Industrial Air Filtration Market Size, Share & Trends Analysis Report By Product (Wet & Dry Scrubber, Welding Fume Extractors), By End Use (Power, Food, Metals), By Region, And Segment Forecasts, 2019 - 2025

Industry Insights

The global industrial air filtration market size was valued at USD 11.6 billion in 2018 and is expected to register a CAGR of 6.7% from 2019 to 2025. Need to control industrial air quality across a range of end-use industries is a key factor anticipated to drive the market. Air purification methods are an effective way to control contaminants by reducing their concentration to an acceptable level, subsequently improving indoor air quality.

Favorable government regulations pertaining to emission norms, coupled with enforcement of workforce health and safety regulations in several regions, are anticipated to boost market demand over the forecast period. Additionally, rising demand for high efficiency and eco-friendly products is a key factor expected to drive the market.

Technological advancements in industrial air purification systems is expected to provide avenues for market growth over the forecast period. For instance, usage of inhibited oxidation in wet scrubbers provides numerous advantages such as low reagent cost, low reagent usage, and low overall lifecycle cost. In the inhibited oxidation process, emulsified sulfur is added to the reagent feed tank, reducing the oxidation rate to below 15.0%, thus allowing the usage of less expensive materials because the mechanism for corrosion has been removed.

Industrial air filtration systems are used across several industries including power, food, cement, metals, and pharmaceuticals. However, high capital and operating cost associated with these systems is expected to hinder market growth. Purification of contaminated air requires advanced filtration equipment, which results in increased capital investment. This makes the overall system expensive to operate in terms of maintenance cost and energy consumption.

Product Insights

Based on product, the market has been segregated into dust collectors, oil mist collectors, HEPA filters, cartridge collectors and filters, baghouse filters, welding fume extractors, wet scrubbers, and dry scrubbers. Amongst these, the wet scrubbers segment held the largest market share in 2018 and is expected to register a CAGR of over 7.5% from 2019 to 2025. Wet scrubbers have consistent collection efficiency and airflow and static pressure, on account of which they can be used in a range of applications where constant airflow is required. However, there are few factors hampering the growth of wet scrubbers such as increased power consumption, corrosion problems, and high amount of waste generation.

Dry scrubbers have emerged as a substitute for the wet variants, overcoming numerous drawbacks associated with the latter. The dry scrubbers segment is expected to exhibit the highest CAGR over the forecast period. This growth is attributed to benefits such as highly corrosion resistant, less waste generation, and low operating cost.

Dust collectors are expected to register a CAGR of more than 6.5% over the forecast period. Dust collectors offer several benefits including protection from harmful effects of pollution, improving productivity, compliance with health and air emission regulations, and environmental protection from manufacturing pollutants. Oil mist collectors and HEPA filters are also expected to witness steady growth through 2025.

End-use Insights

Industrial air filters in the production vertical are of critical importance as they protect sensitive and advanced manufacturing processes and reduce the risk of microbiological as well as molecular contamination. These purifiers primarily find application in cement, food, agriculture, pharmaceutical, metal processing, pulp and paper, plastic, and power industries, among others.

The power segment captured a share of close to 19.0% in the overall industrial air filtration market in 2018 and is expected to register a CAGR of more than 6.5% from 2019 to 2025. The market is expected to witness considerable growth as air filtration systems help handle toxic, hazardous, and radioactive gas streams. Furthermore, power generation plants have to compulsorily maintain air and gas flow rates within environmental parameters, leading to increased usage of such purification equipment.

The food segment is anticipated to witness the highest growth over the forecast period and accounted for more than 18.0% of the overall revenue in 2018. Legislations pertaining to food safety, coupled with retailer manufacturing standards and codes of practice for high risk food manufacturing, provide avenues for market growth.

Regional Insights

Europe held the largest market share in 2018, accounting for more than 27.0% of the global market that year. The food industry in Europe is highly diversified and is characterized by the presence of several small-scale businesses. It is expected to witness healthy growth over the next few years, which is expected to drive the regional market.

The Asia Pacific market is expected to exhibit a CAGR of more than 7.5% over the forecast period. Rapid industrialization and increasing per capita income are expected to drive the regional market. China is expected to emerge as a worldwide hub for air filtration equipment manufacturing owing to its low labor and infrastructure costs. Moreover, the region is presumed to witness entry of several pharmaceutical companies to meet domestic export and import demands, thereby aiding regional growth.

Industrial Air Filtration Market Share Insights

The market features presence of both large-scale and medium-scale air purification equipment manufacturers. Major players include Honeywell International, Inc.; MANN+HUMMEL; Daikin Industries, Ltd.; Clean TeQ Holdings Limited; 3M; and SPX Corporation. These companies have been aggressively investing in R&D activities to develop novel filters in order to sustain in the highly competitive market. Key manufacturers are also emphasizing on strengthening their regional presence by collaborating with other players offering similar products and services to augment their market presence and achieve a competitive advantage over peers.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of latest industry trends from 2014 to 2025 in each of the sub-segments. For the purpose of this study, Grand View Research has segmented the global industrial air filtration market report based on product, end use, and region:

• Product Outlook (Revenue, USD Million, 2014 - 2025)

  • Dust Collectors

  • Oil Mist Collectors

  • HEPA Filters

  • Cartridge Collectors & Filters (CC&F)

  • Baghouse Filters

  • Welding Fume Extractors

  • Wet Scrubbers

  • Dry Scrubbers

• End-use Outlook (Revenue, USD Million, 2014 - 2025)

  • Cement

  • Food

  • Metals

  • Power

  • Pharmaceutical

  • Agriculture

  • Paper & Pulp and Woodworking

  • Plastic

  • Others

• Regional Outlook (Revenue, USD Million, 2014 - 2025)

  • North America

    • U.S.

    • Canada

  • Europe

    • U.K.

    • Germany

    • France

    • Italy

    • Turkey

    • Sweden

    • Spain

    • Poland

  • Asia Pacific

    • China

    • India

    • Japan

    • South Korea

    • Singapore

    • Australia

  • Latin America

    • Brazil

    • Mexico

    • Argentina

  • Middle East & Africa

    • South Africa

    • UAE