Industrial Air Filtration Market may surpass USD 6.5 billion by 2024. Increasing industrial and infrastructural development with growing demand for high performance & energy efficient products may witness significant growth in industrial air filtration market.
Sellbyville, DE -- (SBWIRE) -- 12/10/2018 -- Industrial Air Filtration Market may surpass USD 6.5 billion by 2024. Increasing industrial and infrastructural development with growing demand for high performance & energy efficient products may witness significant growth in industrial air filtration market. Growing consciousness towards environment and strict regulatory norms regarding air treatment & disposable to reduce atmospheric pollution and protect environment are likely to further support industrial air filtration market growth.
Essentially powered by the increasing deployment of air quality mapping platforms, industrial air filtration market has been witnessing remarkable growth lately. Since the last few years, industrialization trends across the globe have resulted in a severe rise in air pollution levels, the disastrous effects of which have been manifested on biodiversity. In fact, in a few countries, many people have even lost their lives because of health problems created due to polluted air. For the record, in 2012, the World Health Organization (WHO) reported that 7 million of the global populace lost their lives because of rising air pollution levels worldwide.
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Post OSHA's recommendation, many U.S. companies were found to have planned for ventilation, air treatments, and preventive maintenance with regards to air contamination and its impact on employees' health. Considering the growing need of air treatment facilities across many countries, many giants in industrial air filtration industry have been involved in brainstorming innovative air filtration technologies.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
Andrew Industries (acquired by Lydall)
Freudenberg & Co. Kg.
Filtration Group (Mahle Industrial Filtration)
Nordic Air Filtration
Technische Textilien Lörrach Gmbh & Co. Kg
L. Gore & Associates
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Industrial air filtration market in dust collectors may surpass USD 1.5 billion by 2024. Rising industrial sector results in dust extraction from cement and mining industries which in turn will support industry demand for this segment. Furthermore, the upsurge demand for dust collectors in food & beverage industry owing to rise in consumer health concerns, thus stimulating industry growth.
Mist collectors market demand should witness significant gains at over 7% by 2024. It is ideally used in food processing sector as they offer several benefits like removal of fumes, steam, oil & coolant mists from food & beverage manufacturing units may fuel the market demand over the foreseeable period.
Industrial air filtration has wide application usage in cement industry and may surpass USD 900 million by 2024. It is widely used for dedusting of cement mills and avert dust pollutants at various stages such as material transfer, limestone quarrying and primary & secondary crushing will enhance industry growth.
Industrial Air Filtration Market By Product
Industrial Air Filtration Market By Application
Feed and raw grain agricultural products
Eggshell and dust
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Industrial air filtration market from metal application may register gains close to 7.5% by 2024. Metal industries operates at high temperatures and produce lot of dust particles thus inducing the market demand. Growing demand for energy efficient filtration system will minimize energy cost for detoxifying air thus, inducing high demand in aluminum and steel industries.
North America led by the U.S. and Canada industrial air filtration market may witness gains at over 7% by the end of forecast period. Strict regulatory norms towards safe working environment for workers & standards set for environment protection may enhance regional growth. Rise in demand for pharmaceutical industry owing to various research & development in health care products may stimulate industry growth.
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Asia Pacific led by, China and India industrial air filtration market may exceed USD 1.6 billion by 2024. The growth in demand can be attributed owing to high penetration of products across cement industry, pharmaceutical and power industry. Increasing implementation of these products in nuclear installations like, power generation units, fuel processing installations and nuclear energy research facilities, may propel the industry growth.
Global industrial air filtration market share is fragmented with key players including AAF, Absolent Group, BWF Protec, Camfil Group, Cummins, Clarcor, AGET Manufacturing, Gutsche, Kayser, SPX Corporation, Pall Corporation and Purafill.
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HVAC Filters Market to reach USD 13 bn by 2024
HVAC Filters Market size is set to surpass USD 13 billion by 2024; according to a new research report by Global Market Insights, Inc. Growing consumer awareness for contamination free air and reduction in airborne diseases would propel HVAC filters industry growth. Particulate contaminants include several airborne physical matters like microorganisms, pollens, dust, smoke, and fumes which are harmful for environment. The product provides effective means to control toxins by reducing their concentrations to adequate levels or eradicating them from the ventilation air, thereby stimulating market growth.
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