Nylon Filter Market Share 2020-2025 | Growth Forecasts Report
As per credible estimates, the global nylon filter market was worth USD 178.8 million in the year 2019 and is expected to grow with a CAGR of 2.9% during 2020-2025, hence reaching USD 200.8 million by the year 2025. Increasing awareness pertaining to the product benefits has substantially amplified the demand for nylon filters across diagnostic laboratories and several other end-user industries like metallurgy, food, ceramics, and rubber. The superior wear resistance and flexibility of nylon fibres has bolstered their applicability in sewing industrial products. This factor along with rising number of downstream industries are fostering the demand for nylon filters across the globe.
Nylon filters possess exceptional rubbing resistance making them ideal for filtering wet solids and dust particles, hence enhancing product adoption. Also, increasing focus of market majors on R&D activities to develop innovative nylon filters with better properties and capabilities will increase revenue inflow. In a nutshell, technological advancements in nylon filters are further aiding the market expansion. However, nylon filter cloth is brittle and not resistant to light which can act as a hindering factor for market growth.
As per product type, the nylon filter market is categorized into nylon membrane filters and syringe filters. The nylon membrane filters market segment is presumed to expand significantly during the forecast period. This type of product possesses low extractability and hydrophilic properties, and is widely used for HPLC sample preparation, medical assays, general filtration and to clarify and sterilize organic or aqueous solutions. Adding to this, rising adoption of nylon membrane filters for applications including drug filtration, blood glucose, biosensors, and diagnostic kit manufacturing will fuel the segmental growth in the years to come.
Based on the application spectrum, the nylon filter market is classified into laboratory, factory, and others segment. The laboratory applications of nylon filters are predicted to grow substantially during the estimated timeframe. Nylon fibers are used in laboratories for sterilizing organic solutions and for sample preparation. Thus, increasing utilization of nylon filters owing to their high flexibility and wear resistance will amplify industry revenues in the coming years.
As per regional analysis, nylon filter market is divided into North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Europe nylon filter market will witness lucrative growth in the subsequent years. High concentration of key industry players, and technological advancements in pharmaceutical and chemical industries are augmenting the regional demand for nylon filters.
GE Healthcare Life Sciences, Sterlitech, Sartorius, GVS Group, Pall Corp., Perkin Elmer, EMD Millipore, Thermo Scientific, 3M, Advantec MFS, ARS, CHMLAB Group, Tianjin Navigator Lab Instrument, Filpro Corp., ZenPure, Nupore Filtration System (NFS), SMI-LabHut, Advanced Microdevices (mdi), Jinteng, Lubitech, Interstate Specialty Products, Tianjin Fuji Science & Technology, Lubitech, and Hebei Zhongxing Weiye Instrument are the prominent companies operating in the nylon filter market.