Global Industrial Air Filtration Industry Research, Analysis and Forecast Report, 2024

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Industrial Air Filtration Market is Expected to Grow Significantly Owing to Growing Environmental Concerns and Rapid Urbanization

9 October 2018, The Industrial Air Filtration Market should grow at nearly 6 percent CAGR during 2016 to 2024 (forecast period). This indicates decent market expansion in the near future. Eco-concerns and urbanization are predicted to be the key drivers of the market. Ecological policies regarding gas emissions will also propel market sales.

Safety policies and occupational regulations across different sectors can positively affect the market. Dust, fumes, & vapor across the industry of metal processing require effective filtering. They abide by the emission standards, protect workers, and enhance production quality.

Innovative technology has led to air filters bettering themselves in terms of quality & performance. It has lowered energy consumption without negotiating on filtration demands. This factor has also driven the market. Moreover, advanced feedstock (small fibers, etc.) coupled with non-woven enhancements may propel market demand.

Regulatory initiatives in light of weather changes & GHG emissions have called for improvements in filter design & media technology. The same, in turn, will drive market revenues till 2024. However, huge investments for operating these air filters are likely to impede market flow.

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https://www.hexaresearch.com/research-report/industrial-air-filtration-market