The self-cleaning filters market is estimated to be USD 5.03 billion in 2017, and is projected to reach USD 7.18 billion by 2022, at a CAGR of 7.4% from 2017 to 2022. The demand for self-cleaning filters is growing significantly, as the use of self-cleaning filters minimizes product loss, increases the quality of output, and reduces contamination across various end-use industries.
Research & development activities are being carried out across the globe to make further additions and advancements to the features of self-cleaning filters. For instance, research & development activities are conducted for the production of advanced technologies that can address specific worldwide environmental challenges. The growing demand for fully automatic filters in developed economies is contributing to the high demand for self-cleaning filters
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Based on material type, the stainless steel segment of the self-cleaning filters market is expected to grow at the highest CAGR from 2017 to 2022. High-quality stainless steel is effective in removing small contaminant particles. The self-cleaning filters made of stainless steel exhibits excellent corrosion resistance in an aerated water environment and have various other advantages such as durability, reliability, and chemical and high-pressure resistibility.
Based on end-use industry, the food & beverage segment is expected to grow at the highest CAGR during the forecast period, due to increasing use of self-cleaning filters to process water filtration in the meat industry and as a quality control measure in the chocolate industry. The food & beverage industry produces large volumes of wastewater that are high in Total Suspended Solids (TSS), Biochemical Oxygen Demand (BOD), and fats, oils, and greases. Thus, food & beverage companies are planning to implement in-house pre-treatment of wastewater with the aim of lowering TSS and BOD, as well as controlling the pH levels. This, in turn, is anticipated to drive the demand for self-cleaning filters in the food & beverage industry.
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The self-cleaning filters market in the Asia-Pacific region is expected to grow at the highest CAGR during the forecast period. This large share can be attributed to the strong industrial base in the region, coupled with the increased demand for self-cleaning filters from end-use industries, such as food & beverage, chemical, marine, waste water treatments, and others. Continuously increasing production in the manufacturing sector to cater to the domestic requirements for high-quality products and rising number of export activities in the Asia-Pacific region are the factors leading towards increased demand for self-cleaning filters in the region.
