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| Global Hollow Fiber Filtration Market Size |
Market Overview
The global hollow fiber filtration market is witnessing significant growth
owing to high adoption of hollow fiber filtration across various end-use
industries such as pharmaceutical and biotechnology. Hollow fiber filtration is
a membrane-based filtration technique that makes use of hollow fibers made up
of semipermeable membranes. It offers advantages such as compact design, high
surface area for filtration, and easy scalability. Hollow fiber filtration
finds widespread applications in protein purification, water treatment, food
processing and production of monoclonal antibodies due to its capability to
separate molecules based on their size or weight. The emergence of novel
biologics and monoclonal antibodies has further propelled the demand for hollow
fiber filtration for large-scale manufacturing.
The Global
Hollow Fiber Filtration Market Size is estimated to be valued at US$ 395.2 MN in 2024 and is expected to
exhibit a CAGR of 14% over the
forecast period 2024 to 2031.
Key Takeaways
Key players operating in the hollow fiber filtration market are Sartorius AG,
Repligen Corporation, Danaher Corporation, Merck KGaA, Asahi Kasei Corporation,
Parker Hannifin Corp, Cole Parmer, Sterlitech Corporation, Synder Filtration,
Inc., Meissner Filtration Products, Inc., KURARAY CO., LTD., Evoqua Water
Technologies LLC. , The Envirogen Group and Cobetter.
The key opportunities in the hollow fiber filtration market include increasing
investments in developing novel biotherapeutics and vaccines, expansion of
contract manufacturing and research organizations, and growing demand for
monoclonal antibodies.
Major players are focusing on global expansion through partnerships, mergers
and acquisitions to enhance their presence in emerging markets of Asia Pacific
and Latin America. For instance, Repligen acquired Genome & Co. in South
Korea to expand into the Asia Pacific region in 2021.
Market Drivers
Growing demand for biologics and large molecule therapeutics: Biologics
development especially monoclonal antibodies has surged significantly in the
recent past. Hollow fiber filtration is widely used by biopharmaceutical
companies for downstream purification during biologics manufacturing due to
advantages such as minimized buffer requirements.
Stringent regulatory standards for process filtration: Stringent regulatory
standards stipulated by FDA and EMA regarding process filtration validation and
filter integrity monitoring have encouraged end users to adopt hollow fiber
filtration techniques for critical process filtration applications.
Market Restraints
High capital and operational costs: Hollow fiber filtration modules and skids
have high initial capital costs. Additional costs associated with operation,
process validation documentation and membrane replacement restrict wider
adoption.
Lack of skilled professionals: Hollow fiber filtration requires specialized
skills for module housing assembling, integrity testing and operational
procedures. Paucity of trained professionals poses a challenge especially for
small companies.
Segment Analysis
The global hollow fiber filtration market can be segmented based on material,
technique, applications and end-use. Within material, the polyamide segment
currently dominates owing to its excellent properties like high porosity, uniform
pore distribution and outstanding mechanical strength. This makes it suitable
for various applications like biopharmaceutical purification and industrial
separation.
In terms of technique, microfiltration dominates as it is widely used for
clarification and concentration of large molecules like proteins. Other popular
techniques include ultrafiltration and reverse osmosis.
Some major applications of hollow fiber filtration include biopharmaceutical
purification, potable water treatment, food & beverage processing, waste
water treatment and chemicals & others. Biopharmaceutical purification
accounts for the largest share due to high demand for monoclonal antibodies,
vaccines and therapeutic proteins.
Key end-users include pharmaceutical & biotechnology companies, food &
beverage industry, water & wastewater treatment facilities and chemical
processing plants. Of these, pharmaceutical & biotechnology segment has the
highest demand.
Global Analysis
Regionally, North America holds the largest share in the global hollow fiber
filtration market currently. This can be attributed to established
pharmaceutical industry, strict environmental regulations regarding waste water
treatment and growing biotechnology sector in the region. Asia Pacific is
expected to witness the fastest growth during the forecast period owing to
increasing R&D investments, healthcare spending, industrialization and
focus on waste water treatment in countries like China, India and Japan. Rising
awareness about hollow fiber filtration technologies and their benefits in
emerging economies is also propelling the regional market. Stringent
environmental regulations in Europe are further complementing the market
growth.
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