The global depth filtration market size was worth USD 2.1 billion in 2020. This value is forecasted to grow USD 3.8 billion by 2025, registering a CAGR of 12.22% from 2020 to 2025.
Filtration is carried out using depth filters or surface filters. Depth filters trap particles in the thickness of the matrix. Depth filtration is used when flow and load capacities are high. Depth filters are free of binders or contain binders. In the case of binders containing depth filters, materials such as acrylic resin are used, and for depth filters without binder, quartz or borosilicate microfibers are used. Depth filters have higher flow rates and load capacities than membrane filters. The combination of high load capacity and fast filtration makes depth filtration the common choice for high volume applications.
MARKET DRIVERS
Growing adoption of single-use technologies and increasing focus on developing large molecule biopharmaceuticals are primarily driving the global depth filtration market.
Increasing applications in healthcare, medicine, and food and beverage industries are anticipated to drive the market growth during the forecast period. Significant advantages, including low cost and ease of use, are expected to drive the development of the industry.
The increasing demand for clean and high-quality filter products in the pharmaceutical and biopharmaceutical industry is anticipated to drive the market during the forecast period. Significant advantages such as low cost and ease of use of products are expected to grow the market from 2020 to 2025. Depth filtration services have several advantages in water, food, and water filtration industries drinks and treatments, medical and purification of raw materials. The increasing research and development activities carried out by companies are anticipated to drive the market during the forecast period. In March 2019, Merck released the Milli-Q IQ 7000, the seventh generation Milli-Q water purification technology that delivers ultra-pure water to scientists in laboratories.
The developing adoption of depth filtration in the pharmaceutical and biotechnology industries is the main factor in a considerable market share. The pharmaceutical sector requires different filtration methods, depending on the type of chemical solution used. Sintered and ceramic filter filters are the depth filters commonly used in this industry. It is further anticipated that the continuous advancement of the filtration market will drive the growth of the market segment. Besides, several of the benefits offered by these filters, such as low cost and easy to use features, further drive market growth. However, the low capacity of depth filters for high-density collection and the strict regulation of the filtration process using depth filters restrict the market. However, the rising call for depth filters in the bioprocess industry, specifically in single-use technology, extends a lucrative opportunity for the market.
MARKET RESTRAINTS
The low capacity of depth filters for high-density collection and the strict regulation of the filtration process using depth filters restrict the market. Stringent government regulations for biotechnology research and development could hamper market growth. For example, until regulatory approval, new therapies undergo comprehensive preclinical trials. These trails are long, expensive, and full of complex experiences. Besides, the low capacity depth filtration used for high-density collection acts as an unfavorable condition. These factors are anticipated to cause lower demand in the global market for depth filtration.
REPORT COVERAGE:
|
REPORT METRIC |
DETAILS |
|
Market Size Available |
2019 to 2025 |
|
Base Year |
2019 |
|
Forecast Period |
2020 to 2025 |
|
Segments Covered |
By Media Type, Product, Application and Region |
|
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, Drivers, Restraints, Opportunities, Challenges, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
|
Regions Covered |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
This report on the global depth filtration market is segmented and sub-segmented into Media Type, Product Type, and Application Type.
Depth Filtration Market - By Media Type
The diatomaceous earth segment is expected to hold the largest market share of the depth filtration market over the forecast period based on the media type. At the same time, it is also estimated to display the highest growth rate during the forecast period.
Depth Filtration Market -By Product Type
Based on the Product type, the capsule filters segment is regarded as the quickest growing with a CAGR value of 13.2% during the forecast period.
Based on the product type analysis, the capsule filters segment is observed to showcase a CAGR value of 13.2% over the forecast period. The high dirt holding capacity majorly drives the growth of this segment, and the extended service life of the products supports in decreasing labor costs by reducing filter change-out frequency.
Depth Filtration Market -By Application Type
The final product processing segment is predicted to dominate the depth filtration market throughout the forecast period based on the application. The growth of this segment is attributed due to the enlargement of generic production and the demand for high-quality final products. Of this segment, the sub-segment small molecules processing is the highest of the share. The growth of these small molecules processing growth is due to the requirement for purity in API production and their formulation.
Depth Filtration Market – By Region
Regionally, North America is anticipated to maintain a significant market share in the global depth filtration market due to the rising number of pharmaceutical and biotechnology companies, growing concerns about purification, quality, contaminant protection, and safety growth of water filtration, filtration, food, and beverage, and raw materials purification products. According to the Pharmaceutical Research and Manufacturers Association (PhRMA), companies in the United States conduct more than half of the research and development (R&D) in the pharmaceutical sector, making this region a leader in pharmaceutical R&D. Therefore, it results in the growth of in-depth filtration, as these processes are crucial in the pharmaceutical industry, as well as in food and beverage, water purification and many others, which stimulates more the general market of this region.
Growing concerns about quality assurance, uniform color, and protection from contaminants in the beverage industry are anticipated to drive demand for filtration products. Countries like France, Italy, Germany, and the UK are the major manufacturers of automotive and transportation products due to the use of fuel filters.
Asia-Pacific is anticipated to be the fastest-growing market, due to the growing importance of filtered drinking water, especially in developing countries like India and China. Growing demand from developing and emerging countries such as India, China, Indonesia, and Malaysia are anticipated to boost its market. Rising per capita income, the rapid expansion of the food and beverage industry, and the development of wastewater treatment plants are the major factors driving the depth filtration market in the Asia-Pacific region. Developing countries in the area such as China, India, Australia, Singapore, and South Korea are anticipated to be the product markets for deep filtration. The considerable increase in outsourcing services offered by different biopharmaceutical and pharmaceutical companies in these countries is a prime factor responsible for the strong market growth in the region. Besides, the entry of large biopharmaceutical companies into the region is anticipated to provide exceptional opportunities for the healthy development of the regional market.
Latin America is estimated to have a steady growth over the forecast period. In countries like Mexico and Brazil, the increase is due to the accessibility of large workspace and the growing demand for quality products of these existing countries. It offers ample opportunities for manufacturers of this region's depth filters.
The Middle East & Africa region has prolonged the growth of the depth filtration market from 2020 to 2025. Countries like Israel and South Africa have tremendous capability and perspective for large companies for their enlargement. Also, the accessibility of technological advancements is accelerating the market.
TOP COMPANIES IN THE MARKET
Major companies playing a leading role in the global depth filtration market profiled in the report are Merck KGaA, 3M Company, Alfa Laval, Filtteck Co., Ltd, Pall Corporation, Donaldson Company, Sartorius Stedim Biotech S.A., Ahlstrom Corporation, and Eaton Corporation.
RECENT MARKET DEVELOPMENTS
On February 19, 2019, Parker Bioscience filtration of the UK, a part of Parker Hannifin, has opened its new testing center at Birtley UK. The SciLog Suite offers the patients the opportunity to test and optimize with the production process. It is a semi-automated single-use bioprocessing system for tangential filtration.
On March 06, 2017, Merck Company introduced a new lab water purification technology on its 50th anniversary, a MilliQ- IQ 7000 system. The technology is designed with purification cartridges, mercury-free UV lamps, and this system is quick and easy access for information.
Pall Corporation has introduced its new SUPRApak in-depth filtration that uses a flow configuration technology known as “edge flow.” The new technology helps to restore the conventional plate and frame filters with a unique matrix.
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Media Type
5.1.1 Introduction
5.1.2 Diatomaceous Earth
5.1.3 Activated Carbon
5.1.4 Cellulose
5.1.5 Perlite
5.1.6 Y-o-Y Growth Analysis, By Media Type
5.1.7 Market Attractiveness Analysis, By Media Type
5.1.8 Market Share Analysis, By Media Type
5.2 Product
5.2.1 Introduction
5.2.2 Cartridge Filters
5.2.3 Capsule Filter
5.2.4 Filter Modules
5.2.5 Filter Sheets
5.2.6 Other Products
5.2.7 Y-o-Y Growth Analysis, By Product
5.2.8 Market Attractiveness Analysis, By Product
5.2.9 Market Share Analysis, By Product
5.3 Application
5.3.1 Introduction
5.3.2 Final Product Processing
5.3.2.1 Small Molecule Processing
5.3.2.2 Biologics Processing
5.3.3 Cell clarification
5.3.4 Raw Material Filtration
5.3.4.1 Media and Buffer Filtration
5.3.4.2 Bioburden Reduction
5.3.5 Other Applications
5.3.6 Y-o-Y Growth Analysis, By Application
5.3.7 Market Attractiveness Analysis, By Application
5.3.8 Market Share Analysis, By Application
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Media Type
6.1.3.3 By Product
6.1.3.4 By Application
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Media Type
6.1.4.3 By Product
6.1.4.4 By Application
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Media Type
6.1.5.3 By Product
6.1.5.4 By Application
6.2 North America
6.2.1 Introduction
6.2.2 United States
6.2.3 Canada
6.3 Europe
6.3.1 Introduction
6.3.2 U.K
6.3.3 Spain
6.3.4 Germany
6.3.5 Italy
6.3.6 France
6.4 Asia-Pacific
6.4.1 Introduction
6.4.2 China
6.4.3 India
6.4.4 Japan
6.4.5 Australia
6.4.6 South Korea
6.5 Latin America
6.5.1 Introduction
6.5.2 Brazil
6.5.3 Argentina
6.5.4 Mexico
6.5.5 Rest of Latin America
6.6 Middle East & Africa
6.6.1 Introduction
6.6.2 Middle-East
6.6.3 Africa
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Merck KGaA
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 3M Company
8.3 Alfa Laval
8.4 Filtteck Co., Ltd.
8.5Pall Corporation
8.6 Donaldson Company
8.7 Sartorius Stedim Biotech S.A.
8.8 Ahlstrom Corporation
8.9 Eaton Corporation
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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