This Frost & Sullivan research service titled U.S. Industrial Air Filtration Market provides an overview of the market size, drivers, restraints, and trends influencing the market. Revenue forecasts and market share analyses are illustrated for each market segment and are provided for the period 2002 to 2012. Frost & Sullivan's expert analysts thoroughly examine the following markets/applications/technologies: bag filters, cartridge collectors, mist collectors, cyclones and HEPA filters.
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
Bag filters
Cartridge collectors
Mist collectors
Cyclones
HEPA filters
Market Overview
New Product Development Proves to be a Key Challenge for Manufacturers of Industrial Air Filters
In a mature U.S. industrial air filtration market characterized by limited development on the technological front, manufacturers are grappling with challenges associated with new product development. As the competition intensifies among participants to acquire new customers and retain market share, some companies are moving to niche markets where the focus lies on customer service through tailor-made filtration equipment. Given the growing price sensitivity in the market, manufacturers must also focus on offering the best possible product quality at a low price. "The lack of product differentiation in the market is inducing customers to favor the least expensive air filters, which are also highly efficient," explains the analyst of this research service. "However, as manufacturers cater to this demand they must tackle increasing engineering and production costs."
In order to protect profit margins, mergers and acquisitions among larger and smaller companies are gathering momentum. By acquiring smaller firms that are involved in similar businesses, larger manufacturers can acquire valuable resources in terms of manpower and technical expertise. Going forward, success in the U.S. air filtration market is likely to hinge upon brand recognition, cost-effective filtration processes, and effective distribution networks.
Regulations Emphasizing on Quality Air Filtration Result in Improved Filter Sales
The demand for better filter performance is expected to spur sales, despite the declining industrial construction activity across the United States and the maturing air filtration market. This is largely because stringent Government regulations such as Environmental Protection Agency (EPA) and Occupational Safety and Health Administration (OSHA) on indoor air quality (IAQ) of industrial establishments are compelling manufacturers to focus on efficiency of air filters.
These regulations point to a mounting interest and awareness in minimizing health hazards and improving worker safety. It is also giving a significant boost to the replacement market for industrial air filters. For example, the sale of high efficiency particulate air (HEPA) filters is on the rise, especially in cleanroom and semiconductor applications, since it offers efficiency levels of up to 99.97 percent and is capable of removing particles as small as 0.3 micron. "Companies must continue to invest in research and development activities with a key focus on reducing filter pressure drop," says the analyst. "Minimizing pressure drop not only increases filter efficiency, but also allows reduces the end users’ total cost of ownership by lowering energy and electricity expenses."
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