Chicago, Feb. 20, 2024 (GLOBE NEWSWIRE) — The Global Electronic Filtration Market is projected to grow from USD 4.0 billion in 2023 to USD 6.0 billion by 2028, at a CAGR of 8.5% from 2023 to 2028, as per the recent study by MarketsandMarkets™. The major drivers for the electronic filtration market are the growing demand for semiconductors in various end-use industries, increasing demand for ultra-pure water in microelectronics, and enhanced cleanroom environments in semiconductors and microelectronics production. High costs associated with advanced filtrations, and the disposal of waste generated through the filtration process are considered restraining factors in this market. Whereas the usage of nanocomposite membranes, and the growth of data centers and cloud computing services act as opportunities in the market.
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Browse In-Depth TOC On “Electronic Filtration Market”
150 – Market Data Tables
55 – Figures
220 – Pages
List of Key Players in Electronic Filtration Market:
Pall Corporation (US)
Entegris, Inc. (US)
3M (US)
Cobetter Filtration (China)
Parker Hannifin (US)
Drivers, Restraints, Opportunities and Challenges in Electronic Filtration Market:
Drivers: Growing demand for semiconductors in various end-use industries.
Restraints: High costs associated with advanced filtration solutions.
Opportunity: Usage of nanocomposite membranes.
Challenges: Lack of standardized filtration solutions due to the diverse nature of electronic components.
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Key Findings of the Study:
The liquid filters product type is the second fastest growing product type, in terms of value, during the forecast period.
Based on the application, the cleanroom environment application has the …
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