Depth Filtration Market Size

Depth Filtration Market size was valued at USD 2.35 billion in 2023 and is expected to reach USD 6.71 billion by 2036, expanding at around 8.4% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of depth filtration is assessed at USD 2.51 billion.

The market is projected to witness a significant growth owing to the growth in production of biologics & large molecules and rise in research & development expenditure in biopharmaceuticals & biotechnology companies. Additionally, rising demand for depth filters in the food and beverage industry and the manufacturing process of pharmaceutical drug therapies are estimated to drive the global market. Furthermore, an increase in demand for depth filters across the bioprocessing industry especially in single-use technology coupled with several benefits offered by these filters such as low cost and user-friendly characteristics are estimated to fuel the market growth over the forecast period.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of depth filtration is assessed at USD 2.51 billion.

Depth Filtration Market size was valued at USD 2.35 billion in 2023 and is expected to reach USD 6.71 billion by 2036, expanding at around 8.4% CAGR during the forecast period i.e., between 2024-2036.

North America industry is expected to account for largest revenue share by 2036, owing to presence of numerous pharmaceutical and biotechnology companies in the region, along with presence of a well-established healthcare infrastructure.

The major players in the market are Filtrox AG, Danaher Corporation, Sartorius AG, Parker Hannifin Corporation, Porvair Filtration Group, ErtelAlsop, Amazon Filters Ltd., Meissner Filtration Products, Inc., Donaldson Company, Inc., Eaton Corporation, Saint-Gobain Performance Plastics, Merck KGaA, and others.

Depth Filtration Market Size