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THERMAL AIR FILTRATION MARKET ANALYSIS

Thermal Air Filtration Market, by Product Type (Thermal Oxidizer, Catalytic Oxidizer, Regenerative Thermal Oxidizer, and Regenerative Catalytic Oxidizer), by End-User industry (Oil and Gas Industry, Automotive Industry, Chemical Industry, Coating & Printing Industry, Electronic Industry, Food and Pharmaceutical Industry, and Others), and by Geography - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

Market Challenges And Opportunities

Rising pollution that is adversely affecting the environment is one of the major driving factors for growth of the market

Increasing industrial pollution is responsible for spreading various disease caused by toxic pollutants such as asthma, chronic obstructive pulmonary disease, lung cancer, and cardiovascular problems. For instance, according to the WHO analysis, in 2015 around 3 million people died due to air pollution. Rising awareness towards the adverse effects of polluted air on health has propelled growth of thermal air filtration market, as it helps in reducing the effects of toxic pollutants in the environment, which proportionally increases the quality of the air. Moreover, supportive government regulations in order to control air pollution and increasing concern for health disorders demands for improving quality of air are also factors supporting growth of the market. For instance, the Clean Air Act 1970, was implemented to protect public health and public welfare and to regulate emissions of hazardous air pollutants. Furthermore, rise in growth of industrialization worldwide has led to increasing air pollution along with increasing emission of additional toxic contaminants such as sulphur dioxide, carbon monoxide, carbon dioxide, and particulate matter. For instance, according to Coherent Market Insights’ analysis, in 2016, around 2.71 million tons of sulphur dioxide emissions were recorded by the coal and mining industries. Thus, demand for thermal air filtration has increased as it helps in controlling the level of air pollution.

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