Europe Industrial Air Filtration Market 2022: Recent Trend, Top Key Players & Regional Analysis
The Europe Industrial Air Filtration Market is set to grow from its current market value of more than USD 1 billion to over USD 1.85 billion. Industrial air filtration finds application in Cement, Pharmaceuticals, Power, Metals, and Food & Beverages sectors. Food & Beverages as well as metal industries, which made significant contributions to the overall revenue of Europe industrial air filtration industry in 2014, are predicted to witness high growth trends over the coming timeframe, owing to rising concerns about sanitation norms, food handling rules, and cross contamination in Europe.
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Europe Industrial Air Filtration Market from HEPA filters segment is projected to surpass USD 450 million by 2022. It finds wide application in pharmaceutical and food & beverage sectors owing to the ability to improve indoor air quality and prevent the growth of air-borne microorganisms. Mist filters market is projected to record a CAGR of 8.1% over the coming six years owing to its use in removing oil mist, vapor, and fume during food & beverages processing.
Dust collectors market, which contributed over 20% of the global revenue in 2014, is expected to record a CAGR of 7.8% by 2022, owing to its low operating costs and efficiency. It helps in maintaining health & safety of the industrial workers and improves the air quality of the manufacturing units.
Furthermore, implementation of strict rules to control dust emissions in the atmosphere is expected to drive the demand for air filtration systems in food & metal industries. Europe industrial air filtration market size, which accounted over 12% of the global revenue in 2014, is expected to grow at a rate of 7.6% by 2022.UK industrial air filtration industry is anticipated to record highest gains of 7.5% by 2022 due to growing awareness about air pollution among consumers along with rise in gross income of the population. Every year, nearly 29000 deaths occur due to air pollution in UK. France, Turkey, and Italy are also predicted to contribute significantly towards the regional share over the timeframe.
Germany industrial air filtration market, which contributed significantly towards the global revenue in 2014, is expected to surpass USD 400 million by 2022. Increase in R&D activities in food & beverages sector coupled with a significant rise in metal processing industries in Germany is expected to boost the demand for air filtration systems over the coming years.
The Europe industrial air filtration market is predicted to witness high competition over the timeframe with few of the major players expected to adopt mergers & acquisitions as a key business strategy to improve their market share. Key industry players include Clarcor Filtration Company, Cummins Filtration, Pall Corporation, Donaldson Company, and SPX Corporation.
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Some Point from Table of Contents:
Chapter 5 Europe Industrial Air Filtration Application Insights
5.1. Industrial air filtration market share by application, 2014 & 2022
5.2. Cement
5.2.1. Europe Industrial Air Filtration Market estimates and forecasts, by region, (USD Million), 2012 - 2022
5.3. Metal
5.3.1. Market estimates and forecasts, by region, (USD Million), 2012 - 2022
5.4. Food
5.4.1. Market estimates and forecasts, by region, (USD Million), 2012 - 2022
5.5. Power
5.5.1. Europe Industrial Air Filtration Market estimates and forecasts, by region, (USD Million), 2012 - 2022
5.6. Pharmaceutical
5.6.1. Market estimates and forecasts, by region, (USD Million), 2012 - 2022
5.7. Others
5.7.1. Market estimates and forecasts, by region, (USD Million), 2012 - 2022
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