The Global Tribune

Industrial Air Filtration Market Outlook Is Predicted To Exceed $18.0 Billion By 2027 | Potential Application Share, Universal Growth Analysis and Future Supply By Million Insights

 Breaking News
  • No posts were found

Industrial Air Filtration Market Outlook Is Predicted To Exceed $18.0 Billion By 2027 | Potential Application Share, Universal Growth Analysis and Future Supply By Million Insights

November 04
09:40 2020
Industrial Air Filtration Market Outlook Is Predicted To Exceed $18.0 Billion By 2027 | Potential Application Share, Universal Growth Analysis and Future Supply By Million Insights

Million Insights – World’s Fastest Growing Market Research Database
According to new report available with Million Insights, the global industrial air filtration industry is projected to expand at a CAGR of 7.3% by 2027. Report on is foretold to provide a robust support for market players to lay a solid foundation for their business growth. It includes a comprehensive evaluation of the market’s growth status and market risk.

The global Industrial Air Filtration Market size is estimated to touch USD 18.0 billion by the end of 2027 and is projected to register a CAGR of 7.3% during the forecast period 2020 to 2027, according to a new report by Million Insights. The increasing demand for energy-efficient and high-performance products is expected to boost the market growth. Additionally, technological development in new filter media is projected to bode well with the market growth.

The rising electric energy consumption is leading to the development of power plants. This is expected to bolster the need for air filtration systems in power industries. Furthermore, stiff government regulations with a focus on reducing airborne pollutants are projected to foster the demand for air filtration systems. In addition, various air quality standards such as the Clean Air Act, the Occupational Safety & Health Act (OSHA) are expected to positively impact market growth.

To download the sample PDF of Global Industrial Air Filtration Market Report “Please” click here: https://www.millioninsights.com/industry-reports/industrial-air-filtration-market/request-sample

 

The prominent companies are emphasizing on adopting green manufacturing as a sustainable alternative. Additionally, government authorities are collaborating with environmental agencies to develop emission control standards. All these key initiatives are projected to expand the growth of the industrial air filtration market.

However, the lack of awareness regarding environmental sustainability may hamper the market growth. The companies tend to spend large capital on deploying an air control system which is expected to limit the market growth.

To browse report summary & detailed TOC, “please” click the link below:
https://www.millioninsights.com/industry-reports/industrial-air-filtration-market

   

Further key findings from the report suggest:

• Depending on product, dry scrubbers type segment is projected to grow at a CAGR of over 7.5% during the forecast period. The dry scrubbers help to reduce overall operational costs and generate minimum waste.

• Power end-use segment constituted for market share of 19.0% and it is projected to grow at a substantial rate from 2020 to 2027.

• In 2019, Asia Pacific holds the largest share of over 25.0% in the overall market.

• Key players in the industry are MANN+HUMMEL;Honeywell International, Inc.; 3M; Daikin Industries, Ltd.; SPX Corporation; and Clean TeQ Holdings Limited. These companies focus on strategic acquisitions to expand their reach across the world.

Million Insights has segmented the global industrial air filtration market based on product, end-use and region:

Industrial Air Filtration Product Outlook (Revenue, USD Billion, 2016 – 2027)
    • Dust Collectors
    • Oil Mist Collectors
    • HEPA Filters
    • Cartridge Collectors & Filters (CC&F)
    • Baghouse Filters
    • Welding Fume Extractors
    • Wet Scrubbers
    • Dry Scrubbers

Industrial Air Filtration End-use Outlook (Revenue, USD Billion, 2016 – 2027)
    • Cement
    • Food
    • Metals
    • Power
    • Pharmaceutical
    • Agriculture
    • Paper & pulp and Woodworking
    • Plastic
    • Others

Industrial Air Filtration Regional Outlook (Revenue, USD Billion, 2016 – 2027)
    • North America
        • U.S.
        • Canada
    • Europe
        • U.K.
        • Germany
        • France
        • Italy
        • Turkey
        • Sweden
        • Spain
        • Poland
    • Asia Pacific
        • China
        • India
        • Japan
        • South Korea
        • Singapore
        • Australia
    • Latin America
        • Brazil
        • Mexico
        • Argentina
    • Middle East & Africa
        • South Africa
        • UAE

Browse latest market research reports available with Million Insights:

1. Solar Panel Recycling Market The global solar panel recycling market size was worth USD 127.7 million in 2019. It is also estimated to register 12.8% CAGR from 2020 to 2027.

2. Contact Lenses MarketThe global contact lenses market size was worth USD 12.79 billion in 2019. It is anticipated to register 5.0% CAGR over the forecast years, 2020 to 2027.

About Million Insights

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store, includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

Media Contact
Company Name: Million Insights
Contact Person: Ryan Manuel
Email: Send Email
Phone: 91-20-65300184
Address:Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar
City: Pune
State: Maharashtra
Country: India
Website: https://www.millioninsights.com/industry-reports/industrial-air-filtration-market