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Market Research Report: Sintered Metal Filters Market

Market Research Report: Sintered Metal Filters Market

Sintered Metal Filters Market

According to the latest report from Grand View Research, Inc., the global market size for sintered metal filters is expected to reach 2.37 billion USD by 2030. This market is projected to expand at a CAGR of 6.7% from 2022 to 2030. This growth is attributed to the filters' ability to achieve effective particulate removal to protect equipment and comply with environmental regulations. The use of filters in various applications such as medical, chemical, electronics, and power is driving the demand.

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【English Market Research Report】Global Market for Sintered Metal Filters

【English Market Research Report】Global Market for Sintered Metal Filters

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The global market for sintered metal filters was valued at approximately 1.31 billion USD in 2021 and is expected to grow at a healthy growth rate of over 6.7% during the forecast period from 2022 to 2029. Sintered metal filters are specially designed to meet stringent standards for particle removal in process gases, such as those used in semiconductor applications. These filters are made using various materials, including fiber filters, stainless steel, bronze, titanium, specialty alloy powders, and nickel-based alloys. Due to their high tolerance and strength, sintered metal filters are ideal for use in temperature ranges from -200 to 1000°C. Factors such as the increasing demand from sectors involving gas and liquid filtration processes, combined with a growing awareness of the high strength and improved corrosion resistance of sintered metal filters, are driving rapid growth in market demand worldwide.

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[English Market Research Report] Global Market for Sintered Metal Filters

[English Market Research Report] Global Market for Sintered Metal Filters

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The global sintered metal filter market is expected to grow from 1.29 billion USD in 2022 to 1.38 billion USD in 2023, with a CAGR of 7.4%. The Russia-Ukraine war has disrupted the potential recovery of the global economy from the COVID-19 pandemic, at least in the short term. This war between the two countries has led to economic sanctions against multiple nations, soaring commodity prices, and supply chain disruptions, causing inflation across goods and services and impacting many markets worldwide. The sintered metal filter market is projected to grow to 1.81 billion USD by 2027, with a CAGR of 6.9%.

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