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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Fuel Cell Market size worth $25.5bn by 2024 Europe Industrial Air Filtration Market based Dust collectors sector to witness growth of 7.5% up to 2022: Global Market Insights Inc.
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Europe Industrial Air Filtration Market size is set to exceed USD 1.85 billion by 2022; according to a new research report by Global Market Insights, Inc. Driven by stringent safety and health regulations such as the Euro VI associated with the emission limits of the vehicle the Europe industrial air filtration market is anticipated to grow over the forecast timeline. The sectoral directive with IPPC (Integrated Pollution Prevention and Control) has setup the emission limit standards for large combustion plants to reduce air pollution. The formulation of EN 779:2011, a standard for specific air filters which is expected to eliminate filter performance issues may provide attractive growth prospects. European government guidelines to curb the emission of greenhouse gases and minimize water and soil pollution and the development of manufacturing industries is anticipated to propel the Europe industrial air filtration market. Key Insights from Europe Industrial Air Filtration Market:
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Industrial procedures comprise complex operations and use a large number of chemical compounds, which are highly toxic in nature. The usage of such hazardous substances results in particulates, gases, mists, and vapors at the workplace that hampers the health of the workforce. Such safety concerns have led to increasing adoption of the advanced solutions driving the Europe air filtration market size. This equipment supports energy management by minimizing the energy consumption levels. In addition, it removes different air-borne contaminants at multiple production levels coupled with its capability to eliminate oil vapor, odors, and dust particles which is projected to boost Europe industrial air filtration market size. Continued...
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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Browse Full Market Research Report On Europe Industrial Air Filtration Market @ https://goo.gl/Kn13F7https://goo.gl/Kn13F7 Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/350 1154 https://www.gminsights.com/request-sample/detail/49
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Dust collectors are set to grow at a CAGR of over 7.5% from 2012 to 2022, HEPA filter accounted for the highest industry share in 2015 and is expected to reach over USD 450 million by 2022 due to its extremely efficient collection volume of submicron particulate matter. Food & beverage industry is forecast grow at a CAGR of over 8% over the next eight years. This growth is attributed to the rising concerns regarding the cross contamination, sanitary regulations, and food handling regulations. Italy is likely to reach over USD 320 million by 2022 due to the booming pharmaceutical industries in the region. Moreover, rising research and development activities in the region to provide long lasting and cost- effective products will propel the Europe market growth. Germany held the highest share of the Europe industrial air filtration market in 2015 and it is estimated to exhibit substantial growth rate owing to the rising number of metal processing and food & beverages industry over the forecast timeline. Moreover, players operating in the country are focusing on cutting-down the manufacturing costs instigating the high demand across the region. Continued
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Industry players operating across the boom trucks market include Manitex International, Elliott Equipment Company, Palfinger, Manitowoc, etc. Manufacturers are focusing on upgrading the equipment to better meet the changing demand across the industry verticals such as utility and telecom. Moreover, frequent mergers and acquisitions have become the prominent expansion strategy. For example, in 2015 Manitex acquired PM Group to expand its product portfolio with the addition of knuckle boom trucks. Furthermore, in November 2016, the company revealed its new 28-meter telescopic truck mounted platform, the P-280B on a 3.5-ton Euro 6 framework. Continued
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