The report “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”, size is projected to reach USD 6.0 billion by 2028 from USD 4.0 billion in 2023, at a CAGR of 8.5% during the forecast period. 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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150 Market data Tables
55 Figures
220 Pages and in-depth TOC on “Electronic Filtration Market – Global Forecast to 2028”
Some of the prominent key players are:
· Pall Corporation (US)
· Entegris, Inc. (US)
· 3M (US)
· Cobetter Filtration (China)
· Parker Hannifin (US)
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.