HEPA filter product segment in Europe Industrial Air Filtration Market to reach $450mn by 2022

1
Europe Industrial Air Filtration Market to grow
at 7.9 CAGR from 2016 to 2022 Fractovia.org
Fuel Cell Market size worth 25.5bn by 2024
2
Key Insights of Europe Industrial Air Filtration
Market

• 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.
• 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.
• 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 market 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.

3
Continued

• 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 over the
  period of 2015-2022.
• Major industrial air filtration products include
  HEPA filters, cartridge collectors, baghouse
  filters, dust collectors, and mist collectors.
  HEPA filters market share 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 over 2015-2022, 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.

4
Germany industrial air filtration market size by
application, 2012 - 2022 (USD Million)

5

Browse Full Market Research Report Europe
Industrial Air Filtration Market _at_
https//tinyurl.com/h3npp4m Request for a
Sample of this Research report _at_
https//www.fractovia.org/request-sample/234
6
Continued.

• 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 RD 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. 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.
• The industry 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.

7
Stay In Touch Website https//www.fractovia.org
Social Media