Report Details

Global Industrial Air Filtration Market Size, Share, Forecast Report, 2020-2027

The report provides rational insights along with historical and forecast data to aid in better understanding of the Global Industrial Air Filtration Market. The report provides a comprehensive analysis of key factors that are expected to drive the growth of the Industrial Air Filtration market. This study also provides a detailed overview of the opportunities along with the current trends observed in the target market.

The global industrial air filtration market size was valued at USD 10.4 billion in 2019 and is expected to register a CAGR of 7.3% from 2020 to 2027. The need to control industrial air quality across a range of end use industries is a key factor anticipated to drive market growth over the forecast period. Air filtration provides an effective way to control contaminants by reducing their concentration to an acceptable level, subsequently improving the indoor air quality. Additionally, the rising need to reduce energy consumption across several industrial applications may elevate demand for an effective industrial air filtration system. Growing concerns regarding environmental health coupled with reducing raw material resources and natural depositories are primarily expected to fuel industry growth over the forecast period.

Furthermore, favorable government regulations pertaining to emission norms coupled with enforcement of workforce health and safety regulations in several regions is anticipated to drive the market over the forecast period. For instance, the Clean Air Act is the U.S. federal law designed to control air pollution on a national level. Growth of industrial and manufacturing units, automotive, and commercial sector in the region led to the implementation of several regulations concerning the industrial air filtration. Further, implementation of the Kyoto Protocol on a global level, is an effort to reduce greenhouse gas emissions that forces industries to adopt the industrial air filtration concept

Technological advancements in the industrial air filtration system is expected to provide avenues for market growth over the forecast period. For instance, usage of inhibited oxidation in wet scrubbers provides numerous advantages such as low reagent cost, low reagent usage, and low overall life cycle cost. In the inhibited oxidation process, emulsified sulfur is added to the reagent feed tank, reducing the oxidation rate to below 15%, thus allowing the usage of less expensive materials because the mechanism for corrosion has been removed. Usage of such advanced technologies and mechanisms are anticipated to drive the market for industrial air filtration.

Modern industrial air filtration products facilitate filtration system designers and plant managers to decrease operating costs and realize savings related to energy cost as well as complying with required quality standards.Several technologies are engaged for enhancing the performance and quality of industrial air filtration systems along with reducing the overall costs. The increasing need to reduce energy consumption across several industrial applications may elevate demand for an effective industrial air filtration system. Growing concerns regarding environmental health coupled with reducing raw material resources and natural depositories are primarily expected to fuel industry growth over the forecast period.

Industrial air filtration system is used across several industries including power, food, cement, metals, and pharmaceuticals. However, high capital and operating cost associated with industrial air filtration systems are expected to hinder the market for industrial air filtration. Purification of contaminated air requires advanced filtration equipment, which results in increased capital investment. This makes the overall system expensive to operate in terms of

The report covers major players operating in the market along with the key strategies implemented to achieve a competitive edge against a majority of the vendors which provides a competitive outlook of the industry. The competitive landscape further includes details about different players and their position on a global and a local level is also explained in detail in this compiled study. These insights were prepared through mapping business strategies and products that offer high revenue generation capacities. Key players of the global Industrial Air Filtration market are included as given below:

The market features the presence of both large-scale and medium-scale industrial air filtration equipment manufacturers. The major players include Honeywell International, Inc.; MANN+HUMMEL; Daikin Industries, Ltd.; Clean TeQ Holdings Limited; 3M; and SPX Corporation. These companies are aggressively investing in R&D activities to develop novel filters in order to sustain in the highly competitive market.

Furthermore, the key manufacturers are also emphasizing on strengthening their regional presence by collaborating with other players offering similar products and services to augment their market presence and achieve a competitive advantage over peers. Similarly, companies also implement inorganic growth strategies in order to enhance their product portfolio. For instance, in September 2018, Mann+Hummel announced the acquisition of U.S. based air filtration firm called Tri-Dim Filter Corp. The acquisition was aimed at the expansion of the company’s product offerings in U.S. and Canada.

The global Industrial Air Filtration market has been segmented as below:

  • Product 

    • Dust Collectors

    • Oil Mist Collectors

    • HEPA Filters

    • Cartridge Collectors & Filters (CC&F)

    • Baghouse Filters

    • Welding Fume Extractors

    • Wet Scrubbers

    • Dry Scrubbers

  • End-use

    • Cement

    • Food

    • Metals

    • Power

    • Pharmaceutical

    • Agriculture

    • Paper & Pulp and Woodworking

    • Plastic

    • Others

  • Global Industrial Air Filtration Market by Region
    • North America
    • Europe
    • Asia Pacific
    • Rest of the World

Reasons to Purchase this Report:

Estimates Industrial Air Filtration development trends with SWOT analysis

  • Detailed business profiles including product offerings, recent developments, key financial information, and strategies employed by main market players
  • Analysis of various regions and countries that includes the demand and supply based actions, which consequently have a major influence on the market’s expansion
  • Market dynamics scenario, along with growth opportunities for players in the years to come
  • Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the mentioned forecast period
  • Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects