The Europe industrial air filtration market size is expected to reach USD 4.61 billion by 2027, expanding at a CAGR of 6.5% from 2020 to 2027, according to a study conducted by Grand View Research, Inc. Stringent government regulations, intense competition among key players, technological advancements, and the development of cost-effective filtration solutions is expected to positively impact the growth. Furthermore, factors such as increased investments in industrial applications, stricter environmental constraints along with environment awareness are also anticipated to fuel the market growth.
The
market is expected to witness significant growth on account of stringent
government regulations in the European Union (EU). The market for industrial
air filtration in Europe is expected to be primarily driven by the enforcement
of occupational health and safety regulations. Favorable government regulations
create and drive the demand for products that help limit emissions. The
Directive on Integrated Pollution Prevention and Control (IPPC) along with
several sectoral directives on large combustions plants set emission limit
values (ELVs) designed to deliver reductions in anthropogenic emissions to air
from industrial sources. Furthermore, the formulation of EN 779:2011, a
European standard for particulate air filters is also expected to fuel the
demand over the forecast period. The new standard will help eliminate several
issues related to synthetic filters and filter performance.
Financial
drivers may also play a key role in incentivizing end users to enhance
manufacturing performance and reduce costs. The key requirement of the IPPC
Directive is the application of Best Available Techniques (BAT). The main
objective of this policy is to stimulate the diffusion of several advanced
environmental technologies across diverse industries. This objective is
achieved through the BREF process that defines techniques as being BAT and at
the same time outlines BAT emission levels for use across the EU.
Surging
demand for products that deliver high-performance and improved efficiency,
while at the same time reduce energy consumption, is also expected to favorably
impact the regional growth over the forecast period. High efficiency is a key
requirement for any industrial air filtration system. Additionally, filter
media performance is also crucial in any industrial air filtration system, and
therefore, manufacturers emphasize on developing more efficient solutions
without compromising on other filtration requirements.
The
emergence of new raw materials including, small fibers coupled with
advancements in the non-woven technology is expected to offer avenues for the
market growth over the forecast period. Owing to this, manufacturers are taking
R&D initiatives to innovate in the field of nanotechnology and small
fibers. However, high cost of materials is expected to hinder the market
growth.
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Europe Industrial
Air Filtration Market Report Highlights
- HEPA filters
are projected to expand at a CAGR of over 7.2% over the forecast period.
This upsurge is attributed to its technical benefits such as greater
machine availability and reliability, maintenance of high initial power
output, improved efficiency, increased component life, zero production
downtime, and lower emissions
- Oil mist
collectors are also expected to exhibit significant penetration and growth
over the next few years. This can be attributed to increasing applications
across the food and beverage and metal processing industry. Their ability
to eliminate any air-borne contaminants and improving the food quality as
well as safety is also expected to power the segment growth
- Food end-use
segment is expected to expand at a CAGR of over 8% from 202 to 2027.
Stringent sanitary regulations, cross contamination, and/or food handling
regulations, are some of the factors expected to favourably impact the
growth
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Europe Industrial
Air Filtration Market Segmentation
Grand View Research has
segmented the Europe industrial air filtration market on the basis of product,
end use, and region:
Europe Industrial
Air Filtration Product Outlook (Revenue, USD Million, 2016 - 2027)
- Dust Collectors
- Oil Mist Collectors
- HEPA Filters
- Cartridge Collectors & Filters (CC&F)
- Baghouse Filters
- Welding Fume Extractors
- Wet Scrubbers
- Dry Scrubbers
Europe Industrial
Air Filtration End Use Outlook (Revenue, USD Million, 2016 - 2027)
- Cement
- Food
- Metals
- Power
- Pharmaceuticals
- Agriculture
- Paper & Pulp and Woodworking
- Plastic
- Others
Europe Industrial
Air Filtration Regional Outlook (Revenue, USD Million, 2016 - 2027)
- Europe
- U.K.
- Germany
- France
- Italy
- Turkey
- Sweden
- Spain
- Poland
List of Key
Players of Europe Industrial Air Filtration Market
- Alfa Laval
- Air Products and Chemicals, Inc.
- Parker Hannifin Corporation (Clarcor Inc.)
- Daikin Industries, Ltd.
- Honeywell International, Inc.
- 3M
- MANN+HUMMEL
- Sharp Corporation
- SPX Corporation
- 3nine AB
- Absolent AB
- AFS Air Filter Systeme GmbH
- Camfil Air Pollution Control (APC)
- Nederman
- LTA Industrial Air Cleaning
- Keller Lufttechnik GmbH + Co. KG
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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