The global tangential flow filtration market is poised to reach $3.6 billion by 2028, growing at a CAGR of 13.5% from 2023 to 2028
According to the new market research report “Tangential Flow Filtration Market by Product (System, Membrane Filter), Material (PES, PVDF, PTFE), Technique (Ultrafiltration), Application (Final Product Processing, Raw Material Filtration), End User (Pharma, Biotech), Region – Global Forecast to 2027″, published by MarketsandMarkets™, the global market is projected to reach USD 2.8 billion by 2027 from USD 1.5 billion in 2022, at a CAGR of 13.2% during the forecast period of 2022 to 2027.
Browse in-depth TOC on “Tangential Flow Filtration Market”
347 – Tables
45 – Figures
310 – Pages
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=72081607
The tangential flow filtration industry has grown due to increasing benefits of tangential vs normal flow filtration, rising R&D expenditures in pharmaceutical and biotech sectors, and growing use of single-use technologies. However, high capital investments needed for new production facilities may restrict growth.
The single-use systems segment accounted for the largest share of the product segment in the Tangential Flow filtration market in 2021.
Based on products, the market is segmented into single-use systems, reusable systems, membrane filters, and filtration accessories. In 2021, the single-use systems segment accounted for the largest share of the market and is expected to grow at the highest CAGR during the forecast period. The large share of this segment can primarily be attributed to the minimal chances of cross-contamination risks associated with these systems. The membrane filters market is further segmented into cassettes and capsules & cartridges. In 2021, the cassettes segment accounted for the largest share of the membrane filters market. This can be attributed to the wide usage of cassettes for applications such as separating red blood cells from hemoglobin, clarifying yeast broth and bacterial lysates, and harvesting bacterial, mammalian, and insect cells.
The Microfiltration segment accounted for the largest share of the technique segment in the Tangential Flow filtration market in 2021.
Based on technique, the market is segmented into microfiltration, ultrafiltration, nanofiltration, and other techniques. The microfiltration segment accounted for the largest market share in 2021. The large share of this segment can be attributed to the advantages of microfiltration over other techniques, such as the requirement of low operating pressure, lesser energy consumption, ease of use, cost-effectiveness, the requirement of limited manual actions, elimination of energy-consuming phases such as evaporation, and wide range of applications (from the removal of unwanted suspensions to the removal of bacteria from process liquids).
The Asia Pacific region is the fastest-growing region of the Tangential Flow filtration market in 2021.
Based on the region, the market is segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The Asia Pacific is estimated to be the fastest-growing segment of the market. The rising incidence of viral diseases, the rapid expansion of generics production, increasing R&D spending on biopharmaceutical projects, and the growth of the biotechnology industry in developing countries are the major factors contributing to the growth of the Asia Pacific market.
Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=72081607
Key players in the Tangential Flow Filtration Market include Merck KGaA (Germany), Danaher Corporation (US), Sartorius AG (Germany), Parker Hannifin Corporation (US), Repligen Corporation (US), Alfa Laval Corporate AB (Sweden), ANDRITZ (Austria), Meissner Filtration Products, Inc. (US), Cole-Parmer Instrument Company, LLC (US), Solaris Biotechnology Srl (Italy), Koch Separation Solutions (US), Sterlitech Corporation US), Synder Filtration, Inc. (US), PendoTECH (US), ARTeSYN Biosolutions (Ireland), Microfilt India Pvt. Ltd. (India), Bionet (Spain), SYSBIOTECH GmbH (Austria), Cobetter Filtration Equipment Co., Ltd. (China), Biotree (India), FORMULATRIX (US), Mantec Technical Ceramics Ltd. (UK), Smartflow Technologies (US), TAMI Industries (France), and SPF Technologies LLC (US).
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
© 2024 Crivva - Business Promotion. All rights reserved.