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Oct 8, 2020 8:00 AM ET

Gas Phase Filtration Market is set for a Rapid Growth and is Expected to Reach USD 13.78 Billion by 2026


iCrowd Newswire - Oct 8, 2020

Zion Market Research has published a new report titled “Gas Phase Filtration Market Report by Type (Packed Bed, and Combination), by Media (Activated Carbon, Potassium Permanganate, and Blend), by Application (Corrosion & Toxic Gas Control and Odor Control), and by End-Use Industry (Pulp & Paper Industry, Chemicals, and Petrochemicals Industry, Metals & Mining Industry, Food & Beverages Industry, Healthcare Industry, and Semiconductor Manufacturing Industry): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 – 2026.”According to the report, the Gas Phase Filtration Market accounted for USD 2.15 Billion in 2018 and is expected to reach USD 3.05 Billion by 2026, growing at a CAGR of around 4.5% between 2019 and 2026.

The global gas phase filtration market is anticipated to observe noticeable growth over the years. The gas-phase filtration is used for purifying the air present in the surroundings. The emissions of dangerous gases and particulates such as trace metals, nitrogen, and nitrogen dioxide have hazardous impacts on human health and equipment. Several health problems such as eye, throat and nose irritation, headaches, nausea, damage to kidney & liver, and skin reactions are occurred by these harmful gases. This has led to the adoption of gas-phase filtration by various industries across the globe. Additionally, growing investments in the chemical and petrochemical industries are expected to bolster the gas phase filtration systems within the forecast period.

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The global gas phase filtration market has been categorized on the basis of the type, media, application, and end-use industry. Based on the type, the gas phase filtration market is segmented into a packed bed and combination filters. Among these two segments, the packed bed filters are anticipated to have a larger market share owing to the superior efficiency of eliminating the harmful gases and controlling odors in several industries such as chemicals and petrochemicals, healthcare, metals & mining, pulp & paper, and semiconductor manufacturing as these industries released toxic gases and VOCs. Moreover, the packed bed filters are cheaper compared to combination gas-phase filters which fuel their demand for removing indoor air pollutants, which is likely to create a huge demand for the market. On the basis of media, the gas phase filtration system is segmented into activated carbon, potassium permanganate, and blend. The activated carbon holds maximum share as it performs absolutely well under various humidity and temperature conditions. The activated carbon is easily available in the market and is widely used in gas phase filtration across the globe. It a cost-effective, safe to handle and is capable of removing a wide range of gases.

However, the usage of the potassium permanganate in gas phase filtration is likely to have faster growth within the forecast period due to its ability to resist toxic gases. In terms of the application, the gas phase filtration system is segmented into corrosion & toxic gas control and odor control. Based on the end-use industry, the gas phase filtration system is segmented into pulp & paper industry, chemicals, and petrochemicals industry, metals & mining industry, food & beverage industry, healthcare industry, and semiconductor manufacturing industry. Among the end-users, the healthcare industry segment is projected to grow at the uppermost CAGR within the forecast period. This is due to the risk of infection and cross-contamination hazards in the healthcare industry, thereby implementing clean air solutions for avoiding spreading of pathogenic bacteria & viruses, and for protecting persons against diseases that are transmitted viva air. All these aspects are estimated to bolster the growth of the gas phase filtration market for this end-use industry.

The key players in the global gas phase filtration market are Camfil, American Air Filter (AAF) Company, Donaldson Company, Freudenberg, Clarcor (Parker Hannifin Corporation), Bry-Air, Purafil, Circul-Aire, Kimberley-Clark Corporation, and Promark Associates.

This report segments the global gas phase filtration market as follows:

Global Gas Phase Filtration Market: Type Segment Analysis

Global Gas Phase Filtration Market: Media Segment Analysis

Global Gas Phase Filtration Market: Application Segment Analysis

Global Gas Phase Filtration Market: End-Use Industry Segment Analysis

Global Gas Phase Filtration Market: Regional Segment Analysis

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Keywords:    Gas Phase Filtration Market

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