2019-2024, Industrial Air Filtration Market Revenue, Growth By Regional Players Pall Corporation, MANN+HUMMEL Group, W. L. Gore & Associates, Cummins Inc., Donaldson

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. Essentially powered by the increasing deployment of air quality mapping platforms, Industrial Air Filtration Market has been witnessing remarkable growth lately.

Given the overt fact that air pollution leads to several respiratory and chronic pulmonary diseases, regional governments have taken initiatives to increase the quality of indoor as well as outdoor air. In order to comply with the regulatory framework mandated with regards to air pollution, most of the companies are now installing different types of air filtering equipment at their facilities – a factor that will favorably impel industrial air filtration industry share.

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In fact, in a few countries, many people have even lost their lives because of health problems created due to polluted air. For the record, in 2012, the World Health Organization (WHO) reported that 7 million of the global populace lost their lives because of rising air pollution levels worldwide.

Since the last few years, industrialization trends across the globe have resulted in a severe rise in air pollution levels, the disastrous effects of which have been manifested on biodiversity.

Taking into account the cost-effective benefits of deploying air filtration systems at the workplace, many companies have been striving to install the same on a large scale, especially across the developed economies, fueling industrial air filtration market size. In the U.S., the regulatory bodies like the Occupational Safety and Health Administration play a pivotal role in encouraging companies to install air quality enhancement equipment for the betterment of occupational health. In fact, the organization has suggested a few recommendations for the employers to prevent health problems generated due to poor indoor air quality.

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Validating the aforementioned fact, one of the London based start-ups, Smart Separations, recently developed a revolutionary filtration system, which could be implemented across various industries including biomedical and food processing for improving air quality. Taking into account the applicability and cost-effectiveness of newly developed air filtration systems for industrial use, the UK government seems to have pulled up its sleeves to provide financial support for inventing cost-effective air filtration technology, fueling the regional industrial air filtration market outlook.

Post OSHA’s recommendation, many U.S. companies were found to have planned for ventilation, air treatments, and preventive maintenance with regards to air contamination and its impact on employees’ health. Considering the growing need of air treatment facilities across many countries, many giants in industrial air filtration industry have been involved in brainstorming innovative air filtration technologies.

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Having recognized the fact that air pollution has emerged as one of the major environmental issues lately, core companies across the automotive, chemical, food processing, oil & gas, mining, and pharmaceutical sectors that inadvertently release hazardous pollutants are now beginning to comply with established government norms. Regional regulatory bodies have deployed strict rules in accordance with which companies have been installing air filtration systems for reducing the release of pollutants into the atmosphere. Powered by the increasing awareness among the industry contributors about the usage of air treatment facilities, industrial air filtration market size has been forecast to surpass a revenue collection of USD 6.5 billion by the end of 2024.

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HVAC Filters Market to reach USD 13 bn by 2024

HVAC Filters Market size is set to surpass USD 13 billion by 2024; according to a new research report by Global Market Insights, Inc. Growing consumer awareness for contamination free air and reduction in airborne diseases would propel HVAC filters industry growth. Particulate contaminants include several airborne physical matters like microorganisms, pollens, dust, smoke, and fumes which are harmful for environment. The product provides effective means to control toxins by reducing their concentrations to adequate levels or eradicating them from the ventilation air, thereby stimulating market growth.

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