Latest: Liquid Filter Bags Market Size is Expected to Reach US$ 1.4 Billion by 2031, Rising at a Market Growth of 6.1% CAGR During the Forecast Period

PRESS RELEASE

Published May 31, 2023

WILMINGTON, DE / ACCESSWIRE / May 31, 2023 / Transparency Market Research Inc. - The Global Liquid Filter Bags Market is projected to flourish at a CAGR of 6.1% from 2023 to 2031. As per the report published by TMR, a valuation of US$ 1.4 billion is anticipated for the market in 2031. As of 2022, the market for chillers is expected to close at US$ 0.8 billion

Transparency Market Research inc., Wednesday, May 31, 2023, Press release picture

Increasing demand for filtration solutions in various industries such as chemicals, pharmaceuticals, food and beverages, oil and gas, are likely to drive the growth of the liquid filter bags market.

Liquid filter bags are used in a wide range of applications to maintain product quality, protect equipment, and ensure process efficiency. They are commonly used for filtering water and wastewater, removing particulate matter from chemicals and solvents, clarifying oils and lubricants, and providing sterile filtration in the pharmaceutical and food industry.

Increasing the use of liquid filter bags in removing harmful particles, bacteria, and other impurities from liquids, to drive the growth of the market. Liquid filter bags are widely used in water treatment processes to remove sediment, bacteria, and other contaminants.

The demand for biodegradable and composite liquid filter bags is high due to the increased concern about the impact of plastic waste on the environment. With increased advancement in technology and the use of innovative manufacturing processes, the market players are coming up with liquid filter bags with high efficiency, durability, and chemical resistance.

Request for a Sample PDF Report with Latest Industry Insights:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=60177

Key Takeaways from the Market Report

As of 2023, the liquid filter bags market is forecast to reach US$ 0.85 billion
By product, demand for the mesh segment is rising significantly
Based on end-use, the pharmaceutical segment is expected to account for a significant market share as it requires a continuous filtration process to remove contaminants
By material, the plastic segment is expected to generate high revenue during the forecast period.

Liquid Filter Bags Market: Prominent Drivers and Trends

Increased need for single-use packaging in food & beverage and pharmaceuticals is creating opportunities for liquid filter bags market growth. As liquid filter bags are an integral part of single-use systems.
Increased expansion of the pharmaceutical sector is expected to provide an opportunity for the liquid filter bags market during the forecast period.
Manufacturers are focusing on developing innovative and reliable liquid filter bags that comply with environmental regulations to cater to different customer requirements.

Buy this Premium Research Report (150 Pages PDF with Insights, Charts, Tables, and Figures):
https://www.transparencymarketresearch.com/checkout.php?rep_id=60177<>

Liquid Filter Bags Market: Regional Analysis

North America is expected to witness high demand for the liquid filter bags market owing to the increasing application in various industries such as food & beverages, chemical & petrochemical. The increasing expansion of industrial and manufacturing sectors in the region drives market growth.
Asia Pacific is expected to account for the largest share of the liquid filter bags market, due to the rapid urbanization and increasing demand from the industrial sector in the countries like China, India, and South Korea.

Competitive Landscape

Transparency Market Research has profiled the following players in its global liquid filter bags market report:

Emirates Industrial Filters Ltd
Eaton Corporation
Global Filter
Allied Filter System Ltd
Sefar AG
Donaldson Company Inc.
Parker Hannifin Group
Filpro Corporation
Rosedale Products Inc.
Shelco Filters
3M
Amazon Filter limited
Trinity Filtration Technology Pvt Ltd
Filter Concept Private Limited
Industrial Filters Manufacturing Limited

Investment in research & development, product advancement, merger, and acquisition are some of the strategies adopted by leading players. Some of the development from the liquid filter bags market are as follows-

Eaton is a major player in the liquid filtration industry. They manufacture a diverse range of liquid filter bags for various industries. Eaton has been investing in research and development to introduce innovative filter bag solutions. They have launched products like the LOFTREX® Filter Bag, which utilizes advanced filter media technology to deliver high particle removal efficiency and extended service life.
Sefar is a leading manufacturer of precision-woven synthetic filter media and filter bags. They offer a comprehensive range of liquid filter bags designed for different applications and industries. Sefar focuses on providing customized filtration solutions and has expertise in developing specialized filter media to meet specific customer requirements

Get Customization on this Report for Specific Research Solutions:
https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=60177

Liquid Filter Bags Market: Key Segments

Product

Mesh
- Mono
- Multi
Needle

Material

Plastic
- Polypropelene(PP)
- Polyamide(PA)
- Polyethelene(PE)
Fabric

End-use

Paints
Food & Beverages
Chemical
Petrochemical
Others

Region

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

Stay Updated with Latest Packaging Industry Research Reports:

About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact:
Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com

SOURCE: Transparency Market Research inc.

View source version on accesswire.com:
https://www.accesswire.com/758253/Latest-Liquid-Filter-Bags-Market-Size-is-Expected-to-Reach-US-14-Billion-by-2031-Rising-at-a-Market-Growth-of-61-CAGR-During-the-Forecast-Period

ACCESSWIRE

News network reaching more than 1,500 media outlets in 98 countries. The newest, fastest-growing and most disruptive newswire available today.