Filtration paper, also known as filter paper, is a specialized type of paper designed for use in various filtration processes. It is widely utilized in laboratories, industrial settings, and other applications where the separation of solids from liquids or gases is essential.
In 2022, the global filtration paper market is poised to achieve a valuation of US$ 2.3 Billion, and it is anticipated to maintain a consistent growth trajectory, with a projected 4.6% CAGR, culminating in a market worth US$ 3.6 Billion by 2032.
Filtration paper is increasing gaining traction in the packaging industry, healthcare, and food and beverages industry. The global demand in the market is anticipated to grow by 1.7x during the projection period of 2022 and 2032. “Increasing popularity of filtration paper as a reliable and cost-effective medium will facilitate the global growth of the filtration paper market over the forecast period,” says an FMI analyst.
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Market Drivers:
- Growing Environmental Concerns: Increasing awareness about environmental pollution and the need for clean water and air has driven the demand for filtration paper in various industries, including water treatment and air purification.
- Expanding Healthcare Industry: The healthcare sector’s growth, particularly in diagnostic testing and research, has boosted the use of filtration paper in applications like laboratory filtration and medical-grade filters.
- Manufacturing and Industrial Processes: Filtration paper is widely used in industrial processes to separate solids from liquids or gases, contributing to product quality and process efficiency.
- Food and Beverage Industry: The stringent quality standards in the food and beverage industry drive the use of filtration paper for applications such as coffee and tea filtration and beer and wine clarification.
Market Growth Factors
Health and Safety Concerns: With a growing emphasis on health and safety, industries are increasingly investing in filtration systems to ensure the purity of their products. Filtration paper acts as a reliable barrier, safeguarding consumers from harmful impurities and pathogens.
Environmental Regulations: Stringent environmental regulations imposed by governing bodies across the globe are compelling industries to adopt robust filtration systems. Filtration paper plays a crucial role in ensuring compliance with these regulations by effectively removing pollutants and contaminants.
Quality Control Standards: In industries such as pharmaceuticals and food and beverage, maintaining stringent quality control standards is paramount. Filtration paper enables the removal of particles and contaminants, ensuring the desired quality of the final product.
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Competitive Landscape
Thermo Fisher Scientific Inc., Ahlstrom-Munksjö, PAPCEL, a.s., Azumi Filter Paper Co Ltd, Hawach Scientific Co., Ltd, KONOS GmbH, Hollingsworth & Vose, Merck KGaA, SP Bel-Art, Shanghai Mingguan Purification Materials Ltd., Animo B.V., Polymer Papers Limited, Dongguan Huachen Filter Material Limited, Innova Corporate, General Filtration, Twin Rivers Paper Company, Turanlar Group, and Alfa Industries among others are some of the major players in the filtration paper market profiled in the full version of the report.
Leading market participants are keen on upgrading their production facilities and producing new products to meet the rising demand. These firms employ strategic mergers and acquisition tactics to gain a competitive advantage.
Key Players
- Thermo Fisher Scientific Inc.
- Ahlstrom-Munksjö
- PAPCEL, a.s.
- Azumi Filter Paper Co Ltd
- Hawach Scientific Co., Ltd
- KONOS GmbH
- Hollingsworth & Vose
- Merck KGaA
- SP Bel-Art
- Shanghai Mingguan Purification Materials Ltd.
- Animo B.V
- Polymer Papers Limited
- Dongguan Huachen Filter Material Limited
- Innova Corporate
- General Filtration
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Market by Category
By Pulp Type:
- Hardwood
- Softwood
By Product Type:
- Quantitative Filter Paper
- Qualitative Filter Paper
By End Use:
- Food & Beverage
- Healthcare
- Laboratories
- Automotive
- Cosmetics
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East & Africa
- Oceania
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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