Market revenue in 2023 | USD 1,585.0 million |
Market revenue in 2030 | USD 2,516.0 million |
Growth rate | 6.8% (CAGR from 2023 to 2030) |
Largest segment | Dust collection filters |
Fastest growing segment | HEPA Filters |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 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 41.89% in 2023. Horizon Databook has segmented the Asia Pacific 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.
Asia Pacific industrial air filtration market growth is significantly driven by the increasing demand for the equipment and systems to maintain air quality in industrial facilities. Air filtration such as dust collectors, mist collectors, baghouse filters, HEPA filters, etc., filter out the air and remove particulate matter and dust particles.
Global population growth and the increasing need for various consumer goods and products put enormous pressure on the manufacturing industry to meet this demand. This, in turn, leads to strategies and initiatives to increase the industrial output and construct new industrial facilities.
Asia Pacific is becoming a hub for the manufacturing sector due to favorable factors such as affordable and cheap labor, a short supply chain, and a lenient regulatory framework. The table below includes the parameters related to the industrial sector in Asia Pacific countries, including the growth of the industry, and manufacturing growth in terms of percentage (%).
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific industrial air filtration market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific industrial air filtration market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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