Ceramic Filters Market Size Is Forecast to Grow at 12.7% Cagr and Register Usd 2.26 Bn by 2023

Global Ceramic Filters Market size was USD 895 million in 2015 and is likely to grow beyond this, with a projected CAGR of 12.4% till 2023 as per the study by Global Market Insights.

Combined efforts of government and various agencies including EPA (Environmental Protection Agency), NSF (National Science Foundation), EEA (Energy and Environmental Affairs), ASTM (American Society for Testing and Materials) are anticipated to boost up the demand for the product.

Industrial ceramic water filters demand is set to increase owing to applications in separating oil & suspended solids from wastewater effluents out of petrochemical plants, oil refineries, natural gas processing and chemical plants.

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Organizations supporting environmental applications have taken several measures to control air and water pollution coming from various industries and this prominent step is likely to expedite product market trend.

To know more about the future of this product, let’s look on some of the promising figures:

Global research report of ceramic filters market size is predicted to go beyond USD 255 million till 2023 with a CAGR of 11.5%.

Ceramic water filters have captured the market and is projected to touch USD 1.2 billion till 2023.

The ceramic air filters market size is expected to achieve an annual rate of 12.7% till 2023.

Residential applications, for example, candle filters, have gained name and is predicted to cross USD 940 million till 2023.

Industrial products are likely to grow at a rate of 12.6% till 2023.

In U.S., this product is anticipated to rise with a CAGR of 12% till 2023.

China as well as India are the leading countries in the ceramic filters market and are projected to cross USD 800 million till 2023. Many large-scale industries present in China along with measures taken by the government to save the environment are likely to...