The new report by Expert Market Research titled, Global Industrial Air Purifier Market Report and Forecast 2021-2026’, gives an in-depth analysis global industrial air purifier market assessing the market based on type, portability, end-use and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2016-2026)
- Historical Market Size (2020): USD 2,804.8 Million
- Forecast CAGR (2021-2026): 2%
- Forecast Market Size (2026): USD 3,919 Million
Key drivers are the need for desired air quality in various industries. In addition, the industry is expected to grow as environmental concerns rise and natural stores are reduced. Technological advances in air control solutions also contribute to the growth of the market. The operating and maintenance costs of an air filtration system are reduced.
Industry Definition and Major Segments
Industrial Air Purifier systems are used to remove undesired dust and smoke particles from the air, making it suitable for industrial usage or for human breathing, to ensure that the air is contaminant-free. There are many various sorts, sizes, and models to choose from when it comes to air filtration systems, but they all work in the same way. Air filtration systems employ internal fans to draw in fresh air, which is then passed through a succession of air filters with varying degrees of efficiency to remove pollutants and airborne particles from the air we breathe.
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Based on type, the market is segmented into:
- Molecular
- Particulate
Based on portability, the market is divided into:
- Portable
- Non-Portable
Based on end-use Industry, industrial air purifier industry is segmented into:
- Food and Beverage
- Metal Processing
- Agriculture
- Construction
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Market Trends
The market for molecular industrial air purifiers is dominated by this sector. The non-portable air purifiers category generated the most income in the portability segment, owing to its widespread use in big industrial settings. The market for portable industrial filters is expected to rise during the forecast period, thanks to continual advancements in filter technology and increased filtration capacity of portable purifiers.
Europe has the largest market share. Government rules have resulted in a large market share. Both domestic and international businesses compete in this market. Asia-Pacific, on the other hand, is expected to develop at the fastest CAGR throughout the projected period, owing to firms’ large-scale expenditures in industries.
Key Market Players
The major players in the market are Airoshine Air Purifiers, Camfil AB, Daikin Industries, Ltd., Euromate BV, Honeywell International, Inc. and among others. The report covers the market shares, capacities, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
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