Europe Industrial Air Filtration Market size is projected to witness over 7.9% CAGR from 2023 to 2032. The surging number of R&D investments by several key industry players and government agencies for the creation of advanced and efficient air filtration technologies will influence the industry growth.
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The escalating pollution concerns coupled with the rapid rate of industrialization in emerging economies is also expected to offer multiple growth opportunities for European manufacturers for exporting their products. The significant growth of the chemical processing, manufacturing, and pharmaceuticals industries and the consequently rising demand for industrial air filtration systems will also anchor the market development.
|Forecast Period:||2023 to 2032|
|Forecast Period 2023 to 2032 CAGR:||7.9%|
|Historical Data for:||2018 to 2022|
|No. of Pages:||198|
|Tables, Charts & Figures:||83|
|Segments covered:||Application, Product, Country and Region|
|Pitfalls & Challenges:|
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The growing concerns related to air pollution and the subsequent preference for advanced air filtration technologies will positively impact the market. As per the European Commission for 2019-2024 estimates, air pollution leads to nearly 300,000 premature deaths of Europeans each year. However, the higher costs related to the implementation and maintenance along with the surging need for regular inspection for eliminating the worn-out parts could impede the product adoption to some extent.
The COVID-19 pandemic positively impacted the market growth due to the surging importance of air purification as well as filtration systems, mainly in the healthcare and commercial sectors in Europe. The growing focus of various manufacturers on sustainability technologies to curb the spread of the virus assisted with the market expansion.
The surge in government subsidies and incentives for clean air initiatives as well as energy-efficient technologies for encouraging businesses to invest in advanced air filtration solutions will drive the market growth. The growing efforts by local government agencies and environmental organizations on promoting clean energy adoption and more sustainable future will augment the industry expansion.
Europe industrial air filtration industry size from the HEPA filters segment is set to record 8% growth rate from 2023 to 2032, owing to rising pharmaceutical manufacturing and the surging demand for maintaining product purity while limiting the contamination of drugs and vaccines. Increasing adoption in nuclear facilities for filtering out radioactive particles from air, protecting workers and the environment will also add to the product preference.
Europe industrial air filtration market from the food segment is predicted to observe gains at nearly 8% up to 2032. The growth can be attributed to the surging requirement for maintaining product quality, complying with regulations, and ensuring the safety of food products as well as workers involved in food production.
Germany industrial air filtration market is anticipated to expand at more than 8.5% CAGR trough 2032, due to the surging importance of air quality management. The presence of strict environmental regulations in the country aimed at protecting public health has compelled industrial facilities to enforce effective air filtration systems for controlling emissions of particulate matter and VOCs. The significant advances in the automotive, chemical, manufacturing, and pharmaceuticals sectors will also play a key role in the regional market expansion.
Some of the leading players in the Europe industrial air filtration market include
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