Global Industrial Air Purifiers Market Grows Steadily at a CAGR of 5.90%

Introduction

Industrial air purifiers are used to maintain the interior air quality of industrial workshops, which is impacted by pollutants produced in various industrial operations, such as metal processing, food and beverage processing, welding fumes, and volatile solvents. Most industrial air purifiers use molecular and high-efficiency particulate air (HEPA) filters. Molecular filters stop smells, oil mist, and mold spores, while particulate filters trap larger dust and metal particles. Industrial air purifiers provide workers with clean air. As a result, they are preventing health risks, including pollen allergies and asthma. Additionally, the rising awareness of air pollution encourages using interior air purifiers.

Market Dynamics

Falling Indoor Air Quality Drives the Global Market

Air pollution is one of the top causes of health and environmental problems on a global scale. Frequent acid rain events and the emergence of thick smog have demonstrated that outdoor air pollution has been significantly rising. Indoor air pollution has adverse effects that are similar to those of outdoor pollution. The presence of dust lowers industrial workstations' indoor air quality (IAQ) and minute particles brought on by manufacturing procedures like metal cutting, welding, or the use of powdered raw materials in the food and beverage sector. These processes generate smoke, chemical vapors, and tiny particulates that are concentrated in enclosed industrial settings and seriously injure the occupants.

Technological Advances in Air Purification System Create Tremendous Opportunities

Significant players in the air purification industry, such as filter, media, and purification equipment manufacturers, have focused on developing more durable and ecologically friendly air filtering systems as public awareness of air pollution has increased. These innovations increase the efficiency with which air purifiers can filter the air and reduce the amount of energy they consume and the noise that air intake fans create. Thanks to the incorporation of artificial intelligence technologies, air purifiers may also notify users of filter status, information about the quality of the air, and other important information.

Regional Analysis 

Asia-Pacific is the highest revenue contributor and is anticipated to expand at a CAGR of 7.60% during the projection period. Among the important manufacturing centers in the Asia-Pacific region are Australia, South Korea, China, and India. Utilizing the Internet of Things (IoT), smart industrial infrastructure, and other technological breakthroughs, the expansion of the manufacturing facilities in this region is made possible. In addition, the accessibility of resources like infrastructure, raw materials, water, labor, and land affordability attracts western nations to build factories in developing countries like Bangladesh, India, and Myanmar. This further supports the industrial industry. The rise of the market for these devices fuels the demand for industrial air purifiers, further supported by increased production.

Europe is anticipated to grow at a CAGR of 4.80% during the forecast period. Europe includes France, Germany, the United Kingdom, and others. Industrial air purifiers have been employed in many nations because of the prosperous economic environment in the European region. According to data published in 2019 by the European Commission, the region's fastest-growing businesses are those related to digital, medical devices, the environment, biopharmaceuticals, and advanced packaging. Furthermore, as new markets for bespoke goods emerge, Europe's manufacturing sector is growing significantly. Such elements promote industrial growth, projected to drive the demand for industrial air purifiers.

Key Highlights

• The global industrial air purifiers market size was valued at USD 3,060.30 million in 2022. It is projected to reach USD 5,126.58 million by 2031, growing at a CAGR of 5.90% during the forecast period (2023-2031).
• Based on type, the global industrial air purifiers market is bifurcated into molecular and particular. The molecular segment is the highest contributor to the market and is estimated to grow at a CAGR of 6.70% during the forecast period.
• The global industrial air purifier market is bifurcated based on portability into portable and non-portable. The non-portable segment is the highest contributor to the market and is estimated to grow at a CAGR of 5.10% during the forecast period.
• Based on the end-user industry, the global industrial air purifiers market is bifurcated into food and beverage, metal processing, agriculture, construction, and others. The food and beverage segment is the highest contributor to the market and is estimated to grow at a CAGR of 7.20% during the forecast period.
• Asia-Pacific is the most significant revenue contributor and is expected to grow at a CAGR of 7.60% during the forecast period.

Competitive Players

Competitive Players

The global industrial air purifiers market's major key players are Airoshine Air Purifiers, Atlanta Healthcare, Camfil Ab, Daikin Industries, Ltd., Honeywell International, Inc, and Parker Hannifin Corporation.

Recent Developments

Market News

• In March 2023, ams OSRAM, a global leader in optical solutions, introduced the OSLON® UV 3535 series of mid-power UV-C LEDs that meet customers’ requirements for a longer lifetime, higher output power, and easier system integration.
• In January 2023, US and India-based technology startup Praan, Inc. (Praan) developed its latest filterless air purification technology using Ansys' industry-leading simulation solutions.

Segmentation

Global Industrial Air Purifiers Market: Segmentation

By Type

• Molecular
• Particulate

By Portability

• Portable
• Non-Portable

By End-user industry

• Food and beverage
• Metal processing
• Agriculture
• Construction
• Others

By Regions

• North America
• Europe
• Asia-Pacific
• LAMEA