The global industrial air cleaners market is forecast to grow at a CAGR of 6.84% during the period 2017-2021.
The report, Global Industrial Air Cleaners Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.
The latest trend gaining momentum in the market is the adoption of AMC and HEPA filters in microelectronics manufacturing industry. Technology nodes can have smaller critical dimension as they can be printed into patterns using lithographic processes, which have shrunk to 14 nm and below in most advanced semiconductor fabs. These nodes form a transistor, which is the most vital component in any electronic device. The smaller dimension ensures more processing and storage of information and better performance of the microelectronic equipment, which is important for consumers. Smaller dimensions increase the density of packed information, thus making the processing of information faster.
According to the report, one of the major drivers for this market is the rise in economic activities accounting for harmful emissions. The economic growth of a nation is the measure of its prosperity and is primarily driven by industrial activities and infrastructural development. However, increased industrial manufacturing and infrastructural development activities often result in the rise of pollutants in the form emissions and acidifying gases such as SO2, NOx, and NH3.
Growing population along with rapid economic growth, globally, will put immense pressure on the demand for energy. As per IEA estimates, in 2015, primary global energy consumption increased by 1%, which was significantly lower than the 10-year average of 1.9%. Majority of the global growth in electricity demand originated from the emerging economies. China, despite witnessing a reduction in consumption, also accounted for the largest increase in primary energy consumption worldwide.