Global Industrial Air Purifier Market to Attain 7.06% of CAGR by 2028

 

 

Triton Market Research presents the Global Industrial Air Purifier Market report segmented by End-user (Agriculture, Food & Beverage, Cement, Metal Processing, Pharmaceutical, Power, Other End-users), Compactness (Compact, Non-Compact), Product Type (Molecular, Particulate), and Regional Outlook (Europe, Asia-Pacific, North America, Latin America, Middle East and Africa).

The report also discusses the Market Summary, Industry Outlook, Impact of COVID-19, Key Insights, Porter’s Five Forces Analysis, Market Attractiveness Index, Vendor Scorecard, Industry Components, Regulatory Framework, Key Market Strategies, Drivers, Challenges, Opportunities, Competitive Landscape, Research Methodology & Scope, Global Market Size, Forecasts & Analysis (2022-2028).

Triton Market Research’s report insinuates that the global industrial air purifier market is set to grow with a CAGR of 7.06% from 2022 to 2028.




 

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Industrial air purifiers help improve the air quality in closed industrial settings. They entail a durable frame comprising certain filter media types that are sealed to prevent leaks between the media and frame. 

The growing adoption of molecular industrial air purifiers and the economic impact of degrading air quality creates various opportunities for the industrial air purifier market. For instance, molecular filters employ activated carbon beds to collect volatile chemicals, fumes, and gasses during industrial processes. They are considered highly suitable for application in pharmaceutical, food and beverage, and other industries requiring extremely clean environments.

However, the high maintenance cost of air filtration systems and emission of harmful by-products by these filters negatively impact the global development of the industrial air purifier market.

The Asia-Pacific is anticipated to witness the fastest growth over the forecast period. The region’s growth can be attributed to industrialization and rising pollution levels. In recent years, the rise in infrastructural projects has hampered the air quality across the region, boosting the demand for air cleaners. Additionally, governments and private research institutes are striving to develop advanced filtration systems to curb emissions. Therefore, as stated above, these factors are anticipated to widen the scope and growth of the studied market.

Daikin Industries Ltd, Ducon Technologies, SPX Corporation, John Wood Group Plc, Elex AG, Trotec GmbH, Mann+Hummel Group, Camfil AB, Babcock & Wilcox Enterprises, Honeywell International Inc, Euromate BV, Hamon Group, General Electric Company, Thermax Ltd, GEA Group AG, and Parker Hannifin Corporation are major companies thriving in the industrial air purifier market.

There is a need for high initial capital investment for the development of specialized plants and machinery. Moreover, several end-users prefer quality and are inclined toward established brands. This considerably lowers the threat of new entrants in the market. Furthermore, product differentiation is significant, resulting in high competition among existing players.

 

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