Europe Industrial Air Filtration Market Size Worth $4.61 Billion By 2027 | Global and Regional Forecast 2027 | Grand View Research, Inc.

The Europe industrial air filtration market size is expected to reach USD 4.61 billion by 2027, expanding at a CAGR of 6.5% from 2020 to 2027, according to a study conducted by Grand View Research, Inc. Stringent government regulations, intense competition among key players, technological advancements, and the development of cost-effective filtration solutions is expected to positively impact the growth. Furthermore, factors such as increased investments in industrial applications, stricter environmental constraints along with environment awareness are also anticipated to fuel the market growth.
The market is expected to witness
significant growth on account of stringent government regulations in the
European Union (EU). The market for industrial air filtration in Europe is
expected to be primarily driven by the enforcement of occupational health and
safety regulations. Favorable government regulations create and drive the
demand for products that help limit emissions. The Directive on Integrated
Pollution Prevention and Control (IPPC) along with several sectoral directives
on large combustions plants set emission limit values (ELVs) designed to deliver
reductions in anthropogenic emissions to air from industrial sources.
Furthermore, the formulation of EN 779:2011, a European standard for
particulate air filters is also expected to fuel the demand over the forecast
period. The new standard will help eliminate several issues related to
synthetic filters and filter performance.
Financial drivers may also play a key role
in incentivizing end users to enhance manufacturing performance and reduce
costs. The key requirement of the IPPC Directive is the application of Best
Available Techniques (BAT). The main objective of this policy is to stimulate
the diffusion of several advanced environmental technologies across diverse
industries. This objective is achieved through the BREF process that defines
techniques as being BAT and at the same time outlines BAT emission levels for
use across the EU.
Surging demand for products that deliver
high-performance and improved efficiency, while at the same time reduce energy
consumption, is also expected to favorably impact the regional growth over the
forecast period. High efficiency is a key requirement for any industrial air
filtration system. Additionally, filter media performance is also crucial in
any industrial air filtration system, and therefore, manufacturers emphasize on
developing more efficient solutions without compromising on other filtration
requirements.
The emergence of new raw materials
including, small fibers coupled with advancements in the non-woven technology
is expected to offer avenues for the market growth over the forecast period.
Owing to this, manufacturers are taking R&D initiatives to innovate in the
field of nanotechnology and small fibers. However, high cost of materials is
expected to hinder the market growth.
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