Thermal Treatment Air Filtration Market

Market Overview:

The global thermal treatment air filtration market size reached US$ 2.13 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.81 Billion by 2028, exhibiting a growth rate (CAGR) of 4.61% during 2023-2028. The increasing industrial pollution, implementation of various government initiatives, and growing environmental concerns represent some of the key factors driving the market.

Thermal treatment air filtration refers to a process of filtering exhaust gases produced through various industrial processes. The exhaust gases are heated at high temperatures in an oxidizing chamber to break the bond between polluting compounds. The thermal treatment air filtration device is widely used to remove hazardous airborne pollutants, toxic chemicals, and volatile organic compounds (VOC) from industrial air streams. It assists in refreshing stale air, reducing the chances of health diseases caused by indoor pollutants. As a result, thermal treatment air filtration finds extensive applications across the automotive, chemical, electronics, coating and printing, food, and pharmaceutical industries.

Thermal Treatment Air Filtration Market Trends:

Increasing industrial pollution across the globe is one of the key factors creating a positive outlook for the market. In line with this, the rising awareness of the adverse effects of polluted air on health that is responsible for spreading various diseases, such as asthma, chronic obstructive pulmonary disease (COPD), lung cancer, and cardiovascular problems, is favoring the market growth. Moreover, the increasing demand for thermal treatment air filtration systems as they help reduce the effects of toxic pollutants in the environment, which proportionally increases the air quality, is acting as another growth-inducing factor. Additionally, the widespread adoption of thermal treatment air filtration systems in the water and wastewater treatment industry to reduce the contaminants and increase the overall efficiency of the water treatment process and reduces overall operating costs is facilitating the market growth. Apart from this, the implementation of various government initiatives for sustainable development and the adoption of preventive measures by industries for controlling the level of pollution are positively influencing the market growth. Furthermore, the integration of the Internet of Things (IoT) with filtration systems that can be controlled through smartphones and provide information in real-time is providing an impetus to the market growth. Along with this, the rising environmental consciousness among the masses and the rising emission of additional toxic contaminants, such as sulfur dioxide, carbon monoxide, carbon dioxide, and particulate matter are driving the market growth. Other factors, including extensive research and development (R&D) activities, and the widespread utilization in the automotive industry to improve air quality and create safer working environments, are supporting the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global thermal treatment air filtration market, along with forecasts at the global, regional, and country level from 2023-2028. Our report has categorized the market based on type and application.

Type Insights:

• Thermal Oxidizer
• Catalytic Oxidizer
• Regenerative Thermal Oxidizer
• Regenerative Catalytic Oxidizer
   

The report has provided a detailed breakup and analysis of the thermal treatment air filtration market based on the type. This includes thermal, catalytic, regenerative thermal, and regenerative catalytic oxidizers. According to the report, thermal oxidizers represented the largest segment.

Application Insights:

• Oil and Gas Industry
• Automotive Industry
• Chemical Industry
• Coating and Printing Industry
• Electronics Industry
• Food and Pharmaceutical Industry
   

The report has provided a detailed breakup and analysis of the thermal treatment air filtration market based on the application. This includes oil and gas, automotive, chemical, coating and printing, electronics, food, and pharmaceutical industries.  According to the report, the oil and gas industry represented the largest segment.

Regional Insights:

• North America
  • United States
  • Canada
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific was the largest market for thermal treatment air filtration. Some of the factors driving the Asia Pacific thermal treatment air filtration market included the rising awareness of the adverse effects of polluted air on health, widespread product utilization in the automotive industry, and increasing expenditure capacities of consumers.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the global thermal treatment air filtration market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Air Clear LLC, Anguil Environmental Systems Inc., APC Technologies Inc, Catalytic Products International Inc., Cycle Therm LLC, Eisenmann Environmental Technology GmbH, Fives SAS, John Zink Hamworthy Combustion (Koch Industries Inc.), Pollution System Solutions Inc, Process Combustion Corporation, The Cmm Group LLC, Zeeco Inc., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Report Coverage:

Key Questions Answered in This Report:

• How has the global thermal treatment air filtration market performed so far and how will it perform in the coming years?
• What are the drivers, restraints, and opportunities in the global thermal treatment air filtration market?
• What are the key regional markets?
• Which countries represent the most attractive thermal treatment air filtration markets?
• What is the breakup of the market based on the type?
• What is the breakup of the market based on the application?
• What is the competitive structure of the global thermal treatment air filtration market?
• Who are the key players/companies in the global thermal treatment air filtration market?

Key Benefits for Stakeholders:

• IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the thermal treatment air filtration market from 2017-2028.
• The research study provides the latest information on the market drivers, challenges, and opportunities in the global thermal treatment air filtration market.
• The study maps the leading as well as the fastest growing regional markets. It further enables stakeholders to identify the key country-level markets within each region.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the thermal treatment air filtration industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.