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Australia industrial air filtration market is projected to exceed USD 45 million up to 2024. Growing consumer awareness and inclination towards high quality product and need to comply with strict regional government regulations pertaining towards curbing air pollution and ensuring employee safety & health along with growing concern towards global warming should fuel regional market growth.
Benefits provided by air filtration systems include removal of harmful and hazardous substances from the air thus producing clean and less harmful air devoid of toxic substances. Air filtration has seen a rising demand from various industries including food and beverage industry and other manufacturing sectors, where the proportion of fumes and dust particles in the air is high. The high cost of installation and operating expenses are anticipated to increase total life-cycle costs for an industrial air filter thus hampering industrial air filtration industry profitability.
Industrial air filtration market size from HEPA filters is anticipated to surpass USD 410 million by 2024 owing to high efficiency offered by these filters to remove contaminants, sub-micron particles, and droplets by using diffusion and other techniques is expected to drive the product demand. This growth in demand can be ascribed to high penetration capability of these products across pharmaceutical, metal processing and power industry.
Asia-Pacific industrial air filtration market share is slightly consolidated and competitive. Major players operating in the industry includes Pall Corporation, Donaldson Co., Lydall, AAF, Cummins Inc, Camfil Group, Nederman, and Mann Hummel.
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Table of Content:
Chapter 1.Methodology & Scope
Market scope & definitions
Assumptions
Research methodology
Chapter 2.Executive Summary
Chapter 3.Industry Insights
Industry segmentation
Industry ecosystem analysis
Industry impact forces
Growth drivers
Growth restraints
Regulatory overview
Porter’s analysis
PESTEL analysis
Competitive landscape, 2019
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