Nonwoven Filter Media: Technologies and Global Markets
The global market value for nonwoven filter media was estimated at nearly $3.5 billion in 2012 and is projected to increase to $3.7 billion in 2013 and $5.3 billion by 2018 after increasing at a five-year compound annual growth rate (CAGR) of 7.3%.
- An overview of recent advances in nonwoven filter media manufacturing, its commercial applications, and global markets; for the purposes of this report, the materials will include filter media manufactured by airlaid, wetlaid, spunbonding, meltblowing, and apertured films extrusion.
- Analyses of global market trends, with data from 2005, 2010 and 2012, estimates for 2013 and 2018, and projections of compound annual growth rates (CAGRs) through 2018.
- Descriptions of the major types of manufacturing processes.
- Examination of filtration processes and key physical and chemical properties of raw materials.
- Discussion of market-driving forces and industry structure.
This report covers the technological, economic, and business considerations of the nonwoven filter media industry with analyses and forecasts provided for global markets. Included in the report are descriptions of market forces relevant to the nonwoven filter media industry and their areas of application.
Global markets are presented by type of nonwoven filter media along with growth forecasts through 2018. Estimates on sales value are based on the price in the supply chain at which the media are procured by filter fabricators or filtration system manufacturers.
Market-driving forces and industry structure are examined. International aspects are analyzed for all world regions and types of nonwoven filter media. Brief profiles of major global manufacturers are presented.
During the past 16 years, Susan Hanft has authored more than 50 market research reports for BCC Research in the fields of membrane technology, water and wastewater treatment, and separations used in food and beverage manufacture, medicine, and biotechnology.
The global market for nonwoven filter media is projected to experience a 7% compound annual growth rate (CAGR) over the next 5 years, increasing from a value of $2.5 billion in 2010 to $3.5 billion in 2015.
The North American market for nonwoven filter media was worth $588 million in 2005 and will be $617 million by the end of 2006. In 2007 this figure will grow to approximately $639 million and at an average annual growth rate (AAGR) of 4.4% will reach $792 million by 2012.
The market is broken down into several different manufactured categories, including air-laid, wet-laid, spunbonded, meltblown, and apertured film. Of these sectors, spunbonded material maintains more than 30% of the market throughout the forecast period-the highest of share of the market.
Meltblown material will be worth $181 million in 2007 and will grow at an AAGR of 4.9% to $230 million in 2012. Meltblown material has the highest growth rate of the material types and will hold 29% of the market share by 2012.
A 5.2% average annual growth rate (AAGR) is forecasted for the nonwoven filter media over the next five years, resulting in a $725 million market in 2007.
The market size for airlaid filter media is estimated to be $42 million in 2002. Though it is a relatively mature filter media production technology, it is expected to grow to $55 million at an average annual rate of 5.5% during the forecast period.
Liquid filtration applications consume a majority of the wetlaid filter media manufactured in North America in 2002. The present market size for wetlaid filter media is estimated to be $125 million.
Sales of spunbonded filter media will be $183 million and account for more than one-third of overall nonwoven filter media markets.