Global Industrial Air Filtration Market to reach USD xx billion by 2025.
Global Industrial Air Filtration Market valued approximately USD xx billion in 2016 is anticipated to grow with a healthy growth rate of more than xx% over the forecast period 2017-2025. Technological advancements have resulted in the manufacturing of a new filter media to meet the demand of energy-efficient products. This, in turn, has instigated the development of innovative raw materials such as small fibers and is anticipated to provide new avenues for industry growth. Financial drivers are also expected to play key roles in incentivizing end-users to enhance the performance of a manufacturing process and reduce manufacturing costs. The industry is anticipated to witness the movement of manufacturing facilities to China or Eastern Europe, primarily, to cut-down manufacturing costs. Industrial air filters are critical components of the manufacturing industry as they are used to protect sensitive and advanced manufacturing processes and reduce the risk of molecular or microbiological contaminations. They also eliminate hazardous emissions in several manufacturing processes and are expected to witness a healthy demand in the European market, owing to a spate of regulations governing these industries.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
> Dust Collectors
> Mist Collectors
> HEPA Filters
> Cartridge Collectors & Filters
> Baghouse Filters
By End Use Industry:
> Cement
> Food
> Metals
> Power
> Pharmaceuticals
By Regions:
> North America
o U.S.
o Canada
> Europe
o UK
o Germany
> Asia Pacific
o China
o India
o Japan
> Latin America
o Brazil
o Mexico
> Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2015
Base year - 2016
Forecast period - 2017 to 2025
Some of the key manufacturers involved in the market are Benchmarking, Alfa Laval, Camfil, Cummins, Donaldson, Eaton, Filtration Group, Lenntech, Sidco. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Target Audience of the Global Industrial Air Filtration in Market Study:
> Key Consulting Companies & Advisors
> Large, medium-sized, and small enterprises
> Venture capitalists
> Value-Added Resellers (VARs)
> Third-party knowledge providers
> Investment bankers
> Investors