Turbine Air Filtration Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | 3.27 % |
| Fastest Growing Market | South America |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Turbine Air Filtration Market Analysis
The global turbine air filtration market is expected to grow at a CAGR of 3.27%, accounting from USD 1.92 billion in 2020 to USD 2.36 billion in 2027. The market was severely impacted due to the COVID-19 since the prime consumers of the market, such as the oil & gas industry and power generation industry, also witnessed a decline in the market activities. Factors such as the adoption of natural gas-fired power plants, due to increasing focus on clean power generation, are expected to experience robust growth in the coming years, and this, in turn, is expected to drive the turbine air filtration market due to its vast application in the power sector. However, The rising adoption of renewable energy, such as solar and wind energy, is likely to hinder the market growth during the study period.
- The power generation segment is expected to be the largest segment for the turbine air filter market, with gas turbine power generation has evolved to be one of the most viable and environmentally-friendly methods of power production.
- The governments of China, India, and other developing economies have been preferring low-polluting gas-based power stations. This, in turn, is expected to create opportunities for the regional turbine air filtration systems market in the near future.
- Asia-Pacific is expected to dominate the market's growth, with the majority of the demand coming from countries such as China and India.
Turbine Air Filtration Market Trends
This section covers the major market trends shaping the Turbine Air Filtration Market according to our research experts:
Power Generation Segment to Dominate the Market
- The power generation industry, being one of the core industries, lays special emphasis on its operational efficiency and emissions, as small changes in these drastically affect the overall performance. Moreover, the industry also focuses on reliability, for which they require maximum uptime for the infrastructure. However, the overall industry is in a transition phase, from one based on oil and coal to one is based on greener options such as natural gas. Turbines are an integral part of these power plants, and they depend on reliable filtration of the supply air since poor quality of air can lead to the failure of the turbines, which leads to bottlenecks in the power supply.
- The ventilation and combustion air filter systems are designed to protect the turbine and other equipment compartments from the effects of air-borne dirt, contamination, and foreign objects. Optimizing the filter efficiency reduces fouling which can have a major impact on heat rate and fuel costs, coupled with greater machine availability. Since the air supplied to the turbines used in power plants is generally at low or medium velocity; therefore, respective air filter types are used.
- Depending on the power plant's location, the filtration stage and strength are chosen. In coastal or onshore regions, usually, two-stage filters are used to achieve ideal results, wherein the first stage typically includes pocket filter, and the second stage includes cassette filters, which primarily captures particles and moisture. However, in a certain case, three-stage filtration is also used to achieve EPA purity levels (ISO ePM1 > 95%). In near-desert regions, the power plants are more likely to be subjected to special environmental conditions, like sand from desert storms, high temperature, and high morning humidity. Therefore, pulse systems are used to clean the filters according to the dynamics of the environment. Moreover, coalescers are also used to tackle the excess moisture produced mainly due to proximity to water bodies or heavy fog.
- Gas turbines are commonly used in gas-fired power plants. As of 2020, more than 23.36% of the global power generation came from natural gas. Natural gas is one of the growing sources of power generation as it is in line with the global goals of reducing greenhouse gas emissions. According to International Energy Agency, power generation through natural gas (under sustainable development scenario) is expected to reach 7,043 TWh by 2030 from 6,268 GWh in 2020.
- Therefore, owing to the above points, powergeneration segment is expected to dominate the turbine air filteration market during the forecast period.
Asia-Pacific to Dominate the Market
- Asia-Pacific is one of the fastest-growing regions in the world, owing to the presence of emerging countries, like India and China, and developed countries, such as Japan, South Korea, and Australia.
- As of 2020, Asia-Pacific is one of the leading markets for turbine air filtration, with the majority of the demand coming from countries like India, China, Australia, and others.
- Furthermore, the presence of many chemical industries and low labor wages are expected to drive the manufacturing sector in the region. The increase in the manufacturing sector, combined with factors such as high levels of urbanization, infrastructural developments, and subsequent investments in developing new large gas-fired combined cycle power generation to meet the increased electricity demand, is expected to spur the demand in the market studied.
- Further, leading turbine air filtration manufacturers aligned their focus toward business expansions across China. In March 2020, Donaldson Company announced its plans to provide unique engineered filtration solutions for harsh environments like China's and the most air intake and lubrication systems for gas turbines, industrial compressors, and generator sets.
- The installed capacity of gas-fired plants in China increased from 26 GW in 2010 to 90 GW in 2019. Although as of 2019, gas-fired power plants made up only 4.5% of total generation capacity and around 10% of total thermal capacity, the policy framework put in place in China's 14th Five-Year Plan will likely become more supportive for gas in power, as the government looks to limit coal consumption, in line with its goal of reducing emissions before 2030.
- Moreover, in April 2020, MHPS received an order from China's Baotou Steel for Two Blast Furnace Gas-fired Gas Turbine Combined Cycle (GTCC) Power Generating Units.
- India is also investing in its refinery and petrochemical business. Hence, with the increasing trend, several foreign companies are investing in Indian refineries. The country's refining capacity has witnessed a gradual growth in recent years and is expected to follow a similar trend during the forecast period too
- Therefore, owing to the above points, Asia-Pacific is expected to dominate the market during the forecast period.
Turbine Air Filtration Industry Overview
The turbine air filtration market is moderately fragmented. Some of the key players are Graver Technologies LLC, Camfil AB, MANN+ HUMMEL GmbH, Donaldson Company Inc., and Nordic Air Filtration A/S among others.
Turbine Air Filtration Market Leaders
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Camfil AB
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Donaldson Company Inc.
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Nordic Air Filtration A/S
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MANN+ HUMMEL GmbH
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Graver Technologies LLC
*Disclaimer: Major Players sorted in no particular order
Turbine Air Filtration Market News
- In June 2021, Camfil Group announced the expansion of its state-of-the-art technical research center in Trosa, Sweden, which is expected to be completed by the end of 2021.
- In May 2021, the Gas Turbine Filtration Division of Parker Hannifin launched ASSURE- a new line of filters for high-performance gas turbines.
- In March 2021, Transcontinental Gas Pipeline Company (Transco) filed an application with the Federal Energy Regulatory Commission (FERC) seeking federal approval to construct, install, modify, operate, and maintain its Regional Energy Access Expansion (REAE) project to expand its current network in the Eastern United States.
Turbine Air Filtration Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Scope of the Study
- 1.2 Market Definition
- 1.3 Study Assumptions
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET OVERVIEW
- 4.1 Introduction
- 4.2 Market Size and Demand Forecast in USD billion, till 2027
- 4.3 Recent Trends and Developments
- 4.4 Government Policies and Regulations
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4.5 Market Dynamics
- 4.5.1 Drivers
- 4.5.2 Restraints
- 4.6 Supply Chain Analysis
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4.7 Porter's Five Forces Analysis
- 4.7.1 Bargaining Power of Suppliers
- 4.7.2 Bargaining Power of Consumers
- 4.7.3 Threat of New Entrants
- 4.7.4 Threat of Substitutes Products and Services
- 4.7.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 Application
- 5.1.1 Power Generation
- 5.1.2 Oil and Gas
- 5.1.3 Others
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5.2 Face Velocity
- 5.2.1 Low Velocity
- 5.2.2 Medium Velocity
- 5.2.3 High Velocity
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5.3 Geography
- 5.3.1 North America
- 5.3.2 Europe
- 5.3.3 Asia-Pacific
- 5.3.4 South America
- 5.3.5 Middle-East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Strategies Adopted by Leading Players
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6.3 Company Profiles
- 6.3.1 Daikin Industries Ltd
- 6.3.2 Camfil AB
- 6.3.3 Graver Technologies LLC
- 6.3.4 Parker Hannifin Corporation
- 6.3.5 Donaldson Company Inc.
- 6.3.6 Advanced Filtration Concepts
- 6.3.7 Koch Filter Corporation
- 6.3.8 MANN+ HUMMEL GmbH
- 6.3.9 Nordic Air Filtration A/S
- 6.3.10 Freudenberg Filtration Technologies SE & Co. KG
- 6.3.11 W. L. Gore & Associates Inc.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityTurbine Air Filtration Industry Segmentation
The turbine air filtration market report includes:
| Application | Power Generation |
| Oil and Gas | |
| Others | |
| Face Velocity | Low Velocity |
| Medium Velocity | |
| High Velocity | |
| Geography | North America |
| Europe | |
| Asia-Pacific | |
| South America | |
| Middle-East and Africa |
Turbine Air Filtration Market Research FAQs
What is the current Turbine Air Filtration Market size?
The Turbine Air Filtration Market is projected to register a CAGR of 3.27% during the forecast period (2024-2029)
Who are the key players in Turbine Air Filtration Market?
Camfil AB, Donaldson Company Inc., Nordic Air Filtration A/S, MANN+ HUMMEL GmbH and Graver Technologies LLC are the major companies operating in the Turbine Air Filtration Market.
Which is the fastest growing region in Turbine Air Filtration Market?
South America is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Turbine Air Filtration Market?
In 2024, the Asia Pacific accounts for the largest market share in Turbine Air Filtration Market.
What years does this Turbine Air Filtration Market cover?
The report covers the Turbine Air Filtration Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Turbine Air Filtration Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Turbine Air Filtration Industry Report
Statistics for the 2024 Turbine Air Filtration market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Turbine Air Filtration analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
