Chemical

According to a market report by Lucintel, the future of the glass fiber filter paper market looks promising with opportunities in the aerospace, pharmaceutical, and food & beverage industries. The global glass fiber filter paper market is expected to reach an estimated $3.8 billion by 2028 with a CAGR of 5.5% from 2023 to 2028. The major drivers for this market are introduction of binder-free filter papers for water and wastewater analysis, considerable use of these products for sediment and coarse particle removal in single and multiple processes, and increasing application of these papers in the healthcare as well as pharmaceutical industries.



In this market, HEPA (high efficiency particulate air) and ULPA (ultra low penetration air filter) are the two major segments of glass fiber filter paper market by application. Lucintel forecasts that HEPA is expected to witness a higher growth over the forecast period due to its growing usage for reducing the danger of contamination at the time of manufacturing of various products, such as semiconductors, nuclear, medical equipment, hard drives, food, medicines, residential settings, hospitals, and transportation.



Within this market, pharmaceutical segment is expected to witness the highest growth over the forecast period due to the significant use of filter papers in pharmaceutical manufacturing to separate liquids from precipitates or solids, including coatings, tablet excipients, and capsules.



APAC will remain the largest region due to the continuing growth of commercial enterprises and rapid industrialization in the region.

Hollingsworth & Vose, Lydall, Ahlstrom, Chongqing Zaisheng Technology, Hokuetsu, and Sinoma Science & Technology are the major suppliers in the global glass fiber filter paper market.  



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global glass fiber filter paper market by product type, application, end use industry, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Glass Fiber Filter Paper Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global glass fiber filter paper market by product type, application, end use industry, and region, as follows:

This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 

Q.1. What are some of the most promising, high-growth opportunities for the glass fiber filter paper market by product type (40 g/m², 70 g/m², 90 g/m², 110 g/m², and others), application (HEPA and ULPA), end use industry (aerospace, pharmaceutical, food & beverage, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?