String Wound Filter Materials Market Size, Share, Analysis, Growth, Trends, Industry Report 2024-2033|Johns-Manville Corporation, MMP Filtration Pvt. Ltd., Shanghai Melko Filtration Co. Ltd., Coleman Filter Company, Delta Pure Filtration LLC

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Overview and Scope

String wound filter materials are depth cartridge filters that are constructed by weaving yarn around a core. String wound filter materials are commonly used to remove toxins and chemicals from various water sources.

Sizing and Forecast

The string wound filter materials market size has grown strongly in recent years. It will grow from $1.74 billion in 2023 to $1.87 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to water quality concerns, industrial processes, regulatory compliance, wastewater treatment, increased demand for string wound filters.

The string wound filter materials market size is expected to see strong growth in the next few years. It will grow to $2.51 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to global water scarcity, industrial expansion, evolving filtration needs, consumer education and market awareness, environmental regulations. Major trends in the forecast period include microplastic filtration, customized filter solutions, wastewater treatment, smart filtration, advanced filter media.

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Segmentation & Regional Insights

The string wound filter materials market covered in this report 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 share in 2023. Asia-Pacific is expected to be the fastest-growing region in the market. The regions covered in the string wound filter materials market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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Major Driver Impacting Market Growth

The increasing need for wastewater treatment is expected to fuel the growth of the string wound filter materials market in the forecast period. Wastewater treatment is the method of removing pollutants from wastewater or sewage and converting it to effluent that can be added to the water supply with minimal environmental effects. String wound filter materials are prevalent and highly effective in wastewater treatment. String wound water filters are a form of depth filter that traps dirt not only on the surface but down to the center. For instance, according to a 2021-2022 report published by Water.org, a US-based non-profit organization for providing sanitation and safe water solutions, in the US, households without a water connection account for nearly 1.5 times the population. In order to fulfill their basic needs, 122 million people rely on surface water, like a river. Daily trips to collect water by millions of people. More than 30 minutes are regularly devoted by 282 million people. About 771 million Americans, or one in ten, do not have access to clean water. Therefore, the increasing need for wastewater treatment drives the growth of the string wound filter materials market.

Key Industry Players

Major companies operating in the string wound filter materials market include Johns-Manville Corporation, MMP Filtration Pvt. Ltd., Shanghai Melko Filtration Co. Ltd., Coleman Filter Company, Delta Pure Filtration LLC, Cleanflow Filter Ltd., Eaton Corporation, Feature-Tec Co. Ltd., Gopani Product Systems Private Ltd., Hongtek Filtration Co. Ltd., Shelco Filters Corp., United Filters International Inc., Ahlstrom-Munksjo Oyj, Berry Global Inc., CFS Ltd., ErtelAlsop, FilterCor Inc., Fil-Trek Corporation, Freudenberg Filtration Technologies, Hengmao Filter Elements Company, Hollingsworth & Vose Company, Koch Filter Corporation, Lenntech B.V., MAHLE Industry India Private Limited, MANN+HUMMEL GmbH, Parker Hannifin Corporation, Pentair plc, Porvair Filtration Group, Precision Filtration Products Inc., The Lee Company

The string wound filter materials market report table of contents includes:

1. Executive Summary

2. String Wound Filter Materials Market Characteristics

3. String Wound Filter Materials Market Trends And Strategies

4. String Wound Filter Materials Market – Macro Economic Scenario

5. Global String Wound Filter Materials Market Size and Growth

26. South America String Wound Filter Materials Market

27. Brazil String Wound Filter Materials Market

28. Middle East String Wound Filter Materials Market

29. Africa String Wound Filter Materials Market

30. String Wound Filter Materials Market Competitive Landscape And Company Profiles

Top Major Players: