PUBLISHER: Market Research Future | PRODUCT CODE: 1679119
PUBLISHER: Market Research Future | PRODUCT CODE: 1679119
Global Industrial Air Filtration Market Research Report By Filtration Technology (Mechanical Filtration, Electrostatic Precipitation, Wet Scrubbing, Fabric Filtration (Baghouse), Activated Carbon Adsorption), By Application (General Industrial, Pharmaceutical, Food and Beverage, Power Generation, Chemical and Petrochemical), By Industry Vertical (Mining, Construction, Automotive, Electronics, Aerospace), By Filter Type (Cartridge Filters, Pleated Filters, HEPA Filters, ULPA Filters, Panel Filters) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) Forecast to 2032
Over the course of the projected period, the industrial air filtration industry is anticipated to grow at a CAGR (growth rate) of about 6.0%.
One of the main factors propelling the industrial air filtration market is the rising awareness of the health risks linked to industrial air pollution. Manufacturers are being forced to implement effective air filtering systems by strict government requirements and environmental protection programs. The need for industrial air filtering systems is also being fueled by the growing number of businesses that produce large amounts of pollutants, such as manufacturing, healthcare, and power generation.
In the years to come, the industrial air filtration market is anticipated to expand considerably. Globally, there is a greater need for industrial air filtration as a result of worries about air quality. On the one hand, the market has expanded as a result of numerous governments enacting stricter environmental laws. However, given the severity of air pollution, particularly in urban areas where pollution concentrations are often greater, the business is anticipated to expand organically. Industries need to solve the problem and cut their emissions in the current environment. By gathering and eliminating contaminants, contemporary industrial air filtration systems can significantly improve air quality. Furthermore, there has been a greater need for clean air in recent years, which has raised awareness of the problem in general.
Perspectives on Market Segments
It is fueled by the industrial sector's growing need for clean air as well as growing public awareness of the harm that air pollution does to human health. One of the most important parts of an industrial air filtration system is filtering technology. Wet scrubbing, electrostatic precipitation, and mechanical filtering are the primary methods used by industrial air filtration systems to eliminate pollutants, gases, and particle matter. Every technology has benefits and drawbacks.
General Industrial, Pharmaceutical, Food and Beverage, Power Generation, and Chemical and Petrochemical are the application-based market segments for industrial air filtration.
Mining, construction, automotive, electronics, and aerospace are the industry verticals into which the industrial air filtration market is divided.
Regional Perspectives
North America, Europe, APAC, South America, and MEA make up the various segments of the industrial air filtration market. About 30% of revenue came from the North American market in 2023, and it is anticipated to grow at a CAGR of 4.5% over the course of the projection period. Europe's market share was approximately 25% in 2023, and it is expected to increase at a compound annual growth rate (CAGR) of 4.2% between 2023 and 2032.
Because growing economies like China and India are becoming more industrialized and urbanized, the APAC area is expected to have the greatest CAGR of 5.5% over the course of the projected period. Over the course of the forecast period, moderate growth is anticipated in South America and MEA. The increasing need for industrial air filtering systems across a range of industries, such as manufacturing, mining, and power generation, is the reason for the expansion in these areas.
Freudenberg Filtration Technologies, Pall Corporation, CLARCOR Inc., Eaton Corporation, Tenneco Inc., Sogefi Group, Camfil, WIX Filters, Purex Corporation, Parker Hannifin Corporation, Hengst SE Co. KG, Donaldson Company Incorporated, Daikin Industries Ltd, MANN+HUMMEL, and 3M are important players in the industrial air filtration market.