openPR Logo
Press release

Asia Pacific Air Filtration Market Emerging Trends and Development Factors to 2023

01-17-2020 03:59 PM CET | Industry, Real Estate & Construction

Press release from: Global Market Insights Inc.

Asia Pacific Air Filtration Market

Asia Pacific Air Filtration Market

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.

Request for a sample copy of this report @
https://www.gminsights.com/request-sample/detail/746

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.

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.

Market players will try to increase their ROI by focusing on merger & acquisitions, product innovation, and increasing their production base. Key participants in Asia Pacific air filtration market includes Cummins Corporation, Purafil, Denso Corporation, Clarcor, Mann-Hummel Company, Sogefi group, Mahle GmbH, Nederman Company, Camfil Company, and Donaldson Company.

Make an Inquiry for Purchasing this Report @
https://www.gminsights.com/inquiry-before-buying/746

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.

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.

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

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Asia Pacific Air Filtration Market Emerging Trends and Development Factors to 2023 here

News-ID: 1899987 • Views: 321

More Releases from Global Market Insights Inc.

Dermal Filler Market Future Trend | Allergan plc, Merz Aesthetics, Galderma S.A. …
The Dermal Filler Market size was estimated at USD 6.4 billion in 2019 and is projected to surpass USD 10.5 billion by the year 2026. During the period of 2020-2026, the Dermal Filler Market is anticipated to expand with a CAGR of 7.6%. The report contains detailed analysis of Business Competitors, Evolving Technology, Growth Rate, Industry Strategies, Key Companies, and Forecast till 2026. The study encompasses ample details regarding the
U.S. Direct-to-Consumer Genetic Testing Market Growth| 3andMe, Inc., Ancestry, C …
The U.S. Direct-to-Consumer Genetic Testing Market is projected to expand from its present industry value of over $0.2994 billion to more than $0.89 billion over the analysis timeframe. According to the study with title 'Global U.S. Direct-to-Consumer Genetic Testing Market Research Report', the global market has been evaluated thoroughly by the research analysts and contains comprehensive insights regarding the business sphere. The report encompasses information about the important factors that
What's Driving the Lubricants Market Trends? | by Key Players: ExxonMobil, Shell …
Extensively driven by the surging automobile sales across the globe, the worldwide lubricants market is poised to garner phenomenal gains in the upcoming years. Lubricants are liberally used in automobile production to enhance energy efficiency. It is prudent to mention that the global automobile sales crossed a mammoth of 95 million in 2018. These statistics put forth by OICA provide a testament to the fact that proliferating automobile sales will
What's driving the Synthetic Lubricants Market share? | Key Players are Amsoil I …
Growing demand for automobiles worldwide is likely to emerge as a major factor driving Synthetic Lubricants Market outlook. Synthetic lubricants are majorly used in automobiles, subject to significantly different performance demands. With technical advancements and surging requirement for automobiles, the demand for synthetic lubricants has gained a new zenith. Key industry players include Exxon Mobil, Shell, British Petroleum, Total, Chevron, Fuchs Group, Pennzoil, Amsoil Inc., Kendall (Phillips , ), Valvoline,

All 5 Releases


More Releases for Asia

RAMPF Korea – Producing in Asia for Asia
Joint Venture for the Asian markets – The international RAMPF Group has realigned the cooperation with its long-standing partner Orient Dosiertechnik from Korea with the founding of RAMPF Korea Co., Ltd. The new company based in Hwaseong City is developing and producing mixing and dispensing systems specifically for the Asian markets. Within the framework of the new joint venture based in Hwaseong City, mixing and dispensing systems are being developed and
LIXIL Asia Presents Asia Pacific Property Awards
Through its power brands GROHE and American Standard, LIXIL Asia signs a three-year deal to become the Headline Sponsor of the Asia Pacific Property Awards from 2019 until 2022. 23rd January 2019: The International Property Awards, first established in 1993, are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating within the architecture, interior design, real estate and property
MES: Expansion in Asia
Berlin, November 24, 2014: Model Engineering Solutions (MES), the Berlin-based specialist for model-based software development, has significantly expanded its business in Asia. In recent years, MES has built up a network of local partners in Japan, Korea, China, and India in order to benefit from the growing market and increasing interest in model-based development and ISO 26262 in Asia. Asia: Driving force in the automotive industry The automotive industry continues
Undersea Defence Technology Asia, UDT Asia 2011
Latest Military Diving Technologies featured in UDT Asia Equipping Asia’s navies with the latest diving technology for asymmetric warfare and operations SINGAPORE, 17 October 2011 - Naval diving and underwater special operations is a field that is seeing increased attention and investment amongst navies in Asia. Units such as the Indonesian Navy‟s KOPASKA, the Republic of Singapore Navy‟s Naval Diving Unit (NDU), the Royal Malaysian Navy‟s PASKAL are increasingly utilising specialised equipment for conducting
UDT Asia 2011
Clarion Events hosts the Undersea Defence Technology (UDT) Asia 2011 conference and exhibition to bring senior naval and industry personnel together to cover underwater developments in the region Singapore, May 30 – Clarion Events is hosting UDT Asia on 30 November – 1 December 2011. The event brings together the undersea defence community in Asia, featuring top regional naval speakers, who will be addressing the latest underwater requirements for Asian navies. According
eltherm goes Asia
Finally all preparations are finished and the new subsidiary of eltherm GmbH, eltherm Asia Pacific Pte Ltd has commenced operations in Singapore on 1st April 2010. To celebrate the starting shot, an opening celebration was held in the afternoon of 28th July in the office premises followed by a get together dinner and drinks in the evening at a pub. A total of 62 guests attended the event with the