Gas Phase Filtration Market By Type (Combination Filters, Packed Bed Filters), By Application (Odor Control, Corrosion & Toxic Gas Control), By Media (Blend, Potassium Permanganate And Activated Carbon) 2018 - 2023

Global Gas Phase Filtration Market was valued at USD 1.67 Billion in the year 2017. Global Gas Phase Filtration Market is further estimated to grow at a CAGR of 4.82% from 2018 to reach USD 2.21 Billion by the year 2023. Asia-Pacific region holds the highest market share in 2017 and the Asia-Pacific market is considered as the fastest growing market in the forecasted period. At a country level, developed markets like China with highest population base holds the notable market share in 2017 and it is projected to grow at a gradual rate in the coming years.

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American Air Filter Company, Inc. (U.S), Kimberly-Clark Corporation (U.S), Freudenberg Filtration Technologies SE & Co. KG (Germany), Circul-aire Inc. (Canada), Donaldson Company, Inc. (U.S), The Camfil Group (Sweden), PURAFIL, INC. (U.S), Clarcor, Inc. (Parker Hannifin Corporation) (U.S), ProMark Associates, Inc. (U.S), Bry-Air (Asia) (India), are some of the key players in the Gas Phase Filtration Market with American Air Filter Company, Inc. holding the substantial market share because of its better technological advancements and global reach. Technological upgradation to cater to changing demand of end users. Similarly, growth strategies such as acquisition & merger were few techniques adopted by most of the top players in the last 5 years.

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Drivers:

• Execution of strict government regulations to protect environment

Restraints:

• Critical economic conditions

Opportunities:

• Rapidly advancement in industrialization in developing countries

Challenges:

• Designing unique gas phase filtration solutions across industries

Segmentation done on the basis of Media includes Blend, Potassium Permanganate and Activated Carbon of which the Activated Carbon segment is expected to hold the highest market share during the forecast period. On the other hand, segmentation done on the basis of Types include Combination Filters and Packed Bed Filter of which Combination Filters segment is expected to grow at the highest CAGR during the forecast period.

Key Benefits for Stakeholders

• Raw material and manufacturing equipment providers,
• Gas phase filtration system manufacturing companies, Air filter manufacturing firms
• Organizations, forums, alliances, and associations in the filtration sector.

By Type

• Combination Filters
• Packed Bed Filters

By Application

• Odor Control
• Corrosion & Toxic Gas Control

By Media

• Blend
• Potassium Permanganate
• Activated Carbon

By End User

• Semiconductor Manufacturing Industry
• Chemicals and Petrochemicals Industry
• Healthcare Industry
• Metals & Mining Industry
• Pulp & Paper Industry
• Food & Beverages Industry
• Other

By Region

• North America
• Europe
• Asia-Pacific
• ROW

Key Market Players

• American Air Filter Company, Inc.
• Kimberly-Clark Corporation
• Freudenberg Filtration Technologies SE & Co. KG
• Circul-aire Inc.
• Donaldson Company, Inc.
• The Camfil Group
• PURAFIL, INC.
• Clarcor, Inc. (Parker Hannifin Corporation)
• ProMark Associates, Inc.
• Bry-Air (Asia)

(Another brief information of 10 companies will be provided in a report)

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This release was published on openPR.