In 2032, the industrial air filtration market share is likely to expand at a stable CAGR of 6.2%, earning US$ 45.2 Billion in 2027 from US$ 6 Billion in 2021, according to new research from FMI. The increasing market for energy-efficient filtering technology has an effect on the adoption of the industrial air filtration market.
Governments and regulatory institutions have adopted tough industry requirements to improve air quality. For example, the US Clean Air Act developed laws to decrease air pollution. In order to comply with strict air quality laws, industrial air filtration companies have been forced to employ air filtering devices.
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The HEPA filters market is expected to develop at a 6.9% CAGR through 2027. HEPA filter manufacturers made these filters extremely effective at trapping hazardous particles like dust mites and pollen.
It has a high dirt holding capacity and filtering effectiveness, which is important in the industry. Thus, it is widely employed in sectors such as pharmaceuticals, autos, semiconductors, and food and drinks, driving the industrial air filtration market statistics.
HEPA filter manufacturers’ dust collectors are expected to reach USD 2.10 billion by 2027. Dust collectors assist in extending the life of the equipment and ensuring efficient operation by circulating clean air inside the workplace, lowering energy expenses.
The metals industrial air filtration market is expected to grow 6.8% by 2027. Aluminium and steel mills emit large amounts of hazardous gases and smoke. The increased risk of pneumoconiosis among grinding employees drives demand for industrial air filtration systems across the metal manufacturing industry. The use of welding fumes is expected to grow by about 7%.
“Rising welding use in manufacturing, construction, automotive, and transportation industries is driving market expansion. Growing emphasis on design flexibility, weight reduction, and modification simplicity should boost welding demand. The industrial air filtration system is in high demand due to the region’s growing pharmaceutical, electricity, and food sectors. Environmental protection legislation and an increasing focus on energy-efficient filtration products are expected to boost the market.”
Key Takeaways:
- Government attempts to combat industrial pollution are expected to boost demand for industrial air filtration equipment in the coming years. Stringent government regulations governing industrial waste management will add fuel to the fire.
- Global industry expansion has deteriorated the ecosystem over the last several years due to the unrestricted flow of industrial gases into the natural air. Job growth, particularly in low-income nations such as India and China, is extremely harmful and may pose a threat to the environment, as these sectors in the region operate under lax pollution regulations.
- Occupational safety standards and severe laws for the preservation of indoor and outdoor air quality are projected to support the rising demand for industrial air filters over the next several years.
- Numerous sectors, including chemicals, pharmaceuticals, and many more, utilise industrial air filtering systems to provide safe working conditions for their employees.
- Rapid adoption, combined with the development of new facilities, has raised the need for filtration solutions in sectors like warehouses and industrial units.
Competitive Landscape
The market’s major players include Alfa Laval (Sweden), Donaldson (US), Danaher (US), Parker Hannifin (US), Eaton (Ireland), and Ahlstrom-Munksjö (Sweden) (Finland).
- Danaher manufacturers’ main objective is to increase investment and acquisitions. This includes biological sciences, diagnostics, dentistry and environmental & applied solutions. Life sciences offer industrial air filtration, and Pall divides its filtering business into two groups: life science and industrial. It provides both liquid and air filtration.
- Donaldson is another significant player in selling filtration equipment. It has two business segments: engine and industrial. Manufacturing sophisticated industrial filtration technology for metal & mining, food processing and pharmaceutical, and cement industries.
- Aldec G3 VecFLow decanter centrifuge, Alfa Laval, September 2019. This device reduces power consumption by 30% and improves separation performance by decreasing sludge dewatering and thickening costs.
- In January 2020, Ahlstrom-Munksjö increased capacity at its Malmsey facility in Belgium. The company’s Fabiano Plentily and Turin factories in Italy now produce micro glass-based media. It increased industrial filtration production capacity in Bianzhou, China. It cost USD 31 million. Camfil introduced Absolute V, an energy-efficient HEPA air filter, in February 2020. It saves 20% energy.
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Key Questions Answered in the Report
- How is the Growth Outlook for the Industrial Air Filtration Market?
- What was the Industrial Air Filtration Market Size in 2022?
- What Factors lead to Industrial Air Filtration Market Expansion?
- Which Region Leads the Global Industrial Air Filtration Market?
- What will be the Size of the Industrial Air Filtration Market by 2027?
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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