String Wound Filter Materials Market Size, Share, Opportunities, And Trends By Type (Polypropylene, Rayon, Cotton, Polyester, Others), By End-Use (Chemicals and Petrochemicals, Water & Wastewater Treatment, Oil & Gas, Pharmaceuticals and Medicals, Food & Beverages, Others), And By Geography - Forecasts From 2024 To 2029

The string wound filter materials market is estimated to grow at a CAGR of 4.02% during the forecast period.

The growing demand for string wound filters from end-user industries and government initiatives to build cutting-edge wastewater treatment facilities to accommodate the expanding population are the main market drivers. Wastewater and water treatment plants are crucial for cities because tap and packaged water are the only sources of fresh water. Further, stainless steel, cotton, and polypropylene are among the most often utilized materials. These substances are picked out for their superior filtration abilities, toughness, and adaptability to various liquids.

String Wound Filter Material Market Drivers

• Favorable government initiatives and the rising demand from end-user industries

The water and wastewater treatment industries heavily favor string wound filters because they provide stronger microbial resistance and consistent performance. Due to its distinct characteristics and benefits over other options, string wound filters are becoming increasingly popular across various end-user industries. This includes water and wastewater treatment, and food and beverages industries. Governments worldwide are establishing laws into place to replace insufficient water supplies with alternate water supply solutions, such as the reuse of wastewater. Reusing treated water has emerged as a practical, economical, and green alternative.

• The chemical and petrochemical industries are experiencing a significant demand

The string wound filter materials market will expand due to the materials compatibility with various chemicals and petrochemicals. Chemical and petrochemical producers are investing in new projects and expanding current ones due to the rising demand for these products. String wound filter materials market could benefit from the chemical and petrochemical sectors’ expansion.

• Rising use in water and wastewater treatment

The demand for effective water treatment technology has increased as a result of water scarcity and the need to maximize the use of the water resources that are currently accessible. According to 2021-2022 research published by Water.org, a global non-profit organization for delivering sanitation and clean water solutions, around 122 million people rely on surface water, like a river, to meet their fundamental requirements. On a global scale, around 2.2 billion people, or 1 in 4 people lack proper access to safe water at home. As a result, the string wound filter materials market is expanding due to the rising demand for wastewater treatment.

String Wound Filter Material Market Segmentation by Type

• High demand for polypropylene

For the efficient removal of particulates in various industries, such as water treatment, chemical processing, the manufacturing of food and beverages, medicines, and more, string wound filters are crucial. Polypropylene is the ideal material for this due to its strength and resilience to chemicals. To ensure that water and fluids satisfy legal standards for quality, string wound filters are routinely used. As a result, there is a greater need for reliable and potent filter materials like polypropylene. The demand for filtration technology has increased due to worries about water quality and the need for clean drinking water. In order to solve these issues, polypropylene filters are utilized in homes, businesses, and factories.

String Wound Filter Material Market – Geographical Outlook

• North America is projected to dominate the string wound filter materials market

Rising public awareness on the importance of clean water is driving the demand for string wound filter materials. North America is renowned for its cutting-edge ideas and technologies, which have greatly influenced market growth. For instance, in September 2022, BAE Systems created filter technology for DARPA's COFFEE program. A contract for USD 6.5 million for this program has been given to the company's research and development unit, FAST Labs, by the Defense Advanced Research Projects Agency. A number of regional research and development centres are devoted to improving filter technology, enabling producers to provide premium filter materials. As a result, the market expansion in this area will be accelerated.

String Wound Filter Industry Updates

• July 2023: The strategic acquisition of AFT, Dry Filtration Solutions Leader from FLSMIDTH was done by Micronics Engineered Filtration Group. This acquisition is expected to contribute to Micronics' portfolio of filtration products to serve the diverse filtration needs of different industries.

• February 2022: The National Filter Media ("NFM") acquisition was announced by The Micronics Engineered Filtration Group, a reputable family of top filtration firms offering Total Engineered Filtration Solutions globally. In order to better meet clients' sophisticated filtration needs, Micronics has strategically expanded its offering of engineered filtration products.
• October 2021: Pentair plc, a leading company in the water treatment business, announced related to its acquisition of Pleatco for around US$255 million. Pleatco is a US-based producer of clean air and water filtration technology. Through this acquisition, Pentair would have access to a larger variety of replacement filter products.