Asia Pacific Industrial Air Filtration Market size is projected to reach $1.65 billion by 2024.Contaminated air mixed with suspended matters and chemicals need to be filtered before it is released into the air. Functioning of effective production facilities across several industrial applications including cement, metal, and food requires utilization of industrial air filtration systems for refining air quality at low prices thus boosting product demand.
China industrial air filtration market is projected to surpass USD 910 million by 2024 owing to growing demand for infrastructural capabilities for power generation. Rising demand for electricity has fueled power generation activities which will favor product demand to ensure air quality. Traditional biomass ignition causes pollution, hence driving market growth for clean air. Rise in economic standards along with flourishing end-use industries in this region should upsurge product demand thereby promoting industry growth in this region.
Rapid industrialization along with scare resource is likely to catalyze Asia Pacific industrial air filtration market demand. Growing development of innovative raw materials and small fibers, offering advanced degree of filtration would cater product demand. Operational cost and heavy capital investments would hamper air filtration market profitability. Pollulated air filtration requires added equipment which will increase maintenance cost and energy consumption thus restraining the market growth.
India industrial air filtration market size from spices is anticipated to surpass USD 5 million by 2024.Presence of major spices manufactures including Everest, MDH, MTR, Ramdev, Catch spices which have installed air filtration in the production unit for their employees well-being due to regulatory framework to prevent respiratory issues which may act as a key driving factor for regional industrial air filtration demand.
Asia Pacific Industrial Air Filtration Market share is slightly consolidated and capital intensive. Major players operating in the industry includes Cummins Inc, Nederman, Mann Hummel, Camfil Group, Pall Corporation, Lydall, AAF, and Donaldson Co.
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