Europe Industrial Air Filtration Market Revenue and Growth Prospect Analysis by 2020

Industry Insights
Formulation and implementation of occupational health and safety regulations would primarily drive the demand of Industrial Air Filtration equipment in Europe. The encouragement provided by the governments through favourable laws will create and drive the demand for equipment limiting emissions. The industrial emissions directive-The IPCC has set a goal of creating new avenues for the air filtration industry. The products delivering high performance along with reduction in consumption of energy will positively affect the market and drive the demand for the air filtration over the forecast period. Growing awareness about environment protection, changing demographics, rapid rate of modernization and urbanization will also create demand for the products. Any industrial air filtration industry feeds on high efficiency.

Along with high efficiency, the performance of media also plays an important part, forcing the producers to research and develop more effective solutions without making any alterations in other requirements of the system. Development of new raw materials such as fibers working in conjunction with non-woven technology offers newer chances for market growth over the next few years. Producers are largely focusing on research and development to make inventions in the field of nanotechnology. Shifting of number of heavy industries to the Eastern European regions from Europe has presented comprehensive opportunities to export their technology.

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Complex mechanisms are implemented to make sure that the complex devices such as the filtration equipment work efficiently. Performance and quality of industrial air filtration system is continuously being improved by implementing several new technologies so that their production cost too is reduced. Reducing the biological contaminant in the media and reducing the pressure drop are the major areas of concern and are promptly attended as well.

Product Insights
The industrial air filtration system consists of mist collectors, dust collectors, cartridge filters, baghouse filters and high efficiency particulate air (HEPA). The HEPA filters provide higher efficiencies and are extensively used in hospitals, laboratories to control microbes and allergy causing micro-organisms. Microelectronics manufacturers make the use of ULPA filters. Low-efficiency filters like the pre-filters are employed in the HEPA and ULPA filters to improve the air quality by capturing particulates before they reach the final filtration stage.

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Application Insights
Increase in demand across various industries such as metal, cement, pharmaceutical, power etc. is expected to drive the growth of industrial air filtration market. Nuclear industry acts as the major pivotal factor in the generation of power for domestic and defence purposes. Fuel processing installations & waste management, nuclear energy research facilities and power generation units make use of air filtration as their main component. Stringent Environmental norms also have additionally led to the growth of air filtration systems which are used to reduce radioactive pollution.

Need to achieve energy efficiency and implementation of stringent government regulations, have caused increased application of air filtration systems in several sectors. Variety of contaminants from the environment are removed by air filtration systems. Nature of the contaminant determines the effectiveness of a particular filtration system.

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Regional Insights
In 2013 Germany consumed a considerable share of the market. Growth of HEPA filters is expected in this region over the next few years. The UK and Italy are also expected to gain momentum in the forecast period. High demand across various applications can be considered as one of the reasons for this.

Competitive Insights
Donaldson, Camfil, Clarcor are major key players in the market due to whom the market is expected to remain highly competitive. Core business strategy of the companies involve innovations and new product developments. Low-cost offshore production and changes in sourcing strategies are the methods undertaken by companies to reshape their global manufacturing footprint. This is the reason due to which most of the firms are relocating their manufacturing in countries of Eastern Europe such as Poland, Slovakia and Czech Republic. The proximity of these locations to significant markets such as Austria and Germany benefit the firms tremendously.