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The gas phase filtration global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Gas Phase Filtration Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The gas phase filtration market size has grown strongly in recent years. It will grow from $1.99 billion in 2023 to $2.1 billion in 2024 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to hybrid filtration approaches, healthcare facility requirements, r&d investments, specialty filtration demands, market globalization.
The gas phase filtration market size is expected to see strong growth in the next few years. It will grow to $2.6 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to tightening environmental regulations, health and safety priorities, energy efficiency focus, urbanization and air quality challenges, specialized filtration needs. Major trends in the forecast period include adoption of hybrid filtration solutions, stringent environmental regulations, industrial technological innovations.
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Scope Of Gas Phase Filtration Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Gas Phase Filtration Market Overview
Market Drivers –
The growing concerns due to air pollution is expected to drive the gas phase filtration market. Air pollution causes the contamination of air with unwanted substances. Gas phase filtration is useful to get rid of odors and gaseous pollutants from the air in buildings, hospitals, workplaces, and other places where contamination issues are a problem. Filters can readily replace existing HVAC filters without requiring any modifications. For instance, according to the World Health Organization (WHO), a Switzerland-based specialized agency of the United Nations responsible for international public health, in 2021, an average of 7 million people died from air pollution. Out of which, 4.2 million deaths were from outdoor pollution and 3.8 million deaths were from indoor pollution. Therefore, growing concerns due to air pollution will propel the growth of the gas phase filtration market.
Market Trends –
Product innovation is a key trends gaining popularity in the gas phase filtration market. Major companies in the gas phase filtration sector are focused on developing innovative products to sustain their market position. For instance, in August 2023, Camfil a Sweden-based air filter company launched CamCarb XG HVAC air filter. The CamCarb XG has a one-of-a-kind combination of high removal efficiency, low airflow resistance, and long lifetime, resulting in a very low Total Cost of Ownership (TCO).
The gas phase filtration market covered in this report is segmented –
1) By Type: Packed Bed Filters, Combination Filters
2) By Filter: Granular Activated Carbon, Potassium Permanganate, Impregnated Activated Carbon
3) By End User: Pulp And Paper Industry, Chemicals And Petrochemicals Industry, Metals And Mining Industry, Food And Beverages Industry, Healthcare Industry, Utilities Industry, Semiconductor Manufacturing Industry, Other End Users
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Regional Insights –
Asia-Pacific was the largest region in the gas phase filtration market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the gas phase filtration market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the gas phase filtration market report are Camfil AB, American Air Filter Company Inc., Donaldson Company Inc., Freudenberg SE, Clarcor Inc., MANN+HUMMEL GmbH, Purafil Inc., Filtration Group Corporation, Tri-Dim Filter Corporation, Koch Filter Corporation, Circul-Aire Inc., Flanders Corporation, Airex Filter Corporation, Air Filters Inc., Air Science USA LLC, Airguard Industries Inc., Airflow Products Company Inc., Airtech Japan Ltd., Alfa Laval AB, AllerAir Industries Inc., Ametek Inc., Apc Filtration Inc., Aqseptence Group Inc., Aremco Products Inc., Asahi Kasei Corporation, Pall Corporation, Mott Corporation, Porvair Filtration Group Ltd., BWF Envirotec GmbH, CECO Environmental Corp., Clean TeQ Holdings Limited, Dürr Megtec LLC, Ecolab Inc., Emission Monitoring Service Inc., FLSmidth & Co. A/S, GEA Group AG
1. Executive Summary
2. Gas Phase Filtration Market Report Structure
3. Gas Phase Filtration Market Trends And Strategies
4. Gas Phase Filtration Market – Macro Economic Scenario
5. Gas Phase Filtration Market Size And Growth
…..
27. Gas Phase Filtration Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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