March 26, 2020
According to the research report titled ‘Asia Pacific Industrial Air Filtration Market Size By Product, Application, Food, Metal Working, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2018 – 2024’, available with Market study Report LLC, Asia Pacific industrial air filtration market to surpass USD 1.65 billion by the year 2024.
Strict government standards regarding maintenance of the air quality inside industrial facilities is a major factor driving Asia-Pacific industrial air filtration industry. Increasing awareness pertaining to high levels of pollutants in air across manufacturing facilities and shifting focus towards maintaining safe working environment are further aiding the market expansion.
Air filtration systems aids in removing hazardous and harmful particles from the atmosphere to deliver clean air. Growing demand for industrial air filtration units in manufacturing sector to reduce the carbon footprint is stimulating the industry outlook. However, high installation and operating cost of the product may hinder the market growth.
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As per the report, HEPA filters segment is predicted to exceed USD 410 million by the year 2024. These filters efficiently remove droplets, sub-micro particles and contaminants. Rising adoption of these filters in power, metal processing, and pharmaceutical industries is fueling the segmental growth.
As per regional analysis, the report states that Australia industrial air filtration industry is presumed to surpass USD 45 million by the year 2024. The growth is attributed to growing inclination towards adopting advanced products to comply with strict regulations for reducing air pollution in various industrial settings.
The prominent companies operating in the Asia-Pacific industrial air filtration industry are Mann Hummel, Nederman, Camfil Group, Cummins Inc., AAF, Lydall, Donaldson Co. and Pall Corporation.
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