Ceramic Filters Market Size

Ceramic Filters Market Size

Ceramic filters market size exceeded USD 1 Billion, in 2019 and is estimated to grow at over 14% CAGR between 2020 and 2026. Stringent emission norms along with technological advancements by market players for superior filtration properties will propel global industry growth.

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Growing ecological problems and strict norms about disposal and air treatment will favor industry product demand. Polluted air mixed with chemicals and suspended matters need to be filtered prior releasing into the atmosphere. Furthermore, operating production efficient facilities across various industries requires utilization of industrial air filters. This product helps to improve air quality at lower costs thus enabling reduced operational cost which may further drive the ceramic filters market demand.

Government initiatives like Smart Growth Conference where affordable, innovative, and sustainable solutions to reduce particulate matters in urban areas have been introduced and recognized. In October 2018, this conference introduced a new type of outdoor filter to cut down city pollution levels. These filters have honeycomb structure with ceramic materials, where air passes through the filters and the particulate matter sticks to the walls leaving clean air to expel.

The honeycomb structure provides large surface area in small space. This technology will commercially operate in Europe by 2024 which will have positive influence on ceramic filters market growth.

Ceramic air filters have honeycomb structure that remove all hazardous particles including dust, mist, fumes, and carbon matter from the air, maintaining the air quality at workplaces and homes, creating an environment-friendly atmosphere. Rising incidences of severe respiratory and lung diseases due to increasing air pollution will have a positive impact on ceramic filters market share.  

Companies are investing in novel technological developments and production capacity expansions to boost their product portfolio. In February 2015, Corning launched Croning Flora 600/3 substrates, which is a ceramic product designed to reduce vehicle emission at engine start. Honda Motor Company is adopting this technology in the models of year 2016 to improve cold start emission.

However, factors including COVID-19 pandemic will have a negative impact on global ceramic filters market. The virus spread has led to lockdown of manufacturing plants in order to prevent infection among workers. This may reduce profit of manufacturers which may impact the product demand.