Canada Industrial Air Filtration Market Size & Outlook
Canada industrial air filtration market, 2018-2030 (US$M)
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Canada industrial air filtration market highlights
- The Canada industrial air filtration market generated a revenue of USD 216.9 million in 2023 and is expected to reach USD 334.5 million by 2030.
- The Canada market is expected to grow at a CAGR of 6.4% from 2024 to 2030.
- In terms of segment, dust collection filters was the largest revenue generating product in 2023.
- HEPA Filters is the most lucrative product segment registering the fastest growth during the forecast period.
Industrial air filtration market data book summary
| Market revenue in 2023 | USD 216.9 million |
| Market revenue in 2030 | USD 334.5 million |
| Growth rate | 6.4% (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 |
Other key industry trends
- In terms of revenue, Canada accounted for 3.6% of the global industrial air filtration market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. industrial air filtration market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 334.5 million by 2030.
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Industrial Air Filtration Market Scope
Industrial Air Filtration Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada industrial air filtration market outlook
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 42.28% in 2023. Horizon Databook has segmented the Canada 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.
Stringent government regulations and environmental standards are crucial in promoting the adoption of industrial air filters. The Canadian government has implemented strict regulations to ensure cleaner air quality and reduce harmful emissions, which has led industries to invest in advanced filtration technologies.
For instance, Under the Canadian Environmental Protection Act (CEPA), industries must obtain permits and comply with emission standards for indoor air pollutants. These standards define the maximum allowable concentrations of indoor pollutants in industrial processes. The specific pollutants and their limits vary depending on the industry and type of operation.
Moreover, the emergence of new industries and sectors has created additional demand for industrial air filtration. Canada has witnessed the growth of biotechnology, nanotechnology, and 3D printing sectors, which often involve using hazardous materials and airborne contaminants.
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Our clientele includes a mix of industrial air filtration market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada industrial air filtration market , including forecasts for subscribers. This country databook contains high-level insights into Canada industrial air filtration market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada industrial air filtration market size, by product, 2018-2030 (US$M)
Canada Industrial Air Filtration Market Outlook Share, 2023 & 2030 (US$M)
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