Report : Europe Air Treatment Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Dryers, Industrial Filters, Specialty Filters, and Condensate Management) and Application (General Industry, Food and Beverage, Pharmaceutical, Oil and Gas, Chemical and Petrochemical, and Mining)
Refrigerant segment to dominate the Europe Air Treatment Market during 2020–2028
According to a new market research study on “Europe Air Treatment Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type and Application” is expected to reach US$ 3,164.41 million by 2028 from US$ 2,492.90 million in 2021. The market is estimated to grow at a CAGR of 3.5% from 2021 to 2028. The report provides trends prevailing in the Europe air treatment market along with the drivers and restraints pertaining to the market growth. Occurrence of wearable and giant air treatment products, surging industrialization in the region, and development of wearable and expanding innovation of advanced air treatment products are the major factor driving the growth of the Europe air treatment market. However, surfacing renewable energy sources as alternative to conventional energy sources hinders the growth of Europe air treatment market.
The Europe air treatment market is segmented on the basis of type, application, and country. Based on type, the market is segmented into dryers, industrial filters, specialty filters, and condensate management. In 2020, the industrial filters segment held the largest share of the market; and the dryers segment is expected to register the highest CAGR during the forecast period. Based on dryers, the market is segmented into refrigerant, adsorption, membrane, and deliquescent. In 2020, the refrigerant segment held the largest share; and the membrane segment is expected to register the highest CAGR during the forecast period. Based on industrial filters, the market is segmented into adsorber/oil vapor removal, coalescing, particulate, and moisture separators. In 2020, the particulate segment held the largest share; and the coalescing segment is expected to register the highest CAGR during the forecast period. Based on specialty filters, the market is segmented into stainless steel, sterile, silicone free, high pressure, high temperature, antibacterial, and absolute filters. In 2020, the high temperature segment held the largest share of the market; and the sterile segment is expected to register the highest CAGR during the forecast period. Based on specialty filters, the market is segmented into aftercoolers, oil water separators, and drains. In 2020, the drains segment held the largest share of the market; and the aftercoolers segment is expected to register the highest CAGR during the forecast period. Based on application, the market is segmented into general industry, food and beverage, pharmaceutical, oil and gas, chemical and petrochemical, and mining. In 2020, the pharmaceutical segment held the largest share of the market; and the general industry segment is expected to register the highest CAGR during the forecast period. Further, based on country, the Europe air treatment market is segmented into Germany, France, Italy, the UK, Russia, and Rest of Europe. In 2020, Germany held the largest market share; and the UK is expected to grow at the fastest CAGR during the forecast period.
Beko Technologies; Donaldson Company, Inc.; Friulair Srl; Ingersoll Rand Inc.; KAESAR KOMPRESSOREN; Mikropor; OMEGA AIR d.o.o. Ljubljana; ORION Electronics Ltd.; SPX FLOW, Inc.; and Xebec Adsorption Inc.; are among the leading companies in the Europe air treatment market. For instance, Donaldson established foundation for the expansion of the Haan, Germany manufacturing plant with an inauguration ceremony on Oct 2018. This enables to meet the demand for modern filtration technologies, especially for the food and beverage industry, thereby bolstering its market presence.
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