Market Size in 2021 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2.4 Billion | USD 4.9 Billion | 8.3% | 2021 |
FrequentlyAsked Questions
The growing fish consumption and rising government initiatives for aquaculture are the key factors that influence the growth of the market during the forecast period. Moreover, the increasing technological advancements are another prominent factor that rises the market growth.
According to the report, the global biofilter market size was worth around USD 2.4 billion in 2021 and is predicted to grow to around USD 4.9 billion by 2030 with a compound annual growth rate (CAGR) of roughly 8.3% between 2022 and 2030.
The global biofilter market growth is expected to be driven by North America. It is currently the world’s highest revenue-generating market owing to the presence of key players in the region.
The global biofilter market is dominated by players like Phenomenex, Rolf C. Hagen, Inc, Membracon, Pentair, Allied Filter Systems Ltd., Marukan Co., LTD., Membrane Solutions, Pure Process, Filtrox AG, Gusmer Enterprises, Graver Technologies, Microfilt India Pvt. Ltd., Qian Hu Corporation Limited, Repligen Corporation, Clarence Technique, Waterlife Research Ind. Ltd., Saint-Gobain Performance Plastics, Aquael, Aqua Design Amano Co., Ltd, Eaton Corporation, Spectrum Brands, Inc., Donaldson Company, Inc, Meissner Filtration Products, Inc., Gulfstream Tropical Aquarium Inc, Zoo Med Laboratories, Inc., Amazon Filters Ltd., ErtelAlsop, Porvair Filtration Group, Parker Hannifin Corporation, 3M, GE Healthcare, Sartorius AG, Danaher Corporation, Merck KGaA., among others.
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