Global Europe Industrial Air Filtration Market Report offers in-depth analysis of the market size, share, industry statistics, major segments, different geographic regions, forecast for the next seven years, key players and premium industry trends. It also focuses on the key growth drivers, restraints, opportunities and challenges.
Industrial air filters find their applications across cement, pharmaceuticals, food & beverages, power, and metals sectors. Food & beverages sector is anticipated to contribute remarkably towards the Europe industrial air filtration industry share over the coming five years.
High apprehensions over cross contamination, food handling legislations, and sanitary rules are anticipated to be the major driving factors. Europe industrial air filtration market size in metal applications is projected to account for nearly 22% of the overall revenue over the coming timeframe.
Escalating need for healthy working conditions in the firms and the high necessity to maintain the humidity equilibrium will foster the growth.
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High preference for energy efficient air filtration technologies along with strict emission norms will push Europe industrial air filtration market trends. Furthermore, the growing popularity of eco-friendly air filters, due to its ability to minimize the health risks for the industrial workers, is projected to open new vistas for the industry over the coming years.
According to Global Market Insights, Inc., “Europe Industrial Air Filtration Market is forecast to record a CAGR of 7.9% over the period of 2015 to 2022.” High demand across commercial as well as residential sectors will offer lucrative avenues for Europe industrial air filtration industry. In addition to this, rapid industrialization has resulted in the expansion of many new ventures, thereby benefitting the industry.
Based on the product trends, Europe industrial air filtration market is segmented into HEPA filters, mist collectors, cartridge collectors & filters, dust collectors, and baghouse filters. HEPA filters, which dominated the product landscape in 2015, are projected to hit USD 450 million by 2022.
The ability of these filters to dispose hazardous materials, pollens, and dust particles as well as toxins from the atmosphere is predicted to promote the growth.
The dust collectors market is forecast to grow at a rate of 7.5% over the coming timeframe, driven by beneficial traits such as low operating costs, minimum maintenance needs, and ability to ensure employee health & safety. Baghouse filters are predicted to contribute substantially towards Europe industrial air filtration market share over the coming five years, owing to cost efficiency, flexibility, versatility, and its capacity to capture minute particulate matter.
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Europe Industrial Air Filtration Market players are focusing on product innovation and increasing their R&D investments to grow their ROI. Key industry participants include Philips Electronics N.V., Camfil, Keller USA Incorporation, Good Life Incorporation, Ameripure Technologies, Electrocorp, Sentry Air Systems Incorporation, IQAir North America Incorporation, and HealthWay Home Products Incorporation.
Germany, which accounted for a major portion of Europe industrial air filtration market share, is projected to show an extensive growth over the coming years. Rapidly expanding food & beverages sector and the presence of a large number of metal processing units will nurture the growth.
European countries such as Turkey, Italy, and France are expected to contribute noticeably towards the industry size, through implementation of strict legislations for maintaining safe working conditions and promoting worker safety. In addition to this, growing awareness about the benefits derived from the use of pollution-reducing technologies will further drive the growth.
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Partial Chapter of the Table of Content
Chapter 3 Europe Industrial Air Filtration Industry Insights
3.1. Industry Segmentation
3.2. Industry Size and forecast
3.3. Industry ecosystem analysis
3.4. Industry Impact forces
3.4.1. Growth drivers
18.104.22.168. High degree of energy efficiency
22.214.171.124. Conducive regulatory scenario
3.4.2. Industry pitfalls and challenges
126.96.36.199. High capex and opex
3.5. Growth potential analysis
3.6. Porter's analysis
3.7. Company market share analysis, 2014
3.8. PESTEL analysis
Chapter 4 Europe Industrial Air Filtration Product Insights
4.1. Industrial air filtration market share by product, 2014 & 2022
4.2. Dust Collectors
4.2.1. Market estimates and forecasts, by region, (USD Million), 2012 - 2022
4.3. Mist Collectors
4.3.1. Market estimates and forecasts, by region, (USD Million), 2012 - 2022
4.4. HEPA Filters
4.4.1. Market estimates and forecasts, by region, (USD Million), 2012 - 2022
4.5. Cartridge Collectors & Filters
4.5.1. Market estimates and forecasts, by region, (USD Million), 2012 - 2022
4.6. Baghouse Filters
4.6.1. Market estimates and forecasts, by region, (USD Million), 2012 - 2022
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