Electronic Filtration Market

Electronic Filtration Market by Type (Gas Filter, Liquid Filter, Air Filter), Filter Material, Filtration Technologies, Application, End-use Industry (Consumer Electronics, Industrial Electronics, Semiconductors), and Region - Global Forecast to 2028

Report Code: CH 8934 Feb, 2024, by marketsandmarkets.com

The global electronic filtration market size is estimated to be USD 4.0 billion in 2023 and projected to reach USD 6.0 billion in 2028, at a CAGR of 8.5%. The electronic filtration market is integral to semiconductor manufacturing, safeguarding processes crucial for electronic component production. Employed in applications such as wet etching, clean room environments, photolithography, CVD, and PVD, these filters ensure the removal of contaminants, optimizing semiconductor fabrication. Catering to diverse end-use industries including consumer electronics, industrial electronics, and semiconductors, the market ensures the production of high-quality electronic components.

Opportunities in the Electronic Filtration Market

Electronic Filtration  Market

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Electronic Filtration  Market

Recession impact

During a recession, the electronic filtration market is susceptible to several challenges. As economic uncertainties prevail, industries often cut back on capital expenditures, impacting the demand for electronic filtration systems. Reduced industrial activities and a slowdown in manufacturing can lead to a decline in the need for air and water filtration technologies. Budget constraints may hinder investments in advanced filtration solutions, affecting technological advancements. Additionally, stringent environmental regulations may face relaxation as governments prioritize economic recovery over sustainability initiatives. The impact on air quality standards and enforcement could fluctuate. In sectors heavily reliant on cleanroom environments, such as electronics and semiconductors, production cuts may occur, influencing the demand for high-efficiency filtration systems.

Electronic Filtration Market Dynamics

Driver : Growing demand for semiconductors in various end-use industries

The expansion of the semiconductor industry serves as a key driver in the electronics filtration market. With its pervasive contribution to the global economy, the semiconductor sector plays a critical role, accounting for 0.5% of the USD 105 trillion global GDP. Filtration processes are indispensable at every stage of semiconductor manufacturing, ensuring pristine environments and flawless processes. In the intricate world of chip production, where precision is paramount, filtration plays a pivotal role in maintaining the purity of manufacturing environments. From the initial stages of etching delicate circuits onto semiconductor wafers to the final step of polishing wafer surfaces, each phase relies on precise and efficient filtration systems. These systems are designed to eliminate contaminants that could compromise the integrity and functionality of the semiconductor chips. Contaminants in chip production encompass microscopic particles, chemical impurities, and trace elements of gases. Even the minutest amount of these contaminants can disrupt the intricate dance of electrons within a chip. The consequences of such disruptions can range from malfunctions to reduced performance, emphasizing the critical importance of effective filtration in preserving the quality of semiconductor components.

The increased demand for semiconductors, propelled by the surge in electronic consumption across diverse sectors such as consumer goods, automotive, healthcare, and artificial intelligence, serves as a pivotal catalyst for the electronics filtration market. The escalating need for semiconductors to power an array of technological innovations underscores the critical role of filtration solutions in chip production. The consumer electronics industry, driven by an ever-evolving landscape of smartphones, smart appliances, and other electronic gadgets, contributes significantly to the increased demand for semiconductors. The automotive sector's integration of advanced technologies, including electric vehicles and autonomous driving systems, further amplifies the reliance on semiconductors. Artificial intelligence (AI), being at the forefront of technological advancements, relies heavily on semiconductors to support complex computations and machine learning algorithms. As AI applications continue to permeate various industries, the demand for semiconductors will concurrently rise, exerting additional pressure on the electronics filtration market to provide robust solutions that maintain the integrity of semiconductor production environments.

Restrain: High costs associated with advanced filtration solutions

The evolution of semiconductor manufacturing processes imposes a formidable challenge on electronic filtration systems. As chip designs progress toward greater sophistication, the need for filtration systems capable of handling increasingly smaller particles and ensuring material purity becomes more pronounced. This scenario injects a significant level of complexity into filtration requirements. To meet these evolving challenges, the adoption of advanced filtration solutions such as HEPA (High Efficiency Particulate Air) or ULPA (Ultra Low Penetration Air) filters, specialized membranes, and sensor-based monitoring systems is imperative. However, the implementation of these technologies comes at a substantial cost. The high price associated with integrating advanced filtration solutions acts as a formidable restraining factor in the electronic filtration market. The development of advanced electronic filtration technologies, encompassing innovative membrane materials and sensor systems, demands considerable financial investments. This financial barrier poses a significant challenge for smaller players in the market, limiting their capacity to keep pace with the rapid technological advancements in filtration. The high cost of incorporating these advanced technologies may impede widespread adoption and hinder innovation within the electronic filtration sector.

Opportunity: Usage of nanocomposite membranes

Nanocomposite membranes represent a transformative opportunity in electronic filtration, offering a paradigm shift in the quest for enhanced filtration efficiency, selectivity, and durability in the removal of smaller particles. These membranes, leveraging the synergistic advantages of nanotechnology, hold immense promise for addressing the evolving challenges in electronic filtration applications. The integration of nanomaterials into membrane structures facilitates a substantial improvement in filtration efficiency. The inherently high surface area and tunable properties of nanomaterials enable the capture of smaller particles with greater precision, resulting in more effective filtration processes. This enhanced efficiency is crucial for applications where minute contaminants pose significant risks, such as in semiconductor manufacturing or biomedical settings. Nanocomposite membranes exhibit superior selectivity, allowing for the specific targeting of contaminants while preserving the desired components. This attribute is particularly valuable in electronic filtration, where the removal of contaminants without compromising the integrity of electronic components is paramount. The tailored design and composition of nanocomposite membranes enable precise control over the filtration process, ensuring optimal performance in diverse electronic applications. Durability is another key aspect where nanocomposite membranes shine. The inherent robustness of nanomaterials enhances the membrane's structural integrity, extending its lifespan and reducing the frequency of replacements. This durability is vital for electronic filtration systems that operate in challenging environments, such as those with harsh chemical or mechanical conditions.

Challenge: Lack of standardized filtration solutions due to the diverse nature of electronic components

The electronic industry encompasses a wide array of components, each with unique characteristics and sensitivities. As a result, the absence of standardized approaches complicates the development and implementation of filtration systems, as each electronic application may necessitate a tailored solution to address its specific requirements. This lack of standardization not only adds complexity to the filtration landscape but also elevates the customization needs of manufacturers and end-users. Addressing the diverse challenges posed by different electronic components and processes requires filtration systems that can adapt to specific conditions, further emphasizing the need for a more standardized approach within the industry. The absence of standardized filtration solutions stands as a significant challenge for the electronic filtration market, hindering streamlined development processes and potentially impeding the scalability of filtration solutions across a broad spectrum of electronic applications. As the electronic industry continues to evolve, the establishment of more standardized practices in electronic filtration becomes increasingly crucial for overcoming these challenges and fostering a more efficient and adaptable filtration ecosystem.

Electronic Filtration Market: Ecosystem

Electronic Filtration  Market Ecosystem

The air filter product type is the fastest growing product type in the electronic filtration market during the forecast period.

The air filter product type is the fastest-growing product type in the electronic filtration market due to a heightened focus on indoor air quality and health concerns. With increasing awareness about airborne pollutants and allergens, consumers and industries alike are prioritizing cleaner air. Additionally, stringent regulations and a growing eco-conscious mindset are driving the adoption of advanced electronic filtration systems, propelling the rapid expansion of the air filters segment in the market.

The semiconductors industry is the fastest growing end-use industry in the electronic filtration market during the forecast period.

The semiconductors industry is the fastest-growing end-use industry in the electronic filtration market due to its sensitive manufacturing processes. Precision and cleanliness are crucial to prevent contaminants that can damage semiconductor components. Stringent cleanroom requirements and the need to maintain optimal air quality drive the demand for advanced electronic filtration solutions. As the semiconductor sector expands globally, the necessity for effective filtration technologies propels it as the fastest-growing end-use industry in the electronic filtration market.

The wet etching & cleaning process application is the second fastest growing filter application type in the electronic filtration market during the forecast period.

The wet etching & cleaning process application is the second fastest growing filter application type in the electronic filtration market due to its critical role in semiconductor manufacturing. As electronic components become smaller and more intricate, the need for precise and contamination-free processes intensifies. The growing semiconductor industry's demand for efficient wet etching and cleaning processes drives the rapid adoption of advanced filtration technologies in this specific application.

Asia Pacific is the fastest growing in the electronic filtration market, in terms of value.

Asia Pacific stands as the fastest-growing region in the electronic filtration market due to due to robust industrialization, urbanization, and heightened environmental concerns. As industries expand, there's a growing need for effective air and water filtration systems. Stringent regulations to curb pollution further drive demand. The region's dynamic economic growth and increasing awareness of health and environmental issues contribute to the rapid expansion of electronic filtration technologies in the Asia Pacific market.

Electronic Filtration  Market by Region

Source: Secondary Research, Primary Interviews, and MarketsandMarkets Analysis

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Key Market Players

Pall Corporation (US), Entegris, Inc. (US), 3M (US), Cobetter Filtration (China), and Parker Hannifin (US). These players have established a strong foothold in the market by adopting strategies, such as expansions, joint ventures, and mergers & acquisitions.

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Scope of the Report

Report Metric

Details

Years considered for the study

2020–2028

Base year considered

 2022

Forecast period

2023–2028

Units considered

Volume (Million meters) and Value (USD Million)

Segments

Product Type, Filter Technologies, Filter Material, Application and End-Use Industry, And Region

Regions

North America, Asia Pacific, Europe, Middle East & Africa, and South America

Companies

Pall Corporation (US), Entegris, Inc. (US), 3M (US), Cobetter Filtration (China), Parker Hannifin (US), Donaldson Company, inc. (US), Mott Corporation (US)
25 major players covered.

The study categorizes the electronics filtration market based on product type, filter technologies, filter material, application and end-use industry, and region.

By Product Type:

  • Air Filters
  • Liquid Filters
  • Gas Filters
  • Others

By Application:

  • Cleanroom Environment
  • Photolithography
  • Wet Etching & Cleaning Process
  • CVD & PVD
  • Gas Delivery Systems
  • Water Purification
  • Others

By Filter Material

  • PP
  • PTFE
  • Nylon
  • PES
  • Cellulose
  • Ceramic
  • Stainless Steel Filters
  • Others

By end-use industry

  • Consumer Electronics
  • Semiconductor Industry
  • Telecommunications Equipment
  • Industrial Electronics
  • Others

By Region:

  • North America
  • Asia Pacific
  • Europe
  • Middle East & Africa
  • South America

Recent Developments

  • In March 2021, Pall Corporation acquired Pall-Austar Lifesciences Limited, a joint venture (JV) between Pall and Austar. This acquisition expanded its manufacturing capacity to support the single-use technology supply chain demand in China.
  • In July 2020, Entegris, Inc. announced the acquisition of Global Measurement Technologies Inc. The strategic move reinforces Entegris' position as a premier supplier for semiconductor yield enhancement solutions.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS 
 
1 INTRODUCTION 
    1.1 OBJECTIVES OF THE STUDY 
    1.2 MARKET DEFINITION 
    1.3 SCOPE OF THE STUDY 
           1.3.1 MARKET SEGMENTATION
           1.3.2 REGIONS COVERED
           1.3.3 YEARS CONSIDERED FOR THE STUDY
    1.4 CURRENCY 
    1.5 UNITS CONSIDERED 
    1.6 STAKEHOLDERS 
    1.7 INCLUSIONS & EXCLUSIONS 
 
2 RESEARCH METHODOLOGY 
    2.1 RESEARCH DATA 
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
                    2.1.1.2 Electronic Filtration market analysis through secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Key industry insights
                    2.1.2.3 Breakdown of primary interviews
    2.2 MARKET SIZE ESTIMATION 
           2.2.1 BOTTOM-UP APPROACH
           2.2.2 TOP-DOWN APPROACH
    2.3 FORECAST GROWTH ESTIMATION 
    2.4 DATA TRIANGULATION 
    2.5 FACTOR ANALYSIS 
    2.6 ASSUMPTIONS 
    2.7 LIMITATIONS & RISKS ASSOCIATED WITH THE ELECTRONIC FILTRATION MARKET  
    2.8 RECESSION IMPACT 
 
3 EXECUTIVE SUMMARY 
 
4 PREMIUM INSIGHTS 
    4.1 ATTRACTIVE OPPORTUNITIES IN THE ELECTRONIC FILTRATION MARKET 
    4.2 ELECTRONIC FILTRATION MARKET , BY TYPE 
    4.3 ELECTRONIC FILTRATION MARKET , BY FILTER MATERIALS 
    4.4 ELECTRONIC FILTRATION MARKET , BY FILTRATION TECHNOLOGIES 
    4.5 ELECTRONIC FILTRATION MARKET , BY APPLICATION 
    4.6 ELECTRONIC FILTRATION MARKET , BY END USE INDUSTRY 
    4.7 ELECTRONIC FILTRATION MARKET GROWTH RATE, BY COUNTRY 
 
5 MARKET OVERVIEW 
    5.1 INTRODUCTION 
    5.2 MARKET SEGMENTATIONS 
    5.3 MARKET DYNAMICS 
           5.3.1 DRIVERS
           5.3.2 RESTRAINTS
           5.3.3 OPPORTUNITIES
           5.3.4 CHALLENGES
 
6 INDUSTRY TRENDS 
    6.1 INTRODUCTION 
    6.2 VALUE CHAIN ANALYSIS 
           6.2.1 RAW MATERIAL SUPPLIERS
           6.2.2 MANUFACTURERS
           6.2.3 DISTRIBUTORS
           6.2.4 END CONSUMERS
    6.3 PORTER’S FIVE FORCES ANALYSIS 
           6.3.1 THREAT OF SUBSTITUTES
           6.3.2 BARGAINING POWER OF BUYERS
           6.3.3 THREAT OF NEW ENTRANTS
           6.3.4 BARGAINING POWER OF SUPPLIERS
           6.3.5 INTENSITY OF COMPETITIVE RIVALRY
    6.4 PATENT ANALYSIS 
    6.5 PRICING ANALYSIS 
           6.5.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY END USE
           6.5.2 AVERAGE SELLING PRICE TREND, BY REGION
    6.6 ECOSYSTEM/ MARKET MAP 
    6.7 TECHNOLOGY ANALYSIS 
    6.8 TARIFF AND REGULATORY LANDSCAPE  
           6.8.1 REGULATORY BODIES, GOVERNMENT AGENCIES & OTHER ORGANIZATIONS
    6.9 TRADE ANALYSIS  
    6.10 MACROECONOMIC INDICATORS 
    6.11 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS 
    6.12 KEY CONFERENCES AND EVENTS (2023-2024) 
    6.13 KEY STAKEHOLDERS AND BUYING CRITERIA 
           6.13.1 KEY STAKEHOLDER IN BUYING PROCESS
           6.13.2 BUYING CRITERIA
    6.14 CASE STUDY ANALYSIS 
 
7 ELECTRONIC FILTRATION MARKET , BY PRODUCT TYPE 
    7.1 INTRODUCTION 
    7.2 AIR FILTERS 
           7.2.1 HIGH-EFFICIENCY PARTICULATE AIR (HEPA) FILTERS
           7.2.2 ULTRA-LOW PENETRATION AIR (ULPA) FILTERS 
           7.2.3 OTHERS
    7.3 GAS FILTERS 
           7.3.1 PARTICULATE FILTERS
           7.3.2 COALESCING FILTERS
           7.3.3 IN-LINE FILTERS
           7.3.4 OTHERS
    7.4 LIQUID FILTERS 
           7.4.1 DEPTH FILTERS
           7.4.2 MEMBRANE FILTERS
           7.4.3 CARTRIDGE FILTERS
           7.4.4 BAG FILTERS
           7.4.5 STRING WOUND FILTERS
           7.4.6 PLEATED FILTERS
           7.4.7 OTHERS
 
8 ELECTRONICS FILTRATION MARKET, BY APPLICATION 
    8.1 INTRODUCTION 
    8.2 CLEANROOM ENVIRONMENTS 
    8.3 PHOTOLITHOGRAPHY 
    8.4 WET ETCHING AND CLEANING PROCESSES 
    8.5 CHEMICAL VAPOR DEPOSITION (CVD) AND PHYSICAL VAPOR DEPOSITION (PVD) 
    8.6 GAS DELIVERY SYSTEMS 
    8.7 WATER PURIFICATION PROCESSES 
    8.8 OTHERS 
 
9 ELECTRONICS FILTRATION MARKET, BY FILTER MATERIALS 
    9.1 INTRODUCTION 
    9.2 POLYPROPYLENE 
    9.3 POLYTETRAFLUOROETHYLENE (PTFE) 
    9.4 NYLON 
    9.5 POLYETHERSULFONE (PES) 
    9.6 CELLULOSE 
    9.7 GLASS FIBER 
    9.8 CERAMIC 
    9.9 STAINLESS STEEL/METALS 
    9.1 OTHERS 

10 ELECTRONICS FILTRATION MARKET, BY FILTRATION TECHNOLOGIES 
     10.1 INTRODUCTION 
     10.2 MECHANICAL FILTRATION 
     10.3 ADSORPTION FILTRATION 
     10.4 DEPTH FILTRATION 
     10.5 MEMBRANE FILTRATION 
     10.6 ELECTROSTATIC FILTRATION 
     10.7 OTHERS 
 
11 ELECTRONIC FILTRATION MARKET, BY END-USE INDUSTRY 
     11.1 INTRODUCTION 
     11.2 CONSUMER ELECTRONICS 
     11.3 SEMICONDUCTOR INDUSTRY 
     11.4 TELECOMMUNICATIONS EQUIPMENT 
     11.5 INDUSTRIAL ELECTRONICS 
     11.6 OTHERS  
 
12 ELECTRONIC FILTRATION MARKET, BY REGION 
     12.1 INTRODUCTION 
     12.2 ASIA-PACIFIC 
             12.2.1 RECESSION IMPACT
             12.2.2 CHINA
             12.2.3 JAPAN
             12.2.4 INDIA
             12.2.5 SOUTH KOREA
             12.2.6 AUSTRALIA
             12.2.7 REST OF ASIA PACIFIC
     12.3 NORTH AMERICA 
             12.3.1 RECESSION IMPACT
             12.3.1 U.S
             12.3.2 CANADA
             12.3.3 MEXICO
     12.4 EUROPE 
             12.4.1 RECESSION IMPACT
             12.4.1 GERMANY
             12.4.2 U.K
             12.4.3 FRANCE
             12.4.4 SPAIN
             12.4.5 ITALY
             12.4.6 REST OF EUROPE
     12.5 MIDDLE-EAST & AFRICA 
             12.5.1 RECESSION IMPACT
             12.5.1 GCC COUNTRIES
                        12.5.1.1 SAUDI ARABIA
                        12.5.1.2 UAE
                        12.5.1.3 REST OF GCC COUNTRIES
             12.5.2 SOUTH AFRICA
             12.5.4 REST OF MEA
     12.6 SOUTH AMERICA 
             12.6.1 BRAZIL
             12.6.2 ARGENTINA
             12.6.3 REST OF SOUTH AMERICA
 
13 COMPETITIVE LANDSCAPE 
     13.1 INTRODUCTION 
     13.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 
     13.3 MARKET SHARE ANALYSIS 
             13.3.1 RANKING OF KEY MARKET PLAYERS
             13.3.2 MARKET SHARE OF KEY PLAYERS, 2023
     13.4 REVENUE ANALYSIS  
     13.5 COMPANY EVALUATION MATRIX 
             13.5.1 STARS
             13.5.2 EMERGING LEADERS
             13.5.3 PERVASIVE PLAYERS
             13.5.4 PARTICIPANTS
             13.5.5 COMPANY FOOTPRINT
     13.6 START-UP/SME EVALUATION MATRIX 
             13.6.1 PROGRESSIVE COMPANIES
             13.6.2 RESPONSIVE COMPANIES
             13.6.3 DYNAMIC COMPANIES
             13.6.4 STARTING BLOCKS
             13.6.5 COMPETITIVE BENCHMARKING
     13.7 COMPETITIVE SCENARIO AND TRENDS 
             13.7.1 NEW PRODUCT LAUNCHES
             13.7.2 DEALS
             13.7.3 OTHER DEVELOPMENTS
 
14 COMPANY PROFILES*, ** 
((Business Overview, Financials***, Products Offered, Scorecard of Product Offering, Scorecard of Business Strategy, and Recent Developments)
     14.1 PALL CORPORATION 
             14.1.1 BUSINESS OVERVIEW
             14.1.2 PRODUCTS OFFERED
             14.1.3 RECENT DEVELOPMENTS
             14.1.4 MNM VIEW 
                        14.1.4.1 KEY STRENGTHS/RIGHT TO WIN
                        14.1.4.2 STRATEGIC CHOICES MADE
                        14.1.4.3 WEAKNESSES AND COMPETITIVE THREATS
     14.2 ENTEGRIS, INC 
     14.3 3M 
     14.4 COBETTER FILTRATION 
     14.5 PARKER HANNIFIN 
     14.6 DONALDSON COMPANY, INC. 
     14.7 MOTT CORPORATION 
     14.8 MERCK GROUP 
     14.9 PORVAIR FILTRATION GROUP 
     14.10 MANN+HUMMEL 
     14.11 OTHERS 
             14.11.1 CAMFIL
             14.11.2 SHANGHAI PULLNER FILTRATION TECHNOLOGY CO., LTD.
             14.11.3 W.L. GORE & ASSOCIATES, INC.
             14.11.4 GRAVER TECHNOLOGIES
             14.11.5 FILTERSOURCE.COM, INC. 
             14.11.6 FREUDENBERG FILTRATION TECHNOLOGIES GMBH & CO. KG
             14.11.7 FIL-TREK
             14.11.8 AAIR PURIFICATION SYSTEMS
             14.11.9 AIR PURIFICATION INC. 
             14.11.10 VALIN CORPORATION
             14.11.11 GLOBAL FILTER
             14.11.12 LENZING TECHNIK GMBH
             14.11.13 ALFA CHEMISTRY
             14.11.14 D&D FILTRATION
             14.11.15 AMERICAN AIR FILTER COMPANY, INC. 
 
15 APPENDIX 
 
 
LIST OF TABLES (68 TABLES)
 
TABLE 1 ANNUAL PERCENT CHANGE OF REAL GDP GROWTH RATES FROM 2023 TO 2028
TABLE 2 TRENDS AND FORECAST OF GDP PER CAPITA, BY COUNTRY, 2023–2028 (USD)
TABLE 3 AUTOMOTIVE PRODUCTION, MILLION UNIT (2018–2022)
TABLE 4 OVERALL AC DEMAND IN NORTH AMERICA, 2015–2023 (THOUSAND UNITS)
TABLE 5 OVERALL AC DEMAND IN EUROPE, 2015–2023 (THOUSAND UNITS)
TABLE 6 OVERALL AC DEMAND IN APAC, 2015–2023 (THOUSAND UNITS)
TABLE 7 ELECTRONICS FILTRATION SIZE, BY TYPE, 2023–2028 (USD MILLION)
TABLE 8 ELECTRONICS FILTRATION SIZE, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 9 ELECTRONICS FILTRATION SIZE, BY REGION, 2023–2028 (USD MILLION)
TABLE 10 NORTH AMERICA: ELECTRONICS FILTRATION SIZE, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 11 NORTH AMERICA: ELECTRONICS FILTRATION SIZE, BY TYPE, 2023–2028 (USD MILLION)
TABLE 12 NORTH AMERICA: ELECTRONICS FILTRATION SIZE, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 13 US: ELECTRONICS FILTRATION SIZE, BY TYPE, 2023–2028 (USD MILLION)
TABLE 14 US: ELECTRONICS FILTRATION SIZE, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 15 CANADA: ELECTRONICS FILTRATION SIZE, BY TYPE, 2023–2028 (USD MILLION)
TABLE 16 CANADA: ELECTRONICS FILTRATION SIZE, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 17 MEXICO: ELECTRONICS FILTRATION SIZE, BY TYPE, 2023–2028 (USD MILLION)
TABLE 18 MEXICO: ELECTRONICS FILTRATION SIZE, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 19 APAC: ELECTRONICS FILTRATION SIZE, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 20 APAC: ELECTRONICS FILTRATION SIZE, BY TYPE, 2023–2028 (USD MILLION)
TABLE 21 APAC: ELECTRONICS FILTRATION SIZE, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 22 CHINA: ELECTRONICS FILTRATION SIZE, BY TYPE, 2023–2028 (USD MILLION)
TABLE 23 CHINA: ELECTRONICS FILTRATION SIZE, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 24 INDIA: ELECTRONICS FILTRATION SIZE, BY TYPE, 2023–2028 (USD MILLION)
TABLE 25 INDIA: ELECTRONICS FILTRATION SIZE, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 26 JAPAN: ELECTRONICS FILTRATION SIZE, BY TYPE, 2023–2028 (USD MILLION)
TABLE 27 JAPAN: ELECTRONICS FILTRATION SIZE, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 28 SOUTH KOREA: ELECTRONICS FILTRATION SIZE, BY TYPE, 2023–2028 (USD MILLION)
TABLE 29 SOUTH KOREA: ELECTRONICS FILTRATION SIZE, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 30 INDONESIA: ELECTRONICS FILTRATION SIZE, BY TYPE, 2023–2028 (USD MILLION)
TABLE 31 INDONESIA: ELECTRONICS FILTRATION SIZE, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 32 REST OF APAC: ELECTRONICS FILTRATION SIZE, BY TYPE, 2023–2028 (USD MILLION)
TABLE 33 REST OF APAC: ELECTRONICS FILTRATION SIZE, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 34 EUROPE: ELECTRONICS FILTRATION SIZE, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 35 EUROPE: ELECTRONICS FILTRATION SIZE, BY TYPE, 2023–2028 (USD MILLION)
TABLE 36 EUROPE: ELECTRONICS FILTRATION SIZE, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 37 GERMANY: ELECTRONICS FILTRATION SIZE, BY TYPE, 2023–2028 (USD MILLION)
TABLE 38 GERMANY: ELECTRONICS FILTRATION SIZE, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 39 SPAIN: ELECTRONICS FILTRATION SIZE, BY TYPE, 2023–2028 (USD MILLION)
TABLE 40 SPAIN: ELECTRONICS FILTRATION SIZE, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 41 FRANCE: ELECTRONICS FILTRATION SIZE, BY TYPE, 2023–2028 (USD MILLION)
TABLE 42 FRANCE: ELECTRONICS FILTRATION SIZE, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 43 RUSSIA: ELECTRONICS FILTRATION SIZE, BY TYPE, 2023–2028 (USD MILLION)
TABLE 44 RUSSIA: ELECTRONICS FILTRATION SIZE, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 45 UK: ELECTRONICS FILTRATION SIZE, BY TYPE, 2023–2028 (USD MILLION)
TABLE 46 UK: ELECTRONICS FILTRATION SIZE, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 47 ITALY: ELECTRONICS FILTRATION SIZE, BY TYPE, 2023–2028 (USD MILLION)
TABLE 48 ITALY: ELECTRONICS FILTRATION SIZE, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 49 REST OF EUROPE: ELECTRONICS FILTRATION SIZE, BY TYPE, 2023–2028 (USD MILLION)
TABLE 50 REST OF EUROPE: ELECTRONICS FILTRATION SIZE, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 51 MIDDLE EAST & AFRICA: ELECTRONICS FILTRATION SIZE, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 52 MIDDLE EAST & AFRICA: ELECTRONICS FILTRATION SIZE, BY TYPE, 2023–2028 (USD MILLION)
TABLE 53 MIDDLE EAST & AFRICA: ELECTRONICS FILTRATION SIZE, BY APPLICATION,2023–2028 (USD MILLION)
TABLE 54 SAUDI ARABIA: ELECTRONICS FILTRATION SIZE, BY TYPE, 2023–2028 (USD MILLION)
TABLE 55 SAUDI ARABIA: ELECTRONICS FILTRATION SIZE, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 56 REST OF THE MIDDLE EAST & AFRICA: ELECTRONICS FILTRATION SIZE, BY TYPE, 2023–2028 (USD MILLION)
TABLE 57 REST OF THE MIDDLE EAST & AFRICA: ELECTRONICS FILTRATION SIZE, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 58 SOUTH AMERICA: ELECTRONICS FILTRATION SIZE, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 59 SOUTH AMERICA: ELECTRONICS FILTRATION SIZE, BY TYPE, 2023–2028 (USD MILLION)
TABLE 60 SOUTH AMERICA: ELECTRONICS FILTRATION SIZE, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 61 BRAZIL: ELECTRONICS FILTRATION SIZE, BY TYPE, 2023–2028 (USD MILLION)
TABLE 62 BRAZIL: ELECTRONICS FILTRATION SIZE, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 63 REST OF SOUTH AMERICA: ELECTRONICS FILTRATION SIZE, BY TYPE, 2023–2028 (USD MILLION)
TABLE 64 REST OF SOUTH AMERICA: ELECTRONICS FILTRATION SIZE, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 65 EXPANSION, 2019–2023
TABLE 66 JOINT VENTURE, 2019–2023
TABLE 67 ACQUISITION, 2019–2023
TABLE 68 NEW PRODUCT LAUNCH, 2019–2023
 
 
LIST OF FIGURES (16 FIGURES)
 
FIGURE 1 ELECTRONICS FILTRATION: RESEARCH DESIGN
FIGURE 2 ELECTRONICS FILTRATION: BOTTOM-UP APPROACH
FIGURE 3 ELECTRONICS FILTRATION: TOP-DOWN APPROACH
FIGURE 4 ELECTRONICS FILTRATION: DATA TRIANGULATION
FIGURE 5 APAC TO BE THE FASTEST-GROWING ELECTRONICS FILTRATION
FIGURE 6 GROWTH IN DEMAND FOR AC SYSTEMS TO DRIVE THE ELECTRONICS FILTRATION
FIGURE 7 INDIA TO REGISTER THE HIGHEST CAGR IN THE ELECTRONICS FILTRATION
FIGURE 8 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN THE ELECTRONICS FILTRATION
FIGURE 9 PORTER’S FIVE FORCES ANALYSIS: ELECTRONICS FILTRATION
FIGURE 10 APAC TO REGISTER THE HIGHEST CAGR IN THE ELECTRONICS FILTRATION BETWEEN 2023 AND 2028
FIGURE 11 US IS THE KEY MARKET FOR MCHE IN NORTH AMERICA
FIGURE 12 CHINA DOMINATED THE ELECTRONICS FILTRATION IN APAC, 2018
FIGURE 13 GERMANY DOMINATES THE ELECTRONICS FILTRATION IN EUROPE, 2018
FIGURE 14 COMPANIES ADOPTED EXPANSION AS THE KEY GROWTH STRATEGY BETWEEN 2019 AND 2023
FIGURE 15 ELECTRONICS FILTRATION: COMPETITIVE LEADERSHIP MAPPING, 2023
FIGURE 16 MARKET RANKING OF KEY PLAYERS IN 2022

The study involved four major activities in estimating the current market size for electronics filtration. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research.  Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, the market breakdown and data triangulation methodologies were used to estimate the market size of segments and sub-segments.

Secondary Research

In the secondary research process, various sources have been referred to for identifying and collecting information for this study. The secondary sources include annual reports, press releases, and investor presentations of companies; white papers, journals, and certified publications; and articles from recognized authors, directories, and databases. Secondary data has been collected and analyzed to arrive at the overall market size, which is further validated by primary research. Secondary research has been used to obtain key information about the value chain of the industry, monetary chain of the market, the total pool of key players, market classification and segmentation according to industry trends to the bottom-most level, and regional markets. It was also used to obtain information about the key developments from a market-oriented perspective.

Primary Research

The Electronics filtration market involves a variety of stakeholders across the value chain, including raw material suppliers, manufacturers, and end-users. For this study, both the supply and demand sides of the market were interviewed to gather qualitative and quantitative information. Key opinion leaders from various end-use sectors were interviewed from the demand side, while manufacturers and associations were interviewed from the supply side.

Primary interviews helped to gather insights on market statistics, revenue data, market breakdowns, market size estimations, market forecasting, and data triangulation. Primary research also helped to identify trends related to grade, application, end-use industries, and region. C-level executives from the demand side, such as CIOs, CTOs, and CSOs, were interviewed to understand their perspective on suppliers, products, and component providers, which will affect the overall market.

Breakdown of primary interviews

Electronic Filtration  Market Size, and Share

Note: Tier 1, Tier 2, and Tier 3 companies are classified based on their market revenue in 2023 available in the public domain, product portfolios, and geographical presence.

Other designations include sales representatives, production heads, and technicians.

To know about the assumptions considered for the study, download the pdf brochure

Company Name

Designation

Pall Corporation

Sales Manager

Entegris

Sales Manager

Cobetter

Technical Sales Manager

Parker Hannifin

Marketing Manager

Donaldson

R&D Manager

Market Size Estimation

The top-down approach was used to estimate and validate the size of various submarkets for electronics filtration for each region. The research methodology used to estimate the market size included the following steps:

The key players in the industry have been identified through extensive secondary research.

The supply chain of the industry has been determined through primary and secondary research.

The global market was then segmented into five major regions and validated by industry experts.

All percentage shares, splits, and breakdowns based on product type, filter technologies, filter material, application and end-use industry, and country were determined using secondary sources and verified through primary sources.

 

All possible parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. This data was consolidated and added with detailed input and analysis and presented in this report.

Electronics Filtration Market: Bottum-Up Approach

Electronic Filtration  Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Electronics Filtration Market: Top-Down Approach

Electronic Filtration  Market Size, and Share

Source: Secondary Research, Interviews with Experts, and MarketsandMarkets Analysis

Data Triangulation

After arriving at the overall market size—using the market size estimation process explained above—the market was split into several segments and sub-segments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and sub-segment, the data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply of electronics filtration and their applications.

Market Definition

The electronics filtration market is integral to semiconductor manufacturing, safeguarding processes crucial for electronic component production. Employed in applications such as wet etching, clean room environments, photolithography, CVD, and PVD, these filters ensure the removal of contaminants, optimizing semiconductor fabrication. Catering to diverse end-use industries including consumer electronics, industrial electronics, and semiconductors, the market ensures the production of high-quality electronic components. One key driver for the electronics filtration market is the escalating demand for higher semiconductor purity. As semiconductor technology advances, there is an increasing need to minimize contaminants during fabrication processes, driving the adoption of sophisticated filtration solutions.

Key Stakeholders

  • Manufacturers of electronics filtration
  • Raw Material Suppliers
  • Manufacturers In End-use Industries
  • Traders, Distributors, and Suppliers
  • Regional Manufacturers’ Associations
  • Government and regional Agencies and Research Organizations

Objectives of the Study:

  • To analyze and forecast the size of the electronics filtration market in terms of value and volume.
  • To provide detailed information about the key factors (drivers, restraints, opportunities, and challenges) influencing the market
  • To analyze and forecast the market by product type, filter technologies, filter material, application and end-use industry, and region.
  • To forecast the size of the market with respect to five regions: Asia Pacific, Europe, North America, South America, and the Middle East & Africa, along with their key countries
  • To strategically analyze micromarkets1 with respect to individual trends, growth prospects, and their contribution to the overall market
  • To analyze opportunities in the market for stakeholders and provide a competitive landscape for the market leaders.
  • To analyze competitive developments in the market, such as investment & expansion, joint venture, partnership, and merger & acquisition
  • To strategically profile key players and comprehensively analyze their market shares and core competencies2.

Notes: Micromarkets1 are the sub-segments of the electronics filtration market included in the report.

Core competencies2 of companies are determined in terms of their key developments, SWOT analysis, and key strategies adopted by them to sustain in the market.

Available Customizations:

MarketsandMarkets offers the following customizations for this market report.

  • Additional country-level analysis of the Electronics filtration market
  • Profiling of additional market players (up to 3)
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

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Report Code
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Published ON
Feb, 2024
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