The Air Filtration Market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017. 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. 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 to have Air filtration systems in their manufacturing facilities. 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. However, high cost associated with Air filtration systems is considered as the restraining factor for the growth of the market.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the Air Filtration value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the Air Filtration Market.
Major industry players profiled as part of the report are 3M Corporation, Electrocorp, AAF, Camfil Group, Absolent Group and Cummins among others.
The Air Filtration Market has been analyzed through following segments:
Fume & smoke collectors
By Filter Type
Ionic Air Filters
HEPA Air Filters
Carbon Air Filters
UV Light Air Filters
By End Users
Middle East and Africa
United Arab Emirates
Key insights offered
What will be the Air filtration market size from 2017 to 2023?
How are the major drivers and restraints affecting the Air filtration market growth and the opportunities which exist for key vendors?
Which segment and region will drive or lead the market growth and why?
A comprehensive analysis of competitive landscape and key market participants’ behaviour
Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.