Industrial Air Purifiers Market Worth $4,164.2 Million by 2027 | Key Drivers, Restraints & Opportunity
Industrial Air Purifiers Market by Type (Molecular and Particulate Industrial Air Purifiers), Portability (Portable and Non-portable), and End-user Industry (Food & Beverage, Metal Processing, Agriculture, Construction, and Others)
According to a new report published by Allied Market Research, 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 a 34.1% share of the global industrial air purifiers market.
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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.
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.
Top 10 Companies Operating In Industrial Air Purifiers Market
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).
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).
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 the end-user industry, the metal processing segment garnered a 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.
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