NEW YORK, Oct. 6, 2016 /PRNewswire/ -- The tangential flow filtration market is projected to reach USD 1,005.0 million by 2021 USD 554.7 million in 2016, growing at a CAGR of 12.6% during the forecast period (2016–2021). Growth in the biopharmaceutical industry, growth in the adoption of single-use technologies, and advantages of tangential flow filtration over normal flow filtration will boost the growth of the tangential flow filtration market. In this report, the tangential flow filtration market is broadly segmented on the basis of product, membrane material, technology, pore size/MWCO, applications, and region. However, stringent government regulations for validation of filtration processes are restraining the growth of the tangential flow filtration market.
Based on product, the tangential flow filtration market is categorized into single-use TFF systems, reusable TFF systems, membrane filters, and filtration accessories. The single-use TFF systems subsegment is expected to account for the largest share of the product segment in 2016. The advantages such as minimal cross contamination, no membrane fouling, and high flux rate offered by single-use TFF systems owing to increasing demand for single-use TFF systems.
The tangential flow filtration market, based on the membrane material, is classified into polyethersulfone, regenerated cellulose, and other materials. The other materials segment includes polyvinylidene fluoride and ceramic materials. The polyethersulfone segment is expected to account for the largest share of the tangential flow filtration market in 2016. Based on the technology, the tangential flow filtration market is categorized into ultrafiltration, microfiltration, and reverse osmosis. The ultrafiltration segment is estimated to account for the highest growth of the market in 2016, due to usage of this technology in the production of biologicals.
The North America is expected to account for the largest share of the tangential flow filtration market in 2016. Europe is the second-largest source for tangential flow filtration market; this regional market is driven by the availability of R&D funds in tangential flow filtration. Asia-Pacific region is estimated to be the fastest growing region in the tangential flow filtration market during the forecast period due to the increasing adoption of tangential flow filtration in this region.
New product launches is the dominant strategy adopted by key industry participants in the tangential flow filtration market to increase their market share and cater to unmet needs.
Major players in the tangential flow filtration market include Danaher Corporation (U.S.), Merck Millipore (U.S.), Sartorius Stedim Biotech S.A. (France), Parker Hannifin Corporation (U.S.), GE Healthcare (U.S.).
The market study covers the global tangential flow filtration market, by product, membrane material, technology, pore size/MWCO, application, and region, to estimate the overall market size during 2014 to 2021. This report also covers the drivers, restraints, opportunities and threats of the market along with the competitive landscape of the tangential flow filtration market players.
Reasons to buy this report:
This research report has focused on various levels of analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth market segments; high-growth regions; and market drivers, restraints, and opportunities.
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on tangential flow filtration products and services offered by the top players in the global tangential flow filtration market
- Product Development/Innovation: Detailed insights on research & development activities, and new product launches in the tangential flow filtration market
- Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the markets for tangential flow filtration across regions
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the global tangential flow filtration market
- Competitive Assessment: In-depth assessment of strategies, products, and manufacturing capabilities of the leading players in the global tangential flow filtration market
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