The String Wound Filter Materials Global Market Report 2023, provides comprehensive information on the string wound filter materials market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s String Wound Filter Materials Global Market Report 2023, the global string wound filter materials market size grew from $1.62 billion in 2022 to $1.74 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of string wound filter materials market is expected to grow to $2.21 billion in 2027 at a CAGR of 6.1%.
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The growing technological advancements are a key trend gaining popularity in the string wound filter materials market. Major companies operating in the string wound filter materials sector are focused on developing technological solutions for string wound filter materials. For instance, Gopani, an Indian filter cartridge manufacturer is offering Clarywound 3X string wound filter cartridges that have three times the filtration efficiency of a regular wound filter cartridge. Clarywound 3X cartridges are made using a patented CNC machining process that creates a true multi-layered micronic gradient that spans five separate cartridges.
The string wound filter materials market is segmented:
1) By Yarn Type: Polypropylene, Cotton, Rayon, Polyester, Other Yarn Types
2) By Core Material: Polypropylene, Stainless Steel, Other Core Materials
3) By End Use Industry: Chemicals And Petrochemicals, Water And Wastewater Treatment, Oil And gas, Pharmaceuticals And Medical, Food And Beverage, Other End Use Industries
Asia-Pacific was the largest region in the string wound filter materials market in 2022.
The table of contents in TBRC’s string wound filter materials market report includes:
- Executive Summary
- String Wound Filter Materials Market Characteristics
- String Wound Filter Materials Market Trends And Strategies
- String Wound Filter Materials Market – Macro Economic Scenario
- String Wound Filter Materials Market Size And Growth
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- Africa String Wound Filter Materials Market
- String Wound Filter Materials Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The String Wound Filter Materials Market
- String Wound Filter Materials Market Future Outlook and Potential Analysis
- Appendix
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