Sep 7 Oct, 2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Tangential Flow Filtration Market.
It was estimated prior to this unanticipated outbreak that the Tangential Flow Filtration Market was expected to grow at a CAGR of 10.7% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.
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Tangential Flow Filtration (TFF) is used in chemical engineering, biochemical engineering and protein purification. It is also known as crossflow filtration. In tangential flow filtration, the vast majority of the feed flow travels tangentially across the surface of the filter, rather than into the filter. The advantage of this is that the filter cake is substantially washed away during the filtration process.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Based on the product type, the market is segmented as TFF systems, membrane filter, and accessories. The TFF systems segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. The significant share of the TFF systems segment is due to rise in the manufacture of biologics and CMOs and investments by major pharmaceutical companies. The membrane filter segment is projected to expand with the highest CAGR during the forecast period owing to high throughput, higher flow rate, accuracy, less filtration time, minimized cross-contamination and no membrane fouling.
Based on the technique type, the tangential flow filtration market is segmented as ultrafiltration, microfiltration, and other TFF techniques. The microfiltration segment is projected to expand with the highest CAGR during the forecast period owing to its rising demand in cell separation.
Based on the application type, the market is segmented as bioprocess applications, viral vector and vaccine purification, and other applications. The viral vector and vaccine purification segment is likely to expand with the highest CAGR during the forecast period driven by vaccine safety regulations and technological advancements in the field.
Based on the material type, the tangential flow filtration market is segmented as PES/PS, regenerated cellulose, and other materials. The PES/PS segment is estimated to register the highest growth during the forecast period due to low protein-binding properties, hydrophilic nature, and its usage in a wide range of applications.
In terms of regions, North America contributed for the largest share of the global tangential flow filtration market. The high share is attributed to the presence of major players, high investment on R&D, and high adoption of advanced technology in the region. The region is likely to maintain its leading position during the forecast period as well. Europe and Asia-Pacific are also expected to offer considerable growth opportunities during the forecast period.
Key players operating in the global Tangential Flow Filtration market are-
- Merck Millipore
- Danaher Corporation
- Sartorius AG
- GE Healthcare
- Repligen Corporation
- Parker Hannifin Corporation
- Alfa Laval Corporate AB
- Andritz AG
- Watersep Bioseparations Corporation
- Cole-Parmer Instrument Company, LLC.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Tangential Flow Filtration analysis report discusses the following heads in great detail:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- COVID-19 Impact Assessment
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
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