PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1479924
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1479924
The gas phase filtration market is projected to grow at a CAGR of 4.94% during the forecast period to reach US$2.909 billion by 2029, from US$2.076 billion in 2022.
The method of purifying the air present in the surroundings of the filter is gas phase filtration. These are available in the form of pellets and require timely replacement once it has reached their limit of absorption of impurities.
The market for gas-phase filtration will continue to develop as people become more concerned about the negative health implications of poor air quality in outdoor and indoor environments. Gas filtration systems safeguard electronic equipment from corrosion caused by airborne pollutants while also purifying odorous air.
Sulfur and nitric oxides, formaldehyde, hydrocarbons, organic acids, volatile organic compounds, and other impurities are removed using a gas phase filtering system.
The market is expected to develop rapidly as a result of growing industrialization and increased industrial waste. The gas-phase filtration market is driven by an increase in demand due to increased awareness about the negative effects of poor air quality on human health and a strong focus on the filtration of corrosive and poisonous gases in various end-user sectors.
Due to increased awareness about the negative effects of poor air quality on human health and a strong focus on filtration of corrosive and poisonous gases in various end-user sectors
Adoption of the system by business and commercial environments such as data centers, computer rooms, museums, and libraries, as well as an increase in the acceptance of these filters as air quality checks in several industries, all contribute to the growth of the gas phase filtration market.
Technological developments and untapped potential in emerging countries all present significant growth chances. The gas phase filtration market would also benefit from regulations relating to carbon dioxide emission restrictions.
Market expansion is being stifled by issues such as poor economic conditions and inefficiency in meeting customer design requests across industries. The gas-phase filtration market may be hampered by the periodic replacement of gas filtration media.
By type, the gas phase filtration market is segmented into packed (thin) bed filters and combination (deep) filters.
The packed bed filters segment is expected to have a significant market share. The need for this market is being driven by factors such as the high efficiency of removing aberrant gases and managing smells in various industries such as chemicals, pulp and paper, and petrochemicals, as well as healthcare.
APAC is anticipated to hold a significant share of the gas phase filtration market-
The Asia Pacific market is predicted to develop rapidly owing to the economic growth of various rising economies, including India and China. Furthermore, because of the low-cost labor and readily available raw materials, some foreign corporations have been drawn to establish production facilities in the Asia Pacific.
In addition, new power production stations are being built in the region to meet the region's expanding energy demand from various sectors. All of these reasons are projected to drive the gas phase filtration market in the Asia Pacific forward.