Asia Pacific Air Filtration Market Study with Regional Growth Opportunities Till 2023 Including Leading Companies: Cummins, Purafil, ACDelco, Denso, Clarcor
The rising need to optimize energy consumption, reduce vehicle emissions, conserve energy, and reduce environmental pollution will impel Asia Pacific air filtration industry over 2016-2023.
Sellbyville, DE -- (SBWire) -- 05/09/2019 --Global Market Insights recently introduced new report on global Asia Pacific Air Filtration market with an in-depth study providing complete analysis of the industry size, share and statistics for the period 2019 to 2023. It also provides complete overview of Asia Pacific Air Filtration industry considering all the major industry trends, market dynamics and competitive scenario.
Air filters are prominently used in research facilities, laboratories, hospitals, power generation units, fuel processing sectors, and waste management to help get rid of pollutants, pollens, dust, debris, mist, oil droplets, abrasion particles, contaminants, and other coarse particulates, thereby driving Asia Pacific air filtration market. The rising need to optimize energy consumption, reduce vehicle emissions, conserve energy, and reduce environmental pollution will impel Asia Pacific air filtration industry over 2016-2023.
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Asia Pacific air filtration market growth is characterized by the necessity to conserve energy and increase engine efficiency by means of enhancing the existing emission control systems. Air filters basically help filter out the impurities in the air, including, but not limited to pollen, bacteria, dust, and mold. Combined with a catalyst, air filters help absorb pollutants and odors from the atmosphere as well. Their extensive utilization in numerous applications such as cement, pharmaceuticals, food, and power generation sectors will stimulate Asia Pacific air filtration industry, given that the region is touted to have enormous growth prospects in the aforementioned application domains.
Mist collectors, a vital product of Asia Pacific air filtration market, have numerous applications in metal processing and the food & beverage sectors. Subject to this factor, Asia Pacific air filtration mist collectors market will grow significantly over the next few years.
Dust collectors, another key industrial product, is highly capable of removing dust from heavy industrial operations and requires minimal maintenance, subject to which Asia Pacific air filtration dust collectors industry will witness a significant growth rate over 2016-2023.
Air filters are extensively deployed in electricity generation units, owing to which Asia Pacific air filtration market from power applications will record an annual growth rate of 9.7% over 2016-2023.
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Growing environmental awareness, the need to conserve energy on a large scale, and rapid industrialization and urbanization will fuel Asia Pacific Air Filtration Market size, slated to cross a revenue of USD 6.6 billion by 2023, with a CAGR projection of 8.6% over 2016-2023.
Automotive products held more than 55% of Asia Pacific air filtration industry share in 2015. These products primarily encompass cabin and intake filters, which absorb dust, debris, and other solid particulates that pose a harm to auto cylinders and pistons. In addition, they preserve the air-fuel mixture, helping the engine to function efficiently, minimize ignition problems, aiding limited fuel consumption, and improve emission control systems, thereby reducing emissions.
China being one of the most lucrative avenues for the automotive and industrial sectors, will witness high demand for air filters. Asia Pacific air filtration industry from China is estimated to grow at a CAGR of 9% over 2016-2023, driven by the rise in the number of automobiles and the prevalence of an enormous number of power and cement industries in the region.
The Asia Pacific Air Filtration market report offers detailed competitive landscape of the global market. It includes companies, industry statistics, market share analysis and product portfolio of the major industry participants. The report provides detailed segmentation of the Asia Pacific Air Filtration market based on product, technology, end user and region.
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Major companies in Asia Pacific air filtration market include:
- Cummins
- Purafil
- ACDelco
- Mann+Hummel
- Denso
- Clarcor
- Mahle
- K&N Engineering
- Donaldson
- Sogefi Group
- Camfil Group
- Nederman
- W.L. Gore & Associates
Recently, K&N Engineering featured their new range of innovative air filters embedded with superior efficiency and capacity for off-road conditions, at the 2017 UTV World Championship. In March 2017, even the Audi Customer Sports Racing Australia deployed K&N air filters for their R8 GT3 fleet. Such recurrent efforts by industry players will positively impact Asia Pacific air filtration industry.
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