Industrial Air Filtration Market Update, Analysis, Forecast, 2018 – 2024
Industrial air filtration market from food applications is projected to grow with a growth rate over 7% during the forecast timeframe. Food processing industry requires compressed air to preserve food. Therefore, there is a need for clean and purified compressed air, where it is strictly monitored for safety and hygiene of the products and users.
China Industrial air filtration market size is
expected to reach over USD 900 million by 2024 owing to the increasing demand
in various end-use sectors such as food & beverage, metal manufacturing,
and pharmaceutical industries. Economic developments in this region will
further increase the demand for sophisticated air filtration solutions.
Industrial Air Filtration Market size is set to surpass
USD 6.5 billion by 2024. Global industrial air filtration market is growing due
to various factors such as environmental awareness, rapid industrialization and
efficient production and energy efficiency. This technology assists
in improving overall system reliability along with saving energy. However lower
sales of these equipment due to recent economic recession in regions like Europe
has led to limiting growth of global market.
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Mist
collectors market is expected to grow over 7% during the forecast timeframe. It
can be credited to its compliance with indoor air quality standards and clean
air benefits reducing the adverse effects of exposure to metalworking, reduced
housekeeping & maintenance costs, and improved part quality. The adoption
of mist collectors in the food processing industry is anticipated to rise
rapidly as they are used in the removal of oil mist, fumes, steam, and coolant
mist from food & beverage manufacturing processes.
Baghouse filters market size
is projected to reach over USD 1 billion by the end of 2024. These are used in
varied sectors from household to industrial applications such as cement, food
and coal-powered plants. They are efficient and can be used for rugged
applications, but they need high maintenance and require a dry environment for
their operation. Their usage can be limited to certain chemicals and operating
conditions.
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Andrew
Industries, BWF Protec, Absolent Group, Camfil Group, AAF, and Cummins, Inc.
are key players in industrial air filtration market. Strong R&D spending by
manufacturers in order to comply with various environmental regulations may
improve and expand product ranges thereby stimulating industry growth.
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Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com/
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Industrial Air Filtration Market Update, Analysis, Forecast, 2018 – 2024
Reviewed by Pradip Varpe
on
July 30, 2018
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