
Published On: Jul 2022
Published On: Jul 2022
According to our latest study on “South & Central America Industrial Air Filter Market Forecast to 2028 –Analysis – by Product, Application, and Country” The South & Central America industrial air filter market is expected to grow from US$ 207.06 million in 2021 to US$ 315.09 million by 2028; it is estimated to grow at a CAGR of 6.2% from 2021 to 2028. The report highlights trends prevailing in the market, and the drivers and restraints pertaining to the market growth. The growth of this market is estimated to grow owing to key driving factors such as the rising environmental concern and the rising awareness regarding importance of clean air in the workplace. However, high capital and operating cost issues and requirement of constant cleaning and replacement in spaces concerns are expected to hamper the market during the forecast period.
The South & Central America industrial air filter market is segmented into product, application, and country. Based on products, the market is segmented into dust filters, mist filters, baghouse filters, cartridge collectors and filters, HEPA filters, wet scrubbers, and dry scrubbers. The HEPA filters segment accounted for the largest market share in 2021 Based on application, the market is categorized into cement, food & beverages, metals, power generation, pharmaceuticals, chemicals, oil & gas, and others. In 2021, the power generation segment accounted for the largest market share. Based on country, the South & Central America industrial air filter market is categorized into Brazil, Argentina, and the Rest of South & Central America. In 2021, Brazil held the largest market share.
Honeywell international Inc., MANN + HUMMEL International gmbh & co. KG, BEKO Technologies, Camfil, Sentry air systems Inc., Donaldson Company Inc., Filtration group industrial, and Pall Corporation are among the leading companies in the South & Central America industrial air filter market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
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