NEW
YORK, June 28, 2024 /PRNewswire/ -- The global
industrial high-efficiency particulate air (HEPA) filters
market size is estimated to grow by USD 697.8 million from 2024-2028, according to
Technavio. The market is estimated to grow at a CAGR of
5.85% during the forecast period. Growth of
distributed power generation base is driving market growth, with a
trend towards increasing oil and gas pipeline activity. However,
slow growth in nuclear power generation poses a challenge.
Key market players include Air Clean Deviser Taiwan Corp., Camfil
AB, Daikin Industries Ltd., Donaldson Co. Inc., Filtration Group
Corp., Freudenberg and Co. KG, GVS S.p.A., HEPA Corp., Johnson
Controls International Plc., Komline Sanderson Corp., MANN HUMMEL
International GmbH and Co. KG, MayAir Group, Nederman Holding AB,
Parker Hannifin Corp., Porvair Filtration Group, Synder Filtration
Inc., Troy Filters Ltd., W. L. Gore and Associates Inc., Webasto
SE, and Wujiang Deshengxin Purification Equipment Co. Ltd..
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Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
Application (Air
filtration, Cleanroom, and Gas turbines), End-user (Commercial,
Industrial, and Residential), and Geography (APAC, Europe, North
America, South America, and Middle East and Africa)
|
Region
Covered
|
APAC, Europe, North
America, South America, and Middle East and Africa
|
Key companies
profiled
|
Air Clean Deviser
Taiwan Corp., Camfil AB, Daikin Industries Ltd., Donaldson Co.
Inc., Filtration Group Corp., Freudenberg and Co. KG, GVS S.p.A.,
HEPA Corp., Johnson Controls International Plc., Komline Sanderson
Corp., MANN HUMMEL International GmbH and Co. KG, MayAir Group,
Nederman Holding AB, Parker Hannifin Corp., Porvair Filtration
Group, Synder Filtration Inc., Troy Filters Ltd., W. L. Gore and
Associates Inc., Webasto SE, and Wujiang Deshengxin Purification
Equipment Co. Ltd.
|
Key Market Trends Fueling Growth
The oil and gas industry is a significant consumer of HEPA
filters due to their use in supplying clean air for gas turbines
powering compressors in pumping stations. The growth of oil
terminals worldwide increases the demand for gas turbines and
efficient air handling systems, directly impacting the HEPA filter
market. With depleting oil resources, companies turn to pipelines
as the preferred mode of transportation for continuous and flexible
oil and gas movement. The increasing global consumption of oil and
gas is anticipated to boost new pipeline construction projects
during the forecast period.
The Industrial High-Efficiency Particulate Air (HEPA) Filters
market is experiencing significant growth due to the increasing
demand for cleaner industrial environments. These filters are
effective in removing 99.97% of particles as small as 0.3 microns.
The use of HEPA filters is trending in various industries such as
pharmaceuticals, food and beverage, and electronics. Pollutants and
contaminants are major concerns in these sectors, making HEPA
filters a crucial investment. Additionally, the growing awareness
of indoor air quality and the need for energy-efficient solutions
are driving the market forward. Companies are focusing on
developing advanced HEPA filters with higher filtration rates and
longer service life. Overall, the Industrial HEPA Filters market is
poised for continued growth in the coming years.
Research report provides comprehensive data on
impact of trend. For more details- Download a Sample
Report
Market Challenges
- Nuclear power generation's shift towards decline in certain
regions, including the US and Europe, due to safety concerns, financial
instability, and economic constraints, may impact the demand for
industrial HEPA filters in the nuclear industry. Despite
Asia's continued growth in nuclear
power generation, this trend could slow down the regional HEPA
filters market during the forecast period.
- The Industrial High-Efficiency Particulate Air (HEPA) Filters
market faces several challenges. The primary challenge is the
increasing demand for HEPA filters in various industries, leading
to supply shortages. Another challenge is the high cost of
manufacturing these filters, making them less affordable for some
businesses. Additionally, the complex design and production process
require specialized expertise and advanced technology. Furthermore,
the need for regular maintenance and replacement adds to the
operational costs. Lastly, the regulatory requirements for HEPA
filters are stringent, necessitating rigorous testing and
certification processes.
For more insights on driver and
challenges - Download a Sample Report
Segment Overview
This industrial high-efficiency particulate air (hepa) filters
market report extensively covers market segmentation by
- Application
- 1.1 Air filtration
- 1.2 Cleanroom
- 1.3 Gas turbines
- End-user
- 2.1 Commercial
- 2.2 Industrial
- 2.3 Residential
- Geography
- 3.1 APAC
- 3.2 Europe
- 3.3 North America
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Air filtration- The industrial HEPA
filters market experiences growth due to the increasing demand for
energy-efficient HVAC systems in process industries. These
industries, including oil and gas, power, pulp and paper, chemical
and petrochemical, mining and metal, and food and beverage sectors,
prioritize reducing energy consumption and ensuring worker safety.
HEPA filters are essential for enhancing air quality, reducing
airborne particles, and improving HVAC system efficiency. In highly
explosive industrial environments, the risk of explosion is higher,
making effective air filtration systems crucial. As a result, the
demand for HEPA filters in HVAC systems continues to rise in
process industries, contributing to market growth.
For more information on market segmentation with geographical
analysis including forecast (2024-2028) and historic data (2018 -
2022) - Download a Sample Report
Research Analysis
The Industrial High-Efficiency Particulate Air (HEPA) Filters
Market encompasses the production and distribution of mechanical
air filters designed to remove airborne particles, including dusts,
pollen, mold, bacteria, viruses, and fibers, from industrial
environments. These filters play a crucial role in maintaining
indoor air quality by trapping particles as small as 0.3
micrometers. HEPA filters are essential in industries where
respiratory health concerns are prevalent and environmental
sustainability is a priority. The market for these filters caters
to commercial, industrial, and residential sectors, employing
various filtration technologies such as HEPA filters, MERV 13, and
PESTEL analysis to ensure optimal performance. Air polluting
materials and airborne particles pose significant health risks,
making the demand for effective filtration solutions increasingly
important.
Market Research Overview
The Industrial High-Efficiency Particulate Air (HEPA) Filters
Market encompasses the production, sales, and installation of these
advanced filtration systems. HEPA filters are essential in various
industries for ensuring cleaner air, particularly in manufacturing
processes and laboratories. These filters utilize a fine mesh to
trap particles as small as 0.3 microns, making them highly
effective in removing contaminants. The market for HEPA filters is
driven by increasing health and safety regulations, growing
awareness of indoor air quality, and the expansion of industries
that require clean air environments. Applications include
pharmaceuticals, electronics, food and beverage, and semiconductor
manufacturing. Sustainability and energy efficiency are also key
considerations in the development of new HEPA filter
technologies.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Application
-
- Air Filtration
- Cleanroom
- Gas Turbines
- End-user
-
- Commercial
- Industrial
- Residential
- Geography
-
- APAC
- Europe
- North America
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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