TechNavio recognizes the following companies as the key players in the Global Air Filter Market: American Air Filter Co. Inc., Camfil AB, Clarcor Inc., and Donaldson Co. Inc.
Commenting on the report, an analyst from TechNavio’s team said: “The Global Air Filter market is expected to grow at a steady rate during the forecast period. The market is highly fragmented with the presence of many international and local vendors. In addition, the major players are trying to increase their market share. Therefore, a number of mergers and acquisitions and strategic alliances are expected to take place in the market during the forecast period. Both large vendors and emerging contenders in the market are looking for mergers and acquisitions to enhance their market presence. The market players are developing alliances with regional, small, and large companies as a way to increase their market share. This helps them enhance their distribution channels and improve their market reach.”
According to the report, the increasing demand from the APAC region is one of the major drivers of the market. The construction of new semiconductor, flat panel display, and other electronics manufacturing facilities drives the demand for air filters in the APAC region.
Further, the report states that the threat of rivalry is one of the major challenges in the market. The presence of several prominent local and international vendors increases the competition among the vendors present in the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-air-filter-market-2014-2018
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/engineering-and-automation
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TechNavio Announces the Publication of its Research Report -Global Air Filter Market 2014-2018
