Market revenue in 2023 | USD 56.8 million |
Market revenue in 2030 | USD 83.4 million |
Growth rate | 5.7% (CAGR from 2023 to 2030) |
Largest segment | Dust collection filters |
Fastest growing segment | HEPA Filters |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Dust Collection Filters, Mist Collection Filters, Fume Collection Filters, HEPA Filters |
Key market players worldwide | Honeywell International Inc, Daikin Industries Ltd, Danaher Corp, Donaldson Co Inc, SPX Technologies Inc, Lydall, Alfa Laval AB, Parker Hannifin Corp |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industrial air filtration market will help companies and investors design strategic landscapes.
Dust collection filters was the largest segment with a revenue share of 42.08% in 2023. Horizon Databook has segmented the Argentina industrial air filtration market based on dust collection filters, mist collection filters, fume collection filters, hepa filters covering the revenue growth of each sub-segment from 2018 to 2030.
The prominent industries playing a vital role in the economy of Argentina are food & beverages, chemicals, pharmaceuticals, automotive, mining & minerals, and petrochemicals. According to the World Bank, the share of manufacturing value-added products was 16% of the GDP of the country in 2022.
Moreover, the easy availability of low-cost labor and a favorable regulatory environment for mass manufacturing continuously drive investments in the country. According to the World Investment Report published by the United Nations Conference on Trade and Development (UNCTAD) in 2022, the total FDIs in Argentina reached USD 6.50 billion in 2021 from USD 4.00 billion in 2020.
The rising investments in the industrial sector of the country are expected to drive the growth of industrial air filtration market in Argentina over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Argentina industrial air filtration market , including forecasts for subscribers. This country databook contains high-level insights into Argentina industrial air filtration market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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