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Non-Woven Filter Media Market | Emerging Vendors, Emerging Trends, Revenue, Consumptions, Industry Analysis 2023

Global Nonwoven Filter Media Market Research Report - by Product, Type, Technology (Spunbound, Meltblown, Wetlaid, Needlepunch), Application (Transport, Water Filtration, HVAC, Food & Beverage, Manufacture, Pharmaceutical), Region - Forecast till 2023
Published 09 March 2018
Industry/ Innovation/ Related News:
December 8, 2017- 3M, the U.S. based technology innovation company, entered into agreement with KUKA Robotics Co., Ltd. and FERROBOTICS Co., Ltd. of Germany and unveiled the joint polishing station with the theme of "technological innovation and power-making" at 3M Shanghai R & D Centre. The leaders of the tripartite parties aspire to jointly build the first joint polishing mill in Asia and join forces to focus on the technological innovation and research and development of the grinding process and promote the revolutionary development in the grinding field.
April 20, 2017- The government of India have plans to promote use of technical textiles in the country with the textile ministry already having discussions on the subject with ministries of agriculture, urban development, health, and surface transport. The ministry plans to soon have meetings with other crucial ministries such as defence, railways, and heavy industries. This favouring conditions on part of government is anticipated to propel growth of the market in this region during the years to follow.
October 12, 2017- The U.S. based global chemicals manufacturer and exporter, Huntsman Corporation launches a new inks for color-fast technical textiles scope of responsive inks that deliver exceptional light-and weather-fastness for digital printing of polyester strands. TERATOP® XKS HL inks are designed to enable mills to produce technical textiles with the most astounding colour -fastness performance for the automotive, outdoor furnishings and home textiles industries.
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November 22, 2017- China based Hismer Bio-Tech expressed its plans to manufacture biomass fibre from an exceptionally irregular source: shrimp and crab shells. The raw material used for this purpose is around 10,000 metric tonnes of the shell waste, which is procured from from seafood preparing organizations in China's ports of Qingdao, Yantai, Dalian and Ningbo a year for the generation of somewhere in the range of 6,000 tons of biomass fibre. It has turned into the world's biggest marine renewable manufacturer.

Further Key Findings from the Report:
Market Research Future concludes that over the past few years, the Global Nonwoven Filter Media Market has witnessed a healthy growth and as per the analysis, the market is likely to continue growing over the forecast period. The market growth is attributed towards the continuously increasing growth of the application segment such as transportation, water filtration, HVAC, food & beverages, manufacturing, pharmaceutical, refining, mining, and homecare, among the others. Global Nonwoven Filter Media Market is projected to reach USD 7206.8 million by 2023 at a CAGR of 7.01% during the review period 2017-2023. The transportation segment is anticipated to retain its dominance over the forecast period to reach USD1593.5 million by 2023 end due to growing demand for nonwoven filter media in automotive filtration such as engine air, cabin air, and oil and fuel. The water filtration is the second largest application segment for Nonwoven Filter Media and was accounted for 20.0% market share of the global market in 2016.
Regional Analysis
North America region is expected to maintain its dominance in the global market of Non-Woven Filter Media. Along with this emerging markets of China, Japan and India are expected to boost the Asia Pacific Non-Woven Filter Media Market. Other emerging regions in this market are, Europe and Middle East countries. Asia Pacific has the largest market share in the Global Non-Woven Filter Media, followed by Europe and other parts of the world.  
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