TechNavio recognizes the following companies as the key players in the Global Filter Cartridge market 3M Co., Merck KGaA, Pall Corp., and Parker Hannifin Corp
Commenting on the report, an analyst from TechNavio’s team said: “One of the main trends witnessed in the Global Filter Cartridge market is the development of next-generation filter cartridges. The Global Filter Cartridge market is witnessing the emergence of technological advancements. Many vendors are investing heavily in R&D activities to develop advanced and next-generation filter cartridges. For instance, the emergence of nanotechnology is leading to the development of nano-fiber materials for non-woven filter cartridges. Similarly, bi-component fibers, pleated ceramic materials, and surface-modified fibers are some of the other recent developments relating to non-woven filter cartridges. Thus, vendors are developing next-generation filter cartridges to gain an edge over their competitors in this market.”
According to the report, one of the main factors driving the market is the increasing demand from process industries globally; the Process industry is growing at a high rate, which in turn is creating more opportunities for the Global Filter Cartridge market. In addition, the Process industry is growing at a faster rate in developing countries than in developed countries.
Further, the report states that one of the main challenges is the increased threat of rivalry. The market is not only experiencing an intense and escalating price war, but it is also facing a threat from low-cost vendors. Many local vendors from the APAC region are offering low-cost non-woven filter media products and consumables, which affects the sales of international vendors.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Brita GmbH, Clarcor Inc., General Electric Co., Proctor & Gamble Co., Sartorius AG, and Siemens AG
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-filter-cartridge-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/engineering-and-automation
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TechNavio Announces the Publication of its Research Report – Global Filter Cartridge Market 2012-2016
