Industrial Air Filtration Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

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Industrial Air Filtration Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

Status : August, 2020 | Technology & Media | PPT format

Report Digest


Global Industrial Air Filtration Market: Snapshot

Occupational safety norms and policies regulating the quality of indoor air in various commercial and industrial buildings have led to the evolution of industrial air filtration market. There is a growing concerns of mitigating the effects of pollutants in ambient air in order to ensure a healthful working conditions in numerous industries such as logistics and recycling. This has led to accelerating demand for industrial air filtration technologies in various areas such as warehouses and manufacturing units in several developing and developed nations. The demand is significant from food and beverage production facilities and metal processing and metal working units. Air filtration systems mainly includes air purifiers and air cleaners with a range of filtration technologies. They protect people, processes, and machines by removing dust and harmful particles from the indoors and workspaces.

In most cases, industrial filtration units are implement the already existing ventilation system among end users. As a result, their adoption across industries give save the energy costs of buildings, make production processes more efficient and ensure a healthier environment. Recent technological advancements in the filtration technology have led to major innovations in air filtration systems. This continues to expand the application areas of industrial filtration technology. Recent design enhancements have also helped manufacturers develop filtration units with ergonomic designs, ease of mounting, and meet regional industrial standards on occupational air quality. Stringent regulations exist in nations for regulating the air quality in a variety of food environments. This includes avoiding dirt and various types of bacteria that can contaminate food products.

Global Industrial Air Filtration Market: Overview

The economic development of a country can be determined by its industrial growth. There is massive industrialization taking place all across the world and it is essential to keep a watch on the quality of air, both inside and outside a unit. Measures are already being taken to curb the quality of outside air; industrial air filtration comes into play for inside air quality. To improve the quality of air indoors, industrial air filtration offers an effective way to control contaminants by reducing their concentration to an acceptable level.

The global industrial air filtration market can be categorized on the basis of industry into power generation, healthcare and pharmaceuticals, manufacturing, metals and mining, and oil and gas. On the basis of product, the global industrial air filtration market can be segmented into mist collectors, dust collectors, cartridge collectors and filters, hepa filters, and baghouse filters. The market can be further segmented on the basis of application to include food, power, metal, cement, pharmaceuticals, and others.

In the report, an in-depth analysis of market segments and competitive landscape has been presented. The report also provides drivers and restraints of the global industrial air filtration market. It also profiles key players in the market based on various attributes such as business strategies, company overview, financial overview, and recent developments.

Global Industrial Air Filtration Market: Key Trends

The global industrial air filtration market is growing due to various factors, such as environmental awareness, demand for high-performing, energy-efficient products, and rapid industrialization. In addition, an effective industrial air filtration system assists in saving energy and improving overall system reliability and manufacturing processes, thereby opening more avenues for market growth. On the contrary, low sales of new systems, absence of attractive business opportunities, and economic recession in a number of end-user markets are a few of the factors limiting the growth of the global industrial air filtration market.

The manufacturing industry is the key contributor to the industrial air filtration market and is projected to account for a major share in the given period. Demand for high quality products from consumers, strict environmental laws to curb air pollution, and growing concern regarding global warming are some of the factors increasing the demand for industrial air filtration, thereby positively impacting the market growth.

Electricals, electronics, and equipment manufacturing industries are known to widely use air filtration as they require a dust-free environment. Also, strict government regulations to manage the injurious contaminants released in industrial smoke will likely drive the air filtration market.

The demand for liquid filtration is observed to be more than dry filtration and this segment is estimated to hold a large market share in the years to come. Several industries are highly dependent on water such as pharmaceuticals, chemicals, power generation, food and beverage, and oil and gas, thus giving impetus to the liquid filtration segment.

Global Industrial Air Filtration Market: Regional Analysis

Geographically, the market can be segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. Europe is likely to account for a large market share and will continue to do so in the said period. In Europe, the food industry is very vast and due to the presence of several small-scale businesses, the market is expected to grow further.

Due to new environmental policies and rise in the number of manufacturing, healthcare, power generation, and oil and gas industries, the market of Asia Pacific is expected to grow rapidly during the forecast period.

Global Industrial Air Filtration Market: Key Players

Some of the prominent players in the global industrial air filtration market are Alfa Laval, Clarcor Inc., Mann + Hummel GmbH, Donaldson Company, Inc., and Parker Hannifin Corporation.

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.