Global Industrial Air Purifier Market Report and Forecast 2024-2032

Global Industrial Air Purifier Market Outlook

The global industrial air purifier market reached a value of about USD 3,359.51 million in 2023. The market is projected to grow at a CAGR of 6.2% during the forecast period of 2024-2032 to attain a value of nearly USD 5,772.93 million by 2032.

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Increasing Technological Advancements in Air Filtration System to Augment the Market Growth

Market expansion of industrial air purifier is aided by technological advancements in air control solutions. The use of an air filtration system lowers operational and maintenance costs. Over the forecast period, the increasing need for high-performing and energy-efficient goods is likely to propel demand. To fulfil the demand for energy-efficient products, technological developments have resulted in the creation of a new filter medium. As a result, new raw materials, such as tiny fibres, have been developed, and new possibilities for industrial expansion are expected to open up.

Air filtration systems are getting more effective and efficient due to technological advancement. In addition, better manufacturing cycles have lowered the price of air filtration systems, which is expected to boost the product demand. The increased environmental concern, as well as a growing awareness of the need for fresh, clean air in the workplace, is expected to drive up demand for air filtration systems. Business development is expected to be aided by favourable government regulations aimed at improving the working environment.

The Asia Pacific Market Accounts for Significant Share in the Industrial Air Purifier Industry

Asia Pacific accounted for more than a quarter of total revenue in 2020 and is anticipated to expand significantly over the forecast period, thanks to growing R&D expenditure in the Asia Pacific food and beverage sector and strong penetration of these goods throughout the metal and plastic industries. China and India, for example, have large manufacturing businesses that employ millions of people. As a result, the Asia Pacific significantly contributed to the industrial air purifiers business in 2020. However, due to increased industrial activity, the LAMEA is expected to rise significantly throughout the forecast period. Furthermore, as a result of the trade war between the United States and China, a number of U.S.-based firms have relocated their manufacturing operations to Latin America, which is likely to boost the market for industrial air purifiers in LAMEA during the forecast period.

Industrial Air Purifier: Market Segmentation

An industrial air purifier is a device that helps to maintain the interior air quality of industrial workshops that are polluted by pollutants produced by industrial operations, such as metal processing, food and beverage processing, welding fumes, and volatile solvents. High-efficiency particulate air (HEPA) filters and molecular filters are the most common components of industrial air purifiers.

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On the basis of type, the market is segmented into:

• Molecular
• Particulate

On the basis of portability, the market is divided into:

• Portable
• Non-Portable

Based on end-use Industry, industrial air purifier industry is segmented into:

• Food and Beverage
• Metal Processing
• Agriculture
• Construction
• Others

The major regional markets of industrial air purifier are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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Increasing Focus on Industrial Environmental Health to Bolster the Growth of the Industrial Air Purifier Industry

Various procedures in industrial production units, including cutting, grinding, and welding, emit hazardous particles into the air, which can be dangerous to workers in that environment. Air filtration helps to remove hazardous airborne particles and cleanses the atmosphere or working environment, both of which are expected to boost product demand. Rising environmental concerns, as well as increasing awareness for the need of fresh, clean air in the workplace, are expected to drive up the market demand. To gain a competitive edge and raise profits, businesses all around the world are turning to sustainable alternatives and techniques like green manufacturing. Similarly, governments from all around the world are working together with a variety of environmental groups to create guidelines for reducing hazardous emissions in the region. These guidelines have aided in the growth of the industrial air filtration industry in different parts of the world.

Key Industry Players in the Global Industrial Air Purifier Market

The report gives a detailed analysis of the following key players in the global industrial air purifier market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Airoshine Air Purifiers
• Camfil AB
• Daikin Industries, Ltd. 
• Euromate BV
• Honeywell International, Inc.
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report