Gas Phase Filtration Market is market overview, trends and forecast till 2023 report added on ReportsnReports.com. The overall gas phase filtration market is expected to grow from USD 1.73 billion in 2018 to reach USD 2.17 billion by 2023 from, at a CAGR of 4.55%.
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Target Audience of the Report:
- Gas phase filtration system manufacturing companies
- Air filter manufacturing companies
- Raw material and manufacturing equipment suppliers
- Government and research organizations
- Organizations, forums, alliances, and associations in the filtration sector
- Technology investors
- Governments, financial institutions, and investment communities
- Analysts and strategic business planners
- End-user industries such as pulp & paper, chemicals and petrochemicals, metals & mining, food & beverages, healthcare, semiconductor manufacturing, utilities, along with data centers
Gas Phase Filtration Market, by End User
- Pulp & Paper Industry
- Chemicals and Petrochemicals Industry
- Metals & Mining Industry
- Food & Beverages Industry
- Healthcare Industry
- Utilities Industry
- Semiconductor Manufacturing Industry
- Data Centers
- Others (Commercial Buildings, Museums, and Libraries)
Get More Information on Gas Phase Filtration Market with Forecast, Analysis, Trends and Company Profiles at http://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=1570115
Top Companies are Camfil (Sweden), American Air Filter (AAF) Company (US), Donaldson Company (US), Freudenberg (Germany), Clarcor (Parker Hannifin Corporation) (USA), Bry-Air (Asia) (India), Purafil (US), Circul-Aire (Canada), Kinberley-Clark Corporation (US), and Promark Associates (USA).
The gas phase filtration market in APAC expected to grow at the highest CAGR during the forecast period
APAC is expected to be the fastest-growing market for gas phase filters during the forecast period. The gas phase filtration market in APAC is segmented into India, China, Japan, South Korea, and Rest of APAC. This growth is due to the high economic growth witnessed by several emerging economies in the region such as China and India. Further, several international companies have built their manufacturing plants in APAC owing to the easily available raw materials and low-cost labor. Additionally, new power generation stations are also being set up in the region to fulfill the growing demand for energy from several industries. All these factors are expected to fuel the growth of the gas phase filtration market in APAC.
“The market for combination filters is expected to grow at the highest CAGR”
Among the types of gas phase filters, the market for combination filters is expected to grow at the highest CAGR during the forecast period. Due to the increasing traffic, population, industrialization, and industrial waste, many harmful toxic gaseous contaminants are released into the environment, thereby affecting the air quality and creating health issues. The demand for combination filters has been increased as these filters can handle multiple gases because of the lower pressures drops, lower maintenance, and replacement costs of the CIF filters.
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In the process of determining and verifying the market size for several segments and sub segments gathered through secondary research, extensive primary interviews have been conducted with key industry experts. The breakup of the profiles of primary participants has been given below:
- By Company Type: Tier 1—45%, Tier 2—30%, and Tier 3—25%
- By Designation: Managers—60% and C-Level Executives—40%
- By Region: North America—30%, APAC—35%, Europe—20%, and RoW—15%
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