At $19 billion by 2010, filter cartridge market makeup to be one third industrial
Two-thirds will be in commercial and residential sectors. The market for cartridges for liquid filtration is rapidly changing primarily due to the increased demand in these last two sectors. Nevertheless strong growth in biotechnology, electronics, power, desalination and nanotechnology will assure solid growth in the industrial sector as well. These predictions are included in the online continually updated, "Cartridge Filters World Markets," published by the McIlvaine Company...
NORTHFIELD, IL, July 27, 2006 -- The market for cartridges for liquid filtration is rapidly changing primarily due to the increased demand in the residential and commercial sectors. Nevertheless strong growth in biotechnology, electronics, power, desalination and nanotechnology will assure solid growth in the industrial sector as well. These predictions are included in the online continually updated, "Cartridge Filters World Markets," published by the McIlvaine Company.
Metal and string wound cartridges are predicted to remain a small segment of the market. The biggest growth will be in cartridges made of carbon. The biggest use is in residential water systems including refrigerators. The second largest segment is non-wovens. Cartridges utilizing synthetic fibers incorporated into non-woven media are used as pre- filters or as final filters.
The third largest segment in 2010 will be membranes. Operators of pharmaceutical and semiconductor plants need ultrapure water and therefore prefer the high efficiency offered by membrane filters. (It should be noted that this segment does not include membrane cross-flow filters since they are not cartridges.) Membrane filters are widely used in healthcare. Blood filtration is a growing market for these filters.
The market is becoming increasingly global, but also increasingly consolidated. Large companies such as GE, Pentair, and ITT are pursuing both industrial and residential/commercial sectors throughout-the-world. The most recent example of this consolidation is the acquisition of Kinetico, a residential/commercial water treatment company based in the U.S. by Axel Johnson, a Swedish based company with municipal and industrial focus worldwide.
Because the media is the most important component and because cartridges are disposable, the media suppliers play a major role in the cartridge industry. Media suppliers have been investing heavily in manufacturing facilities in Asia. The report predicts that more than half the filtration media for cartridges will be produced in Asia by 2015. Local Asian companies will capture a significant share of the lower performance media market, but the big international manufacturers will dominate the high performance media market.
The market for cartridges in healthcare will continue to grow at more than 7% per year worldwide. The biotechnology applications within the bio pharmaceutical industry will contribute to steady growth in this market segment. Food processing will also be a growth segment.
The McIlvaine Company (www.mcilvainecompany.com) is based in Northfield, IL, with a staff of 35 people that includes engineers, scientists and market researchers.