Global Air Filter Market Projected to Reach USD 22.19 Billion By 2026

16-Jun-2021 | Facts and Factors

We at Facts & Factors have recently published an analytical and comprehensive outlook market study titled “Global Air Filter Market”. We estimate that the Global Air Filter Market will be valued at an estimated projection of USD 22.19 Billion by 2026 from an initial value of USD 13.3 Billion in the year 2020 with growth at a CAGR of about 7.5% during the forecast period 2021-2026.

Air filters are equipment designed to absorb or eliminate impurities in the air by means of porous or fibrous materials in their composition. The advanced models of air filters can even improve odor and filter gaseous pollutants of volatile nature. The driving factors behind the growth of the air filter market can be credited to the rising automotive sector, stringent emission-based regulations, rising health concerns, and rising demand for better quality indoor air. With the advent of COVID-19 and other disorders that stem from air-borne transmissions, the market of air filters is expected to witness growth beyond its regular horizon.

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Browse in the full report “Air Filter Market By Type (Cartridge Filters, Dust Collector, HEPA Filters, Baghouse Filters, & Others), By End-User (Residential, Commercial, & Industrial), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast, 2021 - 2026” at https://www.fnfresearch.com/air-filter-market

Increasing demands for HVAC systems coupled with rising public demands for better hygiene and increasing awareness about IAQ will open new revenue opportunities for the global air filter market over the forecast timeframe. Advancements in technology have given rise to improved filtration techniques such as biofiltration. This allows manufacturers and vendors to appeal to a wider range of consumers. Furthermore, rising demand for the installation of indoor filters and the booming automobile sector will further boost the growth of the global air filter market to a larger footprint.

Market Dynamics

Here are some noteworthy developments in the air filter sectors that can affect the market perspective during the forecast:

  • Camfil and CYY SYSTEM AB signed an MOU in order to utilize Camfil’s air filtration system for the aviation and aircraft sector in order to provide a better quality of cabin air quality.
  • MANN+HUMMEL recently launched the ‘Aircube 4v ePM1 60% compact air filter’ for HVAC systems in residential and commercial buildings. The filter has recently been granted the A+ energy rating as per EUROVENT ISO 16890 standards.

On the basis of type, the global air filter market can be broken down into cartridge filters, dust collectors, HEPA filters, baghouse filters, and others. The other segment can be further broken down into mist filters, and others. HEPA filters are expected to occupy the largest market share during the forecast due to their almost perfect efficiency filtration system. Moreover, they enjoy a higher application base in the residential, commercial, and healthcare sectors due to their attractive properties. Dust collectors will witness the fastest growing CAGR during the forecast.

On the basis of end-users, the global air filter market can be divided into residential, commercial, and industrial. The industrial segment can be further broken down into automotive, chemical, gas turbines, semiconductors, healthcare, pharmaceuticals, food & beverage, and others. The industrial segment is expected to occupy the largest market share in the sector owing to the rise of manufacturing processes and the ability of filters to provide a microbiological and molecular-free zone. The automobile sector will occupy the largest market share when analyzed further.

North America Is Expected To Hold The Largest Market Share During the Forecast Period

North America is expected to witness the largest market share during the forecast in terms of global revenue contribution. The region is expected to dominate the projected forecast duration due to rising government initiatives in order to curb air pollution and the rising automobile industry. Asia-Pacific is expected to witness the fastest growing CAGR during the forecast for similar reasons.

Report Scope

Report Attribute

Details

Market Size in 2020

USD 13.3 Billion

Projected Market Size in 2026

USD 22.19 Billion

CAGR Growth Rate

7.5% CAGR

Base Year

2020

Forecast Years

2021-2026

Key Market Players

Daikin Industries Ltd., Camfil, Mann+Hummel, PARKER HANNIFIN CORP, American Air Filter Company, Inc., Be Cummins, Inc., Donaldson Company, Inc., Wetzel Technologies, SPX Corporation, MayAir Group, Airventil Pvt Ltd., Absolent Group AB, V&T Group BV, HEPA Corporation, DuPont, and Fildex Filters, and Others

Key Segment

By Type, End-User, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Purchase Options

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Top Market Companies

The key participants in the global air filter market are Wetzel Technologies, SPX Corporation, MayAir Group, Airventil Pvt Ltd., Absolent Group AB, V&T Group BV, HEPA Corporation, DuPont, and Fildex Filters, among others.

The global air filter market can be segmented into:

Global Air Filter Market: By Type Segment Analysis

  • Cartridge Filters
  • Dust Collector
  • HEPA Filters
  • Baghouse Filters
  • Others

Global Air Filter Market: By End-User Segment Analysis

  • Residential
  • Commercial
  • Industrial
    • Automotive
    • Chemical
    • Gas Turbines
    • Semi-Conductors
    • Healthcare
    • Pharmaceuticals
    • Food & Beverage
    • Others

Global Air Filter Market: By Regional Segment Analysis

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • France
    • Germany
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of MEA

About Us:
Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

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