Global Laboratory Filtration Equipment Market to Reach US$1.1 Billion by 2015, According to a New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Laboratory Filtration Equipment markets. The global market for Laboratory Filtration Equipment is forecast to reach US$1.1 billion by the year 2015. Factors including regulatory initiatives by several governments, rising R&D budgets, and increasing filtration needs in markets such as biopharmaceuticals are driving market growth. Further, growing demand from developing nations is driving the laboratory filtration equipment market.

Laboratory Filtration Equipment: A Global Strategic Business Report

Growth momentum in the laboratory filtration equipment market received a setback during 2008 and 2009 due to the global economic recession. However, with recovery of the global economic situation in 2010, the market is likely to stabilize and register healthy growth in subsequent years. Regulatory initiatives undertaken by several developed and developing countries to protect environment are fueling the filtration equipment market. Further, ongoing technological developments are transforming the industry from conventional methods of filtration to modern, sophisticated methods, which are being readily accepted by the consumers.

Europe represents the largest regional market for laboratory filtration equipment worldwide, as stated by the new market research report on Laboratory Filtration Equipment. Microfiltration products dominate the scenario in Europe. The financial crunch weakened the demand for laboratory filtration equipment during the crisis period of 2008 & 2009. However, likely growth in demand for membrane separation systems due to growing number of applications, increasing levels of awareness and general acceptance are expected to improve the European laboratory filtration market in the coming years. Asia-Pacific represents the fastest growing market for laboratory filtration equipment.

Microfiltration Products category constitutes the largest as well as fastest growing segment of laboratory filtration equipment market. Microfilters products are predominantly used in laboratory and analytical sectors and higher demand for these products in end-use sectors is likely to continue in the coming years. Ultrafiltration Products, the other major category, is expected to cross US$413 million by 2012.

Filtration Equipment is a critical component that finds numerous applications in laboratories. For instance, every laboratory needs pure water for which various technologies such as ion exchange, adsorption, distillation, reverse osmosis, ultraviolet oxidation, distillation, deionization, microfiltration, and ultrafiltration are widely used by laboratories. On the other hand, the role of filtration technologies in biopharmaceutical field is increasing by the day. With growing demand for filtration technologies in the biopharmaceutical sector, players are increasingly focusing on bringing forward novel technologies for efficiently eliminating hazardous microorganisms.

Major players profiled in the report include Cantel Medical Corp., Cuno Inc., Dow Water & Process Solutions, EMD Millipore, FilmTec Corporation, GE Healthcare, GE Water & Process Technologies, GEA Filtration, Hydranautics, Koch Membrane Systems Inc., Mar Cor Purification Inc., Minntech Corporation, Orbital Biosciences LLC, Pall Corporation, Porex Corporation, Sartorius Stedim Biotech SA, Thermo Fisher Scientific Inc., and Whatman Plc.

The report titled “Laboratory Filtration Equipment: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of the laboratory filtration equipment markets, impact of recession on the markets, current market trends, competitive scenario, key growth drivers, product overview, recent product introductions, recent industry activity, and profiles of major/niche global as well as regional market participants. The report provides annual sales estimates and projections for laboratory filtration equipment for the following geographic markets – US, Canada, Japan, Europe, Asia-Pacific, and Latin America. Key product segments analyzed include Microfiltration Products, Reverse Osmosis Products, and Ultrafiltration Products. Also, a seven-year (2000-2006) historic analysis is provided for additional perspective.

For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Laboratory_Filtration_Equipment_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world’s largest market research publishers. The company employs over 800 people worldwide and publishes more than 1200 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press(at)StrategyR(dot)com
Web Site http://www.StrategyR.com/

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