Global Quantitative and Qualitative Filter Market 2016-2020

Overview of the global quantitative and qualitative filter market

Technavio’s market research analyst predicts that the global quantitative and qualitative filter market will grow moderately at a CAGR of around 4% during the forecast period. Much of this growth can be attributed to the recent increase in R&D spending, which is expected to increase over the next five years. Also, the recent increase in the number of sub-contract laboratories will help to fuel the prospects for growth in this market during the predicted period.

A major challenge that is expected to hamper market growth is the limited scope for product innovation. The absence of any USP is also expected to act as a challenge for the market. However, eminent factors such as the advent of different varieties of filter papers and the growing demand from developing countries will help to bolster the prospects for growth in this market until the end of 2020.

Segmentation by product and analysis of the quantitative and qualitative filter market

• Quantitative filter
• Qualitative filter

In 2015, the quantitative filter segment accounted for around 68% of the total market share and is envisaged to retain its dominating hold over the market by 2020 owing to its high market growth rate. The quantitative filter segment’s high growth potential can be attributed to its large customer base and its wide application field.

End-user segmentation of the quantitative and qualitative filter market

• Pharmaceutical
• Food and beverage
• Academia

The global quantitative and qualitative filter market was dominated by the pharmaceutical sector, which accounted for around 23% of the overall market revenue in 2015. The widespread applicability of qualitative and quantitative filters in the pharmaceutical sector for the manufacture of various drugs will result in this segment’s high growth potential during the forecast period.

Competitive landscape and key vendors

The global quantitative and qualitative filter market is primarily dominated by large players, which account for a significant market share during the forecast period. The large vendors in this market have a strong global presence, with support centers or branches spread throughout the globe.

Key vendors in the market are -

• Ahlstrom
• GE
• Sartorius
• Thomas Scientific
• Thermo Fisher Scientific.

Other prominent vendors in the market include Carolina Biological Supply, EISCO, Microclar, Omicron Scientific, Qorpak, SEOH, SP Industries, Roshi Kaisha, United Scientific, and VWR.

Key questions answered in the report

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global quantitative and qualitative filter market?
• What are the key market trends impacting the growth of the global quantitative and qualitative filter market?
• What are the various opportunities and threats faced by the global quantitative and qualitative filter market?
• What are the trending factors influencing the market shares of EMEA, APAC, and the Americas?
• Key outcome of the five forces analysis on the global quantitative and qualitative filter market?

Technavio also offers customization on reports based on specific client requirement.

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