Global Gas Phase Filtration Market – Revenue, Opportunity, Segment and Key Trends 2019-2026 | Camfil, American Air Filter Company Inc., Donaldson Company Inc., Freudenberg & Co. KG, CLARCOR Industrial Air, Bry-Air Inc., PURAFIL INC., Circul-aire Inc.

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Market Definition: Global Gas Phase Filtration Market

Gas phase filtration is a method of purifying the air present in the surroundings of the filter. Filter media are installed inside these filters which are made up of activated carbon or sodium permanganates, which are most widely, accepted filters. They are in the form of pellets and require timely replacement after it has reached its limit of absorption of impurities.

During the Great smog of Delhi, the pollutants in the air reached levels far beyond acceptable parameters and the air quality index of Delhi reaches to hazardous levels (500+) during the months of October to December, due to the difficulty faced in dispersal of pollutants due to the cold weather, burning of crackers during Diwali, the levels of PM2.5 and PM10 particulate matter also reached threatening levels of 999 micrograms per cubic meter, of which the safe limits are around 60 and 100 respectively. These events of impurities in the air around the capital region of India are expected to significantly affect the growth of the market and are expected to positively impact it.

Market Analysis: Global Gas Phase Filtration Market

Global Gas Phase Filtration Market is set to rise from its initial estimated value of USD 1.75 billion in 2018 to an estimated value of USD 2.46 billion by 2026, registering a CAGR of 4.40% in the forecast period of 2019-2026. This rise in market value can be attributed to the rising levels of corrosive air in the environment and the drastic effects of it on human health, with these factors comes the need for gas phase filtration.

Market Drivers:

Awareness about the quality of air and effects of quality of air on human health are factors expected to drive the need for gas phase filtration in the market

Stringent regulations set by the government regarding the emissions of gases in the environment is also expected to drive the market growth

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Market Restraints:

Stagnant economic development in the production segments of factories is a restraining factor for the market growth as the demand for gas phase filtration is heavily dependent on the development of factories and production

Absence or lack of appropriate economic conditions affecting the return on investments is also expected to restrain the market growth

Competitive Analysis: Global Gas Phase Filtration Market

Global gas phase filtration market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of gas phase filtration market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Market Competitors: Global Gas Phase Filtration Market

Few of the major competitors currently working in the gas phase filtration market are Camfil, American Air Filter Company Inc., Donaldson Company Inc., Freudenberg & Co. KG, CLARCOR Industrial Air, Bry-Air Inc., PURAFIL INC., Circul-aire Inc., KCWW, ProMark Associates Inc., Tri-Dim Filter Corporation, Koch Filter, Filtration Group Corporation, North American Filter Corporation, Cosmos Air Purification, Troy Filters Ltd., Spectrum Filtration Pvt. Ltd., Pure Air Filtration LLC, and MayAir Group.

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Key Developments in the Market:

In March 2018, Filtech organized a conference on Air Filtration and related issues discussing the various technologies introduced and advancements in the market from 13-15 March, 2018 in Germany

In February 2018, Hanyang University and Korean Filtration Society in collaboration organized the 1st Annual Conference on Clean Environment in Hanyang University’s Erica Campus, South Korea from February 26-28, 2018

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