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Are you a strategic planner for an organization in the filter industry? Are you an investment analyst looking for growth markets? Are you part of a filter company looking to gain an edge in a new niche? Discover the growth segments in the filter and filtration markets. On September 23-25, 2008 at the Charlotte Hilton University Place in Charlotte, NC, the American Filtration and Separations Society (AFS) will be holding its' fall conference on the subject of "Infrastructure, Sustainability & Testing Management."
Minneapolis, MN (PRWEB) September 3, 2008 -- What are the influences on the filter markets business landscape? Environmental concerns and human consumption are certainly at the top of the list. As a result, one major influence has been broad-based increases in environmental legislation by State and National regulators. More influences include increased urbanization and consumption; decreasing resources; a volatile climate; shifting regions of world supply; and infrastructure issues.
The characteristics of the filter industry show a growing and profitable global business of 4-8% per year, outpacing the economy annually for many years now. Liquid filtration is more profitable than air filtration, particularly in membranes. The customer base is very diversified. Many filter products have long life cycles and the industry is consolidating.
The highest potential for growth is in finer filtration and specialized media, along with products which alleviate environmental concerns. Over the last 10 years, there has been an over-reliance on core media and technology, resulting in little innovation.
Filter media is the heart and soul of the filter industry. The leading media drivers since WWII have been membranes and nonwoven fabrics.
The nonwoven fabric filter market in North American was $735 million in 2007. The world market for membrane roll stock is
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