Gas Phase Filtration Market to Grow at CAGR 5% till 2021
Rising
demand from pulp and paper industry coupled with increasing need for protection
of vital electronic equipment to drive global gas phase filtration market
through 2021
According to TechSci Research
report “Global Gas Phase Filtration Market, By Type, By Filter Media, By Sector,
Competition Forecast and Opportunities, 2011 - 2021”, global gas phase
filtration market is projected to grow
at a CAGR of over 5% during 2016-2021, due to rising need for removing unwanted
gases, implementation of stringent government regulations to maintain suitable
indoor air quality and growing demand for protecting vital electronic equipment
from corrosive gases. Additionally, growing requirement from commercial and
residential sectors is projected to fuel demand for gas phase filters across
the globe.
Growing need to
capture hazardous gases and odors released during various chemical processes in
different industries is fueling demand for gas phase filters across the globe.
Major end user applications for gas phase filtration include pulp and paper,
refining and petrochemicals, wastewater treatment and electronic industry. Activated
carbon, a cost effective adsorbent media capable of removing a broad range of
gases, is widely used in gas phase filtration across the globe. However, use of
potassium permanganate in gas phase filtration is expected to witness faster
growth during the forecast period owing to its ability to arrest toxic gases. Global
gas phase filtration market is highly fragmented and controlled by various
global and regional players. Few of the major players operating in global gas phase
filtration market include AAF, Freudenberg, Donaldson, Camfil, and Purafil,
among others.
“A
large number of companies are heavily dependent on data centers and improper
monitoring of gaseous contaminants such as fumes,
tobacco smoke and other gases may cause corrosion/damage of critical
electronic components. Data centers are
increasingly contributing to the growing demand for gas phase filters, as any
disruption in data centers may incur huge loss to organizations. As a result,
data centers have become one of the fastest growing applications for gas phase
filters across the globe, and this trend is expected to continue through 2021
as the market for modular data centers is forecast to reach $36 Bn by 2021 from
$8.5 Bn in 2015.’’ said Mr. Karan Chechi,
Research Director with TechSci Research, a research based global management consulting firm.
“Global Gas Phase Filtration Market, By Type, By Filter Media, By Sector, Competition Forecast
and Opportunities, 2011 - 2021” has analyzed the potential
of gas phase filtration market and provides statistics and information on
market size, shares and trends. The report will suffice in providing the
intending clients with cutting-edge market intelligence and help them in taking
sound investment decisions. Besides, the report also identifies and analyzes
the emerging trends along with essential drivers and key challenges faced by
the industry.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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