The global nonwoven filter media market size was worth around USD 5.8 Billion in 2021 and is predicted to grow to around USD 10.0 Billion by 2030 with a compound annual growth rate (CAGR) of roughly 6.2% between 2022 and 2030.
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➤ The healthcare industry is expanding, which is expected to drive market growth.
The healthcare industry has long been associated with the use of nonwoven filter media, and the introduction of COVID-19 has only served to increase its importance. Nonwoven filter media are employed in the production of surgical masks, face masks, and respirators to provide high breathability and antibacterial support. The global nonwoven filter media market will experience growth due to the increasing demand for these essential medical supplies during the forecast period.
➤ The market’s expansion is restricted by the volatility of basic material prices.
Various raw materials, such as polyester, polypropylene, polyethylene terephthalate, polyethylene, polyamide, and polyethylene, are employed to manufacture nonwoven filters. Petroleum is the source of these basic materials, and the price of petroleum experienced an unprecedented decline during the pandemic. For example, the price of crude oil was US$54.19 per barrel in 2017 and increased to US$64.21 per barrel in 2019, according to the data from OurWorldInData.org. The price of oil decreased once more in 2020, reaching US$ 41.84 per barrel. Consequently, the nonwoven filter media industry’s expansion is impeded by the volatility of raw material prices.
➤ The transportation industry is experiencing a significant expansion, which presents a lucrative opportunity.
The transportation industry’s explosive development is being driven by the global demand for vehicle production and sales. Nonwoven filter media is extensively utilized in a diverse array of vehicles for the purpose of filtering engine air, interior air, lubricant, and fuel. The global nonwoven filter media market will experience substantial growth during the projection period due to the substantial increase in vehicle demand on a global scale. For example, the China Association of Automobile Manufacturers (CAAM) has reported that the new energy vehicles (NEVs) segment is expected to surpass all other categories in the Chinese automotive market in the years ahead.
➤ The replacement of industrial filters on an ongoing basis presents a significant obstacle.
The environmental concerns are escalating due to the frequent disposal and replacement of industrial filters, which contain toxic substances. For example, in humid environments, certain microorganisms can sustain themselves on air filters for an extended period of time in the pharmaceutical industry. Consequently, the appropriate disposal of these filters is a critical factor, as they can be detrimental to the environment. Consequently, the nonwoven filter media industry will face a significant challenge during the forecast period.
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The Global Nonwoven Filter Media Market is segmented based on product, application and region
Global Nonwoven Filter Media Market: Product Segment Analysis
● Spun Bonding
● Airlaid
● Wetlaid
● Meltblown
● Needlepunch
● Others
Global Nonwoven Filter Media Market: Application Segment Analysis
● Transportation
● Water Filtration
● HVAC
● Food and Beverages
● Healthcare
● Manufacturing
● Advanced Technology
● Hydrocarbon Processing
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The global Nonwoven Filter Media market profiles key players such as:
● FITESA
● Sandler AG
● Freudenberg Filtration Technologies SE & Co. KG
● Cummins Filtration
● Honeywell International Inc.
● Pegas Nonwovens S.A
● Kimberly-Clark Corporation
● Delstar Technologies Inc.
● Glatfelter Company
● Cerex Advanced Fabrics Inc
● Berry Global Group Inc.
● BASF SE
● Ahlstrom-Munksjo Oyj
● DuPont
● 3M
???? Recent Developments:
• Rensa Filtration, a family of air filtration businesses, acquired Custom Filter LLC, which is located in Illinois, in November 2021. Custom Filter is the foremost manufacturer of specialized HEPA and ULPA level filtration devices. Custom Filter provides comprehensive testing and validation procedures, as well as over 60 years of experience in servicing OEM, contract manufacturing, specialized, and a broad range of premium pleated filters. This acquisition enables companies to broaden their manufacturing platforms and capabilities.
• Sandler AG, a German-based nonwoven filtration company, implemented a new production line in August 2020 to optimize the production of nonwoven filter media for facial masks.
➤ The market is anticipated to be dominated by the Asia Pacific region during the forecast period.
The Asia-Pacific region holds the largest market share of the global nonwoven filter media market, with a share of over 30% in 2021. Nonwoven filters are in high demand in this region as a result of the expanding transportation and healthcare sectors. The vehicles industry is currently home to one of the busiest production lines in the region. For example, the China Association of Automobile Manufacturers reports that the number of commercial vehicle manufacturers in China increased by 35.5% month over month to 310,000 units in September 2021.
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