Press release
Explosive Growth in Industrial Air Filtration Market: Market Projections, Drivers, and Key Trends
Steered by increasing awareness on health and safety, the global industrial air filtration market is set to make a quantum leap from $14.97 bn in 2024 to $21.62 bn in 2029.What Is The Projected Market Size Of The Global Industrial Air Filtration Market And Its Growth Rate?
The Industrial air filtration market is projected to witness robust growth:
- $14.97 billion market size in 2024, growing at a CAGR of 6.9% to $16.01 billion in 2025
- Continued growth anticipated with a market value of $21.62 billion in 2029, at a CAGR of 7.8%
- Growth driven by factors such as growing industrialization, global economic trends, and strides in material science
- Projections for forecast period include a rising trend in demand for clean air solutions, stricter environmental regulations, and technological advancements
What Is Driving The Growth In The Industrial Air Filtration Market?
With increasing air pollution levels globally, the demand for industrial air filtration is projected to surge, driven by its role in capturing harmful pollutants and improving air quality around industrial settings. Case in point, The World Health Organization reports that air pollution triggers an estimated 7 million premature deaths every year. This burgeoning concern around air quality is likely to spur the growth of the industrial air filtration market.
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Who Are the Key Players Driving Industrial Air Filtration Market Growth?
Market growth is driven by leading companies including:
- American Air Filter Company Inc.
- Camfil Svenska AB
- Parker Hannifin Corporation
- Cummins Inc.
- Donaldson Company Inc.
- MANN+HUMMEL GmbH.
- Honeywell International Incorporated.
What Are The Key Trends In The Industrial Air Filtration Market?
Forecast period trends include:
- Rising demand for clean air solutions
- Stringent environmental regulations
- Technological advancements
- Increased focus on energy efficiency
What Are The Segments Of The Global Industrial Air Filtration Market?
1) By Product: Dust Collectors, Mist Collectors, Fume Collectors, HEPA Filters, Cartridge Collectors And Filters, Baghouse Filters, Other Products
2) By Application: New System, Replacements
3) By End-User: Cement, Food And Beverages, Metal, Power, Pharmaceutical, Chemical And Petrochemical, Paper And Wood Processing, Agriculture, Others End users
Which Region Leads The Industrial Air Filtration Market?
In 2024, North America marked the highest share in the industrial air filtration market. The report covers all key regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Industrial Air Filtration Market Global Market Report?
- Market Size Analysis: Analyze the Industrial Air Filtration Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Industrial Air Filtration Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Industrial Air Filtration Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Industrial Air Filtration Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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