Favorable government initiatives towards air quality improvement coupled with growing applications in multiple industries to drive global gas phase filtration market through 2024
According to TechSci Research report, “Global Gas Phase Filtration Market By Type, By Filter Media, By End User Industry, By Region, Competition Forecast & Opportunities, 2014 – 2024’’, the global gas phase filtration market is forecast to reach $ 1.5 billion by 2024, owing to rising concerns associated with indoor air quality and increasing use of gas-phase filtration across diverse industrial set-ups. Moreover, increasing R&D activities, new product launches, and the introduction of stringent norms related to air quality monitoring are anticipated to fuel the global gas phase filtration market during the forecast period. Additionally, growing consumer health cognizance and the increasing threat of respiratory disorders are endorsing health implications of gas-phase filters across residential and commercial space, which is further anticipated to fuel global gas phase filtration market through 2024. The pulp and paper industry is one of the major polluting industries and emits highly toxic gases such as sulphides and VOCs and is expected to remain the largest demand generating end-user industry for gas-phase filters through 2024.
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Gas phase filters with granular activated carbon dominated the global gas phase filtration market in 2018, and the segment is anticipated to maintain its market dominance in the coming years as well, owing to outstanding ability of granular activated carbon to remove gaseous pollutants and volatile organic compounds present in the air. Among filter media, the share of potassium permanganate filter media is anticipated to expand the global gas phase filtration market, owing to exemplary blending features, which enable highly effective pollutant removal from vehicle exhaust, etc. Few of the major gas phase filter manufacturers operating across the globe include AAF, Freudenberg, Camfil, Dafco Filtration, Pure Air Filtration, and Clarcor, among others.
“Asia-Pacific is expected to be one of the fastest-growing regions in the global gas phase filtration market during the forecast period, as the region is witnessing robust industrial expansion for petrochemical, electronics and forest & paper products due to the increasingly favorable business environment. Additionally, shifting of manufacturing bases from western countries to emerging economies in Asia-Pacific on account of skilled labor availability and lower production costs is deteriorating air quality in countries such as China and India is expected to drive the growth of gas phase filters at an agile rate over the next five years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
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“Global Gas Phase Filtration Market By Type, By Filter Media, By End User Industry, By Region, Competition Forecast & Opportunities, 2014 – 2024” has evaluated the future growth potential of global gas phase filtration market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in the global gas phase filtration market.
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