Global Air Filters and Filtration Equipment Market to Exceed US$7.1 Billion by 2010, According to a New Report by Global Industry Analysts, Inc.
Growing concern over Indoor Air Quality (IAQ), stringent industrial pollution control regulations, new product innovations, and growing popularity of cabin air filters are the primary factors driving the air filtration market.
San Jose, CA (PRWEB) March 5, 2008 -- Global demand for air filters and filtration equipment has been witnessing healthy growth. Besides the industrial regulations, demand for air filters would also be coming from factors including the threat of bio and chemical terrorism and health threats such as Severe Acute Respiratory Syndrome (SARS). Technological advances are also expected to drive the market. Filters that not only capture but also kill microorganisms are being commercialized.
Worldwide market for Air Filters and Filtration Equipment is projected to exceed US$7.1 billion in 2010, as stated in a recent report published by Global Industry Analysts, Inc. Buoyed by the burgeoning Chinese market, Asia-Pacific is expected to offer the highest growth opportunity with a compounded annual growth rate of over 7.5%. Developed regions are expected to offer relatively lower growth opportunities. Automotive air filters market account for over 41% of global demand for air filters. In cartridge air filters market, Japan is expected to register the fastest growth over the period 2000-2010 with sales exceeding US$35 million in 2010.
Major players in the marketplace include 3M Company, Aerospace America Inc., Air Filter Service Company, Air Filtration Systems LLC, Airtech Japan Ltd., American Air Filter (AAF) International, BBA Filtration, Bruce Air Filter Company, Camfil Farr, Champion Laboratories, Inc., Clarcor, Inc., Purolator Products Air Filtration, Cummins, Inc., Cummins Filtration, Donaldson Co., Inc., Dust Free Inc., Filter Equipment Company Inc., Filtration Group Inc., Filtration Systems Products Inc., Filtrauto S.A., Flanders Corp., Precisionaire Inc., Freudenberg Group, Freudenberg Nonwovens L.P., Locker Air-Maze, Lydall Inc., Mann Hummel, Nordic Air Filtration A/S, Pall Corporation, Purafil Inc., SPX Corporation, Trion Inc., and Waltz-Holst Blow Pipe Co.
"Air Filters And Filtration Equipment Market: A Global Strategic Business Report", published by Global Industry Analysts, Inc., provides a comprehensive review of market trends, product profile, recent developments, mergers, acquisitions, profiles of major players and other strategic industry activities. Analysis is presented for major geographic markets such as US, Canada, Japan, France, Germany, Italy, the UK, Spain, Russia, Asia-Pacific and rest of world. Product segments independently analyzed include automotive air filters, cartridge air filters, electrostatic air filters, fabric air pollution filters, HVAC air filters, and other air purification filters.
For more details about this research report, please visit http://www.strategyr.com/Air_Filters_and_Filtration_Equipment_Market_Report.asp.
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press(at)StrategyR.com
Web Site http://www.strategyR.com/
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