String Wound Filter Material Market
PUBLISHED: 2023 ID: SMRC22863
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String Wound Filter Material Market

String Wound Filter Material Market Forecasts to 2028 - Global Analysis By Type (Polyester, Cotton, Rayon, Polypropylene and Other Types), End User and By Geography

4.6 (40 reviews)
4.6 (40 reviews)
Published: 2023 ID: SMRC22863

This report covers the impact of COVID-19 on this global market
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Years Covered

2020-2028

Estimated Year Value (2022)

US $1.4 BN

Projected Year Value (2028)

US $2.1 BN

CAGR (2022 - 2028)

6.9%

Regions Covered

North America, Europe, Asia Pacific, South America, and Middle East & Africa

Countries Covered

US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa

Largest Market

Asia Pacific

Highest Growing Market

North America


According to Stratistics MRC, the Global String Wound Filter Material Market is accounted for $1.4 billion in 2022 and is expected to reach $2.1 billion by 2028 growing at a CAGR of 6.9% during the forecast period. Depth filters, also referred to as string-wound filters. To block undesirable particles, string wound filters use two layers of filtering. While the inner layer gathers tiny particles that pass through the first layer, the first layer traps particles that are the same size as or larger than the micron rating. Since surface area is sacrificed for higher filtering, depth filters need to be cleaned more regularly. Rust, filth, and other sediments are taken out of water by the string woven filter using fibres. Cotton, glass fibre, polypropylene, and other materials are used to make string.

According to a report published by Water.org, a US-based non-profit organization for providing sanitation and safe water solutions, in the US, households without a water connection account for nearly 1.5 times the population.



Market Dynamics:

Driver:

Increasing demand for string wound glass fibre filters

Due to their compatibility, the chemical and petrochemical industry uses glass fibre filters in string wound filters the most. Glass fibre string wound filters are only used in select situations, such as those involving high temperatures, because they are relatively expensive. It is motivating manufacturers to build new facilities or enlarge their current ones. This is the main element fueling the market's expansion.

Restraint:

Problems related to media migration

The performance of string wound filter cartridges is additionally hampered by particular operating issues such medium movement and chemical leaching. Less chemicals, such as resin binders, are included in string wound filters. These chemicals begin to leak out when the filters are used. They combine with the filtrate and lower the filtration process' effectiveness. Consequently, this is the factor impeding market expansion.

Opportunity:

Government initiatives for stringent water treatment norms

Governments all across the world are putting their strategies into action to substitute alternate water supply measures for the limited water supplies. String wound filters are generally favoured by the water and wastewater treatment sectors because they offer greater microbial resistance and constant performance. The demand for string wound filters is rising as a result of these features and advantages.

Threat:

Availability of alternative filter media

The market for string wound filters materials is predicted to become more competitive as more filter types and materials become available. In end-use industries, a few filter types that are frequently utilised are melt blown, membrane, and pleated filters. However, string wound filters are chosen since they are economical and have a large capacity to hold dirt. Therefore, these elements are impeding the market's expansion.

Covid-19 Impact

The COVID-19 pandemic has caused supply chains to be disrupted, production facilities to be shut down, and a decline in the demand for industrial and oil & gas products. As a result, it is projected that the demand for string wound filter materials will decrease in a number of end-use sectors. Due to the pandemic's global delays in expansion projects and decreased manufacturing production, the demand for string wound filter materials has been falling. The market for string wrapped filter materials is being driven by an increase in demand from the pharmaceutical and food and beverage industries during the pandemic.

The polypropylene segment is expected to be the largest during the forecast period

The polypropylene segment is estimated to have a lucrative growth, due to they are utilized in various end use industries. Excellent filtration and exceptional heat stability are provided by the polypropylene construction of the central core. For applications requiring high strength and high flow rates where stainless steel or any other ather core materials cannot be used, the central core of string wound filters is developed and manufactured with polypropylene.

The food & beverage segment is expected to have the highest CAGR during the forecast period

The food & beverage segment is anticipated to witness the fastest CAGR growth during the forecast period, due to the growing population and increasing preference for packaged foods. In the food and beverage business, string wound filters are frequently employed for the filtration of fluids and food ingredients. In their filtration process, the food and beverage industry uses string wound filters built with FDA-approved materials.

Region with Largest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to its low-cost labour and availability of inexpensive land. The major user of string wound filters in the area is the water and wastewater treatment sector. As a result, the manufacturing sector is growing, which raises the demand for materials for string wound filters. The need for these products in the area is also being driven by the expanding food and beverage industry.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period, owing to the expansion of the water treatment sector. The development of technological solutions for string wound filter materials is the primary focus of the industry's major players. A crucial trend that is becoming increasingly popular in the string wound filter materials market is the progress of technology.



Key players in the market

Some of the key players profiled in the String Wound Filter Material Market include Shanghai Minipore Industrial Co. Ltd., Amazon Filters Ltd., Parker Hannifin Corporation, 3M Company, Eaton Corporation, Dow Inc., Bluebird Pure Pvt. Ltd., Pall Corporation, Micronics Engineered Filtration Group, United Filters International, Pentair Plc, Coats Group Plc, Nitto Boseki Co., Ltd. and William Barnet and Son, LLC.

Key Developments:

In February 2022, Micronics Engineered Filtration Group, has acquired National Filter Media (NFM) and FilterFab. The acquisition of National Filter Media significantly expands Micronics’ portfolio of engineered filtration solutions.

In November 2021, Nitto Boseki Co., Ltd. starts operation of the new special glass factory in Taiwan with floor area approximately 20,000. The main product produced at this plant is NE-glass yarn.

Types Covered:
• Polyester
• Cotton
• Rayon
• Polypropylene
• Other Types

End Users Covered:
• Food & Beverage
• Chemicals
• Water Treatment
• Pulp and Paper
• Power Generation
• Oil & Gas
• Pharmaceuticals
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global String Wound Filter Material Market, By Type
5.1 Introduction
5.2 Polyester
5.3 Cotton
5.4 Rayon
5.5 Polypropylene
5.6 Other Types

6 Global String Wound Filter Material Market, By End User
6.1 Introduction
6.2 Food & Beverage
6.3 Chemicals
6.4 Water Treatment
6.5 Pulp and Paper
6.6 Power Generation
6.7 Oil & Gas
6.8 Pharmaceuticals
6.9 Other End Users

7 Global String Wound Filter Material Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 US
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 UK
7.3.3 Italy
7.3.4 France
7.3.5 Spain
7.3.6 Rest of Europe
7.4 Asia Pacific
7.4.1 Japan
7.4.2 China
7.4.3 India
7.4.4 Australia
7.4.5 New Zealand
7.4.6 South Korea
7.4.7 Rest of Asia Pacific
7.5 South America
7.5.1 Argentina
7.5.2 Brazil
7.5.3 Chile
7.5.4 Rest of South America
7.6 Middle East & Africa
7.6.1 Saudi Arabia
7.6.2 UAE
7.6.3 Qatar
7.6.4 South Africa
7.6.5 Rest of Middle East & Africa

8 Key Developments
8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions & Mergers
8.3 New Product Launch
8.4 Expansions
8.5 Other Key Strategies

9 Company Profiling
9.1 Shanghai Minipore Industrial Co. Ltd.
9.2 Amazon Filters Ltd.
9.3 Parker Hannifin Corporation
9.4 3M Company
9.5 Eaton Corporation
9.6 Dow Inc.
9.7 Bluebird Pure Pvt. Ltd.
9.8 Pall Corporation
9.9 Micronics Engineered Filtration Group
9.10 United Filters International
9.11 Pentair Plc
9.12 Coats Group Plc
9.13 Nitto Boseki Co., Ltd.
9.14 William Barnet and Son, LLC

List of Tables
1 Global String Wound Filter Material Market Outlook, By Region (2020-2028) ($MN)
2 Global String Wound Filter Material Market Outlook, By Type (2020-2028) ($MN)
3 Global String Wound Filter Material Market Outlook, By Polyester (2020-2028) ($MN)
4 Global String Wound Filter Material Market Outlook, By Cotton (2020-2028) ($MN)
5 Global String Wound Filter Material Market Outlook, By Rayon (2020-2028) ($MN)
6 Global String Wound Filter Material Market Outlook, By Polypropylene (2020-2028) ($MN)
7 Global String Wound Filter Material Market Outlook, By Other Types (2020-2028) ($MN)
8 Global String Wound Filter Material Market Outlook, By End User (2020-2028) ($MN)
9 Global String Wound Filter Material Market Outlook, By Food & Beverage (2020-2028) ($MN)
10 Global String Wound Filter Material Market Outlook, By Chemicals (2020-2028) ($MN)
11 Global String Wound Filter Material Market Outlook, By Water Treatment (2020-2028) ($MN)
12 Global String Wound Filter Material Market Outlook, By Pulp and Paper (2020-2028) ($MN)
13 Global String Wound Filter Material Market Outlook, By Power Generation (2020-2028) ($MN)
14 Global String Wound Filter Material Market Outlook, By Oil & Gas (2020-2028) ($MN)
15 Global String Wound Filter Material Market Outlook, By Pharmaceuticals (2020-2028) ($MN)
16 Global String Wound Filter Material Market Outlook, By Other End Users (2020-2028) ($MN)
17 North America String Wound Filter Material Market Outlook, By Country (2020-2028) ($MN)
18 North America String Wound Filter Material Market Outlook, By Type (2020-2028) ($MN)
19 North America String Wound Filter Material Market Outlook, By Polyester (2020-2028) ($MN)
20 North America String Wound Filter Material Market Outlook, By Cotton (2020-2028) ($MN)
21 North America String Wound Filter Material Market Outlook, By Rayon (2020-2028) ($MN)
22 North America String Wound Filter Material Market Outlook, By Polypropylene (2020-2028) ($MN)
23 North America String Wound Filter Material Market Outlook, By Other Types (2020-2028) ($MN)
24 North America String Wound Filter Material Market Outlook, By End User (2020-2028) ($MN)
25 North America String Wound Filter Material Market Outlook, By Food & Beverage (2020-2028) ($MN)
26 North America String Wound Filter Material Market Outlook, By Chemicals (2020-2028) ($MN)
27 North America String Wound Filter Material Market Outlook, By Water Treatment (2020-2028) ($MN)
28 North America String Wound Filter Material Market Outlook, By Pulp and Paper (2020-2028) ($MN)
29 North America String Wound Filter Material Market Outlook, By Power Generation (2020-2028) ($MN)
30 North America String Wound Filter Material Market Outlook, By Oil & Gas (2020-2028) ($MN)
31 North America String Wound Filter Material Market Outlook, By Pharmaceuticals (2020-2028) ($MN)
32 North America String Wound Filter Material Market Outlook, By Other End Users (2020-2028) ($MN)
33 Europe String Wound Filter Material Market Outlook, By Country (2020-2028) ($MN)
34 Europe String Wound Filter Material Market Outlook, By Type (2020-2028) ($MN)
35 Europe String Wound Filter Material Market Outlook, By Polyester (2020-2028) ($MN)
36 Europe String Wound Filter Material Market Outlook, By Cotton (2020-2028) ($MN)
37 Europe String Wound Filter Material Market Outlook, By Rayon (2020-2028) ($MN)
38 Europe String Wound Filter Material Market Outlook, By Polypropylene (2020-2028) ($MN)
39 Europe String Wound Filter Material Market Outlook, By Other Types (2020-2028) ($MN)
40 Europe String Wound Filter Material Market Outlook, By End User (2020-2028) ($MN)
41 Europe String Wound Filter Material Market Outlook, By Food & Beverage (2020-2028) ($MN)
42 Europe String Wound Filter Material Market Outlook, By Chemicals (2020-2028) ($MN)
43 Europe String Wound Filter Material Market Outlook, By Water Treatment (2020-2028) ($MN)
44 Europe String Wound Filter Material Market Outlook, By Pulp and Paper (2020-2028) ($MN)
45 Europe String Wound Filter Material Market Outlook, By Power Generation (2020-2028) ($MN)
46 Europe String Wound Filter Material Market Outlook, By Oil & Gas (2020-2028) ($MN)
47 Europe String Wound Filter Material Market Outlook, By Pharmaceuticals (2020-2028) ($MN)
48 Europe String Wound Filter Material Market Outlook, By Other End Users (2020-2028) ($MN)
49 Asia Pacific String Wound Filter Material Market Outlook, By Country (2020-2028) ($MN)
50 Asia Pacific String Wound Filter Material Market Outlook, By Type (2020-2028) ($MN)
51 Asia Pacific String Wound Filter Material Market Outlook, By Polyester (2020-2028) ($MN)
52 Asia Pacific String Wound Filter Material Market Outlook, By Cotton (2020-2028) ($MN)
53 Asia Pacific String Wound Filter Material Market Outlook, By Rayon (2020-2028) ($MN)
54 Asia Pacific String Wound Filter Material Market Outlook, By Polypropylene (2020-2028) ($MN)
55 Asia Pacific String Wound Filter Material Market Outlook, By Other Types (2020-2028) ($MN)
56 Asia Pacific String Wound Filter Material Market Outlook, By End User (2020-2028) ($MN)
57 Asia Pacific String Wound Filter Material Market Outlook, By Food & Beverage (2020-2028) ($MN)
58 Asia Pacific String Wound Filter Material Market Outlook, By Chemicals (2020-2028) ($MN)
59 Asia Pacific String Wound Filter Material Market Outlook, By Water Treatment (2020-2028) ($MN)
60 Asia Pacific String Wound Filter Material Market Outlook, By Pulp and Paper (2020-2028) ($MN)
61 Asia Pacific String Wound Filter Material Market Outlook, By Power Generation (2020-2028) ($MN)
62 Asia Pacific String Wound Filter Material Market Outlook, By Oil & Gas (2020-2028) ($MN)
63 Asia Pacific String Wound Filter Material Market Outlook, By Pharmaceuticals (2020-2028) ($MN)
64 Asia Pacific String Wound Filter Material Market Outlook, By Other End Users (2020-2028) ($MN)
65 South America String Wound Filter Material Market Outlook, By Country (2020-2028) ($MN)
66 South America String Wound Filter Material Market Outlook, By Type (2020-2028) ($MN)
67 South America String Wound Filter Material Market Outlook, By Polyester (2020-2028) ($MN)
68 South America String Wound Filter Material Market Outlook, By Cotton (2020-2028) ($MN)
69 South America String Wound Filter Material Market Outlook, By Rayon (2020-2028) ($MN)
70 South America String Wound Filter Material Market Outlook, By Polypropylene (2020-2028) ($MN)
71 South America String Wound Filter Material Market Outlook, By Other Types (2020-2028) ($MN)
72 South America String Wound Filter Material Market Outlook, By End User (2020-2028) ($MN)
73 South America String Wound Filter Material Market Outlook, By Food & Beverage (2020-2028) ($MN)
74 South America String Wound Filter Material Market Outlook, By Chemicals (2020-2028) ($MN)
75 South America String Wound Filter Material Market Outlook, By Water Treatment (2020-2028) ($MN)
76 South America String Wound Filter Material Market Outlook, By Pulp and Paper (2020-2028) ($MN)
77 South America String Wound Filter Material Market Outlook, By Power Generation (2020-2028) ($MN)
78 South America String Wound Filter Material Market Outlook, By Oil & Gas (2020-2028) ($MN)
79 South America String Wound Filter Material Market Outlook, By Pharmaceuticals (2020-2028) ($MN)
80 South America String Wound Filter Material Market Outlook, By Other End Users (2020-2028) ($MN)
81 Middle East & Africa String Wound Filter Material Market Outlook, By Country (2020-2028) ($MN)
82 Middle East & Africa String Wound Filter Material Market Outlook, By Type (2020-2028) ($MN)
83 Middle East & Africa String Wound Filter Material Market Outlook, By Polyester (2020-2028) ($MN)
84 Middle East & Africa String Wound Filter Material Market Outlook, By Cotton (2020-2028) ($MN)
85 Middle East & Africa String Wound Filter Material Market Outlook, By Rayon (2020-2028) ($MN)
86 Middle East & Africa String Wound Filter Material Market Outlook, By Polypropylene (2020-2028) ($MN)
87 Middle East & Africa String Wound Filter Material Market Outlook, By Other Types (2020-2028) ($MN)
88 Middle East & Africa String Wound Filter Material Market Outlook, By End User (2020-2028) ($MN)
89 Middle East & Africa String Wound Filter Material Market Outlook, By Food & Beverage (2020-2028) ($MN)
90 Middle East & Africa String Wound Filter Material Market Outlook, By Chemicals (2020-2028) ($MN)
91 Middle East & Africa String Wound Filter Material Market Outlook, By Water Treatment (2020-2028) ($MN)
92 Middle East & Africa String Wound Filter Material Market Outlook, By Pulp and Paper (2020-2028) ($MN)
93 Middle East & Africa String Wound Filter Material Market Outlook, By Power Generation (2020-2028) ($MN)
94 Middle East & Africa String Wound Filter Material Market Outlook, By Oil & Gas (2020-2028) ($MN)
95 Middle East & Africa String Wound Filter Material Market Outlook, By Pharmaceuticals (2020-2028) ($MN)
96 Middle East & Africa String Wound Filter Material Market Outlook, By Other End Users (2020-2028) ($MN)
 

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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