Demand for Europe Industrial Air Filtration and Impact of COVID-19……..
The Europe Industrial Air Filtration Market is
expected to reach USD 1.69 billion by
2020, according to a new study by Grand View Research, Inc. Increasing need
for effective and energy efficient filtration systems is expected to positively
impact market growth over the forecast period. Low-efficiency filters may
result in critical damage to the industrial components owing to which
industrial air filters are of paramount importance in several industrial
applications.
The global construction
industry, once thriving with increased investments, has been severely affected
by the suspension of the construction activities in the wake of the ongoing
pandemic. Shortage of labors coupled with potential supply chain bottlenecks of
materials and equipment is expected to cause project delays in the ongoing
funded projects and may lead to reduced spending in the upcoming projects.
Uncertainty around the actual duration of the prevailing lockdown makes it hard
to anticipate how a recovery in the construction industry will unfold. On
similar lines, the HVAC industry has been adversely affected by the COVID-19
outbreak due to the shutting down of several component manufacturing facilities
across China, European countries, Japan, and the U.S. This has consequently led
to a significant slowdown in the production of HVAC equipment. Lockdowns
imposed by the governments in the wake of the Covid-19 outbreak has not only
affected manufacturing but also pegged back the consumer demand for HVAC
equipment. The report will account for Covid19 as a key market contributor.
Stringent regulations and several government initiatives to
limit emissions are expected to be the key forces driving the industrial air
filtration market growth over the next few years. Legal enforcements pertaining
to occupational health and safety regulations are also expected to fuel market
demand. Presently, industrial processes involve high-level complexity of
operations and utilize an increasing number of chemical compounds, many of which
are highly toxic. The use of such hazardous substances results in gases,
particulates, vapors and/or mists at workplace that exceeds safety levels on
account of which the industrial air filtration market is expected to witness
substantial growth over the forecast period. Furthermore, emergence of
high-performance and technology advanced filter-media offer several market
growth opportunities.
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Further key findings
from the study suggest:
·
The HEPA filters segment is expected to
witness high growth over the forecast period. These filters have the capability
to eliminate sub-micron sized particles, droplets and/or contaminants utilizing
advanced particle attraction and diffusion techniques. Furthermore, HEPA
filters have proven to reduce performance degradation in several applications.
·
The food industry is expected to emerge as
a dominant application segment over the next few years. The aim of air
filtration in the food sector is to guarantee supply of high-quality filtered
air. Regulations pertaining to food safety along with retailer manufacturing
standards and codes of practice for high risk food production provide avenues
for market growth.
·
Germany emerged as the largest regional
market in 2013. Growth across the metal processing and food processing industry
is expected to spur market growth over the next six years.
·
Key market players include Donaldson
Company Inc., Clarcor Inc, Camfil, Pall Corporation and Cummins Filtration.
Manufacturers focus on developing efficient filtration systems along with
increased emphasis on development of technologically advanced filter media.
Furthermore, companies are increasingly shifting their manufacturing bases to
Eastern Europe to lower manufacturing cost.
The Europe
industrial air filtration market is expected to be primarily driven by the
enforcement of occupational health and safety regulations. Favorable government
regulations create and drive the demand for products that help limit emissions.
The IPPC Directive, also known as the industrial emissions directive aims at
creating a level playing field in the industrial air filtration industry.
Surging demand for products that deliver high-performance and
improved efficiency, while at the same time reduce energy consumption, is also
expected to favorably impact the market over the forecast period. Furthermore,
resource scarcity, growing environmental awareness, rapid urbanization and
changing demographics are also expected to fuel market demand. High-efficiency
is a key requirement for any industrial air filtration system. Additionally,
filter media performance is also crucial in any industrial air filtration
system, and therefore, manufacturers emphasize on developing more efficient
solutions without compromising on other filtration requirements.
The emergence of new raw materials including, small fibers
coupled with advancements in the non-woven technology offers avenues for the
market growth over the forecast period. Manufacturers focus on R&D
initiatives so as to innovate in the field of nanotechnology and small fibers.
Relocation of numerous European heavy industries to Eastern European regions
offers significant opportunities to the EU companies to export their
technologies.
Industrial air filtration systems are technically complex
devices and mainly rely on complex mechanisms in order to perform their
function efficiently. Several new technologies are employed in an effort to
enhance the performance and quality of industrial air filtration systems and in
a few cases to reduce the product cost. The most notable areas wherein
technological advancements are pursued include reduction of biological contaminants
in the filter media and reduction in pressure drop.
Browse Press
Release of this report:
Grand View Research has segmented the
Europe industrial air filtration market on the basis of product, application:
Industrial Air Filtration Product Outlook
(Revenue, USD Million, 2012 - 2020)
·
Dust Collectors
·
Mist Collectors
·
HEPA Filters
·
Cartridge Collectors & Filters
·
Baghouse Filters
Industrial Air Filtration Application
Outlook (Revenue, USD Million, 2012 - 2020)
·
Cement
·
Food
·
Metals
·
Power
·
Pharmaceuticals
·
Others
About Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
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