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Gas Phase Filtration Market Expected to Grow at 2.17 Billion In Revenue by 2023

03-02-2020 09:45 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsandReports

Gas Phase Filtration Market Expected to Grow at 2.17 Billion

According to Market Study Report, Gas Phase Filtration Market provides a comprehensive analysis of the Gas Phase Filtration Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry. This report also provides market landscape and market share information in the Gas Phase Filtration Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Overall Gas Phase Filtration Market is expected to grow from USD 1.73 Billion in 2018 to reach USD 2.17 Billion by 2023 from, at a CAGR of 4.55%. This report spread across 141 Pages, Profiling 10 Companies and Supported with 78 Tables and 39 figures are now available in this research.

Top Companies profiled in the Gas Phase Filtration Market:
o Camfil (Sweden)
o American Air Filter (AAF) Company (US)
o Donaldson Company (US)
o Freudenberg (Germany)
o Clarcor (Parker Hannifin Corporation) (USA)
o Bry-Air (Asia) (India)
o Purafil (US)
o Circul-Aire (Canada)
o Kinberley-Clark (US)
o Promark Associates (USA)

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"The market for combination filters is expected to grow at the highest CAGR"
Among the types of gas phase filters, the market for combination filters is expected to grow at the highest CAGR during the forecast period. Due to the increasing traffic, population, industrialization, and industrial waste, many harmful toxic gaseous contaminants are released into the environment, thereby affecting the air quality and creating health issues. The demand for combination filters has been increased as these filters can handle multiple gases because of the lower pressures drops, lower maintenance, and replacement costs of the CIF filters.

"The gas phase filtration market in APAC expected to grow at the highest CAGR during the forecast period"
APAC is expected to be the fastest-growing market for gas phase filters during the forecast period. The gas phase filtration market in APAC is segmented into India, China, Japan, South Korea, and Rest of APAC. This growth is due to the high economic growth witnessed by several emerging economies in the region such as China and India. Further, several international companies have built their manufacturing plants in APAC owing to the easily available raw materials and low-cost labor.

Competitive Landscape of Gas Phase Filtration Market:
1 Overview
2 Market Player Ranking Analysis
3 Competitive Scenario
4 Competitive Situation and Trend
4.1 Acquisitions and Expansions
4.2 Others

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Research Coverage:
The report on the gas phase filtration market covers the market segmented on the basis of the following segments: type, media, application, end user, and geography. The market has been segmented on the basis of type into packed bed filters and combination filters. Based on media, the gas phase filtration market has been classified into activated carbon, potassium permanganate, and blend. Based on application, the gas phase filtration market has been classified into corrosion and toxic gas control, and odor control.

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