Ceramic Filters Market to Benefit from Multiple Regulatory Efforts
Several regulatory bodies are partnering with various institutions to work on ecological sustainability, conducting research and setting regulations to ensure the use of ceramic filters.
The global ceramic filters market is projected to grow at a compound annual growth rate (CAGR) of more than 13% from 2018-2022, according to a report from Technavio. The increasing use of silver-impregnated, activated carbon ceramic filters is a key trend that is expected to impact the market over the forecast period. Materials such as activated carbon, titanium dioxide, silicon carbide, silver impregnated activated carbon, and others are extensively used in ceramic filters for the removal of harmful pathogens, bacteria, and other water chemicals. Among these materials, silver is most efficiently used in ceramic filters because of its ability to remove microbial pathogens and turbidity from drinking water.
The high growth of the global ceramic filters market can be attributed to existing favorable regulations regarding their use in commercial and industrial applications. Several regulatory bodies are partnering with various institutions to work on ecological sustainability, conducting research and setting regulations to ensure the use of ceramic filters. For instance, U.S. Environmental Protection Agency (EPA) has set regulatory limits for the number of certain contaminants in the drinking water provided by public water systems. In addition, regulatory bodies such as Energy and Environmental Affairs (EEA) and European Environment Agency have implemented several mandates pertaining to toxic air emissions and water treatment or disposal. These regulations promote the use of ceramic filters.
Of the three major applications (residential, commercial and industrial), the residential segment held the largest market share in 2017, accounting for nearly 43% of the market. However, the market share for this application is expected to decrease by a small percentage, while the other two segments are expected to witness a small increase in their market share over the forecast period.
Asia-Pacific was the leading region for the global ceramic filters market in 2017, accounting for a market share of over 44%, followed by the Americas and EMEA (Europe, Middle East and Africa). Asia-Pacific is also identified as the only region expected to witness an increase in its market share, while the other two regions are expected to witness a small decline in their market share by 2022.
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