The global market for nonwoven filter media is expected to increase to a value of $5.7 billion by 2019, according to a new report from BCC Research, with a five-year compound annual growth rate (CAGR) of 7.3%. The nonwovens in healthcare filtration category, the fastest growing segment, is moving at a healthy 10.3% CAGR.
Ongoing demand for purer air and cleaner water is driving significant growth in the filtration market, which comprises a wide range of materials from sophisticated membranes and open cell polyurethane foams to ceramics and metals to coarse, porous materials to nonwovens media. In addition, filtration media technologies are increasingly playing a vital role in addressing the problem of diminishing oil and gas availability within the United States and elsewhere.
