The global Depth Filtration Market by Media Type is poised to reach USD 2.96 Billion by 2022, at a CAGR of 11.7%
The growth in this market will majorly be driven by the increasing production of biologics and large molecules, as depth filtration plays a significant role in providing pure and quality products. Depth filters offer advantages such as low cost and ease of use; these advantages are driving their uptake in the market. However, low capacity of depth filters for high-density harvest is a key challenge in this market.
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Depth Filtration Market by Media Type
the global Depth Filtration Market by Media Type is broadly segmented by media type, product, application, and region. On the basis of product, the market is classified into cartridge filters, capsule filters, filter modules, filter sheets, and other products (such as filter papers and filter bags). The capsule filters segment is estimated to grow at the highest CAGR during the forecast period.
Furthermore, based on application, the Depth Filtration Market by Media Type is segmented into final product processing, cell clarification, raw material filtration, and other applications. The final product processing segment is further divided into small molecule processing and biologics processing.
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Global Depth Filtration Market by Media Type;
- Diatomaceous Earth
- Activated Carbon
- Cellulose
- Perlite
Geographical Analysis:
- A further breakdown of the APAC depth filtration market into China, Japan, India, and Rest of Asia-Pacific
- The further breakdown of the European depth filtration market into Germany, France, the U.K., and Rest of Europe
North America (comprising the U.S. and Canada) is expected to account for the largest share of the global depth filtration market in 2017, followed by Europe. North America is the world’s largest pharmaceutical market and a leader in biopharmaceutical research. Rising quality requirements have emphasized the need for advanced bioproduction technology in this region. Asia-Pacific is expected to grow at the highest CAGR in the forecast period. Significant investments by key market players, increasing government support, developing R&D infrastructure, and growing expertise and academic excellence are the major factors fueling the growth of the depth filtration market in the Asia-Pacific region.
Key Market Players ( Depth Filtration Market by Media Type ):
The Depth Filtration Market by Media Type is dominated by established players such as Merck KGaA (Germany), Pall Corporation (U.S.), Sartorius Stedim Biotech S.A. (France), 3M Company (U.S.), and Eaton Corporation (Ireland).
