Global nonwoven filter media market: $4 billion industry by 2016

Press release   •   May 01, 2013 14:48 BST

The Global Nonwoven Filter Media market is to reach US$3.88 billion by 2016. One of the key factors contributing to this market growth is the emerging demand from developing countries. The Global Nonwoven Filter Media market has also been witnessing development of next-generation nonwoven filter media. However, regulatory standards and guidelines could pose a challenge to the growth of this market.

The Global Nonwoven Filter Media market is witnessing the emergence of technological advancements. Many vendors are investing heavily in R&D activities to develop advanced and next-generation nonwoven filter media products and consumables. For instance, the emergence of nanotechnology is leading to the development of nanofiber materials for nonwoven filters. Similarly, bi-component fibers, pleated ceramic materials, and surface-modified fibers are some of the other recent developments in the Global Nonwoven Filter Media market. Thus, vendors are developing next-generation nonwoven filter media to gain an edge over their competitors in this market.

One of the major growth drivers in the market is the emerging demand from developing countries. Increasing urbanization is one of the major drivers of the growth of the market in developing countries. The vendors are experiencing huge demand for nonwoven filter products, especially from countries in the APAC region.

Key vendors dominating this market space include Freudenberg & Co. KG, Ahlstrom Corp., and Clarcor Corp.

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