The global industrial air purifiers market size is expected to reach $4,164.2 million in 2027, from $2,711.0 million in 2019, growing at a CAGR of 5.8% from 2020 to 2027. Industrial air purifier or industrial air cleaner assists in purifying industrial indoor spaces. The industrial air is majorly contaminated by the minute particles generated during various processes, such as metal processing, food & beverage processing, welding fumes, and volatile solvents. Moreover, industrial air purifiers are highly efficient in combatting bacterial and nonbacterial pollutants with the use of high-efficiency particulate air (HEPA) filters and molecular filters. These filters particularly capture smoke particles, fine dust, mold spores, fumes, and oil mist, which provide a healthy environment for the occupants working in the industries. Industrial air purifiers have high air intake capacities for large spaces and are designed to compensate for rough indoor environments in industrial workshops.
The deteriorating air quality, owing to heavy traffic, an increase in industrialization, and combustion of fossil fuels has assisted in increasing the cases of respiratory infections and pulmonary diseases, globally. Such diseases contribute toward long-term ailments, which decrease the life expectancy of human beings. The industrial air purifiers, therefore, help in maintaining the air quality standards within the enclosed area where employees spend most of their time. This provides a safe environment for the occupants, which in turn, drives the growth of the global industrial air purifiers market.
Furthermore, the global employment in industries has been propelling significantly in the recent years, due to increase in demand for processed food and metal fabrication. Individuals employed in such industries face direct impacts of the unnatural environment of the enclosed industrial spaces. For instance, the general working shift time of an employee in industry is eight to nine hours. During this period, the employee constantly inhales smoke, fumes, and other small dust particles induced through industrial processes. Such employees face severe health hazards, which may cause prolonged negative effects. Thus, for maintaining indoor industrial environment and to promote safety of employees, the implementation of industrial air purifiers is necessary. This significantly contributes toward the growth of the industrial air purifier market. Although various regulations have been implemented for maintaining the quality of emissions from industries, the regulations for maintaining air quality standards in the industrial workspace are comparatively few.
To overcome this, various environment protection organizations, such as the United States Environmental Protection Agency (EPA), have specified regulations regarding the health of the workers by implementing appropriate laws. Such initiatives promote the use of industrial air purifiers, which, in turns, augments the market growth.
However, high costs and excessive energy consumption of industrial air purifiers are the major restraining factor of industrial air purifiers market. In addition, a lack of awareness in developing countries of Asia, Africa, and Latin America regarding indoor air quality in industries negatively affects the growth of the market.
On the contrary, constant technological advancements in air filters increase the air cleaning capacity of industrial air purifiers significantly. In addition, the integration of Internet of Things (IoT) and sensors enable effortless use of industrial air purifiers. All these factors are expected to create lucrative opportunities for the growth of global industrial air purifiers market.
The global industrial air purifiers market is segmented into type, portability, end-user industry, and region. By type, the market is categorized into molecular and particulate. Depending on portability, it is segregated into portable and non-portable. On the basis of end-user industry, it is differentiated into food & beverage, metal processing, agriculture, construction, and others.
The global industrial air purifiers market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, India, Japan, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific is expected to hold the largest market share throughout the study period, and LAMEA is expected to grow at the fastest rate.
COMPETITION ANALYSIS
The key market players profiled in the report include Camfil, Honeywell International Inc., SPX Corporation, Trotec GmbH, Parker Hannifin Corporation, Euromate BV, VFA Solutions B.V., Daikin Industries, Ltd. (AAF International), Airoshine Air Purifiers, and Mankastu Impex Pvt. Ltd. (Atlanta Healthcare).
Many competitors in the industrial air purifiers market adopted product launch as their key developmental strategy to expand their product portfolio. For instance, in February 2020, the company Camfil launched Megalam EnerGuard and Absolute V. Megalam EnerGuard filters for cleanroom applications. These filters are low in cost and offer significant energy efficiency. The Absolute V. HEPA filters are termed as most energy-efficient filters and provide more than 20% energy savings. Similarly, the players are adopting acquisition strategy to strengthen their foothold in the industrial air purifiers industry. For instance, in February 2017, the company Parker Hannifin acquired the company Clarcor based in the U.S. Clarcor is majorly involved in providing industrial air filters and air purifiers.
KEY BENEFITS FOR STAKEHOLDERS
GLOBAL INDUSTRIAL AIR PURIFIERS MARKET SEGMENTS
BY TYPE
BY PORTABILITY
BY END-USER INDUSTRY
By Region
KEY PLAYERS
The deteriorating air quality, owing to heavy traffic, an increase in industrialization, and combustion of fossil fuels has assisted in increasing the cases of respiratory infections and pulmonary diseases, globally. Such diseases contribute toward long-term ailments, which decrease the life expectancy of human beings. The industrial air purifiers, therefore, help in maintaining the air quality standards within the enclosed area where employees spend most of their time. This provides a safe environment for the occupants, which in turn, drives the growth of the global industrial air purifiers market.
Furthermore, the global employment in industries has been propelling significantly in the recent years, due to increase in demand for processed food and metal fabrication. Individuals employed in such industries face direct impacts of the unnatural environment of the enclosed industrial spaces. For instance, the general working shift time of an employee in industry is eight to nine hours. During this period, the employee constantly inhales smoke, fumes, and other small dust particles induced through industrial processes. Such employees face severe health hazards, which may cause prolonged negative effects. Thus, for maintaining indoor industrial environment and to promote safety of employees, the implementation of industrial air purifiers is necessary. This significantly contributes toward the growth of the industrial air purifier market. Although various regulations have been implemented for maintaining the quality of emissions from industries, the regulations for maintaining air quality standards in the industrial workspace are comparatively few.
To overcome this, various environment protection organizations, such as the United States Environmental Protection Agency (EPA), have specified regulations regarding the health of the workers by implementing appropriate laws. Such initiatives promote the use of industrial air purifiers, which, in turns, augments the market growth.
However, high costs and excessive energy consumption of industrial air purifiers are the major restraining factor of industrial air purifiers market. In addition, a lack of awareness in developing countries of Asia, Africa, and Latin America regarding indoor air quality in industries negatively affects the growth of the market.
On the contrary, constant technological advancements in air filters increase the air cleaning capacity of industrial air purifiers significantly. In addition, the integration of Internet of Things (IoT) and sensors enable effortless use of industrial air purifiers. All these factors are expected to create lucrative opportunities for the growth of global industrial air purifiers market.
The global industrial air purifiers market is segmented into type, portability, end-user industry, and region. By type, the market is categorized into molecular and particulate. Depending on portability, it is segregated into portable and non-portable. On the basis of end-user industry, it is differentiated into food & beverage, metal processing, agriculture, construction, and others.
The global industrial air purifiers market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, India, Japan, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific is expected to hold the largest market share throughout the study period, and LAMEA is expected to grow at the fastest rate.
COMPETITION ANALYSIS
The key market players profiled in the report include Camfil, Honeywell International Inc., SPX Corporation, Trotec GmbH, Parker Hannifin Corporation, Euromate BV, VFA Solutions B.V., Daikin Industries, Ltd. (AAF International), Airoshine Air Purifiers, and Mankastu Impex Pvt. Ltd. (Atlanta Healthcare).
Many competitors in the industrial air purifiers market adopted product launch as their key developmental strategy to expand their product portfolio. For instance, in February 2020, the company Camfil launched Megalam EnerGuard and Absolute V. Megalam EnerGuard filters for cleanroom applications. These filters are low in cost and offer significant energy efficiency. The Absolute V. HEPA filters are termed as most energy-efficient filters and provide more than 20% energy savings. Similarly, the players are adopting acquisition strategy to strengthen their foothold in the industrial air purifiers industry. For instance, in February 2017, the company Parker Hannifin acquired the company Clarcor based in the U.S. Clarcor is majorly involved in providing industrial air filters and air purifiers.
KEY BENEFITS FOR STAKEHOLDERS
- The report provides an extensive analysis of the current and emerging global industrial air purifiers market trends and dynamics.
- In-depth analysis of the market is conducted by constructing market estimations for the key market segments between 2019 and 2027.
- Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
- A comprehensive industrial air purifiers market opportunity analysis of all the countries is also provided in the report.
- The global industrial air purifiers market forecast analysis from 2020 to 2027 is included in the report.
- The key market players within the market are profiled in this report and their strategies are analyzed thoroughly, which helps to understand the competitive outlook of the industry.
GLOBAL INDUSTRIAL AIR PURIFIERS MARKET SEGMENTS
BY TYPE
- Molecular
- Particulate
BY PORTABILITY
- Portable
- Non-portable
BY END-USER INDUSTRY
- Food & Beverage
- Metal Processing
- Agriculture
- Construction
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- The UK
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
KEY PLAYERS
- Camfil
- Honeywell International Inc.
- SPX Corporation
- Trotec GmbH
- Parker Hannifin Corporation
- Euromate BV
- VFA Solutions B.V.
- Daikin Industries, Ltd. (AAF International)
- Airoshine Air Purifiers
- Mankastu Impex Pvt. Ltd. (Atlanta Healthcare)
Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Industrial Air Purifiers Market, by Type
Chapter 5: Industrial Air Purifiers Market, by Portability
Chapter 6: Industrial Air Purifiers Market, by End-User Industry
Chapter 7: Industrial Air Purifiers Market, by Region
Chapter 8: Competitive Landscape
Chapter 9: Company Profiles
Executive Summary
According to the report titled, 'Industrial Air Purifiers Market by Type, Portability, and End-user Industry: Opportunity Analysis and Industry Forecast, 2020-2027' the global industrial air purifiers market size is expected to reach $4,164.2 million in 2027 from $2,711.0 million in 2019, growing at a CAGR of 5.8% from 2020 to 2027. In 2019, Asia-Pacific dominated the market, in terms of revenue, accounting for 34.1% share of the global industrial air purifiers market.Industrial air purifier is a devices that aids in maintaining the indoor air quality of industrial workshops, which are contaminated by pollutants generated in various industrial processes such as metal processing, food & beverage processing, welding fumes, and volatile solvents. Industrial air purifiers majorly constitute high-efficiency particulate air (HEPA) filters and molecular filters. Molecular filters assist in trapping fumes, oil mist, and mold spores, whereas, particulate filters trap larger particles of dust and metal particles. Therefore, industrial air purifiers provide clean air for industrial workers to prevent health risks such as pollen allergies and asthma. In addition, rise in concerns regarding air pollution promote the use of air purifiers for indoor applications. Air pollution triggered due to industrial emissions, vehicle exhausts, and power generation activities has caused serious health issues such as respiratory disorders and other long-term ailments within the population. This has created awareness regarding the maintenance of air quality indoors where a person spends majority of time. Industries provide employment to nearly 23% of population, globally. Thus, it is important for the authorities to maintain the health of their employees working in industrial spaces, which majorly drives the growth of industrial air purifiers market.
The countries such as China and India have major manufacturing industries, and employ millions of individuals. Thus, Asia-Pacific was the highest contributor in the industrial air purifiers industry in 2019. However, the LAMEA is anticipated to exhibit significant growth during the forecast period, owing to increase in manufacturing activities. Furthermore, the U.S. and China trade war has led various U.S.-based manufacturers to close their production units in China and establish them in Latin America, which is expected to create lucrative opportunities for industrial air purifiers market growth in LAMEA during the forecast period.
Depending on type, the molecular industrial air purifiers segment held major share of the market in 2019. Considering the portability segment, the non-portable air purifiers segment generated the highest revenue during 2019, owing to high adoption of these equipment in large industrial spaces. However, with constant developments in filter technologies and increase in filtration capacities of portable purifiers, the demand for portable industrial filters is projected to surge during the forecast period.
The global industrial air purifiers market is segmented into type, portability, end-user industry, and region. By type, the market is bifurcated into molecular and particulate. Depending on portability, it is classified into portable and non-portable. On the basis of end-user industry, it is differentiated into food & beverage, metal processing, agriculture, construction, and others.
The global industrial air purifiers market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, India, Japan, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific is held the largest market share in 2019, whereas LAMEA is expected to grow at the fastest rate throughout the study period.
Key Findings of the Study:
By type, the molecular segment dominated the global industrial air purifiers market share in 2019.
On the basis of portability, the portable air purifiers segment is expected to generate high revenue, globally.
Depending on end-user industry, the metal processing segment garnered major share of the industrial air purifiers market in 2019.
Region wise, Asia-Pacific dominated the market in 2019.
LAMEA is expected to witness a high growth rate during the forecast period.
The major players operating in the industrial air purifiers industry include Camfil, Honeywell International Inc., SPX Corporation, Trotec GmbH, Parker Hannifin Corporation, Euromate BV, VFA Solutions B.V., AAF International, Airoshine Air Purifiers, and Mankastu Impex Pvt. Ltd. (Atlanta Healthcare).
Companies Mentioned
- Camfil
- Honeywell International Inc.
- SPX Corporation
- Trotec GmbH
- Parker Hannifin Corporation
- Euromate BV
- VFA Solutions B.V.
- AAF International
- Airoshine Air Purifiers
- Mankastu Impex Pvt. Ltd. (Atlanta Healthcare)
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
LOADING...
