China Hollow Fiber Filtration Market Size & Outlook
China hollow fiber filtration market, 2018-2030 (US$M)
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China hollow fiber filtration market highlights
- The China hollow fiber filtration market generated a revenue of USD 33.6 million in 2023 and is expected to reach USD 100.8 million by 2030.
- The China market is expected to grow at a CAGR of 17% from 2024 to 2030.
- In terms of segment, polyethersulfone (pes) was the largest revenue generating membrane material in 2023.
- Polyethersulfone (PES) is the most lucrative membrane material segment registering the fastest growth during the forecast period.
Hollow fiber filtration market data book summary
| Market revenue in 2023 | USD 33.6 million |
| Market revenue in 2030 | USD 100.8 million |
| Growth rate | 17% (CAGR from 2023 to 2030) |
| Largest segment | Polyethersulfone (pes) |
| Fastest growing segment | Polyethersulfone (PES) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polysulfone (PS), Mixed Cellulose Ester, Polyvinylidene Difluoride (PVDF), Polyethersulfone (PES) |
| Key market players worldwide | Sartorius AG, Repligen Corp, Danaher Corp, Merck KGaA, Asahi Kasei Corp, Parker Hannifin Corp, Cole-Parmer, Sterlite Technologies Ltd DR, Synder Filtration, Meissner |
Other key industry trends
- In terms of revenue, China accounted for 4.9% of the global hollow fiber filtration market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China hollow fiber filtration market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 65.5 million by 2030.
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Hollow Fiber Filtration Market Scope
Hollow Fiber Filtration Market Companies
| Name | Profile | # Employees | HQ | Website |
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China hollow fiber filtration market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hollow fiber filtration market will help companies and investors design strategic landscapes.
Polyethersulfone (pes) was the largest segment with a revenue share of 35.71% in 2023. Horizon Databook has segmented the China hollow fiber filtration market based on polysulfone (ps), mixed cellulose ester, polyvinylidene difluoride (pvdf), polyethersulfone (pes) covering the revenue growth of each sub-segment from 2018 to 2030.
The biopharmaceutical industry in China is a lucrative market, with significant domestic demand due to the growing geriatric population and rising household budgets for better quality services and products for improved living standards.
The industry has encountered a major shift from a generics-focused space into a thriving innovative center. The focus on standardization and innovation has positive reflective implications for consumers and business peers.
For instance, China’s National Reimbursement Drug List (NRDL) increased access to innovative drugs through the nation’s medical insurance program. In December 2021, Fujifilm announced building a new center for the bioprocessing of media in China.
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Horizon Databook provides a detailed overview of country-level data and insights on the China hollow fiber filtration market , including forecasts for subscribers. This country databook contains high-level insights into China hollow fiber filtration market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China hollow fiber filtration market size, by membrane material, 2018-2030 (US$M)
China Hollow Fiber Filtration Market Outlook Share, 2023 & 2030 (US$M)
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