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Self-Cleaning Filters Market is estimated to be USD 5.03 Billion in 2017, and is projected to reach USD 7.18 Billion by 2022, at a CAGR of 7.4% from 2017 to 2022.
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www.marketsandmarkets.com Self-Cleaning Filters Market worth 7.18 Billion USD by 2022 The self-cleaning filters market is projected to reach 7.18 billion by 2022, at a CAGR of 7.4% from 2017 to 2022. This growth is mainly attributed to the increased demand for self-cleaning filters from various end-use industries. The self-cleaning filters are increasingly preferred by various industries, as they help save energy, ensure automatic backwashing, increase lifespan of filters, reduce shutdowns, and ensure effortless management of high-level contamination, thereby accelerating the production output. Key companies operating in the self-cleaning filters market include Eaton Corporation plc (Ireland), Parker Hannifin Corporation (U.S.), Alfa Laval AG (Sweden), Amiad Water Systems Ltd. (Israel), 3M Company (U.S.), Baleen Filters Pty. Ltd. (Australia), The Dow Chemical Company (U.S.), Oxford Filtration Limited (U.K.), Pall Corporation (U.S.), Cummins, Inc. (U.S.), HYDAC Filter System GmbH (Germany), JUDO Water Treatment GmbH (Germany), VAF Filtration Systems (U.S.), Morrill Industries, Inc. (U.S.), SCAM Filters (Filters), Forsta Filters, Inc. (U.S.), STF Filtros (Spain), Georg Schünemann GmbH (Germany), and Orival Inc.(U.S.), among others. The report "Self-Cleaning Filters Market by Material (Stainless Steel, Carbon), End-Use Industry (Food & Beverage, Automotive, Chemical & Power, Oil & Gas, Wastewater Treatment, Marine, Agriculture Irrigation & Domestic Water), and Region - Global Forecast to 2022", The self-cleaning filters market is estimated to be USD 5.03 Billion in 2017, and is projected to reach USD 7.18 Billion by 2022, at a CAGR of 7.4% from 2017 to 2022. Browse 64 market data tables and 34 figures spread through 143 pages and in-depth TOC. Early buyers will receive 10% customization on reports. Page 1
www.marketsandmarkets.com This growth is mainly attributed to the increased demand for self-cleaning filters from various end- use industries. The self-cleaning filters are increasingly preferred by various industries, as they help save energy, ensure automatic backwashing, increase lifespan of filters, reduce shutdowns, and ensure effortless management of high-level contamination, thereby accelerating the production output. Among material type, the stainless steel segment of the self-cleaning filters market is projected to grow at the highest CAGR from 2017 to 2022. Among material type, the stainless steel segment of the self-cleaning filters market is projected to grow at the highest CAGR during the forecast period. This growth can be attributed to advantages of stainless steel such as excellent corrosion resistance in an aerated water environment and various other advantages such as durability, reliability, and chemical and high-pressure resistibility. Self-cleaning filters are widely used for wastewater treatment. Among end-use industries, the waste water treatments segment is projected to lead the self- cleaning filters market from 2017 to 2022. Self-cleaning filters are used in wastewater treatment for ammonia, phosphate, chlorine, and turbidity analysis. The use of self-cleaning filters ensures a low maintenance of the analytical equipment. The Asia-Pacific self-cleaning filters market is projected to grow at the highest CAGR during the forecast period. The Asia-Pacific region is estimated to lead the self-cleaning filters market and is expected to grow at the highest from 2017 to 2022. Increasing industrialization and infrastructural developments in the region offers growth opportunities to the self-cleaning filters market. The industrial growth in China has tremendously increased power production and consumption making it one of the most lucrative markets for self-cleaning filters. The increased investments by various governments and leading market players in the Asia-Pacific region to carry out innovations in the field of self-cleaning filters market. Eaton Corporation plc (Ireland), Parker Hannifin Corporation (U.S.), Alfa Laval AG (Sweden), Amiad Water Systems Ltd. (Israel), 3M Company (U.S.), Baleen Filters Pty. Ltd. (Australia), The Dow Chemical Company (U.S.), Oxford Filtration Limited (U.K.), Pall Corporation (U.S.), Cummins, Inc. (U.S.), HYDAC Filter System GmbH (Germany), JUDO Water Treatment GmbH (Germany), VAF Filtration Systems (U.S.), Morrill Industries, Inc. (U.S.), SCAM Filters (Filters), Forsta Filters, Inc. (U.S.), STF Filtros (Spain), Georg Schünemann GmbH (Germany), and Orival Inc.(U.S.), among others, are the key players operating in the market. The self-cleaning filters market is fragmented. There are a lot of medium and small size players in the market. Eaton Corporation Plc accounted for the leading position in the self-cleaning filters market between 2012 and 2016. It is focuses on new product launches as its key business strategy to ensure its growth in the self-cleaning filters market. Page 2
www.marketsandmarkets.com In September 2016, the company launched mineral-free BECOPAD® depth filter. The compact and closed design of the stacked disc cartridge can provide large filter area in a small space and allows easy handling, as well as easy sterilization and cleaning. This has helped the company enhance its product portfolio for self-cleaning filters Amiad Water Systems Ltd. focuses on expansions and agreements to strengthen its position in the self-cleaning filters market. In November 2015, Amiad Water Systems Ltd. (Israel) and Netafim (Israel) signed an exclusive distribution agreement. According to this agreement, Netafim is marketing Arkal product line of Amiad for the irrigation market in numerous countries outside Israel. This helped the company expand its reach to different geographic locations. In September 2015, Amiad Water Systems Ltd. (Israel) established a wholly-owned subsidiary in the U.K., which operates from Swansea, Wale. This is the company’s first permanent base in the U.K. This expansion enabled Amiad Water Systems Ltd. to expand its presence to different geographic locations to increase its revenue. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road, Suite 430, Northbrook, IL 60062 USA: 1-888-600-6441, sales@marketsandmarkets.com Page 3