Global Thermal Treatment Air Filtration Market Growth 2023-2029

Global Thermal Treatment Air Filtration Market Growth 2023-2029

Thermal treatment air filtration is a method of filtering exhaust gases generated by various industrial processes. The exhaust gases are heated to a very high temperature in the oxidizing chamber, thus breaking the bond between polluting compounds. The compounds then mix with the oxygen present in the chamber to form CO2 and H2O. It is suitable for removing hazardous airborne pollutants, VOCs, and other toxic chemicals from the industrial air stream. This technique can purify the industrial air stream to purity levels of up to 99.5%.

LPI (LP Information)' newest research report, the “Thermal Treatment Air Filtration Industry Forecast” looks at past sales and reviews total world Thermal Treatment Air Filtration sales in 2022, providing a comprehensive analysis by region and market sector of projected Thermal Treatment Air Filtration sales for 2023 through 2029. With Thermal Treatment Air Filtration sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Thermal Treatment Air Filtration industry.

This Insight Report provides a comprehensive analysis of the global Thermal Treatment Air Filtration landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Thermal Treatment Air Filtration portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Thermal Treatment Air Filtration market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Thermal Treatment Air Filtration and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Thermal Treatment Air Filtration.

The global Thermal Treatment Air Filtration market size is projected to grow from US$ 1171.9 million in 2022 to US$ 1590.7 million in 2029; it is expected to grow at a CAGR of 1590.7 from 2023 to 2029.

Of the major suppliers of Thermal Treatment Air Filtration, Fives maintained its first place in the ranking. Fives accounted for 14% of the Global Thermal Treatment Air Filtration revenue market share. Other players accounted for 7%, 6% including Babcock & Wilcox MEGTEC and Dürr AG.

In this study, the market for Thermal Treatment Air Filtration consumption volume divided into six geographic regions: In North America, total Thermal Treatment Air Filtration accounted for 28%. In the Europe, total Thermal Treatment Air Filtration accounted for 26%. The market in China Thermal Treatment Air Filtration accounted for 24%, in Japan 4%, in Asia-Pacific Other 8% and in the Rest of World 8%.

Regenerative Thermal Oxidizer covered over 48 % of the market share.

Worldwide, oil and gas industry was the largest consumer of Thermal Treatment Air Filtration, which is responsible for about 48 percent of Thermal Treatment Air Filtration consumption. The remaining 52 percent was consumed for automotive industry, Chemical industry, Coating & Printing industry, Electronics industry, Food industry, Pharmaceutical industry and among others.

This report presents a comprehensive overview, market shares, and growth opportunities of Thermal Treatment Air Filtration market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Thermal Oxidizer

Catalytic Oxidizer

Regenerative Thermal Oxidizer

Regenerative Catalytic Oxidizer

Segmentation by application

Oil And Gas Industry

Automotive Industry

Chemical Industry

Coating & Printing Industry

Electronics Industry

Food And Pharmaceutical Industry

Others (Building Materials, Cement and Lime, Consumer Goods Industry, Energy and Resource, Metals and Mining Etc.)

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Fives

Babcock & Wilcox MEGTEC

Dürr AG

JOHN ZINK COMPANY

ZEECO

Eisenmann

CECO Environmental

Honeywell International

CTP

Anguil Environmental

Process Combustion Corporation

CEC-ricm

Catalytic Products International (CPI)

Bayeco

The CMM Group

Air Clear

Perceptive Industries

Pollution Systems

Glenro

APC Technologies

Key Questions Addressed in this Report

What is the 10-year outlook for the global Thermal Treatment Air Filtration market?

What factors are driving Thermal Treatment Air Filtration market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Thermal Treatment Air Filtration market opportunities vary by end market size?

How does Thermal Treatment Air Filtration break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.