String Wound Filter Materials Market 2024 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2032

The string filter materials are essential components that are used in the construction of string wound filters, which are widely employed or utilized in liquid filtration systems. These filters consist of central core unit with a continuous strand of filter materials, which is mainly yarn, to create a gradient structure that captures the contaminants of varying sizes. The materials use in in the making of string wound filter include polypropylene, cotton, polyester and nylon, each utilized for their specific properties and suitable applications. These filters are known for high dirt holding capacity mechanical strength and versatility in filtering various types of liquids including water, chemicals and oil.

MARKET OVERVIEW

The market valuation of string wound filter materials market was valued at approximately USD 1.5 billion in 2023 and is projected to reach USD 2.5 billion in 2032 exhibiting a CAGR of 5.5% during the forecast period of 2024-2032. String wound filter materials are crucial for effective and efficient filtration. The market is aligned with diverse sectors, which makes it a sustainable and growing market.

GROWTH DRIVERS

 The global emphasis on clean water access, where the string wound filters are extensively used in residential, commercial and industrial water purification systems drives the market growth. According to WHO, an estimated 1.9 billion people rely on water supplies that are contaminated with feces. This requires many to use household water treatment (HWT) technologies to help prevent disease and make water safe for drinking. The expansion of industries including pharmaceuticals, chemicals, and food & beverage, necessitates the robust filtration solutions boosting the demand of the market.

The total revenue in the food & drink market is projected to reach to show an annual growth rate of 11.3% during 2022 to 2027, resulting in a projected market volume of USD 3.8 billion by 2027, according to Statista.  According to a BASF report, global chemical production is expected to grow by 2.7% in 2024, which is faster than the 1.7% growth in 2023. The report also predicts that China's chemical production will grow by 4.0% in 2024. The pharmaceutical industry is expected to grow at a compound annual growth rate of 6.1% from 2024 to 2028, with a projected revenue of USD 1,156 billion in 2024 and USD 1,470 billion by 2028.

The oncology drug segment is expected to be the largest market segment, with a projected volume of USD 214.1 billion in 2024, according to Statista. The technological advancements to improve the efficiency and lifespan of string wood filters making it more attractive to the end users, driving the adoption of the market. The companies like Pall Corporation, a filtration, separation, and purification solutions provider, has recently introduced SepraLYTE™ liquid/gas coalescers in January 2024. Parker Hannifin, a global leader in motion and control technologies, has recently made several innovations in filtration technology, including baghouse filter designed in April 2022 for extreme heat applications.

The growth in oil and gas sector is significant driver of the market, as string wound filters are essential for removing particulates from drilling fluids and protecting equipment. According to Yahoo Finance, the global oil and gas market is expected to grow from USD 6,098.9 billion in 2021 to USD 6,819 billion in 2022 at a compound annual growth rate of 11.8%. The market is expected to reach USD 10,376.2 billion in 2026 at a CAGR of 11.1%.

MARKET SEGMENTATION:

·         By Material Type– polypropylene, cotton, polyester, nylon and others

·         By Filter Core Material – Polypropylene Core, Stainless Steel Core, Tin-Plated Steel Core and others

·         By Micron Rating – Fine filtration (below 1 micron), medium filtration (1 to 50 microns) and coarse filtration (above 50 microns)

·         By End User Industry- water treatment, chemical processing, oil and gas, food and beverages and others

·         By Region- North America, Europe, Asia Pacific, The Middle East and Africa, South America

String Wound Filter Materials Market Segment By Material Type Segment Review:

Polypropylene is is one of the most widely used material in the manufacturing of string wound filters. It provides resistance from acids bases and organic solvents which makes it ideal for a wide range of industrial applications including industrial wastewater treatment, food and beverage industry and pharmaceuticals. Cotton is a natural material that is used in the manufacturing of string wound filters, it is preferred for its biodegradable properties and absorbency. It mostly used in the filtration or drinking water due to its natural properties and safety. It is preferred in aquariums for filtering out impurities while being safe for aquatic life.

Polyester is a synthetic material that is commonly used in the manufacturing of this filters because of its robustness. It resists various chemicals, though it performs better in some high temperature applications and has high tensile strength and resistance to abrasion and wear. Nylon is other synthetic material known for its exceptional strength and flexibility which makes it suitable for specific high-performance applications. It finds application in oil and gas industry for the filtration of hydraulic fluids and oils, pharmaceuticals for filtering, solvents and other chemical used in drug production and industrial process for high stress applications where durability is very much important.

String Wound Filter Materials Market Segment By Filter Core Material Segment Review:

The polypropylene cores are widely used in string wound filters due to their lightweight and cost effectiveness and chemical resistance. It can a wide range of chemicals, including acids and bases, which makes them suitable for various industrial applications like food and beverage industry and pharmaceutical and in wastewater treatment. The stainless steel provides exceptional strength, durability and temperature resistance which makes them ideal for high performance filtration applications. 

It is utilized in chemical for corrosive chemicals and high temperatures and in power generation sector for cooling water filtration and other critical applications. The tin-plated steel core is a cost-effective alternative of stainless steel which offers good strength and moderate corrosion resistance. It is table general industrial applications were moderate corrosion resistance and strength is required like filtration of lubricants in automotive industry.

String Wound Filter Materials Market Segment By Micron Rating Segment Review:

The fine filtration (below 1 micron) segment filters are designed for fine filtration applications requiring very high precision. It provides precise filtration effectively removing sub-micron particles and contaminates, ensuring the purity and quality of the filtered liquids. It finds applications in pharmaceuticals, semiconductor and electronics manufacturing. It finds applications in wastewater treatment where removal of particles, sediments and contaminants ranging from visible to microscopic size is essential.

It is employed in food and beverage production for clarifying liquids and removing particulates. In the coarse filtration (above 50 microns) segment filters are designed for coarse filtration applications where large particles and sediments removal are primary concerns. It is used for filtering water for agriculture irrigation systems. moving larger particle sediment and debris to prevent clogging of irrigation lines and emitters.

String Wound Filter Materials Market Segment By End User Industry Segment Review:

The string wound filters are utilized in municipal water treatment plants for the filtration of raw water from rivers, lakes and reservoirs, removing suspended solid, sediment and turbidity to produce clean water for distribution. It used in industrial water treatment systems for process water filtration, cooling water treatment and wastewater filtration in industries like manufacturing, power generation and mining. It is also utilized residential water filtration systems, including point of views and point of entry filters, for the removal of contaminants, chlorine, sediment and impurities from the table water. The string wound filter is used in chemical manufacturing plants for the filtration of raw materials, intermediates and final products for removing impurities particles and contaminants. It is used for field of process liquids including solvents acids bases and specialty chemicals in the chemical processing operations.

In the oil and gas sector, it is utilized for the filtration of produced water from oil and gas wells for the removal of the solids, contaminates and oil droplets. It is employed in drilling fluid systems for the removal of drilling muds to ensure drilling fluid cleanliness and stability in drilling operations. In the food & beverage sector, it is used for the filtration of process water, including source water and utility water that are used in the food and beverage production facilities for the removal of particles, sediment, chlorine and contaminants to meet quality requirements and product safety. It is used in the beverage production for the filtration of beer, wine, spirits, soft drinks and bottle filled water for removing haze, sediment and microbial contaminants.

String Wound Filter Materials Market Regional Analysis:

North America is a valuable market driven by the factors like the robust industrial sectors like pharmaceuticals, food and beverage and chemicals drives the demand for the market. The presence of strict environmental regulations enforced by agencies like EPA, which requires effective filtration systems for wastewater treatment. Europe is another valuable market due to the factors like European Union’s strict regulations on water quality and industrial effluents drives the market towards growth. Asia Pacific is a rapidly growing market driven by rapid urbanization and significant infrastructure development in countries like China and India increases the demand of the market. The Middle East and Africa is a growing market due to presence of robust oil and gas industry, which requires advanced filtration systems. South America is another growing market driven by the factors like presence of food processing industries and agricultural sector.

Key Challenges:

The raw material used in the filter production like polypropylene, cotton and other fibers may be highly volatile. These fluctuations in raw material cost, may affect the profit margin pricing strategies for manufacturers. For instance, the increase in crude oil price may lead to higher cost for polypropylene. The alternatives filtration technologies like membrane filtration or nanofiber filtration, may pose a threat to the market as this alternative may offers better performance at a lower cost in certain applications. The disposal of used filter cartridges may pose environmental challenges. These filters especially those made from synthetic materials contribute to plastic waste, raising concerns about environmental impact and sustainability.

Competitive Landscape:

In the highly competitive string wound filter materials market, companies are investing heavily in research and development to innovate and improve the product and services. They are also collaborating, forming strategi partnerships, or acquiring other companies to gain access to new market segments, enhance distribution networks, and increase market share. Recent developments includes – Micronics Engineered Filtration acquired National Filter Media and FilterFab, in February 2022. Schweitzer Mauduit International acquired Scapa Group, in April 2021. Micronics Engineered Filtration Group acquired AFT, Dry Filtration Solutions, in July 2023. Pentair plc acquired  Pleatco for around USD 255 million, in October 2021.

Global Key Players:

·         Schweitzer Mauduit International

·         Coats Group Plc

·         William Barnet and Son

·         Micronics Engineered Filtration Group

·         MMP Filtration Pvt, Ltd,

·         East Asia Textile Technology Ltd.

·         STRADOM S.A

·         United Filters International