Global Industrial Air Filtration Market size to reach USD 7.12 billion by 2022
“U.S. industrial air filtration industry is set to witness over USD 1.35 billion revenue by 2022. High installation and operational cost involved in implementation of these systems may challenge regional demand through forecast period. “
The volume of global industrial air filtration market is evaluated at 3740 million US dollars during year 2014.
Positive government rules related to norms of emissions are predicted to stimulate the growth of global industrial air filtration marketduring the estimated span. Strict implementation of occupational health & security rules in various regions is predicted to propel the industry demand during estimated period. Enhanced demand for industrial air filtration products offering high performance & improved efficacy is predicted to stimulate the expansion of the global industrial air filtration market.
The evolution of new raw substances like small fibers along with the growth of modern non woven techniques provide new opportunities for growth of the global industrial air filtration market. The industry is also predicted to experience growth due to shifting demographics, growing ecological concerns, fast urbanization and scarcity of resources.
Owing to strict legislations associated with food industry producers are focussing on offering constant supply of high quality filtered air. This aspect is predicted to stimulate the growth of the global industrial air filtration market in future. Retail production standards and codes of high risk food manufacturing practices along with the rules related with food security & hygiene offer enormous growth opportunities for the global industrial air filtration market.
Based on the product, the global industrial air filtration market is divided into dust collectors, mist collectors, cartridge collectors & filters, high efficiency particulate air filters and baghouse filters.
High efficiency particulate air filters section is predicted to experience heavy growth in future. These filters display greater efficacy and ability to remove contaminants, sub micron size particles and droplets by making use of various diffusion methods and modern particle attracting processes.
Industrial air filtration processes use low efficacy filters in the pre filters form to confine contaminants before allowing air enter concluding phase of filtration. It thus enhances the life span of the industrial air filtration products.
Depending upon application, the global industrial air filtration market is bifurcated into metals, cement, pharmaceuticals, energy and food.
The energy section, usually the nuclear sector, plays an important part in defence energy and energy generation sector. Air filtration is the main part for nuclear deployments like fuel, processing of nuclear deployments waste management, energy generating establishments and nuclear power research amenities. All this is anticipated to boost the demand and growth of the global industrial air filtration market.
The food section is predicted to experience significant growth during the estimated span and this is turn is predicted to propel the growth of the global industrial air filtration market.
Based upon the geographical location, the global industrial air filtration market is divided into APAC zone, North American subcontinent, European continent and region of rest of the world.
The industrial air filtration market of APAC zone is predicted to experience significant growth during the estimated span. Fast industrialization is predicted to propel growth of the zonal market. The zone is also predicted to experience the penetration of many pharmaceutical firms in order to match the imports & domestic exports demand.
The continent of Europe is also predicted to experience substantial growth owing to strict government rules set by European Union.
Key industry players focus on new product innovation in order to offer power effective filters. Growing highlight on reorganizing global production footprint by executing business plans like shift in sourcing business strategies and low priced off shore manufacture is predicted to be a main business growth strategy accepted by many key industry participants.
Today many key market participants are shifting their production units to the emerging economies of East Europe and China owing to easy accessibility of cheap labour.
Browse key industry insights spread across 220 pages with 59 market data tables & 53 figures & charts from the report, “Industrial Air Filtration Market Size By Application (Cement, Power, Food, Metals, Pharmaceuticals), By Product (Dust Collectors, HEPA Filters, Mist Collectors, Baghouse Filters, Cartridge Collectors & Filters), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2015 – 2022” in detail along with the table of contents:
The key market players involved in this business and contributing towards the growth & expansion of the global industrial air filtration market are as follows:
•Flow Air Filters
•Absolent Group & Bristol
•Nordic Air Filtration
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