. Tubular membrane filters, underdrain support plates, and standard filter housings are used for industrial water filtration, industrial wastewater treatment, as well as municipal wastewater applications. Tubular membrane filters are used for ultra and microfiltration of industrial wastewater. The underdrain support plates are manufactured to support multimedia and sand filtration beds in municipal, industrial, and residential water treatment processes. The standard filter housings function as self-sufficient preliminary filters for liquids. Therefore, extensive usage of sintered porous plastic filters in the wastewater treatment industry is expected to contribute to market growth.
Potential application from various industries
Sintered porous plastic filters have found applications in various industries, such as microchip manufacturing, electroplating, and zero liquid discharge systems. Sintered porous plastic filters also serve automotive, home appliances, aerospace, power & hand tools, filtration & separation, pumps & valves, medical, chemical, refinery, food, oil, and sports vehicles, among others. They usually come in hydrophobic as well as hydrophilic models, as per the industry requirements. Therefore, such a wide range of industrial applications is estimated to fuel the market growth during the forecast period.
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The global sintered porous plastic filters market is segmented into material and application.
By Material Ultrahigh molecular weight polyethylene (UHMWPE)(Fastest Growing) High-density polyethylene (HDPE) Low-Density Polyethylene (LDPE) Very Low-Density Polyethylene (VLDPE) Polypropylene (PP)
The polypropylene segment accounted for the largest share of more than 35%. It is the most commonly used material and also offers a range of pore sizes. It can be used in higher-end processing. These are the factors driving the segments growth. The ultrahigh molecular weight polyethylene segment is expected to grow at the fastest growth rate, as it is an extremely tough plastic with wear resistance as well as high abrasion. By Application Filter Applicators Others
The filter segment accounted for the largest market share owing to the high usage of filters in various industries. The applicators segment is anticipated to grow at the fastest growth rate owing to its fast-growing adoption across industries.
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On a regional basis, the global Sintered Porous Plastic Filters market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
The Asia Pacific region accounted for the largest market share of more than 38% owing to the presence of major companies in the region. These companies include Saifilter Filtration Technology Co., Ltd, Blinex Filter, XHNotion Pneumatic, Guangzhou Lvyuan Water Purification Technology Co., Ltd, and Cobetter Filtration Equipment Co., Ltd, among others.
The North American region holds the second largest market share in the global market, owing to the growing industrial area in the region, especially in the U.S. Europe and Middle East & Africa are also expected to grow at significant CAGR during the forecast period.
Key players operating in the global Sintered Porous Plastic Filters market include Allied Group, Inc., AMI Enterprises, Beltran Technologies, Inc., Blinex Filter – Coat Pvt Ltd., China Rainbow Porous Filters & Parts, GenPore, Industrial Specialties Mfg., Inc., International Polymer Engineering, Lvyuan. Marian, Inc., Porex, POROYAL, Porvair Filtration Group, and Saint-Gobain Performance Plastics, among others.
The cumulative market share of the twelve major players is near about 41.4%. These market players are engaged in partnerships, new product launches, mergers & acquisitions to strengthen their market presence. For instance, in April 2021, Porex established an innovation center for addressing the market demand for new life science technologies. The center is a new business unit named Porex Life Sciences Institute.
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The global sintered porous plastic filters market report provides insights on the below pointers:
Market Penetration: Provides comprehensive information on the market offered by the prominent players Market Development: The report offers detailed information about lucrative emerging markets and analyzes penetration across mature segments of the markets Market Diversification: Provides in-depth information about untapped geographies, recent developments, and investments Competitive Landscape Assessment: Mergers & acquisitions, certifications, product launches in the global Sintered Porous Plastic Filters market have been provided in this research report. In addition, the report also emphasizes the SWOT analysis of the leading players. Product Development & Innovation: The report provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The global sintered porous plastic filters market report answers questions such as:
What is the market size and forecast of the Global Sintered Porous Plastic Filters Market? What are the inhibiting factors and impact of COVID-19 on the Global Sintered Porous Plastic Filters Market during the assessment period? Which are the products/segments/applications/areas to invest in over the assessment period in the Global Sintered Porous Plastic Filters Market? What is the competitive strategic window for opportunities in the Global Sintered Porous Plastic Filters Market? What are the technology trends and regulatory frameworks in the Global Sintered Porous Plastic Filters Market? What is the market share of the leading players in the Global Sintered Porous Plastic Filters Market? What modes and strategic moves are considered favorable for entering the Global Sintered Porous Plastic Filters Market?
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