Dublin, April 11, 2023 (GLOBE NEWSWIRE) -- The "Sterile Filtration: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Sterile Filtration estimated at US$5.7 Billion in the year 2022, is projected to reach a revised size of US$9.8 Billion by 2030, growing at a CAGR of 7.1% over the analysis period 2022-2030.
Cartridge Filters, one of the segments analyzed in the report, is projected to record a 6.5% CAGR and reach US$3.7 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Capsule Filters segment is readjusted to a revised 8.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.9 Billion, While China is Forecast to Grow at 8.8% CAGR
The Sterile Filtration market in the U.S. is estimated at US$1.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2030 trailing a CAGR of 8.8% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.9% and 6.4% respectively over the 2022-2030 period.
Within Europe, Germany is forecast to grow at approximately 6.4% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.2 Billion by the year 2030.
Select Competitors (Total 40 Featured) -
- 3M
- Alfa Laval AB
- Merck KGaA
- Pall Corporation
- Parker Hannifin Corporation
- Porvair Filtration Group
- Sartorius AG
- Starlab Scientific Co., Ltd
- Sterlitech Corporation
- Thermo Fisher Scientific
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 381 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $5.7 Billion |
| Forecasted Market Value (USD) by 2030 | $9.8 Billion |
| Compound Annual Growth Rate | 7.0% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Sterile Filtration - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Importance of Sterile Resources in Various Manufacturing Processes: A Primer
- The Race Between the Virus & Vaccines Intensifies. Amidst this Chaotic Battle, Where is the World Economy Headed in 2021?
- These are Times When Questions Abound & Answers Are Few
- So How Fast Or Slow Are We Moving?
- How Fast the World is Vaccinated Will Determine How Soon the Pandemic Will End: Global Number of Annual COVID-19 Vaccine Doses (In Million) for Years 2020 through 2025 by Geographic Region/Country
- India's Second Wave Makes It Clear That Equity is Not a Part of Global Policy on Tackling COVID
- What We Know So Far - "Vaccine Efficiency Against New Strains is Decreasing"
- Progress on Vaccinations, Why Should Businesses Care?
- With IMF's Upward Revision of Global GDP Forecasts for 2021, Most Companies Are Bullish About a Global Economic Comeback
- A Strong 2021 Economic Rebound Based On Pent-Up Demand Comes as a Relief for Suffering Industries & Markets: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
- Easing Unemployment Levels in 2021 Although Moderate Will Infuse Hope for Industries Reliant on Consumer Discretionary Incomes: Global Number of Unemployed People (In Million) for Years 2017, 2019, 2020, and 2022
- A Retrospective Review of Year 2020 as the Worst Year in Humanity's History that Left the World in Shambles & Industries and Markets Upended
- What is Sterile Filtration & Why Is it Important in Food & Pharma Industries?
- Recent Market Activity
- World Brands
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Growing Biopharmaceuticals Industry Led by Rising R&D Investments Fuels Foundational Growth in the Market
- Bioburden Control in a Booming Biopharmaceutical Industry Spells Opportunity for Sterile Filtration: Global Biopharmaceutical Sales (In US$ Billion) for Years 2020, 2022, 2024, and 2026
- Here's How Focus On Bioburden Control is Driving Demand for Sterile Filtration in the Biopharmaceutical Industry
- Increase in Vaccine Production Pushes Up Need for Sterile Filtration
- Sterile Filtration & Vaccines
- Robust Demand for Processed Food to Benefit Demand Growth
- Pandemic Spurs Demand for Packaged Food & Beverages
- Why Filtration Is Essential in Food Processing & Production?
- On Cards, Robust Growth Opportunities in the Alcohol Industry, Post Pandemic
- Global Beer Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
- Global Wine Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
- Role of Sterile Filtration in Wine & Beer Production
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/bshh54
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