DEPTH FILTRATION MARKET GLOBAL INDUSTRY ANALYSIS, TRENDS, MARKET SIZE AND FORECASTS UP TO 2023
Depth Filtration Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
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Depth Filtration Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Introduction Report Description
The Global Depth Filtration Market was sized near USD X.X billion in 2016. The global depth filtration market is projected to grow with a CAGR of 12.3% during 2017-2023. Depth filtration is a process of removing suspended particles from the fluid through the thickness of the medium. The depth filtration technology is widely being used across industries for extraction of solid materials from the liquids. This technology is commercially used in the application sectors such as essential oils extraction, plasma filtration, transformer oil filtration and water removal among others. Depth filtration systems are made up of the depth filter media and are used in wide industrial applications such as chemicals and fine chemicals, cosmetics, pharmaceuticals, food and beverages and biotechnology among others. The depth filtration technology is increasingly used in the healthcare segment, which in turn is projected to augment the market size of depth filtration in the world market. This report estimates the market size of depth filtration market in terms of value (USD million) over the period of 2015 to 2023.The year 2015 is considered to be a base year, and 2017 to 2023 is considered to be a forecast period. Moreover, the market sizes for depth filtration market in numerous application is estimated in terms of value. This market research study provides detailed qualitative and quantitative analysis of the global depth filtration market. Additionally, the report provides a comprehensive review of the major market drivers, restraints, opportunities in the global as well as regional markets of depth filtration market. The market analysis covers major geographic regions, such as North America, Europe, Asia-Pacific and Rest of the World (RoW). The market size and forecasts are also given for these regions. Countries with major market revenues are covered for each of the region.
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Depth Filtration Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Furthermore, this report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of depth filtration market. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the global depth filtration market that will impact the demand during the forecast period. The IGR- Growth Matrix analysis provided in this report highlights key investing markets in the world. This report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly. DEPTH FILTRATION MARKET SEGMENTATION
DEPTH FILTRATION MARKET
Media
Diatomaceous Earth Activated carbon Cellulose Other materials
Product Types
Cartridge filters Capsule filters Filter modules Filter sheets Others
Applications Final Product Processing Cell Clarification Raw material filtration Others
Region
North America Europe Asia Pacific RoW
The report on global depth filtration market covers segments such as media, products type, applications. On the basis of media used for manufacturing of depth filtration market covers analysis of diatomaceous earth, activated carbon, cellulose and other materials. Diatomaceous earth segment is expected to sustain a major share in the global depth filtration market during the forecast period. On the basis of product types, the global depth © Infinium Global Research
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Depth Filtration Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
filtration market is segmented as cartridge filters, capsule filters, filter modules, filter sheets and others. The cartridge filters segment is projected to dominate the depth filtration market by product types over the forecast period. On the basis of applications, the market is segmented as final product processing, cell clarification, raw material filtration, and others. Among the applications the final product processing segment accounted for the largest market share, and this segment is projected to grow at the highest CAGR over the forecast period. Research Methodology
Infinium Global Research published reports are based on extensive primary and secondary research methods. The research begins with extensive exploration through secondary sources followed by primary research. With these research methods we were able to estimate the market size of the depth filtration market, to identify the factors that promote the growth in this market as well as the factors that hamper the growth in the market. Comprehensive primary and secondary methods helped us to identify the trends in the market and to project the opportunities that the key players may get in the coming days. Research Methodology: An Outline
Primary source of the information and data include Industry Experts/consultants Top level executives in the key market players Subject matter experts Academicians and research scholars
PRIMARY RESEARCH
Secondary sources of the information and data include Company annual reports Government/institutional publications Trade and associations journals Databases Websites and publications by research agencies Others
SECONDARY RESEARCH © Infinium Global Research
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Depth Filtration Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
RESEARCH APPROACHES- BOTTOM UP BOTTOM-UP APPROACH
Arriving at Global Market Size
Accumulation of the country level market size (value) Regional market size of depth filtration and its media, product types, applications
Market Share of Key Players
Segment revenue of the key players Country level market size by media, product types, applications (value)
Identifying key players in the depth filtration market
Accumulation of the regional/country market size (value) Global market size of media, product types, applications
Key Market Players
Arriving at Regional/Country Market Size
RESEARCH APPROACHES- TOP-DOWN Global Market
Market Segments
Determine the Regional Market Size Country Level Market Sizing
Global market size of depth filtration market Value for 2016 to 2023
% breakdown by market segments by media, product types, applications Value for 2016 and 2023
Regional market size of the depth filtration market (value) Regional market size of media, product types, applications
Country level market size of the depth filtration market in every region (value) Country level market size of media, product types, applications in every region
TOP-DOWN APPROACH
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Depth Filtration Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
The study on global depth filtration market provides deep insights into the trends and opportunities in the market for the forecast period 2017 to 2023. Moreover, the market estimates are provided in terms of revenue in USD million. Furthermore, the research covers the analysis of the various segments in the global depth filtration market. The estimates in the global depth filtration market are based on both bottom-up and top-down approaches. In the bottom-up approach the revenues of the key players are determined and added to arrive at country or regional markets size. The country market sizes added to arrive at the regional market size. Further, the market size of the regions is added to arrive at the global market size of depth filtration market. In the top-down approach the global market size is estimated based on the secondary research and historic data. Using this approach the regional market size is obtained by splitting the global number by percentage share of each region such as North America, Europe, Asia-Pacific and RoW. The regional market was then divided as per the market share of the Media. IGR- RESEARCH METHOD AND DATA TRIANGULATION SECONDARY SOURCES
Infinium's Data Bank/ Know How
Top executives of end-use industries Intermediaries
C-level executives in the leading manufacturing products of depth filtration. Product managers Sales managers Industry consultants Distributors/Suppliers
Industry Publications Government Agencies' Publications Industry news Data sources
Annual Reports Presentations Company Websites Press Releases News Articles Journals Paid Databases
Secondary Research
DATA TRIANGULATION & INFORMATION SOURCES
Company Publication
Supply Side
Primary Research
General Publications
Demand Side
PRIMARY SOURCES
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Depth Filtration Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
The market size of depth filtration is determined based on the top down approach. The market size is validated using primary interview with the participants working in some of the leading players in the depth filtration market. The primary interview participants typically includes managers and CXO level executives of the leading players in this market. The primary interviews not only help identify the market size of the depth filtration market but also identify the factors that promote the growth in the market and the factors that restrain the growth in this market. The views of primary respondents were reconciled to provide qualitative analysis of the depth filtration market. The primary respondents also help identifying top 5-10 players and their possible market share in the respective country markets and in world market. The bottom-up approach is used to validate the global market size of depth filtration. With the help of primary interviews and secondary research the market size of depth filtration is determined for each country studied, which then is added to arrive at regional market size and there by obtaining global market size. This in turn helps us to validate the market size of depth filtration in the world market. Executive Summary Global Depth Filtration Market Highlights, (USD Million)
The global depth filtration market is expected to grow at a CAGR of 12.3 % between 2017 and 2023 in terms of value. The global market for depth filtration has been growing at a substantial rate over the past few years. This trend is anticipated to continue over the forecast period. The growth in this market is primarily driven by factors such as increasing applications of depth filtration in the production of biologics and large molecules, low cost and ease of use of depth filters. However, the growth in the market is restrained by the stringent regulation by governments in validating the depth filtration process. Moreover, expiry of patents of several blockbuster biologics is projected to create more opportunities for the use of depth filtration in the manufacturing of biosimilar and other biologics. The global depth filtration market is projected to grow at a rapid pace over the second half of the forecast period. Low cost associated with the depth filtration and its ease of use is likely to replace other conventional filtration methods used in the application industries. Š Infinium Global Research
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Depth Filtration Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
The leading players in the global depth filtration market include Merck KGaA., 3M Company, Pall Corporation, Artorius Stedim Biotech S.A., Eaton Corporation, Sartorius AG, Filtrox AG, Graver Technologies, LLC, Donaldson Company, Inc., and Parker-Hannifin Corporation. GLOBAL DEPTH FILTRATION MARKET, 2015 – 2023 (USD MILLION)
2015
2016
2017
2018
2019
2020
2021
2022
2023
Value
Depth filtration market is expected to experience rapid growth globally. However, the market size in terms of value is expected to grow at a higher rate due to increasing applications of depth filtration in the production of biologics and large molecules, low cost and ease of use of depth filters. The global market size of depth filtration in terms of value was USD X.X billion in 2015. GLOBAL DEPTH FILTRATION MARKET, CAGR (USD MN) GROWTH BY REGIONS (2017 – 2023)
xxx.x xxx.x
2017 xxx.x
2023
xxx.x xxx.x
xxx.x
2017
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2023
2017
2023
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Depth Filtration Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2017 – 2023. The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia and among others. Moreover, European region covers countries such as Germany, UK, France, Spain, and rest of Europe. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2017 - 2023.
Market Overview & Competitiveness Introduction
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DRO stands for drivers, restraints and opportunities. The DRO analysis involves, identifying the factors that are likely to have impact on the global depth filtration market. It covers analysis of short term and long term impact of drivers and restraints. Through this analysis both short term and long term opportunities are identified. These opportunities present the investment options and new markets for the market players in the depth filtration market. Drivers refer to the factors that are expected to drive or boost the market size or demand for depth filtration. The analysis involves identification of both demand side and supply side Š Infinium Global Research
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Depth Filtration Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
factors that drive the demand as well as environmental factor that favor the market conditions for growth of depth filtration market both in short run and long run. DRIVERS OF DEPTH FILTRATION MARKET, IMPACT ANALYSIS SHORT TERM IMPACT
DRIVERS
MID TERM IMPACT
LONG TERM IMPACT
Driver 1 Driver 2 Driver 3
HIGH
MEDIUM
LOW
RESTRAINTS OF DEPTH FILTRATION MARKET, IMPACT ANALYSIS SHORT TERM IMPACT
RESTRAINTS
MID TERM IMPACT
LONG TERM IMPACT
Restraint 1
Restraint 2
HIGH
MEDIUM
LOW
IGR- Growth Matrix Analysis
Growth matrix developed by Infinium Global Research, also known as IGR-Growth Matrix helps understand the market situation of the business segments. It helps identify the most attractive segment for the investment purpose and helps the companies to make better decisions in strategy making. The IGR- Growth Matrix presents the zones that define the position of the product segment and Device segment or region based on the market size,
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Depth Filtration Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
growth anticipated and the growth factors & historic growth. Following are the zones that IGR- Growth Matrix considers Risky Zone: Low market size and low growth rate. Investment in this segment is risky Retention Zone: High market size and low growth rate, the companies operating in this segment should retain their investments in this segment. Companies may focus on extensive marketing and advertisements Consolidation zone: High growth rate and high market size, the companies operating in the segments that have high market size and high growth should focus on consolidating their market position in these segment. Mergers and acquisitions, extensive marketing programs, and new product developments can be used as marketing strategies to consolidate the market in these segments. Opportunity Zone: High growth low market size Safe Zone: Moderate growth and moderate market size. IGR- GROWTH MATRIX ANALYSIS Growth Rate
Opportunity Zone
Consolidation Zone
High
Low
Risky Zone
Retention Zone Market Size Low
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High North America
Europe
Asia-Pacific
RoW
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Depth Filtration Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
GLOBAL DEPTH FILTRATION MARKET BY MEDIA, 2016 - 2023 (REVENUE % SHARE)
2023
2016
Diatomaceous Earth
Activated carbon
Cellulose
Other materials
GLOBAL DEPTH FILTRATION MARKET BY MEDIA, 2015 - 2023 (USD MILLION)
2015
2016 Diatomaceous Earth
© Infinium Global Research
2017 Activated carbon
Cellulose
2023
Other materials
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Depth Filtration Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
GLOBAL DIATOMACEOUS EARTH MARKET BY REGION, 2015 - 2023 (USD MILLION)
2015
2016 North America
2017 Europe
Asia-Pacific
2023
RoW
GLOBAL ACTIVATED CARBON MARKET BY REGION, 2015 - 2023 (USD MILLION)
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Depth Filtration Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
GLOBAL CELLULOSE MARKET BY REGION, 2015 - 2023 (USD MILLION)
GLOBAL OTHER MATERIALS MARKET BY REGION, 2015 - 2023 (USD MILLION)
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Depth Filtration Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
GLOBAL DEPTH FILTRATION MARKET BY REGION, 2016 - 2023 (REVENUE % SHARE)
GLOBAL DEPTH FILTRATION MARKET BY REGION, 2015 - 2023 (USD MILLION)
2015
2016 North America
2017 Europe
Asia-Pacific
2023
RoW
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Depth Filtration Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
NORTH AMERICA DEPTH FILTRATION MARKET BY MEDIA, 2015 - 2023 (USD MILLION)
2015
2016
2017
Diatomaceous Earth
Activated carbon
Cellulose
2023
Other materials
Company Profile Merck KGaA. Overview Company Snapshot Merck KGaA. CONTACT DETAILS: Address: Frankfurter Strasse 250 Darmstadt, 64293 Germany Tele: 49 6151 72 0 Website: www.merckgroup.com
KEY FEATURES: No. of Employees: more than xx No. of countries of operation: xx
SWOT ANALYSIS: STRENGHTS
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WEAKNESS
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THREATS
OPPORTUNITIES
PRODUCT PORTFOLIO: Product 1 Product 2 Product 3
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