Melt-Blown Polypropylene Filters Market Size, Share & Trends Analysis Report By Media (Air, Liquid), By Application (Water & Wastewater, Chemicals, F&B), By Region (APAC, MEA, North America), And Segment Forecasts, 2019 - 2025

Industry Insights

The global melt-blown polypropylene filters market size was valued at USD 1.47 billion in 2017 and is expected to register a CAGR of 8.3% over the forecast period. Increasing product popularity in the water and wastewater treatment industry is anticipated to drive the global market. As per the American Society of Civil Engineers (ASCE) infrastructure report published in 2017, a centralized wastewater treatment system in the U.S. requires an investment of nearly USD 105 billion by 2032.

Thus, rising investment opportunities in the sector are also expected to have a positive impact on the product demand in the years to come. In addition, rising awareness levels about high-efficiency filtration procedures among major food and beverages (F&B) manufacturers across the globe are estimated to impel market growth. Melt-blown polypropylene filters are used in the F&B segment for the processing of fruit juices and soft drinks to ensure product purity.

These filters also find applications in the oil and gas sector. They are used for the refining procedures of crude oil. As per the data published by International Energy Agency (IEA) in 2017, oil production around the globe is likely to increase in the next few years. The data also stated that the Middle East region is expected to observe a significant rise in its crude oil refining capacity.

Nearly 7 million barrels a day of extra refining capacity is likely to come online by 2023. The Organization of the Petroleum Exporting Countries (OPEC) is also expected to add a capacity of nearly 750,000 barrels a day by 2023. Therefore, escalating demand for refining processes in the oil and gas sector as a result of rising production of crude oil is likely to remain a key factor augmenting the market growth.

Media Insights

The liquid media segment led the global market in 2017 accounting for nearly 79.1% of the global revenue share. The distinct quality of the product to retain solid particles is expected to drive its demand in the F&B sector. The air media segment accounted for a considerable share of the global market in 2017. The transportation and HVAC sector is likely to drive the segment over the forecast period. The global HVAC sector observed growth of nearly USD 29.0 billion from 2010 to 2016.

Application Insights

In 2017, the water and wastewater sector led the global industry and accounted for a significant share of the global revenue. The segment is likely to witness rapid growth, especially in developing countries like India, China, South Africa, etc. Thus, steady growth in the water and wastewater sector is likely to boost the product demand in the next few years.

Food & beverage sector is likely to capture 23.8% of the global market share by 2025. Rising awareness among consumers about techniques, such as High-Pressure Processing (HPP), is driving the industry’s growth. HPP is a food processing technique, which requires filters and other media to improve the overall quality of solid or liquid food products.

Thus, the rising popularity of HPP in the F&B sector is likely to contribute to market growth in the future. The chemical sector is also said to have considerable growth. Countries, such as Japan and China, are the potential markets for the chemical application segment. However, slow growth is likely to be observed in the North America and Europe regions.

As per the statistics published by the European Chemical Industry Council in 2016, the European Union's share in the global chemical sector declined from 32.5% in 1996 to 15.1% in 2016. Despite this slowdown, the global chemical sector observed a healthy growth from 2015 to 2016 with the majority of the demand catered by China and Japan. The pharmaceutical sector is anticipated to account for 11.5% of the global revenue by 2025.

The segment growth is largely driven by the healthcare sector of emerging countries, such as India, Indonesia, and Malaysia. The oil and gas sector is also likely to witness significant development on account of rising product demand in the crude oil refining process. The U.S. Energy Information Administration (EIA) had stated that the crude oil production capacity of the U.S. will overtake Saudi Arabia and Russia by the end of 2018 and will reach 11 million barrels per day.

Regional Insights

In terms of revenue, Asia Pacific was the largest regional market and accounted for 34.5% of the global market revenue in 2017. Increasing investments in the regional water and wastewater treatment industry due to rising demand for freshwater is likely to boost product demand. North America is likely to observe slow growth over the forecast period. The region is expected to account for nearly 26.6% of the global revenue by 2025. The oil and gas sector of the region is likely to carter steady demand for the product over the forecast period.

Moreover, rebounding upstream oil and gas investment, especially in the U.S. is likely to drive the sector’s growth. In 2017, the IEA estimated that the U.S. upstream oil and gas sector will witness an annual growth of nearly 53.0%. The Europe region also accounted for a considerable share of the global revenue in 2017. However, slow growth in the chemical and pharmaceutical sector may restrain the market development in the future.

Thus, the region’s growth is largely dependent on the key countries, such as Germany and U.K. The Middle East and Africa region accounted for 4.1% of the global revenue in 2017 and is anticipated to register a healthy CAGR during the estimated period. Increasing investments in water desalination projects are likely to drive product growth in the region. Mel-blown polypropylene filter is a key component in the assembly of water desalination equipment.

Melt-Blown Polypropylene Filters Market Share Insights

Major industry participants are concentrating on developing superior filter membranes to achieve greater yield. Companies are providing customized products to gain a major market share. They are also aiming at reducing labor costs by implementing real-time job optimization and inventory management to improve productivity. M&A is another marketing strategy adopted by most of the key industry participants.

For instance, in 2016, Suez acquired the water division segment of General Electric to strengthen its presence in the global water filtration sector. Some of the key companies in the market include Parker Hannifin Corporation, The 3M Company, Pall Corp., Eaton Corp., Lenntech B.V., Borealis AG, Suez SA, United Filters International (UFI), Brother Filtration Equipment Co. Ltd., Clack Corp., and Trinity Filtration Technologies Pvt. Ltd.

Report Scope

Segments Covered in the Report

This report forecasts revenue and volume growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global melt-blown polypropylene filters market report on the basis of media, application, and region:

• Media Outlook (Revenue, USD Million, 2014 - 2025)

  • Liquid

  • Air

• Application Outlook (Revenue, USD Million, 2014 - 2025)

  • Food & beverages

  • Water & wastewater

  • Chemical

  • Pharmaceuticals

  • Oil & Gas

  • Others

• Regional Outlook (Revenue, USD Million, 2014 - 2025)

  • North America

    • U.S.

    • Canada

  • Europe

    • Germany

    • U.K.

  • Asia Pacific

    • China

    • Japan

    • India

  • CSA

    • Brazil

  • MEA