Global Nuclear Air Filtration Market to grow at $6.7bn by 2023: Global Market Insights Inc.
Nuclear air filtration market size is anticipated to exhibit potential growth from 2016 to 2023. Rising safety concerns regarding emission of radioactive particles is expected to drive industry growth over the forecast period, with the global industrial air filtration market size expected to exceed USD 6.7 billion by 2023.
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Nuclear power plant and equipment market is likely to exceed USD 67.3 billion by 2020. These systems play vital role in nuclear power plants, as it completely relies on proficient filtration of water, air as well as process fluids for efficient operation. Proliferating demand of these filters from nuclear industries is estimated to positively impact nuclear air filtration market growth. In addition, implementation of these filters also aids in enhancing reliability and also assures safety.
Flourishing integration of these filters in nuclear installations namely fuel processing installations, waste management, power generation units, and nuclear energy research facilities are anticipated to fuel the industry demand over several forth coming years. Rising emergence of nuclear industry globally is estimated to surge the growth of nuclear associated industries as well as nuclear facilities which is turn is likely to fuel the industry demand for these filters. Strong focus on nuclear, biological and chemical (NBC) air filtration systems market should also support industry development.
In addition, stringent regulatory norms for nuclear industries regarding diminishing radioactive air pollution in numerous nations are projected to boost the industry growth. Optimized implementation of these filters enables in preventing the release of radioactive material. Industrial operations such as chemical extraction, separation, or fixation along with mechanical operations are likely to surge the nuclear air filtration market growth. Moreover, air filtration systems are likely to use of low-efficiency filters to avoid contaminants prior to letting the air reach the ultimate filtration stage, thus enhancing product life.
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In addition, these filters are also used for removal of various bacteria, viruses, asthma triggers and allergens such as mold, pet dander, pollen and dust mites. Carbon filters are also being significantly used in various applications to remove airborne chemicals, including organic acids, alcohols, aldehydes, ethers, chlorinated hydrocarbons, esters, halogens, ketones, sulphur dioxide, phosgene and sulphuric acid among numerous others. It also helps in removing odour from animals and humans.
Furthermore, it is projected to be successful in sanitizing household chemicals, perfumes and also in eradicating volatile organic compounds (VOCs). Air purifiers with different kind of activated carbon are estimated to gain significance as they are treated with various chemicals to filter specific noxious aerosol compounds. However, many air filters now contain both HEPA as well as carbon filters to achieve better output. Pre-filters are mainly used to provide high resistance to the air flow and ensure controlled flow of air through the filtration system. It also aids in extending the life of HEPA filters, as it does not allow the fibres and large particles to enter the air filtration system.
North America nuclear air filtration market is anticipated to witness significant growth U.S. is projected to positively impact the industry growth owing to presence of large number of nuclear power industries in the region. Countries such as France, Japan, South Korea, Russia, UK, Ukraine, Germany, Sweden, China and India are estimated to pose huge industry potential for the filters over the forecast period.
Key industry players occupying major nuclear air filtration market share include, Camfill Farr Air Filters, Freudenberg & Co. KG, AAF International, Flanders Corporation, Vokes-Air Group, SPX Corporation, Midwesco Filter Resources, Inc., Cambridge Filter Corporation (kondoh) EMCEL Filters Ltd and CLARCOR Inc. A.L.Filter, Aerospace America Inc., Hollingsworth & Vose Company, LLC, Waltz-Holst Blow Pipe Co., Superior Fibers, Sogefi SpA, Trion Inc., Lydall, Inc., Pall Corporation, 3M Company, Air Filter Service Company, UCI-FRAM Group, Mann Hummel, Purafil, Inc., and Ahlstrom.
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• Industrial Air Filtration Market Size By Application (Cement, Power, Food, Metals, Pharmaceuticals), By Product (Dust Collectors, HEPA Filters, Mist Collectors, Baghouse Filters, Cartridge Collectors & Filters), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2015 – 2022
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