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Asia Pacific Air Filtration Market 2019 – 2023 | Demand Analysis by Leading Manufacturers- Camfil Group, Clarcor Inc., Cummins, Denso, Nederman, Pall Corporation, Parker Hannifin

11-28-2019 01:50 PM CET | Industry, Real Estate & Construction

Press release from: Global Market Insights Inc.

Asia Pacific Air Filtration Market

Asia Pacific Air Filtration Market

Air filters are prominently used in research facilities, laboratories, hospitals, power generation units, fuel processing sectors, and waste management to help get rid of pollutants, pollens, dust, debris, mist, oil droplets, abrasion particles, contaminants, and other coarse particulates, thereby driving Asia Pacific air filtration market. The rising need to optimize energy consumption, reduce vehicle emissions, conserve energy, and reduce environmental pollution will impel Asia Pacific air filtration industry over 2016-2023. To achieve 100% efficiency and dirt absorption, companies are now manufacturing efficient industrial filters with safety mechanisms and advanced features that will aid in completely eradicating pollutants from the atmosphere.

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Industrial products contributed to more than 27% of Asia Pacific air filtration market revenue in 2015, subject to the high demand of air filters in the medical sector and laboratories. The sub-products of industrial filters, such as dust collectors, baghouse filters, cartridge collectors & filters, mist collectors, and HEPA filters, are also extensively used across the cement, metal, and power sectors, to absorb dust, moisture, pollutants, and allergens, owing to which Asia Pacific air filtration industry from industrial products is expected to register a CAGR of 9.5% over 2016-2023.

China being one of the most lucrative avenues for the automotive and industrial sectors, will witness high demand for air filters. Asia Pacific air filtration market from China is estimated to grow at a CAGR of 9% over 2016-2023, driven by the rise in the number of automobiles and the prevalence of an enormous number of power and cement industries in the region. Pertaining to strict government regulations regarding vehicular emissions and the rapid industrialization, China is expected to lead Asia Pacific air filtration industry over the years to come. The heavy growth of automotive aftermarket in India and China will also spur the regional industry.

Major companies in Asia Pacific air filtration market include:

1. Cummins
2. Purafil
3. ACDelco
4. Mann+Hummel
5. Denso
6. Clarcor
7. Mahle
8. K&N Engineering
9. Donaldson
10. Sogefi Group
11. Camfil Group
12. Nederman
13. W.L. Gore & Associates

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Asia Pacific air filtration market by Product:

1. Industrial
2. Automotive
3. Residential

Automotive products held more than 55% of Asia Pacific air filtration market share in 2015. These products primarily encompass cabin and intake filters, which absorb dust, debris, and other solid particulates that pose a harm to auto cylinders and pistons. In addition, they preserve the air-fuel mixture, helping the engine to function efficiently, minimize ignition problems, aiding limited fuel consumption, and improve emission control systems, thereby reducing emissions. The benefits will stimulate the product demand, propelling Asia Pacific automotive air filtration market, set to grow at a CAGR of 8% over 2016-2023. These filters also need to be replaced occasionally, which will further spur the product demand. The rising requirement of cabin filters in electric vehicles will fuel Asia Pacific air filtration market from automotive products.

Asia Pacific air filtration market growth is characterized by the necessity to conserve energy and increase engine efficiency by means of enhancing the existing emission control systems. Air filters basically help filter out the impurities in the air, including, but not limited to pollen, bacteria, dust, and mold. Combined with a catalyst, air filters help absorb pollutants and odors from the atmosphere as well. Their extensive utilization in numerous applications such as cement, pharmaceuticals, food, and power generation sectors will stimulate Asia Pacific air filtration market, given that the region is touted to have enormous growth prospects in the aforementioned application domains.

Related News: https://www.globenewswire.com/news-release/2016/09/12/871008/0/en/Asia-Pacific-Air-Filtration-Market-size-is-expected-to-reach-USD-6-65-billion-by-2023-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.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

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