Industrial Air Purifiers Market
According to a new report published by Allied Market Research, titled, “Industrial Air Purifiers Market by Type, Portability, and End-user Industry: Opportunity Analysis and Industry Forecast, 2020–2027,” the global industrial air purifiers market size is expected to reach $4,164.2 million in 2027 from $2,711.0 million in 2019, growing at a CAGR of 5.8% from 2020 to 2027. In 2019, Asia-Pacific dominated the market, in terms of revenue, accounting for a 34.1% share of the global industrial air purifiers market.
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An industrial air purifier is a devices that aids in maintaining the indoor air quality of industrial workshops, which are contaminated by pollutants generated in various industrial processes such as metal processing, food & beverage processing, welding fumes, and volatile solvents. Industrial air purifiers majorly constitute high-efficiency particulate air (HEPA) filters and molecular filters. Molecular filters assist in trapping fumes, oil mist, and mold spores, whereas, particulate filters trap larger particles of dust and metal particles. Therefore, industrial air purifiers provide clean air for industrial workers to prevent health risks such as pollen allergies and asthma. In addition, the rise in concerns regarding air pollution promotes the use of air purifiers for indoor applications. Air pollution triggered due to industrial emissions, vehicle exhausts, and power generation activities has caused serious health issues such as respiratory disorders and other long-term ailments within the population. This has created awareness regarding the maintenance of air quality indoors where a person spends majority of time. Industries provide employment to nearly 23% of the population, globally. Thus, it is important for the authorities to maintain the health of their employees working in industrial spaces, which majorly drives the growth of the industrial air purifiers market.
The countries such as China and India have major manufacturing industries and employ millions of individuals. Thus, Asia-Pacific was the highest contributor in the industrial air purifiers industry in 2019. However, the LAMEA is anticipated to exhibit significant growth during the forecast period, owing to an increase in manufacturing activities. Furthermore, the U.S. and China trade war has led various U.S.-based manufacturers to close their production units in China and establish them in Latin America, which is expected to create lucrative opportunities for industrial air purifiers market growth in LAMEA during the forecast period.
Depending on the type, the molecular industrial air purifiers segment held the major share of the market in 2019. Considering the portability segment, the non-portable air purifiers segment generated the highest revenue during 2019, owing to the high adoption of this equipment in large industrial spaces. However, with constant developments in filter technologies and an increase in infiltration capacities of portable purifiers, the demand for portable industrial filters is projected to surge during the forecast period.
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The global industrial air purifiers market is segmented into type, portability, end-user industry, and region. By type, the market is bifurcated into molecular and particulate. Depending on portability, it is classified into portable and non-portable. On the basis of the end-user industry, it is differentiated into food & beverage, metal processing, agriculture, construction, and others.
The global industrial air purifiers market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, and the Rest of Europe), Asia-Pacific (China, India, Japan, and the Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific has held the largest market share in 2019, whereas LAMEA is expected to grow at the fastest rate throughout the study period.
Key Findings Of The Study
By type, the molecular segment dominated the global industrial air purifiers market share in 2019.
On the basis of portability, the portable air purifiers segment is expected to generate high revenue, globally.
Depending on the end-user industry, the metal processing segment garnered a major share of the industrial air purifiers market in 2019.
Region-wise, Asia-Pacific dominated the market in 2019.
LAMEA is expected to witness a high growth rate during the forecast period.
The major players operating in the industrial air purifiers industry include Camfil, Honeywell International Inc., SPX Corporation, Trotec GmbH, Parker Hannifin Corporation, Euromate BV, VFA Solutions B.V., AAF International, Airoshine Air Purifiers, and Mankastu Impex Pvt. Ltd. (Atlanta Healthcare).
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This release was published on openPR.