Air Filtration Market Size, Share, Opportunities, And Trends By Product (Dust Collectors, Vehicle Exhaust, Fume & Smoke Collector, Mist Eliminators, Others), By Filter Type (Ionic, HEPA, Carbon, UV Light), By End-User (Residential, Commercial, Industrial), And Geography- Forecasts From 2019 To 2024
- Published : May 2020
- Report Code : KSI061612303
- Pages : 97
The air filtration market is projected to grow at a CAGR of 5.98% to reach US$24.625 billion by 2024, from US$17.380 billion in 2018. Strong infrastructural and industrial development and the rising prevalence of health disease due to air pollution are considered as the key drivers for the growth of the market during the forecast period. Simultaneously, increasing environmental concerns and strict government regulation for industrial emission and rising concerns towards the health and safety of the workers has led the industrial sector installing air filtration systems in their manufacturing facilities. Furthermore, increasing disposable income and growth in expenditure of people across developing countries varied usage of these systems across end-user verticals is expected to widen up growth opportunities for vendors and manufacturers in the coming years. Asia Pacific region is expected to hold a significant share and is one of the fastest growing region during the forecast period.
Focus on development of green buildings.
Growing health concerns.
In November 2018, Camfil launched its new Gold Series X-Fl(GSX) industrial dust collector that has been specifically designed for applications that produces or process fine, fibrous, and heavy dust and fumes.
Donaldson Company Inc. introduced the Packaged DownflEvolution (DFEP) dust collector in October 2017 targeting applications mainly in the metal fabrication industry.
In January 2017, American Air Filter Co., acquired the Phoenix based Aire Filter Products to further expand its operational footprint.
Major industry players profiled as part of the report are American Air Filter Company, Inc., Camfil Group, 3M Corporation, and Parker Hannifin Corporation among others.
The air filtration market has been analyzed through following segments:
Fume & Smoke Collector
By Filter Type
Ionic Air Filter
HEPA Air Filter
Carbon Air Filter
UV Light Air Filter
Middle East and Africa
Frequently Asked Questions (FAQs)
Q1. What will be the air filtration market size by 2024?
A1. The air filtration market is projected to reach a total market size of US$24.625 billion in 2024.
Q2. What are the growth prospects for air filtration market?
A2. The global air filtration market is projected to grow at a CAGR of 5.98% during the forecast period.
Q3. What is the size of global air filtration market?
A3. Air Filtration market was valued at US$17.380 billion in 2018.
Q4. Which region holds the largest market share in the air filtration market?
A4. Asia Pacific region is expected to hold a significant share in the air filtration market and is one of the fastest-growing regions during the forecast period.
Q5. What factors are anticipated to drive the air filtration market growth?
A5. Strong infrastructural and industrial development and the rising prevalence of health disease due to air pollution are considered as the key drivers for the growth of the market during the forecast period.
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. AIR FILTRATION MARKET BY PRODUCT
5.1. Dust Collectors
5.2. Vehicle Exhaust
5.3. Fume & Smoke Collector
5.4. Mist Eliminators
6. AIR FILTRATION MARKET BY FILTER TYPE
6.1. Ionic Air Filter
6.2. HEPA Air Filter
6.3. Carbon Air Filter
6.4. UV Light Air Filter
7. AIR FILTRATION MARKET BY END-USER
8. AIR FILTRATION MARKET BY GEOGRAPHY
8.1. North America
8.2. South America
8.3.3. United Kingdom
8.4. Middle East and Africa
8.4.1. Saudi Arabia
8.5. Asia Pacific
8.5.3. South Korea
9. COMPETITIVE INTELLIGENCE
9.1. Competitive Benchmarking and Analysis
9.2. Recent Investments and Deals
9.3. Strategies of Key Players
10. COMPANY PROFILES
10.1. 3M Corporation
10.3. American Air Filter Company, Inc.
10.4. Camfil Group
10.6. Cummins Filtration
10.7. Parker Hannifin Corporation
10.8. Nederman Holding AB
10.10. CLARCOR Air Filtration Products
LIST OF FIGURES
LIST OF TABLES
American Air Filter Company, Inc.
Parker Hannifin Corporation
Nederman Holding AB
CLARCOR Air Filtration Products
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