Press release
Industrial Air Purifier Market to Obtain $4306.88 Million by 2028
As per Triton's research report, the global market for industrial air purifier gained $2711.30 million in 2021. It is expected to advance with a CAGR of 7.06% by 2028.A recent study by Triton Market Research titled Global Industrial Air Purifier Market comprises the Global Analysis and Forecasts by Compactness (Non-Compact, Compact), End-user (Metal Processing, Agriculture, Power, Food & Beverage, Pharmaceutical, Cement, Other End-users), Product Type (Particulate, Molecular), and Regional Outlook (Europe, Latin America, North America, Middle East and Africa, Asia-Pacific).
Read the Market Summary Here: https://www.tritonmarketresearch.com/reports/industrial-air-purifier-market#report-overview?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=TritonPR
Industrial air purifiers have a robust construction with special sealed filter media types that prevent leakage, enhancing the general quality of air in an enclosed industrial space.
According to Triton's research analysis, the global industrial air purifier market is anticipated to generate $4306.88 million in sales by 2028, with a compound annual growth rate (CAGR) of 7.06% between 2022 and 2028.
Governments in affluent nations including the US, UK, and Germany have implemented regulations in recent years to preserve the industrial air quality. The major goal of this is to shield workers from unfavorable working environments. As an example, the US and Canada's Occupational Safety and Health Administration has set recommendations for preserving indoor air quality. Thus, the market for industrial air purifiers is expanding due to supportive government policies and a rise in worker safety concerns.
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On the contrary, the high cost of maintenance and emission of harmful by-products are restraints impeding the studied market's growth globally.
The industrial air purifier market is segmented into compactness, end-user, and product type. The compactness section includes non-compact and compact. The end-user segment is categorized into metal processing, agriculture, power, food & beverage, pharmaceutical, cement, and other end-users. Lastly, the product type is bifurcated into particulate and molecular.
Here's a link to our Regional Report Summary: https://www.tritonmarketresearch.com/search-report/Industrial+Air+Purifier+Market
The industrial air purifier market is dominated by the Asia-Pacific region, which is predicted to keep its position until 2028. Many individuals in nations like China, Singapore, and Japan are becoming more vulnerable to air pollution. As a result, numerous businesses have created air purifiers using the parameterized HEPA criteria. In addition, increased infrastructure development and industrialization have raised pollution levels, which has increased demand for air filtration systems across a wide range of businesses. Consequently, the market for industrial air purifiers is growing as a result of these factors.
Parker Hannifin Corporation, Euromate BV, Daikin Industries Ltd, Elex AG, GEA Group AG, Babcock & Wilcox Enterprises, Thermax Ltd, Mann+Hummel Group, Camfil AB, Ducon Technologies, Trotec GmbH, SPX Corporation, Hamon Group, John Wood Group Plc, General Electric Company, and Honeywell International Inc. are among the leading companies in the industrial air purifier market.
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Question & Answer: Industrial Air Purifier Market
Question 1: What factors are driving the industrial air purifier market on a growth path?
Answer: In recent years, governments in developed countries such as the US, UK, and Germany have enforced regulatory measures to maintain the air quality in industries. This is mainly to protect employees from working in adverse conditions. For instance, the Occupational Safety and Health Administration recommended guidelines for maintaining indoor air quality in the US and Canada. Therefore, favorable government measures, along with growing demand for workers' safety, are driving the industrial air purifier market on a growth path.
Question 2: What restraints are impeding the industrial air purifier market's growth globally?
Answer: The high cost of maintenance and emission of harmful by-products are restraints impeding the studied market's growth globally.
Question 3: Which region dominates the industrial air purifier market?
Answer: The Asia-Pacific dominates the industrial air purifier market and is expected to continue its stronghold till 2028. Several people in countries such as China, Singapore, and Japan are growing sensitive to contaminated air. This has led various companies to develop air purifiers based on the parameterized HEPA standards. Furthermore, industrialization and growing infrastructure projects have elevated pollution levels, leading to high demand for air filtration systems across industries. Thus, these factors are propelling the industrial air purifier market on a progressive path.
Question 4: Which are the eminent companies in the industrial air purifier market?
Answer: The eminent companies in the industrial air purifier market are Parker Hannifin Corporation, Euromate BV, Daikin Industries Ltd, Elex AG, GEA Group AG, Babcock & Wilcox Enterprises, Thermax Ltd, Mann+Hummel Group, Camfil AB, Ducon Technologies, Trotec GmbH, SPX Corporation, Hamon Group, John Wood Group Plc, General Electric Company, and Honeywell International Inc.
Related Report:
Global Portable Air Purifier Market - https://www.tritonmarketresearch.com/reports/portable-air-purifier-market
The global air purifier market is deemed to grow at a CAGR of 9.12% during the forecast period 2019-2028, attaining revenue worth $16054 million by 2028.
Portable air purifiers help maintain appropriate indoor air quality by eliminating pollutants such as soot & dust, smoke, etc.
The economic impact of low air quality, health disorders caused by air pollution, and supportive governmental measures are key factors supporting the global market's growth.
Additionally, the rise in demand for air filtration in the healthcare industry and the demand for smart air purifiers are expected to create lucrative opportunities for the portable air purifier market.
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