Market revenue in 2023 | USD 660.8 million |
Market revenue in 2030 | USD 1,068.1 million |
Growth rate | 7.1% (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 41.89% in 2023. Horizon Databook has segmented the China 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.
Manufacturing, service, and agriculture are the major industries in China, employing most of the population. According to the China Briefing, the key industries leading economic growth are tourism, online shopping, new energy vehicles, healthcare, and software development.
China is an industrial hub with manufacturing units of different industries like power generation, chemical fertilizers, and steel. China’s industrial setup is high due to cheap labor, low tariff access to the Western market, state investment, and many other factors.
The surging number of industrial units related to chemicals, power generation, and oil & gas is expected to propel the demand for industrial air filtration over the forecast period. Furthermore, the growing investments and FDI (Foreign Direct Investment) in the industrial sector are anticipated to augment the installation of air filtration systems in industrial facilities.
Horizon Databook provides a detailed overview of country-level data and insights on the China industrial air filtration market , including forecasts for subscribers. This country databook contains high-level insights into China industrial air filtration market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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