Press Release
Chemicals

Water Filters Market 2018-2023: Latest Innovation, Advance Technology, Top Companies

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The Global report titled Water Filters Market delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 168 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. An exclusive data offered in this report is collected by research and industry experts team.

Major Vendors profiled in the Water Filters Market:

Eaton Corporation (US)

Suez Water Technologies & Solutions (France)

Veolia (France)

Dow Water & Process Solutions (US)

Evoqua Water Technologies (US)

Mann-Hummel (Germany)

Pall Corporation (US)

Pentair PLC (UK)

Lydall Industrial Filtration (US)

The Water Filters Market is estimated to be US$ 10.8 Billion in 2018 and is projected to reach US$ 14.7 Billion by 2023, at a CAGR of 6.3%.The growth in food & beverages, chemicals & petrochemicals, pharmaceuticals, and oil & gas industries is driving the demand for water filters.

By Media Type, the single & dual phase segment is projected to register the highest CAGR during the forecast period. There is a growing demand for single & dual phase media due to its multiple uses. The segments’ growth is also driven by the growth in food& beverages, chemicals & petrochemicals, pharmaceuticals, oil & gas industries.

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By Region, the Asia Pacific water filters market is projected to register the highest CAGR between 2018 and 2023. This growth projection is mainly attributed to the growing population, increasing urbanization & modernization, and increasing concerns related to the use and reuse of water and wastewater. China is estimated to be the largest contributor to the Asia Pacific water filters market.

Based on End-Use Industry, the food &beverages segment is projected to register the highest CAGR between 2018 and 2023. This growth is mainly attributed to the growing population, increasing urbanization, and rising number of working women. Increasing health issues caused due to impure water particles & contaminants act as a major driver for the water filters market. The food &beverage industry uses a huge quantity of water for processing and other procedures.

Study Objectives:

  • To analyze competitive developments, such as acquisitions, new product launches, and expansions in the market
  • To forecast the size of the market with respect to 5 regions, namely, Asia Pacific (APAC), Europe, North America, South America, and the Middle East & Africa along with their countries
  • To analyze and forecast the size of the water filters market only in terms of value
  • To analyze the opportunities in the market for stakeholders and provide a competitive landscape for the market leaders
  • To strategically profile the key players and comprehensively analyze their market shares and core competencies

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