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2019 – 24, Industrial Air Filtration Market to register considerable gains from food and pharma sectors

Author : Rahul Varpe | Published Date : 2019-09-30 

The Industrial Air Filtration market report, added by Global Market Insights descriptively covers the present & future growth trends, in addition to highlighting the global expanse of this industry and elaborating the regional share and contribution of each region of the Industrial Air Filtration market. The study evaluates the competitive environment, strategies undertaken by prominent players, supply & demand analysis, and revenue growth statistics.

The Occupational Safety and Health Organization (OSHA) in the U.S., that has released recommendations to employers regarding the improvement of air quality at the workplace. In fact, it has also mandated the use of air filtration systems for maintaining the quality of indoor as well as outdoor air. Growing concerns about the health hazards to the employees working in an air contaminated environment is poised to propel U.S. industrial air filtration market trends over the years ahead.

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Driven by rapid industrialization and the consistent threats plaguing the environment, industrial air filtration market has turned out to be one of the most productive verticals over the recent years. With industries such as automotive, transportation, power generation, and oil & gas having earned the tag of emitting GHGs on a large scale and negatively impacting biodiversity, regulatory bodies have worked to implement norms to mandate the deployment of air treatment facilities at every industry. This has, in consequence, led to increased industrial air filtration industry demand in the recent years.

The U.S. stands as a major growth ground for North America industrial air filtration industry. Driven by the strict regulatory spectrum and the expanding food and pharma sectors, North America industrial air filtration market size is anticipated to cross USD 1.5 billion by 2024.

As per the survey carried out by U.S. Environmental Protection Agency (EPA), ever since 1990, the power generation sector alone has been accounting for nearly 31% greenhouse gas emission, followed by transportation industry responsible for almost 27% emission. Quite overly, most of the companies contributing to the aforementioned industry sectors have been continuously conducting research and development activities to improve the quality of gases emitted from their facilities.

Industrial Air Filtration Market by Application

  1. Cement
  2. Food
  3. Metal
  4. Power
  5. Pharmaceuticals
  6. Others

Industrial Air Filtration Market by Product

  1. Dust collectors
  2. Mist collectors
  3. HEPA filters
  4. CCF
  5. Baghouse filters

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Apart from established magnates, the notable contribution of startups toward industrial air filtration industry expansion is not to be ignored. In essence, powered by the support of regulatory organizations and industry biggies, by the end of 2024, industrial air filtration market will surpass revenue collection of USD 6.5 billion.

Rapid industrialization across the globe is tandem with the growing awareness regarding the importance of maintaining air quality is certain to lend a positive outlook to industrial air filtration market. In order to comply with the stringent regulatory framework, most of the firms have been looking forward to installing air treatment facilities at their workplaces. Driven by the surging requirement of highly efficient and cost-effective air filtration systems, giants in industrial air filtration industry have been investing heavily in research and development activities on a large scale.

Global industrial air filtration market share is fragmented with key players including AAF, Absolent Group, BWF Protec, Camfil Group, Cummins, Clarcor, AGET Manufacturing, Gutsche, Kayser, SPX Corporation, Pall Corporation and Purafill.

The innovative approach of AirOK Technologies to develop new products has set a new benchmark for the other contributors in industrial air filtration market. The consistency in novel product launches and the emergence of new players in industrial air filtration industry is expected to strengthen the competitive spectrum of this business space over the years ahead.

Related News: https://www.marketwatch.com/press-release/roofing-underlayment-market-revenue-statistics-and-growth-projections-by-regional-players-2019-2024-2019-09-30

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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