IMARC Group, a leading market research company, has recently releases report titled “Thermal Treatment Air Filtration Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global thermal treatment air filtration market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How big is the thermal treatment air filtration market?
The global thermal treatment air filtration market size reached US$ 2.13 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.81 Billion by 2028, exhibiting a growth rate (CAGR) of 4.61% during 2023-2028.
What is the thermal treatment air filtration?
Thermal treatment air filtration involves heating exhaust gases at high temperatures in an oxidizing chamber to break the bond between harmful compounds, effectively eradicating various pollutants, such as volatile organic compounds (VOCs), hazardous air pollutants (HAPs), and odors. This process refreshes industrial air streams, reducing the risk of indoor pollutant-related health issues. In addition to this, thermal treatment air filtration also ensures workplace safety and minimizes health problems for employees working with dangerous chemicals and pollutants. As a result, this procedure finds widespread applications across several sectors, including oil and gas, automotive, chemical, coating and printing, electronics, food and beverage (F&B), and pharmaceuticals.
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What are the growth prospects and trends in the thermal treatment air filtration industry?
The emerging trend of industrialization and the rising problem of industrial pollution across the globe are primarily driving the thermal treatment air filtration market. Besides this, the high prevalence of illnesses caused by air pollution, such as asthma, chronic obstructive pulmonary disease (COPD), cardiovascular problems, lung cancer, stroke, and ischaemic heart disease, is further augmenting the market growth.
Moreover, the elevating requirement for thermal treatment air filtration systems in water and wastewater treatment to decrease contaminants and enhance overall treatment efficiency and in the automotive industry for improving air quality and ensuring a safe working environment is also catalyzing the global market. Apart from this, the increasing need to reduce emissions of toxic contaminants, including sulfur dioxide (SO2), carbon monoxide (CO), carbon dioxide (CO2), and particulate matter, and the implementation of stringent regulations by the government bodies to control pollution levels in industries are acting as significant growth-inducing factors.
Furthermore, the integration of advanced technologies, such as artificial intelligence (AI), machine learning (ML), and the internet of things (IoT) with these systems to control moisture and optimize energy is expected to bolster the thermal treatment air filtration market in the coming years.
Who are the key players operating in the industry?
The report covers the major market players including:
- Air Clear LLC
- Anguil Environmental Systems Inc.
- APC Technologies Inc
- Catalytic Products International Inc.
- Cycle Therm LLC
- Eisenmann Environmental Technology GmbH
- Fives SAS
- John Zink Hamworthy Combustion (Koch Industries Inc.)
- Pollution System Solutions Inc
- Process Combustion Corporation
- The Cmm Group LLC
- Zeeco Inc
What is included in market segmentation?
The report has segmented the market into the following categories:
Type Insights:
- Thermal Oxidizer
- Catalytic Oxidizer
- Regenerative Thermal Oxidizer
- Regenerative Catalytic Oxidizer
Application Insights:
- Oil and Gas Industry
- Automotive Industry
- Chemical Industry
- Coating and Printing Industry
- Electronics Industry
- Food and Pharmaceutical Industry
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Industry Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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