Dublin, Dec. 17, 2018 (GLOBE NEWSWIRE) -- The "Water Filters Market by Media Type (Single & Dual Phase, Multimedia, Cartridge), End-Use Industry (Municipal, Industrial (Oil & Gas, Chemicals & Petrochemicals, Food & Beverages, and Pharmaceuticals)), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The water filters market is estimated to be USD 10.8 billion in 2018 and is projected to reach USD 14.7 billion by 2023, at a CAGR of 6.3%.

The growth in food & beverages, chemicals & petrochemicals, pharmaceuticals, and oil & gas industries is driving the demand for water filters. However, patented products and high raw materials cost are some of the potential restraints for the growth of the water filters market.

By media type, the single & dual phase segment is projected to register the highest CAGR during the forecast period. There is a growing demand for single & dual phase media due to its multiple uses. The segments' growth is also driven by the growth in food & beverages, chemicals & petrochemicals, pharmaceuticals, oil & gas industries.

Based on end-use industry, the food & beverages segment is projected to register the highest CAGR between 2018 and 2023. This growth is mainly attributed to the growing population, increasing urbanization, and the rising number of working women. Increasing health issues caused due to impure water particles & contaminants act as a major driver for the water filters market. The food & beverage industry uses a huge quantity of water for processing and other procedures.

By region, the Asia Pacific water filters market is projected to register the highest CAGR between 2018 and 2023. This growth projection is mainly attributed to the growing population, increasing urbanization & modernization, and increasing concerns related to the use and reuse of water and wastewater. China is estimated to be the largest contributor to the Asia Pacific water filters market.

Key Topics Covered:

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Currency
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Research Assumptions and Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Water Filters Market
4.2 Water Filters Market, By Media Type
4.3 Water Filters Market, By Industrial End-Use Sector
4.4 Water Filters Market, By Region
4.5 Asia Pacific Water Filters Market, By End-Use Industry and Country

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Regulation on Industrial and Municipal Wastewater Disposal
5.2.1.2 Higher Efficiency With A Longer Lifetime
5.2.2 Restraints
5.2.2.1 Patented Products
5.2.3 Opportunities
5.2.3.1 Increasing Urbanization in Emerging Economies
5.2.3.2 High Industrial Growth in Asia Pacific

6 Industry Trends
6.1 Introduction
6.2 Policy & Regulations
6.3 Porter's Five Forces Analysis

7 Water Filters Market, By Media Type
7.1 Introduction
7.1.1 Water Filters Market, By Media Type
7.2 Single & Dual Filter Media
7.2.1 Asia Pacific to Dominate Single & Dual Phase Water Filters Market During Forecast Period
7.3 Cartridge
7.3.1 North America and Europe to Show Stable Demand for Cartridge Water Filters
7.4 Multimedia
7.4.1 Middle East & Africa Promise High Demand for Multimedia Water Filters
7.5 Others
7.5.1 Asia Pacific Relatively High Demand From Asia Pacific for Other Media Types

8 Water Filters Market, By End-Use Industry
8.1 Introduction
8.1.1 Water Filters Market, By End-Use Industry
8.2 Municipal
8.2.1 Increasing Urbanization Projected to Fuel Growth of Municipal Segment
8.3 Industrial
8.3.1 North America and Europe to Provide Stable Demand in Industrial Sector
8.4 Food & Beverages
8.4.1 High Growth of Food & Beverages in Asia Pacific to Propel Growth of Water Filters in the Region
8.5 Chemicals & Petrochemicals
8.5.1 Increasing Concentrations of Chemical Plants in Emerging Regions to Drive the Market
8.6 Pharmaceuticals
8.6.1 Strict Operating Practices to Drive Demand in Pharmaceuticals
8.7 Oil & Gas
8.7.1 Recovery in Oil & Gas Sector to Propel Market Demand
8.8 Others
8.8.1 Water Filters Market in Other Industries, By Region

9 Water Filters Market, By Region

10 Competitive Landscape
10.1 Introduction
10.2 Ranking of Key Market Players Between January 2013 and November 2018
10.3 Competitive Situation & Trends
10.3.1 New Product Developments
10.3.2 Mergers & Acquisitions
10.3.3 Partnerships/Agreements/Collaborations
10.3.4 Expansions

11 Company Profiles
11.1 A.O. Smith Corporation
11.2 Eaton Corporation
11.3 Suez Water Technologies & Solutions
11.4 Veolia
11.5 DOW Water & Process Solutions
11.6 Evoqua Water Technologies
11.7 Mann-Hummel
11.8 Pall Corporation
11.9 Pentair PLC
11.10 Lydall Industrial Filtration
11.11 Atlas Filtri Engineering
11.12 Axeon Water Technologies
11.13 Culligan Water
11.14 Eclipse Magnetics
11.15 Filtra Systems
11.16 Mantec Filtration
11.17 Meissner Filtration Products, Inc.
11.18 Mott Corporation
11.19 Porex Corporation
11.20 Russell Finex Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/2jvs2z/global_water?w=12

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Related Topics: Water Treatment

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