Laboratory Filtration Market Size and
Growth Rate:
The Global
laboratory filtration market was at 2.35
billion USD in 2017 and is expected to grow at an average annual rate of 7.3% during
2018-2023.
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Filtration Market @ https://www.researchcosmos.com/reports/laboratory-filtration-market/1048016277
Laboratory Filtration Market
Overview:
Filtration
is an essential step in the process in almost all types of laboratories in
environmental, chemical and life sciences. The laboratory filtration team helps
the analysis of samples before analysis, filtration of cell phases, sterilization
of samples, membrane-based microbiology and the pre-analysis particle sampling.
Laboratory Filtration Market Growth
Drivers and Restraints:
The
growing use of filtration products in the food and beverage industry, the
introduction of high-tech products, the increase in research activity in the
pharmaceutical and biopharmaceutical industries and the increase in the
adoption of filtration products are driving the growth of the laboratory
filtration industry. As environmental concerns increase, the need for stringent
laws and regulations on the acceptable levels of pollutants from food
production to industrial waste has increased. This regulation is providing many
benefits to manufacturers of filtration equipment, as the demand for these
products is increasing. The supply of high-quality products has been steadily increasing,
filtering more often at micro and nano levels due to intense competition among
players in various industries. The demand for delivered quality is directly
related to the introduction of new technologies of filtration.
In
addition, the enormous value of raw materials is one of the important reasons
to curb the growth of the world market. Another key factor for the growth of
the world market for laboratory filtration equipment is the pharmaceutical and
biotechnology industry that grows faster. In these two sectors, filtering
devices are used for the research and development, manufacture and testing of
products. The growth of the global filtration equipment market is consistent
with the growth of these industries.
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Laboratory Filtration Market
Geographical Segmentation:
From a
geographic point of view, the world market of laboratory filtration equipment
is divided into North America, Europe, Asia Pacific, Middle East ad Africa, and
Latin America. However, in the near future, Asia-Pacific countries, such as
China, India and a huge and developing industrial base, are expected to show
the largest growth in the market. The main demand in the region comes from the
pharmaceutical and biotech companies that will boost the growth of the world
market.
Keyplayers of the Laboratory
Filtration Market:
Some significant
companies in the world's laboratory filtration equipment
market include Cuno, FilmTec Corporation, Dow Water & Process Solutions, Cantel
Medical Corporation, GE Healthcare, GEA Filtration, Hydranautics, Inc., Man Cor
Purification, Inc. MACHEREY-NAGEL GmbH & Co. KG and Koch Membrane Systems,
Inc.
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