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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.
The market for metals industrial air filtration is expected to grow 6.8 percent by 2027. Aluminium and steel mills emit significant amounts of hazardous gases and smoke. Grinding employees’ increased risk of pneumoconiosis drives demand for industrial air filtration systems throughout the metal manufacturing industry. The use of welding fumes is expected to increase by about 7%.
To improve air quality, governments and regulatory bodies have imposed stringent industry requirements. The United States’ Clean Air Act, for example, enacted legislation to reduce air pollution. Industrial air filtration companies have been forced to use air filtering devices in order to comply with strict air quality laws.
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“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.”
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The market’s major players include Alfa Laval (Sweden), Donaldson (US), Danaher (US), Parker Hannifin (US), Eaton (Ireland), and Ahlstrom-Munksjö (Sweden) (Finland).
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The post Demand Will Exceed A US$45.2 Billion Market Value By 2027 for Industrial Air Filtration : FMI appeared first on Future Market Insights.
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