Check back at 8:30 a.m. ET for results
Industrial Air Filtration Market by Product (Dust Collectors, Mist Collectors, HEPA Filters, CCF, Baghouse Filters), Application (Cement, Food, Cereal ingredients, Metals, Power, Pharmaceuticals, Others) & Region - Forecast 2022 - 2032
DUBAI , U.A.E , March 22, 2022 /PRNewswire/ -- In 2032, the industrial air filtration market share is likely to expand at a steady CAGR of 6.2%, reaching US$ 45.2 Billion in 2027 from US$ 6 Billion in 2021, according to a new analysis from FMI. Increasing demand for energy-efficient filtering technology has an impact on the adoption of industrial air filtration market.
Industrial Air Filtration Market CAGR (2022 – 2032)
Governments and regulatory organisations have adopted tough industry requirements to improve air quality. For example, the US Clean Air Act developed laws to decrease air pollution. In order to comply with strict air quality laws, industrial air filtration companies have been forced to employ air filtering devices.
Request a Sample to Obtain Authentic Analysis and Comprehensive Market Insights at- https://www.futuremarketinsights.com/reports/sample/rep-gb-14406
The HEPA filters market is expected to develop at a 6.9% CAGR through 2027. HEPA filter manufacturers made these filters extremely effective at trapping hazardous particles like dust mites and pollen.
It has a high dirt holding capacity and filtering effectiveness, which is important in the industry. Thus, it is widely employed in sectors such as pharmaceuticals, autos, semiconductors, food and drinks, driving the industrial air filtration market statistics.
HEPA filter manufacturers' dust collectors are expected to reach USD 2.10 billion by 2027. Dust collectors assist in extending the life of the equipment and ensuring efficient operation by circulating clean air inside the workplace, lowering energy expenses.
The metals industrial air filtration market is expected to grow 6.8% by 2027. Aluminium and steel mills emit large amounts of hazardous gases and smoke. The increased risk of pneumoconiosis among grinding employees drives demand for industrial air filtration systems across the metal manufacturing industry. The use of welding fumes is expected to grow by about 7%.
"Rising welding use in manufacturing, construction, automotive, and transportation industries is driving market expansion. Growing emphasis on design flexibility, weight reduction, and modification simplicity should boost welding demand. The industrial air filtration system is in high demand due to the region's growing pharmaceutical, electricity, and food sectors. Environmental protection legislation and an increasing focus on energy-efficient filtration products are expected to boost the market."
Discover More About Report Analysis with Figures and Data Tables, Along with The Table of Contents. Feel Free To Ask An Analyst- https://www.futuremarketinsights.com/ask-question/rep-gb-14406
Government attempts to combat industrial pollution are expected to boost demand for industrial air filtration equipment in the coming years. Stringent government regulations governing industrial waste management will add fuel to the fire.
Global industry expansion has deteriorated the ecosystem over the last several years due to the unrestricted flow of industrial gases into the natural air. Job growth, particularly in low-income nations such as India and China , is extremely harmful and may pose a threat to the environment, as these sectors in the region operate under lax pollution regulations.
Occupational safety standards and severe laws for the preservation of indoor and outdoor air quality are projected to support the rising demand for industrial air filters over the next several years.
Numerous sectors, including chemicals, pharmaceuticals, and many more, utilise industrial air filtering systems to provide safe working conditions for their employees.
Rapid adoption, combined with the development of new facilities, has raised the need for filtration solutions in sectors like warehouses and industrial units.
The market's major players include Alfa Laval (Sweden ), Donaldson (US), Danaher (US), Parker Hannifin (US), Eaton (Ireland) , and Ahlstrom-Munksjö (Sweden ) (Finland ).
Danaher manufacturers' main objective is to increase investment and acquisitions. This includes biological sciences, diagnostics, dentistry and environmental & applied solutions. Life sciences offer industrial air filtration, and Pall divides its filtering business into two groups: life science and industrial. It provides both liquid and air filtration.
Donaldson is another significant player in selling filtration equipment. It has two business segments: engine and industrial. Manufacturing sophisticated industrial filtration technology for metal & mining, food processing and pharmaceutical, and cement industries.
Aldec G3 VecFLow decanter centrifuge, Alfa Laval, September 2019 . This device reduces power consumption by 30% and improves separation performance by decreasing sludge dewatering and thickening costs.
In January 2020 , Ahlstrom-Munksjö increased capacity at its Malmsey facility in Belgium . The company's Fabiano Plentily and Turin factories in Italy now produce micro glass-based media. It increased industrial filtration production capacity in Bianzhou, China . It cost USD 31 million . Camfil introduced Absolute V, an energy-efficient HEPA air filter, in February 2020 . It saves 20% energy.
Contact Sales for Further Assistance in Purchasing This Report- https://www.futuremarketinsights.com/checkout/14406
Key Questions Answered in the Report
How is the Growth Outlook for the Industrial Air Filtration Market?
What was the Industrial Air Filtration Market Size in 2022?
What Factors lead to Industrial Air Filtration Market Expansion?
Which Region Leads the Global Industrial Air Filtration Market?
What will be the Size of the Industrial Air Filtration Market by 2027?
We Offer tailor-made Solutions to fit Your Requirements, Request Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-14406
Top Reports Related To Industrial Automation Market Insights
Elevator and Escalator Market: The global elevator and escalator market is valued at around US$ 59.03 Bn in 2022, registering Y-o-Y growth of 6.6%. The market is projected to increase at a CAGR of 4.5% and attain a valuation of US$ 100.12 Bn by the end of 2030.
Power Generator for Military Market: Worldwide sales of power generators for military use were valued at around US$ 1.06 Bn at the end of 2021. The global power generator for military market is projected to register 3.5% CAGR and top a valuation of US$ 1.44 Bn by 2030.
Facility Management Services Market: Facility Management Services Market is expected to increase at a CAGR of 12.6% during the forecast period, from US$ 42.2 billion in 2021 to US$ 76.3 billion in 2026
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai , and has delivery centers in the UK, U.S. and India . FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact: Future Market Insights, 1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A, Jumeirah Lakes Towers, Dubai, United Arab Emirates For Sales Enquiries: sales@futuremarketinsights.com For Media Enquiries: press@futuremarketinsights.com Website: https://www.futuremarketinsights.com/ Report: https://www.futuremarketinsights.com/reports/industrial-air-filtration-market
View original content:https://www.prnewswire.com/news-releases/industrial-air-filtration-market-expanding-at-a-healthy-6-2-cagr-by-2032---attain-a-valuation-of-us-45-2-bn-by-2027--says-future-market-insights-301508012.html
Oregon’s regulated gas utilities, including Portland-based NW Natural, are making their own bid to derail the state’s new Climate Protection Program. “Petitioners challenge the authority of (the Environmental Quality Commission) to adopt the rule,” the gas companies said in their filing. The Climate Protection Program grew out of a March 2020 executive order by Gov. Kate Brown that came after Republicans walked out of the Capitol to derail a cap-and-trade bill that appeared about to be adopted.
Carbon dioxide emissions increased by almost 5% last year, meaning that the world now has a two-in-three chance of reaching 1.5 degrees Celsius of global warming over pre-industrial levels within the decade, according to a new study in the journal Nature Reviews Earth & Environment.
Despite palm oil receiving lots of negative press over deforestation, it’s actually not the worst in terms of greenhouse gas emissions.
Recently, the Chinese EV space has been beset by several worrying developments. Morgan Stanley’s Tim Hsiao counts “geopolitical tensions, pervasive Covid curbs and ADR de-listing risks” which have further impacted EV start-ups already struggling with operational challenges such as disruptions to the supply of chips, batteries and other elements. Rising EV manufacturing costs which will result in higher prices could also mean EV sales will take a hit. However, given the “continuous innovation,” i
Technical indicators are flashing green, with DOGE targeting a fourth consecutive day in positive territory ahead of the weekend.
(Bloomberg) -- Out of favor health-care technology stocks may be nearing a bottom.Most Read from BloombergChina Jet’s Nosedive From 29,000 Feet Baffles Crash SpecialistsWhere Mornings Would Get Darker Under Permanent Daylight Savings TimeUkraine Update: Zelenskiy Will Join NATO Summit Via Video LinkChina Plane Crash Update: Wreckage Found, Airline Grounds JetsThe selloff in technology firms amid geopolitical turmoil and rising interest rates spilled over into health-care peers, sending the Globa
The CEO sees a huge addressable market and told investors her company has built a big moat around its part of it.
Dalio has previously said that Bitcoin is “too volatile.”
Privately-held thermal insulation manufacturer TemperPack Technologies Inc. said Tuesday it closed a $140 million equity financing transaction led by Goldman Sachs Asset Management's Sustainable Investing unit, with participation from existing investors Arborview Capital, Grosvenor Food & AgTech, SJF Ventures, Harbert Growth Partners, Revolution Growth and Tao Capital Partners. Jeff Possick, managing director at Goldman Sachs Asset Management, led the deal. Based in Richmond, Va. and led by CEO
(Bloomberg) -- An Indian couple became the country’s first husband and wife to build their respective startups into enterprises with at least $1 billion valuation, also known as unicorns.Most Read from BloombergPutin Adviser Chubais Quits Over Ukraine War, Leaves RussiaChina Plane Crash Update: Searchers Identify Parts of WreckageRussia Central Banker Wanted Out Over Ukraine, Putin Said NoWall Street Is Scrambling For the Exits in Moscow — and Billions Are at StakeChina Jet’s Dive Took It Near S
St Louis Fed President James Bullard said Tuesday that 'faster is better' when it comes to interest rate hikes this year.
Dubai-based venture capital firm Cypher Capital on Wednesday announced it was launching a $100 million seed fund aimed at investing in digital assets including crypto currencies. The fund will be financed by the company's founder, Bijan Alizadeh, and will also invest in decentralised finance platforms, blockchain applications and cryptocurrency gaming. "It's going to be 100% digital assets," he told Reuters.
A big rally in Nvidia's stock price seemed to lose momentum in the day after CEO Jensen Huang's keynote at the GTC Conference.
The debate over bitcoin's value as a digital gold safe haven asset or a risky investment is heating up. As BTC's sensitivity to stock markets increases, concerns that the Federal Reserve's aggressive tightening plans may tip the U.S. economy into recession rise. Christine Lee breaks down the Chart of the Day.
SEOUL (Reuters) -South Korea on Wednesday nominated veteran International Monetary Fund official Rhee Chang-yong as its new central bank chief, a pick who is widely expected to continue the bank's efforts to curb inflation with aggressive interest rate hikes. Rhee, currently the director of the Asia and Pacific Department at the IMF, will join the Bank of Korea as Asia's fourth-largest economy battles surging prices, driven by supply chain snags and the Ukraine war. He succeeds Governor Lee Ju-yeol, whose term ends March 31 after eight years helming the bank.
Nike stock rallied on the earnings report but faded from the highs. Here's why as it hits a key area on the chart.
Activist investor buys another 100,000 shares. Apes go wild.
The full explanation is long and fairly complicated. The sound bite version: What's bad for the economy is good for growth names.
June Comex gold isn’t going to make a major move over the short-run until it breaks away from the retracement zones capping gains and limiting losses.
SEOUL (Reuters) -South Korean battery giant LG Energy Solution Ltd (LGES) said on Wednesday it plans to invest $1.5 billion to set up a joint venture with Stellantis NV in Canada. LGES owns 51% of the joint venture, tentatively named "LGES-STLA JV" and Stellantis owns 49%, LGES said in a regulatory filing.