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Industrial Air Filtration Market

Industrial Air Filtration Market Size, Share & Segmentation by Product (Dust Collectors, Oil Mist Collectors, HEPA Filters, Cartridge Collectors & Filters (CC&F), Baghouse Filters, Welding Fume Extractors, Wet Scrubbers, Dry Scrubbers), by End Use (Cement, Food, Metals, Power, Pharmaceutical, Agriculture, Paper & Pulp and Woodworking, Plastic, Others), by Regions and Global Market Forecast 2022-2028

Report Id: SNS/EQIP/1102 | May 2022 | Region: Global | 125 Pages

Report Scope & Overview:

The Industrial Air Filtration Market size was valued at USD 9.97 Bn in 2021 and is expected to reach USD 19.06 Bn by 2028, and grow at a CAGR of 7.47% over the forecast period 2022-2028.

The need to control industrial air quality across a scope of end-use businesses is a key element expected to drive market development over the figure time frame. Air filtration gives a viable method for controlling pollutants by diminishing their fixation to an adequate level, thusly further developing indoor air quality. Also, the rising need to diminish energy utilization across a few modern applications might hoist the interest for a successful industrial air filtration framework.

Industrial Air Filtration Market Revenue Graph

Developing worries in regards to ecological wellbeing combined with diminishing unrefined substance assets and regular storehouses are fundamentally expected to fuel industry development over the conjecture time frame. industrial filters are utilized in sifting or isolating industrial oils, gases, and ointments during activities. It can isolate fluid and strong matter and permit them to go through independent outlets without intruding on the activity. Filtration arrangements are presently utilized by producers in food and refreshments, water and wastewater, oil and gas, synthetic compounds, drugs, and biotechnology.

MARKET DYNAMICS:

KEY DRIVERS:

  • Environmental regulations and standards are becoming increasingly important over the world.

  • Global industrialization is accelerating.

RESTRAINTS:

  • High capital investment

  • Slower repurchase cycle

CHALLENGES:

  • Connected with limitations in terms of functionality

  • For industrial air filtration, technological inefficiencies might be a problem.

OPPORTUNITY:

  • Filtration product digitization is crucial growth potential.

  • Industry 4.0 is being more widely adopted.

IMPACT OF COVID-19:

The COVID-19 pandemic has featured the well-being and cleanliness of modern activities and pushed for changes in this impact. Makers are answering the well-being emergency by extending their ability and helping medical care laborers and state-run administrations in checking the spread of the infection. For example, Freudenberg Performance Materials is right now expanding its ability for nonwoven media for raising the quantities of facial coverings. The cover is being delivered utilizing regular organic product removes and has the ability to catch the infection.

Nanotechnology is being utilized by businesses for limiting the progression of the infection while allowing air to course unreservedly. Ventilation frameworks utilizing this innovation can confine the development of the COVID-19 infection and let activities proceed unabated. As to the University of Houston, nanotech coatings are basic during chilly climates and keep up with indoor air quality. These coatings are supposed to be introduced all through New York City and catch infection particles.

MARKET ESTIMATION:

ON THE BASIS OF PRODUCT:

On the basis of product type, the industrial air filtration market has been isolated into dust authorities, oil fog gatherers, HEPA channels, cartridge authorities and channels, baghouse channels, welding rage extractors, wet scrubbers, and dry scrubbers. Among these, the wet scrubber’s portion held the biggest piece of the pie in 2019 and is additionally expected to observe a CAGR surpassing 7% over the conjecture period. Wet scrubbers have a predictable assortment of effectiveness, wind current, and static tension, by virtue of which it very well may be utilized in the scope of utilization where e steady wind stream is required. Be that as it may, there are not many elements hampering the development of wet scrubbers like high power utilization, consumer issues, and a high measure of waste age.

ON THE BASIS OF END-USE:

The industrial air filter in the creation vertical is of basic significance as they safeguard touchy and high-level assembling processes and decrease the gamble of microbiological as well as sub-atomic pollution. These purifiers principally track down the applications in concrete, food, horticulture, drug, metal handling, mash and paper, plastic, and power ventures. The power portion caught a portion of over 19% in the general market for modern air filtration in 2019 and is supposed to enlist a CAGR of 7.0% from 2020 to 2027. The market is supposed to observe impressive development as modern air filtration frameworks help handle harmful, risky, and radioactive gas streams. Besides, power age plants need to obligatorily keep up with air and gas stream rates inside the ecological boundaries, prompting the expanded utilization of such decontamination hardware.

KEY MARKET SEGMENTS:

ON THE BASIS OF PRODUCT:

  • Dust Collectors

  • Oil Mist Collectors

  • HEPA Filters

  • Cartridge Collectors & Filters (CC&F)

  • Baghouse Filters

  • Welding Fume Extractors

  • Wet Scrubbers

  • Dry Scrubbers

ON THE BASIS OF END-USE:

  • Cement

  • Food

  • Metals

  • Power

  • Pharmaceutical

  • Agriculture

  • Paper & Pulp and Woodworking

  • Plastic

  • Others

Industrial Air Filtration Market Segment Chart

KEY PLAYERS:

The major key players are Ahlstrom-Munksjö, Air Filters, Inc., American Air Filter Company Inc. (Daikin Industries Ltd), Camfil, Donaldson Company, Inc., Filtration Group Freudenberg Filtration Technologies SE & Co. KG, Lydall, Inc., MANN+HUMMEL, Parker-Hannifin Corporation.

REGIONAL ANALYSIS:

Europe held the biggest piece of the pie and represented over 27.0% of the worldwide market for industrial air filtration that year. The food business in Europe is exceptionally broadened and is portrayed by the presence of a few limited scope organizations. It is normal to observe solid development over the course of the following couple of years, as most would consider being normal to drive the territorial market. Latin America held a humble offer in 2021, however, is supposed to record a sound development at a CAGR surpassing 7.5% over the course of the following seven years. This development is ascribed to the rising interest in the metal and food and drink ventures in the area.

The Asia Pacific market for industrial air filtration is supposed to show a CAGR of over 8% over the gauge period. Quick industrialization and expanding per capita pay are supposed to drive the local market. China is supposed to arise as an overall center for modern air filtration gear production attributable to its low work and foundation costs. In addition, the area is ventured to observe the passage of a few drug organizations to meet homegrown commodity and import requests, in this manner helping provincial development.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Industrial Air Filtration Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 9.97 Billion
Market Size by 2028 US$ 19.06  Billion
CAGR CAGR of 7.47% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by Module Type (Intelligent Power module, Power Integrated module)
• by Propulsion (Electric vehicles, ICE vehicles)
• by Vehicle Type (Passenger cars, Commercial vehicles)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Ahlstrom-Munksjö, Air Filters, Inc., American Air Filter Company Inc. (Daikin Industries Ltd), Camfil, Donaldson Company, Inc., Filtration Group Freudenberg Filtration Technologies SE & Co. KG, Lydall, Inc., MANN+HUMMEL, Parker-Hannifin Corporation.
Key Drivers •Environmental regulations and standards are becoming increasingly important over the world.
•Global industrialization is accelerating.
RESTRAINTS •High capital investment
•Slower repurchase cycle


Frequently Asked Questions (FAQ) :

Ans: - The forecast period of the Industrial Air Filtration market is 2022-2028.

Ans: - Connected with limitations in terms of functionality and for industrial air filtration, technological inefficiencies might be a problem.

 

Ans: - Europe held the largest market share of the Industrial Air Filtration market.

Ans. The primary growth tactics of Industrial Air Filtration market participants include merger and acquisition, business expansion, and product launch.

Ans: - Key Stakeholders Considered in the study are Raw material vendors, Regulatory authorities, including government agencies and NGOs, Commercial research, and development (R&D) institutions, Importers and exporters, etc.

 


Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine- Russia War 

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8. Industrial Air Filtration Market Segmentation, by Product

8.1 Dust Collectors

8.2 Oil Mist Collectors

8.3 HEPA Filters

8.4 Cartridge Collectors & Filters (CC&F)

8.5 Baghouse Filters

8.6 Welding Fume Extractors

8.7 Wet Scrubbers

8.8 Dry Scrubbers

 

9.  Industrial Air Filtration Market Segmentation, by End-Use

9.1 Cement

9.2 Food

9.3 Metals

9.4 Power

9.5 Pharmaceutical

9.6 Agriculture

9.7 Paper & Pulp and Woodworking

9.8 Plastic

9.9 Others


10. Regional Analysis

10.1 Introduction

10.2 North America

10.2.1 USA

10.2.2 Canada

10.2.3 Mexico

10.3 Europe

10.3.1Germany

10.3.2 UK

10.3.3 France

10.3.4 Italy

10.3.5 Spain

10.3.6 The Netherlands

10.3.7 Rest of Europe

10.4 Asia-Pacific

10.4.1 Japan

10.4.2 South Korea

10.4.3 China

10.4.4 India

10.4.5 Australia

10.4.6 Rest of Asia-Pacific

10.5 The Middle East & Africa

10.5.1 Israel

10.5.2 UAE

10.5.3 South Africa

10.5.4 Rest

10.6 Latin America

10.6.1 Brazil

10.6.2 Argentina

10.6.3 Rest of Latin America

 

11. Company Profiles

11.1 Carrier Global Corporation

11.1.1 Financial

11.1.2 Products/ Services Offered

11.1.3 SWOT Analysis

11.1.4 The SNS view

11.2 Daikin Industries

11.3 Danfoss

11.4 Delta Controls

11.5 Emerson Electric

11.6 Honeywell International Inc

11.7 Johnson Controls

11.8 LG Electronics

11.9 Schneider Electric

11.10 Siemens

 

12. Competitive Landscape

12.1 Competitive Benchmarking

12.2 Market Share Analysis

12.3 Recent Developments

 

13. Conclusion

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Secondary Research

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