The industrial air filter market is expected to grow from US$ 6.44 billion in 2021 to US$ 10.97 billion by 2028; it is estimated to grow at a CAGR of 7.9% during 2021–2028.
Analyst Perspective:
The industrial air filter market has grown substantially and expanded in recent years. This can be attributed to several key factors driving the demand for air filtration systems in industrial settings. One of the primary drivers is the rapid pace of industrialization across various sectors worldwide. As industries expand and production processes intensify, airborne pollutants and contaminants increase. This necessitates implementing effective air filtration systems to maintain optimal air quality and protect workers' health. Another significant factor contributing to the market's growth is the tightening of government and environmental agencies' air quality standards and regulations. These regulations aim to minimize emissions and pollutants released into the atmosphere by industrial operations. As a result, industries are compelled to invest in advanced air filtration technologies to comply with these stringent standards.
Furthermore, there is an increasing awareness among industrial stakeholders about the detrimental effects of poor air quality on productivity, worker well-being, and overall operational efficiency. Industrial air filters play a crucial role in removing harmful particles from the air, such as dust, smoke, chemicals, and allergens, creating a healthier and safer work environment. The industrial air filter market encompasses various products catering to diverse industrial sectors, including manufacturing, automotive, pharmaceuticals, food processing, chemical plants, and electronics. These filters vary in size, efficiency, and technology, depending on the specific requirements of each industry.
Market Overview:
To enhance the quality of indoor and outdoor air, air filters reduce or remove impurities from the air. Any heating, ventilation, and air conditioning system needs industrial air filters to remove foreign particles from the air. Industrial air filters are crucial in any business where processes produce smoke and pollutants. These filters maintain indoor air quality (IAQ) in enclosed environments by filtering out contaminants such as pollen, dust, and chemical pollutants. Industrial air filters also prevent pollutants from entering industrial machinery, reducing the risk of machine damage from big foreign particles.
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Industrial Air Filter Market: Strategic Insights
Market Size Value in US$ 6.44 billion in 2021 Market Size Value by US$ 10.97 billion by 2028 Growth rate CAGR of 7.9% from 2021 to 2028 Forecast Period 2021-2028 Base Year 2021
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Industrial Air Filter Market: Strategic Insights
| Market Size Value in | US$ 6.44 billion in 2021 |
| Market Size Value by | US$ 10.97 billion by 2028 |
| Growth rate | CAGR of 7.9% from 2021 to 2028 |
| Forecast Period | 2021-2028 |
| Base Year | 2021 |
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Market Driver:
Growing Awareness of Health and Safety to Drive Growth of Industrial Air Filter Market
The growing awareness of health and safety in industrial settings plays a significant role in driving the growth of the industrial air filter market. As organizations and industries become more conscious of the impact of air quality on the well-being and safety of their workers, there is a heightened emphasis on creating clean and healthy indoor environments. This awareness leads to an increased demand for effective air filtration systems, thereby fueling market growth. Organizations prioritize the well-being of their workforce, recognizing that poor air quality can result in respiratory problems, allergies, and occupational diseases. By investing in high-quality air filtration systems, companies aim to improve indoor air quality and provide a safe working environment for their employees. This focus on worker well-being drives the demand for industrial air filters, contributing to market growth.
Governments and regulatory bodies impose stringent occupational health and safety regulations. These regulations often include specific requirements for maintaining acceptable air quality standards in industrial settings. Organizations must concede with these regulations to avoid penalties and legal liabilities. There is a growing demand for effective air filtration systems to meet these compliance requirements, further propelling the market growth. Clean and healthy indoor air quality also directly impacts worker productivity and overall operational efficiency. When employees are exposed to clean air, they experience fewer health issues, reduced fatigue, and improved concentration and focus. Recognizing this, organizations invest in industrial air filters to optimize their workforce's performance, ultimately improving productivity and operational efficiency.
Additionally, organizations that prioritize the health and safety of their employees can build a positive reputation and brand image. Consumers, investors, and talent are increasingly inclined to support businesses committed to worker well-being and environmental sustainability. By investing in advanced air filtration systems to provide a clean and healthy working environment, companies can enhance their reputation and gain a competitive edge in the market. The growing awareness of health and safety in industrial settings also reflects changing consumer preferences. Consumers are now more conscious of the products they purchase and the companies they support. They prefer businesses that prioritize worker well-being and environmental responsibility. Therefore, organizations committed to providing clean and healthy air quality through industrial air filters can align with these consumer preferences, positioning themselves favorably in the market.
Segmental Analysis:
Based on product, the industrial air filter market is bifurcated into dust filter, mist filter, baghouse filters, cartridge collectors and filters (CC and F), HEPA filter, wet scrubbers, and dry scrubbers. The wet scrubbers segment held the largest share of the market in 2020 and is anticipated to register the highest CAGR in the market during the forecast period. Wet scrubbers have emerged as the dominant industrial air filter market segment for several reasons. They offer high efficiency in removing contaminants, versatility across industries, and compliance with stringent emission regulations. Wet scrubbers effectively eliminate hazardous substances and control particulate matter, making them a preferred choice for various industrial sectors. Technological advancements, cost-effectiveness, and long-term benefits further dominate their market. Overall, wet scrubbers' comprehensive pollutant removal capabilities and widespread applications have secured their position as the leading solution in the industrial air filter market.
Regional Analysis:
The North America industrial air filter market was valued at US$ 2.10 billion in 2021 and is projected to reach US$ 3.45 million by 2028; it is expected to grow at a CAGR of 7.4% during the forecast period. The North American region has emerged as the dominant market in the industrial air filter industry, primarily due to several key factors contributing to its leading position. Firstly, North America is known for implementing stringent environmental regulations, particularly in countries like the United States and Canada. These regulations aim to control and reduce air pollution, improve air quality, and protect public health. Industrial sectors in North America are required to comply with these strict emission standards, which drives the demand for advanced air filtration technologies. Companies in the region prioritize adherence to these regulations, leading to a higher adoption rate of industrial air filters. Secondly, North America has a well-developed and diverse industrial sector. The high industrialization and industrial activity in North America results in significant emissions and pollutants being released into the atmosphere. To address environmental concerns and protect worker health, industries in North America invest in advanced air filtration systems. Thus, industrial air filter demand is higher in this region than in others.
Furthermore, North America is characterized by a culture of technological advancements and innovation. The region has a robust research and development infrastructure, enabling the continuous development of cutting-edge air filtration technologies. Manufacturers in North America are at the forefront of developing and commercializing advanced filtration solutions that provide high efficiency and improved performance. This technological leadership gives North American companies a competitive edge and contributes to the region's industrial air filter market dominance. Additionally, the growing awareness of the importance of air quality in North America has been a driving force behind the increased adoption of industrial air filters. Both industries and individuals increasingly recognize clean air's health and environmental benefits. This heightened awareness has led to a greater demand for air filtration solutions, further propelling the market growth in North America.
Key Player Analysis:
The industrial air filter market analysis consists of the players such as Honeywell International Inc, MANN+HUMMEL International GmbH & Co, Beko Technologies, Sentry Air Systems, Nordic Air Filteration A/S, Donaldson Company, Filtration Group Industrial, Pall Corporation, General Filter Italia, and Camfil. Among the players in the industrial air filter as Honeywell International Inc and Donaldson Company are the top two players owing to the diversified product portfolio offered.
Recent Developments:
Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the Industrial Air Filter market. A few recent key market developments are listed below:
- In November 2021, Alfa Laval strengthened its LNG portfolio with the gas combustion unit 2.0. This new investment will help the company to expand its territory over several gulf countries.
- In September 2021, Eaton introduced a new Zero-leak Compact Combo Valve that safely vents harmful evaporative fuel vapors in the tank by stacking a Fill Limit Vent Valve (FLVV) and a new Zero-Leak Grade Vent Valve (GVV)
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Component, and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
This demand is mainly driven by an end-user preference for environmentally friendly air filters to reduce industrial workers' health risks. Manufacturers are increasingly creating energy-efficient air filters, such as rigid cellular filters, pleated filters, and pocket filters, that is both efficient and simple to install. Clarcor, for example, is a market participant that produces high-efficiency HVAC filters and antimicrobial filters that work in all climates. Furthermore, the rising desire for better environmental conditions in the residential and commercial sectors may present profitable prospects for the industrial air filter market. Furthermore, Camfil introduced the Absolute V, an energy-efficient HEPA air filter, in February 2020. It saves 20% of the energy used. Moreover, In April 2020, Parker presents an energy-efficient HVAC filter. HVAC systems for food processing, microelectronics production, clean manufacturing facilities, hospitals and healthcare facilities, and industrial manufacturing use Parker QuadSEAL 4 in filters. Thus, increasing demand for energy-efficient and higher-performing air filtration technologies is expected to propel the industrial air filter market forward.
on the basis of application the market is sub-segmented into cement, food and beverages, metals, power generation, pharmaceutical, chemical, oil and gas, others. The power generations segment led the industrial air filter market.
Based on product, the market is segmented as Dust Filters, Mist Filters, Baghouse Filters, Cartridge Collectors and Filters (CC and F), HEPA Filters, Wet Scrubbers, Dry Scrubbers. The dry scrubbers segment led the industrial air filter market with a market share of XX% in 2020. Further, it is expected to garner XX% share by 2028
With rising levels of air pollution worldwide, regulatory bodies have implemented various clean air regulations, prompting several sectors to integrate air filter units into their systems, which is a driving factor for market growth. Increased industrialization worldwide, such as in the cement, metal processing, pharmaceutical, and chemical industries, is another element driving expansion. Pollutants are also managed and monitored as a result of growing environmental concerns that promote business expansion. Over time, high capital investment works as a stifling factor for sector competitiveness. Production and installation of such components into the system is a costly event, which impedes the industries' expansion.
The key companies operating in the field of industrial air filter market that are profiled in the report include Honeywell International Inc, MANN+HUMMEL International GmbH & Co, Beko Technologies, Sentry Air Systems, Nordic Air Filteration A/S, Donaldson Company, Filtration Group Industrial, Pall Corporation, General Filter Italia, Camfil among many others.
Some of the most recent filtration advancements are based on new developments in filter design and media technology, fueled by legislative responses to climate change and rising GHG emissions. Filtration system designers and plant managers can now reduce their operating costs and save energy while maintaining the highest quality standards and achieving a performance boost thanks to innovative filtration products. There are numerous advancements in air filtering technologies for industrial uses, including automotive and other industrial applications, profiling breakthroughs such as Capaceon, NANOWEB, NanoWave, Synteq XP, PowerCore, and Ultra-Web. For instance, Donaldson, a prominent global provider of filtration systems and replacement parts, recently introduced Synteq XP compressed air filter media, which the firm claims boosts efficiency while decreasing energy consumption by as much as 40% due to a much lower media delta pressure. Furthermore, Hollingsworth & Vose Company designed and developed NanoWave, an all-synthetic extended surface, high-loft material that is environmentally friendly. The material has three times the dirt retention capacity of standard media and was designed for the ASHRAE (American Society of Heating, Refrigeration, and Air Conditioning Engineers)-certified HVAC bag filter media market. Delta pressure levels are projected to fall more in the coming years as filtering efficiency is required. The pressure to satisfy increased environmental demands develops, and new inventions, such as advancements in nanotechnology, are introduced to the market. Moreover, inhibited oxidation, for instance, has various advantages in wet scrubbers, including low reagent cost, reduced reagent usage, and low overall life cycle cost. In the suppressed oxidation process, emulsified sulphur is added to the reagent feed tank, lowering the oxidation rate to less than 15% and permitting the use of less expensive materials by removing the corrosion mechanism. Thus, the market for industrial air filter is expected to be driven by such advanced technologies and tools.
The List of Companies - Industrial Air Filter Market
- Honeywell International, Inc.
- Mann + Hummel GmbH
- NORDIC AIR FILTRATION
- Donaldson Company, Inc
- GENERAL FILTER ITALIA
- Camfil AB
- Paul Corporation
- FILTRATION GROUP INDUSTRIAL
- SENTRY AIR SYSTEMS, INC
- AIR FILTERS, INC.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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