“U.S. centralized wastewater treatment requires an investment of more than USD 100 billion by 2032”, says Visiongain
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.
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to firstname.lastname@example.org or call her on +44 (0) 207 336 6100.
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.
Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.
Visiongain Publishes Activated Carbon Market Report 2023-2033
The global Activated Carbon market was valued at US$4,888 million in 2022 and is projected to grow at a CAGR of 5.0% during the forecast period 2023-2033.
03 March 2023
Visiongain Publishes Lubricants Market Report 2023-2033
The global Lubricant market was valued at US$133 billion in 2022 and is projected to grow at a CAGR of 3.3% during the forecast period 2023-2033.
15 February 2023
Visiongain Publishes China Antiscalants Market Report to 2031
The growth of the industry will increase over the next few years, as expansion of different fields of application such as energy and coal gasification.
06 August 2021
Visiongain Publishes Chemical Tanker Shipping Market Report to 2031
Increased demand for vegetable oil and fat is also projected during the forecast period to boost the growth of the chemical tanker market.