11 September 2019
Visiongain’s new report the Melt-Blown Polypropylene Filters Market Report 2019-2029: Forecasts by Product (Liquid, Air), by Application (Food & Beverages, Water & Wastewater, Chemical, Pharmaceutical, Oil & Gas, Others), by Region and Analysis of Leading Companies indicates that the Global Melt-Blown Polypropylene Filters Market was valued at $1.6 billion by 2029
Increasing product popularity is expected to drive the worldwide market in the water and wastewater treatment sector. According to the 2017 report on infrastructure published by the American Society of Civil Engineers (ASCE), U.S. centralized wastewater treatment requires an investment of more than USD 100 billion by 2032.
It is also anticipated that increasing investment possibilities in the industry will have a positive effect on product supply in the coming years. In addition, increasing awareness among significant food and beverage (F&B) producers around the world about high-efficiency filtration processes is projected to boost market development. Melt-blown polypropylene filters are used in F&B segment for the processing of fruit juices and soft drinks to ensure the product purity.
In 2019, the liquid media segment resulted the worldwide market representing more than 70% of the worldwide income share. It is anticipated that the product's separate quality to maintain strong particles will drive its demand in the F&B industry. In 2017, the segment of air media accounts for a significant share of the worldwide market. Transportation and HVAC sector is likely to drive the segment over the forecast period. The global HVAC sector observed a growth of nearly USD 30.0 billion from 2011 to 2018.
Increasing HPP popularity in the F&B industry is therefore likely to contribute to future market development. It is also said that the chemical industry is growing considerably. Countries like Japan and China are future markets for the segment of chemical applications. Slow growth, however, is probable to occur in the areas of North America and Europe.
As per the statistics published by the European Chemical Industry Council in 2018, European Union share in the global chemical sector declined from 32.5% in 1996 to less than 15% in 2018. Despite this slowdown, the global chemical sector observed a healthy growth from 2015 to 2018 with majority of the demand catered by China and Japan.
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