The global industrial air filtration market size is anticipated to expand at a CAGR of 7.09% and is projected to reach USD 18.09 billion during the forecast period, between 2021 and 2028. Growing adoption by various industries is attributed to the benefits provided by industrial air filtration such as it decreases maintenance costs and enhances equipment life by increasing productivity, which is expected to boost the market during the forecast period.
Industrial air filters are devices designed to remove solid particulates, molecular contaminants, and harmful particles to improve the air in a system or environment. Air filters consist of a sturdy frame that is filled with some type of filter media, which is sealed to prevent leaks between the frame and media. Smoke, dust, and mist are common issues in industries while manufacturing is done. The purpose of air filters is to prevent air contaminants by using air filters from entering into the operation of business by capturing particles. Industrial air filtration systems provide several benefits to the manufacturing industries such as it improves the quality of ambient air and issues with the products while manufacturing, removing harmful airborne diseases, and reducing health risks of employees or workers.
Market Trends, Drivers, Restraints, and Opportunities:
- Rising health-related environmental and reduction in raw material resources and natural depositors is boosting the market.
- Growing need to control air quality and the rising need to reduce energy consumption across various industries is driving the market.
- Favourable policies imposed by the government related to workers' health and safety and emission norms such as Kyoto Protocol is fueling the market.
- High cost associated with capital investments and slow repurchase cycle of industrial air filtration is hampering the market.
- Technological advancements in the industrial air filtration system such as the use of inhibited oxidation processes in wet scrubbers are creating opportunities in the market to grow.
Scope of the report:
The report on global industrial air filtration market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
Attributes
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Details
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Report Title
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Industrial Air Filtration Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018–2019
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Forecast Period
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2021–2028
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Segmentation
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Products (Dust Collectors, Oil Mist Collectors, HEPA Filters, Cartridge Collectors & Filters (CC&F), Baghouse Filters, Welding Fume Extractors, Wet Scrubbers, and Dry Scrubbers), End-users (Cement, Food, Metals, Power, Pharmaceuticals, Agriculture, Paper & Pulp and Woodworking, Plastics, and Others)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Market scope, analysis, share, competitive analysis, Divers, restraints, opportunities, and revenue forecast
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Key Players Covered in the Report
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3M, Camfil, DAIKIN INDUSTRIES, Ltd, Donaldson Company, Inc, DuPont de Nemours, Inc, Honeyville Metal, Inc, iectop.com, KLEAN Environmental Technology Co., Ltd, MANN+HUMMEL, and Rieco Industries Limited
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Industrial Air Filtration Market Segment Insights:
Dry scrubber segment to grow during the anticipated period
In terms of products, the global industrial air filtration market is segmented into dust collectors, oil mist collectors, HEPA filters, cartridge collectors & filters (CC&F), baghouse filters, welding fume extractors, wet scrubbers, and dry scrubbers. The wet segment held a considerable share of the market in 2020, due to its consistent collection efficiency, static pressure, and consistent airflow. The dry scrubber segment is expected to hold a significant share of the market during the forecast period, due to growing usage in a range of applications. Dry scrubbers provide several benefits to the users such as high corrosion resistance, low operating cost, less waste generation, and improving productivity, which is anticipated to propel the segment during the forecast period.
Food segment to grow at a significant pace in the near future
Based on end-users, the industrial air filtration market is segregated into cement, food, metals, power, pharmaceuticals, agriculture, paper & pulp and woodworking, plastics, and others. The power segment constituted a significant market share in 2020; industrial air filtration helps the power industry to handle toxic, radioactive gas streams and hazardous air. Furthermore, power generation plants have to compulsory maintain the air and gas flow rates within the environmental parameters. The food segment is estimated to register rapid growth, due to the food industries have to necessarily maintain air quality for preserving food products. Air filtration system guaranteed the supply of high-quality filtered air. Moreover increasing responsibility and focus by manufacturers on food safety measures and to follow food safety standards. These factors are anticipated to propel the segment during the forecast period.
Market in Asia Pacific is projected to grow the forecasted period
In terms of regions, the global industrial air filtration market is split into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Europe constituted a significant share of the market in 2020, due to the presence of several small-scale businesses in the food industry. The market in the Asia Pacific is projected to expand at a significant CAGR during the forecast period, due to the availability of low-cost labour and low infrastructure cost. China is expected to emerge as a worldwide hub for manufacturing industrial air filtration equipment. Moreover, the growing industrialization and increasing per capita income are propelling the market in Asia Pacific.
Segments
By Products
- Dust Collectors
- Oil Mist Collectors
- HEPA Filters
- Cartridge Collectors & Filters (CC&F)
- Baghouse Filters
- Welding Fume Extractors
- Wet Scrubbers
- Dry Scrubbers
By End-users
- Cement
- Food
- Metals
- Power
- Pharmaceuticals
- Agriculture
- Paper & Pulp and Woodworking
- Plastics
- Others
By Regions
- North America
- Europe
- Latin America
- Asia Pacific
- Middle East & Africa
By Key Players
- 3M
- Camfil
- DAIKIN INDUSTRIES, Ltd
- Donaldson Company, Inc
- DuPont de Nemours, Inc
- Honeyville Metal, Inc
- iectop.com
- KLEAN Environmental Technology Co., Ltd
- MANN+HUMMEL
- Rieco Industries Limited
Competitive Landscape
Key players in the global industrial air filtration market include 3M, Camfil, DAIKIN INDUSTRIES, Ltd, Donaldson Company, Inc, DuPont de Nemours, Inc, Honeyville Metal, Inc, iectop.com, KLEAN Environmental Technology Co., Ltd, MANN+HUMMEL, and Rieco Industries Limited. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.