About Candle Filters
The Candle Filters is pressure filters, used in handling titanium dioxide, flue gas, and more applications that require efficient low moisture cake filtration or a high degree of polishing. It is also used in the production of concentrated flowable slurry. It is easily available on online platforms. The rapid development in industrialization and manufacturing industry is driving huge growth in this industry.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.7% |
The companies are enhancing their market in new geographical regions by adopting business growth strategies including mergers & acquisitions, expansions, investments, new product launches, and many others. There are various new market players are entering this market, although this industry required a huge investment in market entrants, is becoming a barrier for new market players. Analyst at AMA Research estimates that Global Manufacturers will contribute the maximum growth to Global Candle Filters market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Boegger Industrial (China), BHS-Sonthofen (Germany), Steri Technologies (United States), HYDAC (Germany), EnvironTec (United Kingdom), Veeraja Industries (India), Menardi (United States), Porvair Filtration (United Kingdom), Pall Corporation (United States) and Clearsep Technologies (India) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are PNS Engineering (India), GTS Filters and Systems (India) and Raj Filters (India).
Segmentation Overview
AMA Research has segmented the market of Global Candle Filters market by Type (Sintered Candle Filters, Perforated Candle Filters, Pleated Candle Filters and Others), Application (Food, Chemistry Industry, Pharmaceutical Industry, Power Industry, Oil Industry, Mining & Metallurgical Industry and Others) and Region.
On the basis of geography, the market of Candle Filters has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Components, the sub-segment i.e. Vessel will boost the Candle Filters market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channels, the sub-segment i.e. Direct Sales will boost the Candle Filters market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Demand of Candle Filter Required Minimum Floor Space for Large Filtration Areas
Market Growth Drivers:
Increase in Industrialization and Growing Demand for Polymer Manufacturing Company
Challenges:
High Cost Associated with Production and Maintenance
Restraints:
Fluctuation in Cost of Raw Materials
Opportunities:
Growing Demand for Multiple Filtering and Advancement in Eco-Friendly Filters
Market Leaders and their expansionary development strategies
In December 2023, Resideo Technologies, Inc., a leading global provider of solutions for home comfort, energy management, security and safety, today announced a partnership with FilterEasy to launch a filter replenishment service. Resideo’s first direct-to-consumer subscription service will provide consumers with HVAC (Heating, Ventilation and Air Conditioning) air filter replacements
In February 2023, Ahlstrom now launches the Heating, Ventilation and Air Conditioning (HVAC) filter media portfolio from its brand-new production machine in Turin (Italy), supporting our customers in their ambition to offer best performing and premium quality filters to the most demanding end-uses. Uniqueness of our offering comes from state-of-the-art manufacturing technologies which deliver best reliability in performance as well as lower environmental impact.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Candle Filters Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.