Global Industrial Air Cleaners Market 2017-2021
About Industrial Air Cleaners
Clean air forms an important subject of various laws and regulations. Organizations such as the Occupational Safety and Health Administration (OSHA) in the US define the requirements for the quality of clean air. Similarly, various private groups such as the American Society of Heating, Refrigeration, and Air-Conditioning Engineers (ASHRAE) have also published various recommendations to achieve standards clean air quality. As defined by most regulatory authorities, air quality is deemed as clean if it has limited contaminants by volume, commonly measured in parts per million (ppm) or milligrams per cubic meter (mg/m3). Countermeasures are taken in order to bring down the volume of contaminants to comply with the set standards. One of the most common measures is the use of self-contained air cleaners.Air cleaners are used to filter the incoming air by trapping particulates such as dust, pollen, mold, smoke, debris, and bacteria from the air. They are typically used in a wide range of applications, especially in the industrial sector, in which the quality of air is of prime importance. Within the industrial sector, major industries using air filters are, but not limited to, energy, automotive, mining, and cement. The report focuses on the industrial applications of air cleaners.
Technavio’s analysts forecast the global industrial air cleaners market to grow at a CAGR of 6.84% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global industrial air cleaners market for 2017-2021. To calculate the market size, the report considers the new installations/shipments/sales/volume/value.The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Industrial Air Cleaners Market 2017-2021
Technavio recognizes the following companies as the key players in the global industrial air cleaners market: Camfil, Cummins, Daikin Industries, and Donaldson Company.
Other Prominent Vendors in the market are: 3M, Air Products and Chemicals, Alfa Laval, Clean TeQ Holdings Limited, Honeywell International, Mann+Hummel, Sharp Corporation, Troy Filters, and W. L. Gore & Associates
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Adoption of AMC and HEPA filters in microelectronics manufacturing industry. Technology nodes can have smaller critical dimension as they can be printed into patterns using lithographic processes, which have shrunk to 14 nm and below in most advanced semiconductor fabs. These nodes form a transistor, which is the most vital component in any electronic device. The smaller dimension ensures more processing and storage of information and better performance of the microelectronic equipment, which is important for consumers. Smaller dimensions increase the density of packed information, thus making the processing of information faster.”
According to the report, one of the major drivers for this market is Rise in economic activities accounting for harmful emissions. The economic growth of a nation is the measure of its prosperity and is primarily driven by industrial activities and infrastructural development. However, increased industrial manufacturing and infrastructural development activities often result in the rise of pollutants in the form emissions and acidifying gases such as SO2, NOx, and NH3. Growing population along with rapid economic growth, globally, will put immense pressure on the demand for energy. As per IEA estimates, in 2015, primary global energy consumption increased by 1%, which was significantly lower than the 10-year average of 1.9%. Majority of the global growth in electricity demand originated from the emerging economies. China, despite witnessing a reduction in consumption, also accounted for the largest increase in primary energy consumption worldwide.
Further, the report states that one of the major factors hindering the growth of this market is Capacity expansion in renewable power generation. China and the US each accounted for 20% share in global power generation capacity. China’s power generation capacity is expected to witness a single-digit growth YoY until 2035. Most of this expansion will take place in renewable energy. Many countries are gradually moving toward renewable sources of energy like wind and solar power to meet the stringent carbon emission targets and reducing dependency on fossil fuels.
Camfil, Cummins, Daikin Industries, Donaldson Company, 3M, Air Products and Chemicals, Alfa Laval, Clean TeQ Holdings Limited, Honeywell International, Mann+Hummel, Sharp Corporation, Troy Filters, and W. L. Gore & Associates
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