Global Market Insights provides a detailed overview of Europe Industrial Air Filtration Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market in conjunction with the geographical landscape, demand spectrum, remuneration scale, and growth graph of this vertical have also been included in this report.
UK industrial air filtration industry is anticipated to record highest gains of 7.5% over 2015-2022 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.
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According to Global Market Insights, Inc., “Europe Industrial Air Filtration market share worth USD 1 billion in 2014, is projected to surpass USD 1.89 billion by 2022, registering a CAGR of 7.9% over 2015-2022.” Growing demand for high performing devices that help in reducing greenhouse gas emissions as well as energy consumption is anticipated to favor the market trends in the near future.
Rapid industrial development along with strict implementation of food safety norms to prevent health hazards are expected to boost to Europe industrial air filtration market growth. Introduction of high performing as well as technologically advanced media filters is expected to drive the industry trends over the coming years.
Europe Industrial Air Filtration Market, By Application
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Europe Industrial Air Filtration Market, By product
- Dust collectors
- Mist collectors
- HEPA filters
- Baghouse filters
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.
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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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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