(EMAILWIRE.COM, June 18, 2019 ) The gas phase filtration market was valued at USD 1.65 billion in 2017 and is estimated to reach USD 2.17 billion by 2023, at a CAGR of 4.55% during the forecast period. The base year considered for the study is 2017, and the forecast period is between 2018 and 2023. The objective of the report is to provide a detailed analysis of the gas phase filtration market based on type, media, application, end user, and geography. The report provides detailed information regarding the major factors influencing the growth of the market. The report also provides a detailed overview of the value chain of the ecosystem of gas phase filtration solutions.

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The gas phase filtration market for the healthcare industry to grow at the highest CAGR during the forecast period

Among the gas phase filtration end users, the market for the healthcare industry is estimated to grow at the highest CAGR during the forecast period. In the healthcare industry, the hospital staff and patients are constantly exposed to infection and cross-contamination hazards, thereby adopting clean air solutions for preventing spreading of viruses and pathogenic bacteria and for protecting people against diseases transmitted through the air. All these factors are expected to fuel the growth of the gas phase filtration market for this industry.

The market for combination filters is expected to grow at the highest CAGR during the forecast period. Due to the increasing traffic, population, industrialization, and industrial waste, many harmful toxic gaseous contaminants are released into the environment, thereby affecting the air quality and creating health issues. The demand for combination filters has been increased as these filters can handle multiple gases because of the lower pressures drops, lower maintenance, and replacement costs of the CIF filters.

The packed bed filters are likely to hold a larger market size during the forecast period owing to their high efficiency of removing aberrant gases and controlling odors in different industries such as pulp & paper, chemicals and petrochemicals, healthcare, metals & mining, and semiconductor manufacturing as highly toxic gases and volatile organic compounds (VOCs) are released in these industries. Moreover, these filters are cheaper than that of combination filters, which fuels their demand for removing indoor air pollutants.

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Based on media, activated carbon is expected to command the gas phase filtration market during the forecast period. Activated carbon reacts well under various temperature and humidity conditions, is safe to handle, and easily available in varied sizes. Hence, this segment is likely to hold the largest market size in the near future.

Between applications, the gas phase filtration market for odor control is expected to grow at higher CAGR between 2018 and 2023. Odorous gases are released with the use of chemicals in industrial environments, which, in turn, has boosted the demand for gas phase filtration products for odor control applications in industries such as pulp & paper and wastewater treatment.

The gas phase filtration market in APAC expected to grow at the highest CAGR during the forecast period

The gas phase filtration market in APAC is expected to grow at the highest CAGR between 2018 and 2023. This growth is due to the high economic growth witnessed by several emerging economies in the region such as China and India. Further, several international companies have built their manufacturing plant in APAC owing to the easily available raw materials and low-cost labor. Additionally, new power generation stations are also being set up in the region to fulfill the growing demand for energy from several industries. All these factors are expected to fuel the growth of the gas phase filtration market in APAC.

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Major players operating in this market are Camfil (Sweden), American Air Filter (AAF) Company (US), Donaldson Company (US), Freudenberg (Germany), Clarcor (Parker Hannifin Corporation) (USA), Bry-Air (Asia) (India), Purafil (US), Circul-Aire (Canada), Kinberley-Clark (US), and Promark Associates (USA).

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This research report categorizes the global gas phase filtration market on the basis of type, media, application, end user, and region. It describes the drivers, restraints, opportunities, and challenges with respect to the gas phase filtration market.

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