Industrial Air Filtration Market Size by Top Countries Industry Chain Structure, Competitive Landscape, New Projects & Investment Analysis
The APAC market is anticipated to project a lucrative CAGR over the study period. Rapid development in manufacturing sector in countries such as India and china is expected to drive the sales of industrial air filtration products in the region
Dallas, United States – April 27, 2021 /MarketersMedia/ —
The purpose of the report is to estimate the market size for global industrial air filtration industry and the future growth potential of the market for industrial air filtration across various segments, such as application, product, and the geography. Air filtration systems majorly includes purifiers & air cleaners with various peripherals attached to increase efficiency of the system. They safeguard occupants, process, and equipment’s by eliminating dust & toxic particles from indoors & workspaces.
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A key factor expected to drive demand growth over the forecast period is the need to monitor industrial air quality across a variety of end-use industries. Air filtration is a good way to manage toxins by lowering their concentration to a safe level and thereby improving the indoor air quality. Furthermore, the growing need to reduce energy consumption across a variety of industrial applications can increase the demand for a reliable industrial air filtration system. Growing environmental issues, as well as dwindling raw material supplies and natural depositories, are expected to drive industry growth over the forecast period.
Furthermore, the market is expected to be driven by favorable government regulations pertaining to pollution norms, as well as the implementation of worker health and safety regulations in several regions, over the forecast period. For instance, the Clean Air Act is a federal law in the United States that aims to reduce air pollution on a national scale. The expansion of the region’s industrial and manufacturing units, as well as the automotive and commercial industries, prompted the introduction of a number of regulations governing industrial air filtration. Power, food, cement, metals, and pharmaceuticals are just a few of the industries that use industrial air filtration systems. The demand for industrial air filtration is expected to be hampered by the high capital and operational costs associated with these systems.
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Modern industrial air filtration products make it easier for filtration device designers and plant managers to cut operating costs and save money on electricity while still meeting quality requirements. Several technologies are being used to improve the efficiency and quality of industrial air filtration systems while also lowering costs. The need to reduce energy consumption in a variety of industrial applications could increase the demand for a good industrial air filtration system. Growing environmental issues, as well as dwindling raw material supplies and natural depositories, are expected to drive industry growth over the forecast period.
Key vendors within the market are concentrating on acquiring other vendors within the market in order to improve their geographic presence and portfolio widening. In November 2018, Donaldson Company, Inc., a global leader in air filtration market acquired BOFA International Ltd., which manufactures fume extraction systems. With this acquisition, the company would be able to expand into new industrial air filtration markets and applications.
Donaldson Company, Inc., Pall Corporation, Flanders Corp., Freudenberg Group, Cummins Filtration, SPX, American Air Filter Company, Inc., Air Filter Industries Pvt. Ltd., Air Flow Systems Inc., MANN+HUMMEL, ALFA LAVAL, Parker Hannifin Corp, Camfil are the major players present within the global industrial air filtration market.
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Some Major Points From TOC
Chapter 1. Introduction
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Market Outlook
Chapter 5. Global Industrial Air Filtration Market by Product, 2018-2028 (USD Million)
Chapter 6. Global Industrial Air Filtration Market by Application, 2018-2028 (USD Million)
Chapter 7. Global Industrial Air Filtration Market by Region, 2018-2028 (USD Million)
Chapter 8. Competitive Landscape
Chapter 9. Company Profiles
(Overview, Products and Services Portfolio, Recent Initiatives, Company Financials, SWOT)
9.1. Donaldson Company
9.2. Cummins Filtration
9.3. Pall Corporation
9.4. Freudenberg Group
9.5. SPX
9.6. Flanders Corp.
9.7. American Air Filter Company, Inc.
9.8. Air Filter Industries Pvt Ltd.
9.9. Air Flow Systems Inc.
9.10. CAMFIL AIR FILTRATION INDIA PVT LTD
9.11. MANN+HUMMEL
9.12. ALFA LAVAL
9.13. Parker Hannifin Corp
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