NEWS RELEASE                                                                                   April 2024

The Most Profitable Market is an Aggregation of Niches

It is important for a company to have one-year, five-year, and 10-year forecasts for each niche market and the achievable share.

Factors impacting the market are:

  • Market size
  • Growth rate
  • Volatility
  • Suitability

The volatility is a function of the following factors:

  • Economic
  • Political
  • Social factors
  • Technological

Mcilvaine has prepared these detailed forecasts for many of the air, water, energy (AWE) products in each industry and location.
An example of the approach is the market for ULPA filters. They are high efficiency filters. The semiconductor industry is the largest purchaser. Taiwan is one of the largest markets TSMC accounts for a large percentage of the purchases.

There are strong political factors including the possible invasion of Taiwan which need to be considered.
There are strong technology factors including the potential to move beyond digital chips.

A forecast has been prepared to assess the market in the world, U.S. and Taiwan. The shares of TSMC in the U.S. and Taiwan are also assessed.
This is a volatile market with Taiwan being the most volatile.


This data is all displayed as percentages of the world 2024 market.

Many other products share a similar percentage distribution. Here is a partial list.

Air Pollution Control:  fabric filters, scrubbers, catalytic oxidizers

Liquid Filtration:  reverse osmosis, microfilters, cartridges

Consumables:  garments, treatment chemicals

Cleanroom:  modular rooms, fan filter units, mini environments

Flow:  pumps, valves, fans, compressors instrumentation

The market is particularly attractive to companies such as AAF which have manufacturing facilities in the U.S. and significant market share at existing facilities.

Long range forecasts are critical to many company decisions. But due to the many variables it is desirable to have a median forecast with 50 percent reliability as well as high and low forecasts with twenty-five percent reliability.

The Mcilvaine Most Profitable Market Program provides the data shown here for each niche in Air, Water, Energy.

For more information contact Bob Mcilvaine at 847-226-2391 This email address is being protected from spambots. You need JavaScript enabled to view it. or Stacy Hall This email address is being protected from spambots. You need JavaScript enabled to view it.