Europe Industrial Air Filtration Market Growth Insights & Forecast Report to 2024 - Nederman, Clarcor, SPX Corporation, Absolent Group, Plymovent, Camfil
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. According to Global Market Insights, Inc., “Europe Industrial Air Filtration Market is forecast to record a CAGR of 7.9% over the period of 2015 to 2022.” 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.
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.
Europe Industrial Air Filtration Market by product
1. Dust collectors
2. Mist collectors
3. HEPA filters
5. Baghouse filters
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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.
Industrial air filters find their applications across cement, pharmaceuticals, food & beverages, power, and metals sectors. Food & beverages sector is anticipated to contribute remarkably towards the Europe industrial air filtration industry share over the coming five years. High apprehensions over cross contamination, food handling legislations, and sanitary rules are anticipated to be the major driving factors. Europe industrial air filtration market size in metal applications is projected to account for nearly 22% of the overall revenue over the coming timeframe. Escalating need for healthy working conditions in the firms and the high necessity to maintain the humidity equilibrium will foster the 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.
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
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