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(MoneyNewsWire.Net, January 25, 2018 ) Middle East and Africa Depth Filtration Market was worth USD 0.12 billion in 2016 and is projected to grow at a CAGR of 8.43%, to reach USD 0.18 billion by 2021. Filtration generally includes the retaining of particles on a porous medium. But in Depth filters, both retaining of particles as well as absorption and adsorption characteristics embedded into them.
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To achieve this goal, various types if filter media are used and the fluid path is designed such that the fluid takes longer time to travel through the medium. To provide for this purpose, these filters have large fluid holding capabilities. Due to the filtration characteristics, depth filters are used in variety of fields in chemical and biotechnology industries.
Rapid increase in research activities and investments in pharmaceutical and biotech companies, availability of advanced technologies in process technology, reduction in manufacturing time for drugs are the major factors driving the growth of depth filtration market. Unavoidable government guidelines and premature plugging are restraining the market growth.
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Middle East and Africa depth filtration market is segmented by media type, product, application and region. Based on the media type used in the filter, the market is segmented into Diatomaceous Earth, Activated Carbon, Cellulose and Perlite. Based on the product, the market is segmented into Cartridge filters, Capsule Filters, Filter modules, Filter sheets and other products. Capsule filters segment is projected to be fastest growing segment due to its increasing applications in biotechnology industry. On the basis of application, the market is segmented into Final Product Processing, Cell clarification and Raw Material Filtration. The final product processing segment is sub segmented into small molecules processing and biologics processing. Raw material filtration is projected to hold the largest market share as depth filtration is highly useful in large volumes filtration.
Depth filtration market of this region is analyzed under Middle East and Africa regions. Developing countries like Israel and South Africa show great potential and opportunities for major companies to expand. The market growth is slow to some extent in this region due to the internal warfare and unstable governments.
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The major players in depth filtration market are Eaton Corporation, Merck KGaA, 3M Company, Donaldson Company, Alfa Laval, Filtteck Co., Ltd., Pall Corporation (U.S.), Sartorius Stedim Biotech S.A., and Ahlstrom Corporation
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