Demand for Air Purification Equipment Manufacturing industry products is largely dependent on industrial production as these industries are the main users of air purification equipment. Over the past five years, industrial production stagnated, with notable downturns in 2015 and 2016. In recent years, the appreciating dollar has caused exports to shrink, hurting overall revenue growth. The value of industry exports has fallen, further exacerbating poor demand from industrial clients. Growth in demand from the industrial sector will begin to recover over the next five years to 2022; industrial production and demand for nonresidential industrial buildings will both rise, boosting industry revenue.
Establishments in this industry primarily manufacture stationary air purification equipment. These devices include industrial dust and fume collection equipment, electrostatic precipitation equipment, warm air furnace filters and air washers among other dust collection equipment.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.