NEWS RELEASE November 2016
Market for Cartridge Filter Resins, Adhesives, Fibers, Coatings and Binders to Exceed $4.8 Billion by 2021
The market for liquid filtration cartridges will exceed $19 billion in 2021. The cartridge producers will spend $9.5 billion for media, end caps, netting and adhesives. The media suppliers will spend $4.8 billion for resins, fibers, coatings and adhesives.
Cartridge filters used to purify liquids are constructed of a number of different materials. Synthetic materials are used either in a nonwoven or membrane configuration. Membrane cartridges are distinguished from membrane cross-flow modules which are covered in a separate McIlvaine report.
| Cartridge Filter Revenues $ Millions 2023 Worldwide | |||
|
Product |
Filter Element Revenue |
Level Two Media, End Caps, Coatings, Adhesives |
Level One Resins, Adhesives, Fibers, Coatings and Other Materials |
| Carbon | 8,100 | 4,000 | 2,000 |
| Membrane | 5,000 | 2,500 | 1,300 |
| Metal | 259 | 130 | 65 |
| Non-Woven | 5,600 | 2,800 | 1,400 |
| String Wound | 271 | 136 | 68 |
| Total | 19,230 | 9,566 | 4,833 |
Instead of starting with resins and media production and analyzing the growth in each industry, it is desirable to start with the end users and determine their future demand requirements. McIlvaine is pursuing this approach in all its filtration market reports.
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