Global Ceramic Filters Market 2016-2020

Outlook of the global ceramic filters market

According to the research analyst at Technavio, the global ceramic filters market will grow at a steady pace and post an impressive CAGR of around 12% by 2020. One of the prime factors that will help the growth of the market will be the higher use of ceramic form filters in molten alloy processes. Applications of filters will be an integral part of the metal casting process and provides advantages in the final product filtration, foundry customers, and to the plant. Various fabricated ceramic foam filters will be used in the industry due to their low destiny, high thermal shock resistance, and adequate strength. Furthermore, efforts to construct new ceramic filters for aluminium alloy will be implemented to advance the filters and boost usage in the market. Some of the different types of filters available in the market are pyropore ceramic foam filters, partially stabilized zirconia ceramic filters, and silicon carbide filters.

Analysts predict that the ceramic filter market will grow significantly in APAC and will post a CAGR of around 13% by 2020. Emerging economies like India and China will drive the consumption of ceramic filters due to increasing activities in the energy, oil, commercial and industrial sectors. The availability of various cheap stock resources such as calcium, silica, alumina, and magnesium will urge many global players to invest in this region. The petrochemical segment will be the primary consumer of ceramic filters in this region during the forecast period.

Competitive landscape and key vendors

There are a number of established vendors that dominate the ceramic filters market. The presence of strict entry barriers prevents new players from entering the market since most vendors have access to limited manufacturing technologies. Existing vendors in this market have an upper hand due to the ownership of technologies, R&D capabilities, economic scale, and a leveled downstream integration process.

Leading vendors in the market are -

• Corning
• Pall
• Unifrax
• Veolia

Other prominent vendors in the market are Aquacera, Doulton, and Tri-Mer.

Segmentation by type and analysis of the ceramic filters market

• Water filters
• Air filters

During 2015, water filters dominated the market by accounting for approximately 55% of the total market share, and the analyst predicts that this segment’s dominance will continue during the forecast as well. Factors such as increasing levels of toxins and pollutants in domestic water bodies and groundwater contamination will increase the demand for water filters. Ceramic filters are gaining popularity in emerging economies due to the rising demand from consumers for quality drinking and clean general purpose water.

Segmentation by application and analysis of the ceramic filters market

• Residential
• Commercial
• Industrial

Analysts at Technavio predict that the market for residential ceramic filters will grow and post a CAGR of more than 12% by 2020. Increasing incidents of waterborne diseases due to the lack of clean drinking water and high levels of ground water contaminations will be the prime reason for the growth in usage of residential ceramic filters.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global ceramic filters market?
• What are the key market trends impacting the growth of the global ceramic filters market?
• What are the challenges to market growth?
• Who are the key vendors in the global ceramic filters market?
• What are the market opportunities and threats faced by the vendors in the global ceramic filters market?
• Trending factors influencing the market shares of the APAC, Europe, North America, and ROW.
• What are the key outcomes of the five forces analysis of the global ceramic filters market?

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

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