Home > Industrial Machinery > HVAC > Filters > Industrial Air Filtration Market
Industrial Air Filtration Market was valued at around USD 6.4 billion in 2023 and is estimated to register a CAGR of around 4.7% from 2024 to 2032. Industries are investing in modern air filtration systems to comply with environmental rules addressing air quality and emissions management, as knowledge of these regulations grows and regulations are enforced more strictly.
For example, the Environmental Protection Agency (EPA) is responsible for enforcing national air quality regulations under the Clean Air Act, which also controls the emissions of specific pollutants like lead, ozone (O3), sulphur dioxide (SO2), nitrogen oxides (NOx), and particle matter (PM). To satisfy these regulations, industries must deploy emission control technology, such as air filtration systems, which will increase demand from businesses.
Report Attribute | Details |
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Base Year: | 2023 |
Industrial Air Filtration Market Size in 2023: | USD 6.4 Billion |
Forecast Period: | 2024 – 2032 |
Forecast Period 2024 – 2032 CAGR: | 4.7% |
2024 – 2032 Value Projection: | USD 9.7 Billion |
Historical Data for: | 2021 – 2023 |
No. of Pages: | 310 |
Tables, Charts & Figures: | 365 |
Segments covered: | product type, application, region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Installing sophisticated air filtration systems can be expensive, particularly if they include cutting-edge features like electrostatic precipitators or HEPA filters. Some industries, especially small and medium-sized firms (SME), may be discouraged from using these systems due to the substantial initial investment required. Apart from the initial capital outlay, the continuous running expenses linked to upkeep, filter substitution, and energy usage can be substantial. Certain industries could be hesitant to pay these continuing costs, particularly if they believe they would increase their operating overheads.
Report Attribute | Details |
---|---|
Base Year: | 2023 |
Industrial Air Filtration Market Size in 2023: | USD 6.4 Billion |
Forecast Period: | 2024 – 2032 |
Forecast Period 2024 – 2032 CAGR: | 4.7% |
2024 – 2032 Value Projection: | USD 9.7 Billion |
Historical Data for: | 2021 – 2023 |
No. of Pages: | 310 |
Tables, Charts & Figures: | 365 |
Segments covered: | product type, application, region |
Growth Drivers: |
|
Pitfalls & Challenges: |
|