Global Gas Phase Filtration Market to Register 5.96% CAGR Through 2025

January 09, 2021


According to the research report titled ‘Global Gas Phase Filtration Market Analysis, 2020’, available with Market Study Report LLC, global gas phase filtration market is expected to showcase a y-o-y growth rate of 5.96% between 2020 and 2025.
 

Increasing extraction activities of oil and gas resources is one of the key factors driving the growth of global gas phase filtration market. Notably, the refining and extraction process of oil and gas resources result in release of toxic gases such as Sulphur dioxide, nitrogen dioxide etc., which can lead to corrosion of machinery and control systems. Thus, growing demand for gas phase filtration systems coupled with increasing pollution levels are aiding the overall market expansion.
 

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Introduction of strict environmental reforms and improving cognizance regarding environmental conservation are also stimulating global gas phase filtration industry outlook. In addition, widespread adoption of the product in crude oil refineries, chemical and petrochemical, pulp and paper, as well as healthcare sectors are favoring the overall business dynamics.
 

As per type, the market is split into combination filters and packed bed filters. The report states that the packed bed filters accounted for the largest share in global gas phase filtration industry in the year 2019 and is predicted to expand continuously during the estimated timeframe.
 

Packed bed filters offer high operation efficiency as well as is quite efficient in removing toxic odor and gas release during production processes. Moreover, these filters are relatively of low cost as compared to other combination filters, thereby fueling the segmental share.
 

Based on application spectrum, global gas phase filtration market is divided into odor control and corrosion & toxic gas control segments.
 

The end-user scope of the overall market comprises of utilities, healthcare, food & beverage, semiconductor, metals & mining, chemicals & petrochemicals, and pulp & paper industries. Among these, worldwide gas phase filtration industry size from pulp & paper sector is likely to showcase significant growth in the ensuing years, followed by chemicals & petrochemicals vertical.
 

Rapid expansion of pulp and paper industries, particularly in South America and Asia-Pacific, along with rising R&D investments are promoting the overall business outlook.
 

The prominent companies operating in global gas phase filtration market are Troy Filters Ltd., Dafco Filtration Group, Kimberly-Clark Corporation, Cosmos Air Purification & Environmental Systems Inc., Koch Filter, North American Filter Corporation, Tri-Dim Filter Corp., Circul-Aire Inc., Purafil Inc., Donaldson Company Inc.,  Bry-Air Inc., CLARCOR Inc., American Air Filter Company, Inc., Freudenberg Group, and Camfil Group among others.

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