The Gas Phase Filtration Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Gas Phase Filtration Global Market Report 2024, The gas phase filtration market size has grown strongly in recent years. It will grow from $1.99 billion in 2023 to $2.1 billion in 2024 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to hybrid filtration approaches, healthcare facility requirements, r&d investments, specialty filtration demands, market globalization..
The gas phase filtration market size is expected to see strong growth in the next few years. It will grow to $2.6 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to tightening environmental regulations, health and safety priorities, energy efficiency focus, urbanization and air quality challenges, specialized filtration needs.. Major trends in the forecast period include adoption of hybrid filtration solutions, stringent environmental regulations, industrial technological innovations..
The growing concerns due to air pollution is expected to drive the gas phase filtration market. Air pollution causes the contamination of air with unwanted substances. Gas phase filtration is useful to get rid of odors and gaseous pollutants from the air in buildings, hospitals, workplaces, and other places where contamination issues are a problem. Filters can readily replace existing HVAC filters without requiring any modifications. For instance, according to the World Health Organization (WHO), a Switzerland-based specialized agency of the United Nations responsible for international public health, in 2021, an average of 7 million people died from air pollution. Out of which, 4.2 million deaths were from outdoor pollution and 3.8 million deaths were from indoor pollution. Therefore, growing concerns due to air pollution will propel the growth of the gas phase filtration market.
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The gas phase filtration market covered in this report is segmented –
1) By Type: Packed Bed Filters, Combination Filters
2) By Filter: Granular Activated Carbon, Potassium Permanganate, Impregnated Activated Carbon
3) By End User: Pulp And Paper Industry, Chemicals And Petrochemicals Industry, Metals And Mining Industry, Food And Beverages Industry, Healthcare Industry, Utilities Industry, Semiconductor Manufacturing Industry, Other End Users
Product innovation is a key trends gaining popularity in the gas phase filtration market. Major companies in the gas phase filtration sector are focused on developing innovative products to sustain their market position. For instance, in August 2023, Camfil a Sweden-based air filter company launched CamCarb XG HVAC air filter. The CamCarb XG has a one-of-a-kind combination of high removal efficiency, low airflow resistance, and long lifetime, resulting in a very low Total Cost of Ownership (TCO).
Major Players:
- Camfil AB
- American Air Filter Company Inc.
- Donaldson Company Inc.
- Freudenberg SE
- MANN+HUMMEL GmbH
The gas phase filtration market report table of contents includes:
1. Executive Summary
2. Gas Phase Filtration Market Characteristics
3. Gas Phase Filtration Market Trends And Strategies
4. Gas Phase Filtration Market – Macro Economic Scenario
5. Global Gas Phase Filtration Market Size and Growth
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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