Air filters are prominently used in research facilities, laboratories, hospitals, power generation units, fuel processing sectors, and waste management to help get rid of pollutants, pollens, dust, debris, mist, oil droplets, abrasion particles, contaminants, and other coarse particulates, thereby driving Asia Pacific air filtration market. The rising need to optimize energy consumption, reduce vehicle emissions, conserve energy, and reduce environmental pollution will impel Asia Pacific air filtration industry over 2016-2023. To achieve 100% efficiency and dirt absorption, companies are now manufacturing efficient industrial filters with safety mechanisms and advanced features that will aid in completely eradicating pollutants from the atmosphere.
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Industrial products contributed to more than 27% of Asia Pacific air filtration market revenue in 2015, subject to the high demand of air filters in the medical sector and laboratories. The sub-products of industrial filters, such as dust collectors, baghouse filters, cartridge collectors & filters, mist collectors, and HEPA filters, are also extensively used across the cement, metal, and power sectors, to absorb dust, moisture, pollutants, and allergens, owing to which Asia Pacific air filtration market from industrial products is expected to register a CAGR of 9.5% over 2016-2023.
Asia Pacific air filtration market growth is characterized by the necessity to conserve energy and increase engine efficiency by means of enhancing the existing emission control systems. Air filters basically help filter out the impurities in the air, including, but not limited to pollen, bacteria, dust, and mold. Combined with a catalyst, air filters help absorb pollutants and odors from the atmosphere as well. Their extensive utilization in numerous applications such as cement, pharmaceuticals, food, and power generation sectors will stimulate Asia Pacific air filtration industry, given that the region is touted to have enormous growth prospects in the aforementioned application domains. Growing environmental awareness, the need to conserve energy on a large scale, and rapid industrialization and urbanization will fuel Asia Pacific Air Filtration Market size, slated to cross a revenue of USD 6.6 billion by 2023, with a CAGR projection of 8.6% over 2016-2023.
Asia Pacific air filtration market by Application:
Important pointers encompassed pertaining to the Application spectrum:
- The report encompasses major details about the Application spectrum.
- The target valuation that each of the sub-segments of the Application landscape will procure by the end of the anticipate period are mentioned in the report.
- The market share that these sub-segments held are also entailed in the study.
- The global trends that define the Application landscape are discussed in the report.
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Mist collectors, a vital product of Asia Pacific air filtration market, have numerous applications in metal processing and the food & beverage sectors. Subject to this factor, Asia Pacific air filtration mist collectors market will grow significantly over the next few years.
Dust collectors, another key industrial product, is highly capable of removing dust from heavy industrial operations and requires minimal maintenance, subject to which Asia Pacific air filtration dust collectors industry will witness a significant growth rate over 2016-2023.
Other important pointers encompassed pertaining to the Asia Pacific air filtration market:
- The study mentions information about the revenue estimate of the market by the end of the forecast duration.
- The market share accounted for each of the segments are discussed in the report.
- The study also discusses the ongoing and future trends defining the Asia Pacific air filtration market.
Key industry participants include:
- Cummins Corporation
- Denso Corporation
- Mann-Hummel Company
- Sogefi group
- Mahle GmbH
- Nederman Company
- Camfil Company
- Donaldson Company
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