Gas Phase Filtration Market worth 2.17 billion USD by 2023 - PowerPoint PPT Presentation

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Gas Phase Filtration Market worth 2.17 billion USD by 2023

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The overall gas phase filtration market is expected to grow from USD 1.73 billion in 2018 to reach USD 2.17 billion by 2023 from, at a CAGR of 4.55%. – PowerPoint PPT presentation

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Updated: 12 July 2018
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Title: Gas Phase Filtration Market worth 2.17 billion USD by 2023


1
MarketsandMarkets Presents
Gas Phase Filtration Market by Type (Packed Bed,
and Combination), Media (Activated Carbon,
Potassium Permanganate, and Blend), Application
(Corrosion Toxic Gas Control and Odor Control),
End User, and Geography - Global Forecast to
2023 According to the new market research
report "Gas Phase Filtration Market by Type
(Packed Bed, and Combination), Media (Activated
Carbon, Potassium Permanganate, and Blend),
Application (Corrosion Toxic Gas Control and
Odor Control), End User, and Geography - Global
Forecast to 2023", the overall gas phase
filtration market is expected to grow from USD
1.73 billion in 2018 to reach USD 2.17 billion by
2023 from, at a CAGR of 4.55. The awareness of
the impact of poor indoor and outdoor air quality
on human health and need for clean air is the
major factor driving the growth of this market.
The implementation of strict government
regulations to protect the environment also fuels
the market growth.
2
Packed bed filters expected to hold a larger
share of the gas phase filtration market during
the forecast period The packed bed filters are
likely to hold a larger market size during the
forecast period owing to their high efficiency of
removing aberrant gases and controlling odors in
different industries such as pulp paper,
chemicals and petrochemicals, healthcare, metals
mining, and semiconductor manufacturing as
highly toxic gases and VOCs are released in these
industries. Moreover, these filters are cheaper
than that of combination filters, which fuels
their demand for removing indoor air
pollutants. Report Information
https//www.marketsandmarkets.com/Market-Reports/
gas-phase-filtration-market-85576849.html The
gas phase filtration market for the healthcare
industry to grow at the highest CAGR during the
forecast period Among the gas phase filtration
end users, the market for the healthcare industry
is estimated to grow at the highest CAGR during
the forecast period. In the healthcare industry,
the hospital staff and patients are constantly
exposed to infection and cross-contamination
hazards, thereby adopting clean air solutions for
preventing spreading of viruses and pathogenic
bacteria and for protecting people against
diseases transmitted through the air.
3
The gas phase filtration market in APAC expected
to grow at the highest CAGR during the forecast
period The gas phase filtration market in APAC is
expected to grow at the highest CAGR between 2018
and 2023. This growth is due to the high economic
growth witnessed by several emerging economies in
the region such as China and India. Further,
several international companies have built their
manufacturing plant in APAC owing to the easily
available raw materials and low-cost labor.
Additionally, new power generation stations are
also being set up in the region to fulfill the
growing demand for energy from several
industries. All these factors are expected to
fuel the growth of the gas phase filtration
market in APAC. Report Information
https//www.marketsandmarkets.com/Market-Reports/
esports-market-123759465.html Major players
operating in this market are Camfil (Sweden),
American Air Filter (AAF) Company (US), Donaldson
Company (US), Freudenberg (Germany), Clarcor
(Parker Hannifin Corporation) (USA), Bry-Air
(Asia) (India), Purafil (US), Circul-Aire
(Canada), Kinberley-Clark (US), and Promark
Associates (USA). This research report
categorizes the global gas phase filtration
market on the basis of type, media, application,
end user, and region. It describes the drivers,
restraints, opportunities, and challenges with
respect to the gas phase filtration market.
4
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