Market revenue in 2023 | USD 1,292.9 million |
Market revenue in 2030 | USD 1,942.4 million |
Growth rate | 6% (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 42.11% in 2023. Horizon Databook has segmented the Europe 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 emergence of new industrial facilities and expanding capacity of the existing ones are driving the demand for industrial air filtration. For instance, GE Aerospace's announcement of investing over USD 70 million into its European manufacturing facilities in 2024 to enhance the production of commercial and military engines highlights a pivotal moment for the industrial air filtration market.
This substantial investment not only focuses on increasing engine efficiency and reducing emissions but also emphasizes the adoption of new manufacturing techniques and materials. The move will likely spur demand in the industrial air filtration market, as these new manufacturing processes will require sophisticated filtration solutions to manage the resultant airborne particles and emissions more effectively, ensuring cleaner production environments and contributing to the broader goal of sustainability within the aerospace manufacturing sector.
Sectors such as electronics, manufacturing, biotechnology, food processing, and energy are experiencing significant growth across Europe. As these industries ramp up their operations, maintaining optimal air quality becomes paramount, leading to increased investments in high-performance air filtration technologies.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe industrial air filtration market , including forecasts for subscribers. This continent databook contains high-level insights into Europe industrial air filtration market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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