Overview and Scope
Industrial air filtration is the removal of solid particles and molecular pollutants from industrial operations to enhance air quality within a system or environment. It is used to keep hazardous contaminants out of equipment as well as to clean the air and gas streams for personnel and the workplace environment.
Sizing and Forecast
The industrial air filtration market size has grown strongly in recent years. It will grow from $14.16 billion in 2023 to $15.28 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to health and safety awareness, growing industrialization, global economic trends, innovation in material science, cost savings through energy efficiency.
The industrial air filtration market size is expected to see strong growth in the next few years. It will grow to $20.55 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to industry 4.0 integration, rising awareness of air quality, expansion of end-use industries, focus on sustainable practices, pandemic preparedness. Major trends in the forecast period include rising demand for clean air solutions, stringent environmental regulations, technological advancements, global impact of pandemic preparedness, focus on energy efficiency.
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Segmentation & Regional Insights
The industrial air filtration market covered in this report is segmented –
1) By Product: Dust Collectors, Mist Collectors, Fume Collectors, HEPA Filters, Cartridge Collectors And Filters, Baghouse Filters, Other Products
2) By Application: New System, Replacements
3) By End-User: Cement, Food And Beverages, Metal, Power, Pharmaceutical, Chemical And Petrochemical, Paper And Wood Processing, Agriculture, Others End users
North America was the largest region in the industrial air filtration market in 2023. The regions covered in the industrial air filtration market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
A rise in air pollution levels globally is expected to propel the growth of the industrial air filtration market going forward. Air pollution is the emission of pollutants into the atmosphere that are harmful to human health and the environment. Industrial air filters are designed to capture pollutants and poisons in the air and prevent them from escaping into the environment. Emissions might be significantly reduced by installing these filters in factories and other industrial settings, improving the quality of the air around them. For instance, in March 2021, according to IQAir’s global air quality data platform, average particle pollution levels in the United States increased by 7% in 2021. Therefore, the rise in air pollution levels globally drives the industrial air filtration market.
Key Industry Players
Major companies operating in the industrial air filtration market report are American Air Filter Company Inc., Camfil Svenska AB, Parker Hannifin Corporation, Cummins Inc., Donaldson Company Inc., MANN+HUMMEL GmbH., SPX Corporation, Honeywell International Incorporated., ALFA LAVAL AB, Freudenberg & Co. KG, Air Filter Industries Pvt. Ltd., BWF Offermann Waldenfels & Co. KG, Pall Corporation, Flanders Corporation, Lydall Inc., Kaeser Compressors Inc., Master Fluid Solutions, Metalfab MHS LLC, Midwesco Filter Resources Inc., Polycold Systems Inc., Porvair Sciences PLC, Purafil Inc., QVF Process Systems Inc., Sefar Holding AG, Siemens AG, Sutorbilt Inc., Trane, Graver Technologies LLC, Nederman Holding AB, Walterscheid Powertrain Group .
The industrial air filtration market report table of contents includes:
1. Executive Summary
2. Industrial Air Filtration Market Characteristics
3. Industrial Air Filtration Market Trends And Strategies
4. Industrial Air Filtration Market – Macro Economic Scenario
5. Global Industrial Air Filtration Market Size and Growth
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31. Global Industrial Air Filtration Market Competitive Benchmarking
32. Global Industrial Air Filtration Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Industrial Air Filtration Market
34. Industrial Air Filtration Market Future Outlook and Potential Analysis
35. Appendix
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