Industrial Air Filtration Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027
The global industrial air filtration market size was valued at USD 10.4 billion in 2019 and is expected to grow at a CAGR of 7% from 2021 to 2027. Drive market growth during the forecast period. Air filtration provides a way to effectively control pollutants by lowering the concentration of pollutants to acceptable levels and improving indoor air quality. In addition, the increasing need to reduce energy consumption in a number of industrial applications may increase the demand for effective industrial air filtration systems. Increasing concerns about environmental health, along with declining raw material resources and natural reserves, are expected to boost industry growth primarily over the forecast period.
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.
Industrial Air Filtration Market Segmentations
By Product
- HEPA Filters
- Mist Collectors
- Dust Collectors
- Baghouse Filters
- Cartridge Collector Filters
By Application
- Power
- Cement
- Metals
- Food
- Pharmaceutical
- Others
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Key Questions Answered by Industrial Air Filtration Market Report
- What was the Industrial Air Filtration Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Industrial Air Filtration Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
- Which manufacturer/vendor/players in the Industrial Air Filtration Market was the market leader in 2018?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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