Press release
Europe Industrial Air Filtration Market - Industry Trend & Growth Forecast to 2024, Absolent Group, Camfil, Plymovent, SPX Corporation, Nederman, Clarcor
Europe Industrial Air Filtration Market
Europe Industrial Air Filtration Market is forecast to record a CAGR of 7.9% over the period of 2015 to 2022, according to Global Market Insights, Inc. High demand across commercial as well as residential sectors will offer lucrative avenues for Europe industrial air filtration industry. In addition to this, rapid industrialization has resulted in the expansion of many new ventures, thereby benefitting the industry.
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European countries such as Turkey, Italy, and France are expected to contribute noticeably towards the industry size, through implementation of strict legislations for maintaining safe working conditions and promoting worker safety. In addition to this, growing awareness about the benefits derived from the use of pollution-reducing technologies will further drive the Europe industrial air filtration market growth.
Germany, which accounted for a major portion of Europe industrial air filtration market share, is projected to show an extensive growth over the coming years. Rapidly expanding food & beverages sector and the presence of a large number of metal processing units will nurture the growth.
Europe Industrial Air Filtration Market by product:
1. Dust collectors
2. Mist collectors
3. HEPA filters
4. CCF
5. Baghouse filters
The dust collectors market is forecast to grow at a rate of 7.5% over the coming timeframe, driven by beneficial traits such as low operating costs, minimum maintenance needs, and ability to ensure employee health & safety. Baghouse filters are predicted to contribute substantially towards Europe industrial air filtration market share over the coming five years, owing to cost efficiency, flexibility, versatility, and its capacity to capture minute particulate matter.
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High preference for energy efficient air filtration technologies along with strict emission norms will push Europe industrial air filtration market trends. Furthermore, the growing popularity of eco-friendly air filters, due to its ability to minimize the health risks for the industrial workers, is projected to open new vistas for the industry over the coming years.
Europe industrial air filtration market players are focusing on product innovation and increasing their R&D investments to grow their ROI. Key industry participants include: Philips Electronics N.V., Camfil, Keller USA Incorporation, Good Life Incorporation, Ameripure Technologies, Electrocorp, Sentry Air Systems Incorporation, IQAir North America Incorporation, and HealthWay Home Products Incorporation.
Related News: https://www.globenewswire.com/news-release/2017/04/05/954606/0/en/Europe-Industrial-Air-Filtration-Market-worth-over-1-85bn-by-2022-Global-Market-Insights-Inc.html
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
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