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Nonwoven Filter Media Market to Grow

Growth of the auto industry is one market driver

The “Global Nonwoven Filter Media Market 2017-2021” report has been added to Research and Markets’ offering. The analysts forecast the global nonwoven filter media market to grow at a CAGR of 6.07% during the period 2017-2021.

Global Nonwoven Filter Media Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is increasing need for water and wastewater services. Sewage wastewater recycling is a major concern for many countries worldwide, to protect their environment and prevent water contamination. This has led local municipalities and governments to allocate a special budget for wastewater management and purification solutions.

One driver in the market is the growing automotive industry. Nonwoven filter media is used for filtration of engine air, cabin air, oil, and fuel. The increasing demand for vehicles is expected to continue during the forecast period, which will create demand for nonwoven filter media.

The improving economic situation and change in lifestyle together with rising consumer confidence have resulted in higher demand for new, fuel-efficient, and technologically advanced cars equipped with more safety features.

The report states that one challenge in the market is efficiency issues in gas turbines. Gas turbines are used for electricity generation in power plants and industrial plants, or as compressors in pipelines, refineries, and chemical plants.

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