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Europe Industrial Air Filtration Market Size
- Report ID: GMI350
- Published Date: Aug 2023
- Report Format: PDF
Europe Industrial Air Filtration Market Size
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.
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.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| 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 |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Europe Industrial Air Filtration Market Growth Drivers and Restraints
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.
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Europe Industrial Air Filtration Market Scope
