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Asia Pacific air filtration market to exhibit a lucrative CAGR via power applications over 2016-2023, China to lead the regional landscape

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Asia Pacific air filtration market growth is characterized by the necessity to conserve energy and increase engine efficiency by means of enhancing the existing emission control systems. Air filters basically help filter out the impurities in the air, including, but not limited to pollen, bacteria, dust, and mold. Combined with a catalyst, air filters help absorb pollutants and odors from the atmosphere as well. Their extensive utilization in numerous applications such as cement, pharmaceuticals, food, and power generation sectors will stimulate Asia Pacific air filtration industry, given that the region is touted to have enormous growth prospects in the aforementioned application domains. Growing environmental awareness, the need to conserve energy on a large scale, and rapid industrialization and urbanization will fuel Asia Pacific Air Filtration Market size, slated to cross a revenue of USD 6.6 billion by 2023, with a CAGR projection of 8.6% over 2016-2023.

China Automotive Air Filtration Market size, by product, 2013-2023 (USD Million)
China Automotive Air Filtration Market size, by product, 2013-2023 (USD Million)

Companies operating in Asia Pacific air filtration industry are vertically integrated and have been focusing on growth strategies such as product differentiation and mergers & acquisitions. An instance of the latter would be the 2014 acquisition of Vokes Air by Mann+Hummel from The Riverside Company. The year 2015 witnessed the same company acquiring the prestigious Affinia Group. Major companies in Asia Pacific air filtration market include Cummins, Purafil, ACDelco, Mann+Hummel, Denso, Clarcor, Mahle, K&N Engineering, Donaldson, Sogefi Group, Camfil Group, Nederman, and W.L. Gore & Associates.

Recently, K&N Engineering featured their new range of innovative air filters embedded with superior efficiency and capacity for off-road conditions, at the 2017 UTV World Championship. In March 2017, even the Audi Customer Sports Racing Australia deployed K&N air filters for their R8 GT3 fleet. Such recurrent efforts by industry players will positively impact Asia Pacific air filtration industry.

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Industrial products contributed to more than 27% of Asia Pacific air filtration market revenue in 2015, subject to the high demand of air filters in the medical sector and laboratories. The sub-products of industrial filters, such as dust collectors, baghouse filters, cartridge collectors & filters, mist collectors, and HEPA filters, are also extensively used across the cement, metal, and power sectors, to absorb dust, moisture, pollutants, and allergens, owing to which Asia Pacific air filtration industry from industrial products is expected to register a CAGR of 9.5% over 2016-2023.

Mist collectors, a vital product of Asia Pacific air filtration market, have numerous applications in metal processing and the food & beverage sectors. Subject to this factor, Asia Pacific air filtration mist collectors market will grow significantly over the next few years.

Dust collectors, another key industrial product, is highly capable of removing dust from heavy industrial operations and requires minimal maintenance, subject to which Asia Pacific air filtration dust collectors industry will witness a significant growth rate over 2016-2023.

Air filters are extensively deployed in electricity generation units, owing to which Asia Pacific air filtration market from power applications will record an annual growth rate of 9.7% over 2016-2023.

Automotive products held more than 55% of Asia Pacific air filtration industry share in 2015. These products primarily encompass cabin and intake filters, which absorb dust, debris, and other solid particulates that pose a harm to auto cylinders and pistons. In addition, they preserve the air-fuel mixture, helping the engine to function efficiently, minimize ignition problems, aiding limited fuel consumption, and improve emission control systems, thereby reducing emissions. The aforementioned benefits will stimulate the product demand, propelling Asia Pacific automotive air filtration market, set to grow at a CAGR of 8% over 2016-2023. These filters also need to be replaced occasionally, which will further spur the product demand. The rising requirement of cabin filters in electric vehicles will fuel Asia Pacific air filtration market from automotive products.

China being one of the most lucrative avenues for the automotive and industrial sectors, will witness high demand for air filters. Asia Pacific air filtration industry from China is estimated to grow at a CAGR of 9% over 2016-2023, driven by the rise in the number of automobiles and the prevalence of an enormous number of power and cement industries in the region. Pertaining to strict government regulations regarding vehicular emissions and the rapid industrialization, China is expected to lead Asia Pacific air filtration market over the years to come. The heavy growth of automotive aftermarket in India and China will also spur the regional industry.

Air filters are prominently used in research facilities, laboratories, hospitals, power generation units, fuel processing sectors, and waste management to help get rid of pollutants, pollens, dust, debris, mist, oil droplets, abrasion particles, contaminants, and other coarse particulates, thereby driving Asia Pacific air filtration market. The rising need to optimize energy consumption, reduce vehicle emissions, conserve energy, and reduce environmental pollution will impel Asia Pacific air filtration industry over 2016-2023. To achieve 100% efficiency and dirt absorption, companies are now manufacturing efficient industrial filters with safety mechanisms and advanced features that will aid in completely eradicating pollutants from the atmosphere.

Author Name :Saipriya Iyer

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Europe Industrial Air Filtration Market Outlook: Germany to dominate the regional landscape over 2015-2022

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High preference for energy efficient air filtration technologies along with strict emission norms will push Europe industrial air filtration market trends. Furthermore, the growing popularity of eco-friendly air filters, due to its ability to minimize the health risks for the industrial workers, is projected to open new vistas for the industry over the coming years. According to Global Market Insights, Inc., “Europe Industrial Air Filtration Market is forecast to record a CAGR of 7.9% over the period of 2015 to 2022.” High demand across commercial as well as residential sectors will offer lucrative avenues for Europe industrial air filtration industry. In addition to this, rapid industrialization has resulted in the expansion of many new ventures, thereby benefitting the industry.

UK Industrial Air Filtration Market size, by application, 2012-2022 (USD Million)
 UK Industrial Air Filtration Market size, by application, 2012-2022 (USD Million)

Industrial air filters find their applications across cement, pharmaceuticals, food & beverages, power, and metals sectors. Food & beverages sector is anticipated to contribute remarkably towards the Europe industrial air filtration industry share over the coming five years. High apprehensions over cross contamination, food handling legislations, and sanitary rules are anticipated to be the major driving factors. Europe industrial air filtration market size in metal applications is projected to account for nearly 22% of the overall revenue over the coming timeframe.  Escalating need for healthy working conditions in the firms and the high necessity to maintain the humidity equilibrium will foster the growth.

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Based on the product trends, Europe industrial air filtration market is segmented into HEPA filters, mist collectors, cartridge collectors & filters, dust collectors, and baghouse filters. HEPA filters, which dominated the product landscape in 2015, are projected to hit USD 450 million by 2022. The ability of these filters to dispose hazardous materials, pollens, and dust particles as well as toxins from the atmosphere is predicted to promote the growth. The dust collectors market is forecast to grow at a rate of 7.5% over the coming timeframe, driven by beneficial traits such as low operating costs, minimum maintenance needs, and ability to ensure employee health & safety. Baghouse filters are predicted to contribute substantially towards Europe industrial air filtration market share over the coming five years, owing to cost efficiency, flexibility, versatility, and its capacity to capture minute particulate matter.

Below are the regional highlights of Europe industrial air filtration market over 2016-2024

  • Germany, which accounted for a major portion of Europe industrial air filtration industry share, is projected to show an extensive growth over the coming years. Rapidly expanding food & beverages sector and the presence of a large number of metal processing units will nurture the growth.
  • European countries such as Turkey, Italy, and France are expected to contribute noticeably towards the industry size, through implementation of strict legislations for maintaining safe working conditions and promoting worker safety. In addition to this, growing awareness about the benefits derived from the use of pollution-reducing technologies will further drive the growth.

Market players are focusing on product innovation and increasing their R&D investments to grow their ROI. Key industry participants include Philips Electronics N.V., Camfil, Keller USA Incorporation, Good Life Incorporation, Ameripure Technologies, Electrocorp, Sentry Air Systems Incorporation, IQAir North America Incorporation, and HealthWay Home Products Incorporation.

Author NameDhananjay Punekar