Italy Hollow Fiber Filtration Market Size & Outlook
Italy hollow fiber filtration market, 2018-2030 (US$M)
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Italy hollow fiber filtration market highlights
- The Italy hollow fiber filtration market generated a revenue of USD 20.7 million in 2023 and is expected to reach USD 50.5 million by 2030.
- The Italy market is expected to grow at a CAGR of 13.6% 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 20.7 million |
| Market revenue in 2030 | USD 50.5 million |
| Growth rate | 13.6% (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, Italy accounted for 3.0% 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 Europe, Germany hollow fiber filtration market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 94.7 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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Italy 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 38.16% in 2023. Horizon Databook has segmented the Italy 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.
In the past few years, the Italian biotechnology industry has witnessed significant growth due to tremendous academic and industrial research. According to the data published by International Trade Administration (ITA).
Such high investments in biotechnology are expected to fuel the adoption of filtration technologies such as HFF for several research applications in the country. Furthermore, increasing demand for more effective treatments for conditions, such as cancer, is driving the cancer research & biopharmaceutical industry in Italy.
This is boosting the demand for hollow fiber filtration products. Furthermore, presence of investors, such as Sofinnova Partners, which provide seed funding for gene therapy companies, is driving the market.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy hollow fiber filtration market , including forecasts for subscribers. This country databook contains high-level insights into Italy hollow fiber filtration market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy hollow fiber filtration market size, by membrane material, 2018-2030 (US$M)
Italy Hollow Fiber Filtration Market Outlook Share, 2023 & 2030 (US$M)
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