Emerging Opportunities and Key Players in the Global Tangential Flow Filtration Market
The global tangential flow filtration market
is a consolidated market. The market is estimated to grow to USD 3.6
billion by 2028 from USD 1.9 billion in 2023, at a CAGR of 13.5%. TFF
market can be attributed to technological advancements in TFF over
normal flow filtration, rising R&D spending, growing pharmaceutical
& biotechnology industries, and stringent regulatory requirements.
On the other hand, the high capital investments required to set up new
production facilities are expected to hinder market growth.
The
global tangential flow filtration market is a consolidated market, with
many large, medium-sized, and small market players. The global tff
market was dominated by Merck KGaA (Germany), Danaher Corporation (US),
Sartorius AG (Germany), Parker Hannifin Corporation (US), Repligen
Corporation (US), Alfa Laval Corporate AB (Sweden), Andritz (Austria),
Meissner Filtration Products, Inc. (US), Antylia Scientific (US),
Donaldson Company, Inc. (US), Koch Separation Solutions (US), Sterlitech
Corporation (US), Synder Filtration, Inc (US), PendoTECH LLC (US),
Microfilt India Pvt. Ltd. (India), BIONET (Spain), Sysbiotech GmbH
(Austria), Hangzhou Cobetter Filtration Equipment (China), FORMULATRIX,
Inc (US), Mantec Technical Ceramics (UK), Smartflow Technologies, Inc.
(US), Tami Industries (France), SPF Technologies (US), NovaSep (France),
and ABEC, Inc. (US).
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=72081607
Danaher Corporation (US)
Danaher
is a prominent player in the tangential flow filtration market owing to
its strong portfolio of filtration products, including membranes and
systems. Danaher Corporation has witnessed a consistent increase in its
revenue in the last three financial years. This increase can be
attributed to strategic agreements, acquisitions, and expansions. For
instance, in the last three years, Danaher has engaged in acquisitions
and agreements with General Electric Life Sciences (US) and Sartorius AG
(Germany).
Merck KGaA (Germany)
Merck KGaA is one of the
leading players in the tangential flow filtration market. Merck
Millipore has expanded its position as the most profitable technology
and solutions supplier in the TFF industry by offering leading-edge
products for biotechnology & pharmaceutical companies and the
advancement of cell and gene therapy. With a strong geographic presence,
a broad portfolio of tangential flow filtration products, and
continuous expansion in developed and developing regions, the company is
expected to grow at a high rate in the TFF market during the forecast
period.
Sartorius AG (Germany)
Sartorius provides an
extensive range of TFF products for end users such as biopharmaceutical
& pharmaceutical companies, CMOs, and CROs. The company has actively
engaged in strategic expansion owing to the increasing demand for its
products. During the past three years, Sartorius increased its
geographic presence across China, the UK, South Korea, the US, and
France through the establishment and expansion of manufacturing
facilities and customer interaction centers to support the significant
global demand for pharmaceutical filtration products, especially for the
development and manufacturing of COVID-19 therapies and vaccines. With a
strong geographic presence and continuous expansions in developed and
developing regions, the company is expected to grow in the TFF market
during the forecast period.
Related Links
https://www.marketsandmarkets.com/Market-Reports/tangential-flow-filtration-market-72081607.html
https://www.marketsandmarkets.com/PressReleases/tangential-flow-filtration.asp
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
Comments
Post a Comment