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Industrial Air Filtration Market Size

  • Report ID: GMI182
  • Published Date: Apr 2024
  • Report Format: PDF

Industrial Air Filtration Market Size

Industrial Air Filtration Market was valued at around USD 6.4 billion in 2023 and is estimated to register a CAGR of around 4.7% from 2024 to 2032. Industries are investing in modern air filtration systems to comply with environmental rules addressing air quality and emissions management, as knowledge of these regulations grows and regulations are enforced more strictly.

 

For example, the Environmental Protection Agency (EPA) is responsible for enforcing national air quality regulations under the Clean Air Act, which also controls the emissions of specific pollutants like lead, ozone (O3), sulphur dioxide (SO2), nitrogen oxides (NOx), and particle matter (PM). To satisfy these regulations, industries must deploy emission control technology, such as air filtration systems, which will increase demand from businesses.

Installing sophisticated air filtration systems can be expensive, particularly if they include cutting-edge features like electrostatic precipitators or HEPA filters. Some industries, especially small and medium-sized firms (SMEs), may be discouraged from using these systems due to the substantial initial investment required. Apart from the initial capital outlay, the continuous running expenses linked to upkeep, filter substitution, and energy usage can be substantial. Certain industries could be hesitant to pay these continuing costs, particularly if they believe they would increase their operating overheads.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of industrial air filtration was recorded USD 6.4 billion in 2023 and will expand at a 4.7% CAGR between 2024 and 2032, owing to the stringent regulatory standards for air quality in industrial settings, and growing awareness of health and safety concerns among workers.

The dust collectors segment in the industrial air filtration market secured USD 2.4 billion in 2023 and will reach USD 3.8 billion by 2032, attributed to the rising awareness of occupational health and safety standards and advancements in dust collection technology.

North America industrial air filtration market captured 38% revenue share in 2023 and will reach USD 3.8 billion by 2032, driven by its robust industrial infrastructure and proactive regulatory environment.

Key industrial air filtration industry players are Absolent Group, BWF Group, Cummins, Inc., Donaldson Co., Filtration Group Corporation, Freudenberg & Co. Kg., Lydall Gutsche GmbH & Co., Micronics Engineered Filtration Group, Mortelecque, Pall Corporation, and Parker Hannifin Corporation among others.

Industrial Air Filtration Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 365
  • Countries covered: 24
  • Pages: 310
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