Industrial Air Filtration Market Analysis by Price trends, Top Manufacturers, Applications, Share, Forecast
Category: #business  By Rahul Varpe  Date: 2022-11-25
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Industrial Air Filtration Market Analysis by Price trends, Top Manufacturers, Applications, Share, Forecast

The global industrial air filtration market size is expected to foresee a profitable growth trajectory through 2027. Increasing use of these systems across a plethora of industries such as food, pharmaceuticals, cement, power sectors, and others, to offer clean energy and a safer working environment for the workers is an eminent factor driving the market expansion.

Rising toxic emissions from the industrial sector will further push the industry growth over 2021-2027. A study by United States Environmental Protection Agency (EPA) claims that industries contributed to nearly 23% of the coutnry’s GHG emissions in 2019.

Industrial air filtration market share is segmented in terms of product type, applications, and the regional landscape. Based on the application, the market is bifurcated into cement, food, metals, power, pharmaceuticals, and other segments. Among these, the cement segment is anticipated to depict a CAGR of 6% over the forecast period. The product is utilized to collect dust particles from air at diverse operation stages.

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Meanwhile, the food application segment is classified into cereal ingredients, spices, sugar dust, feed and raw grain agricultural products, flours, eggshell and dust, corn starches, and others. The industrial air filtration industry share from feed and raw grain agricultural products sub-segment would grow at a significant rate of 6% through 2027. The eggshell and dust segment is touted to surpass a considerable valuation of $86.5 million by 2027, while the sugar dust market is projected to reach to $117 million during the stipulated time frame.

The market share from flour applications will surpass an overall remuneration of USD 355 million by 2027 end. On the contrary, the corn starch application would record a 6.3% CAGR between 2021 to 2027. Reportedly, the other food applications segment, which include rice and coffee processing, accounted for a business share of USD 29 million in 2020.

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The metals application of industrial air filtration is divided into grinding, sandblasting, fine powders, welding fumes, and other applications. Out of these, the sandblasting segment share would grow at a CAGR of 5.5% through 2027, while the other metals applications sector, including fibers from buffing wheels, fine grit from abrasive wheels, and waxy powders from rouge, is slated to depict a growth rate of 4.5% over the analysis time span. Moreover, the market share from fine powders segment is speculated to be worth $512 million by 2027 end.

The other applications include textiles, pulp and paper, and mining industries, the industry share from which would expand at a CAGR of 5.5% over the projected period.

Speaking of the regional performance, the industrial air filtration industry is fragmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Amongst these, the Latin America industrial air filtration market share would surpass an overall remuneration of $1.30 billion by 2027. Likewise, the Middle East and Africa market is likely to exceed $899.5 million market during the projected timeline.

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About Author

Rahul Varpe

Rahul Varpe    

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

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