The new report titled ‘Global HVAC Filters Market’, published by Emergen Research, is methodically curated by our team of analysts, keeping readers’ understanding in mind, and includes a wide-ranging database of industry distribution. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the HVAC Filters market dynamics that helps market analysts estimate the global HVAC Filters market growth rate over the projected timeline. Therefore, the report, published by Emergen Research, is a detail-oriented compilation of the crucial aspects of the HVAC Filters market, including the key players’ product offerings, the wide application range of these products, the major market segments, leading market contenders, their company profiles, pricing strategies, production capacities, revenue generation schemes, technological advancements, and many others.
High-efficiency particulate air (HEPA) filters are increasingly utilized in residential and commercial sectors, as they can easily trap airborne particles such as dust, mites, mold spores, pollen, and pet dander, in the air inside homes. Smokers, pet owners, asthma sufferers, and new-generation parents are increasingly adopting HEPA filters, as they can remove even the tiniest airborne particles.
The global Heating, ventilation, and air conditioning (HVAC) filters market is likely to reach value of USD 7.89 Billion by 2027, according to a current analysis by Emergen Research. This growth of the market can be attributed to the increasing awareness among people regarding deterioration of indoor air quality. Moreover, the rising need to reduce excessive dirt and debris built up in HVAC systems causing early system failure and expensive repairs is also boosting the demand for HVAC filters. Increasing research and development activities for production of high-efficiency HVAC filters, which can reduce allergens and dust, are also augmenting the market for HVAC filters.
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Global HVAC Filters Market Highlights:
- Regional demand estimation and forecast
- Product Mix Matrix
- R&D Analysis
- Cost-Benefit Analysis
- Pre-commodity pricing volatility
- Supply chain optimization analysis
- Technological updates analysis
- Raw Material Sourcing Strategy
- Competitive Analysis
- Mergers & Acquisitions
- Location Quotients Analysis
- Carbon Footprint Analysis
- Patent Analysis
- Vendor Management
Competitive Landscape:
The latest study provides an insightful analysis of the broad competitive landscape of the global HVAC Filters market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global HVAC Filters market and pinpoint the fundamental growth trends.
Key Parameters Analyzed in This Section:
- Company Profiles
- Gross Revenue
- Profit margins
- Product sales trends
- Product pricing
- Industry Analysis
- Sales & distribution channels
Regional Segmentation:
- North America
- Latin America
- Europe
- Middle East & Africa
- Asia Pacific
Key Points Covered in This Section:
- Regional contribution
- Estimated revenue generation
- Vital data and information about the consumption rate in all the leading regional segments
- An expected rise in market share
- Forecast growth in the overall consumption rate
Key Companies Profiled in the Report are:
Camfil, 3M Company, Mann+Hummel, Parker-Hannifin Corporation, American Air Filter Company, Inc., Ahlstrom-Munksjö, Donaldson Company, Filtration Group Corporation, Sogefi Group, Freudenberg Group
Segments Covered in this report are:
-
Technology Outlook (Volume: kilo Tons) (Revenue, USD Billion; 2017–2027)
- Electrostatic Precipitators
- HEPA
- Activated Carbon
- Others (Ionic Filtration and UV Filtration)
-
Material Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017–2027)
- Carbon
- Fiberglass
- Metal
- Synthetic Polymer
-
End-user Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017–2027)
- Pharmaceutical
- Automotive
- Building & Construction
- Food & Beverage
- Others
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Key Highlights of Report
- In April 2020, Camfil Svenska AB, an air filter company, announced that the company had acquired Resema AB, its fellow Sweden-based filter company, and Resema A/S, its Denmark-based sister company. The acquisition is expected to strengthen the company’s position in the air filtration industry in the Nordic region.
- The HEPA segment held the largest market share of 49.9% in 2019. Increasing prevalence of asthma among people is driving the demand for HEPA air purifiers, as they remove common household allergens such as mite feces, mold spores, and household dust particles.
- The synthetic polymer segment is anticipated to expand at the most rapid CAGR of 5.8% during the forecast period. High mechanical resistance of synthetic polymers reduces the chances of contamination of filtered air by fibers or gases coming from the filter material itself. This factor is driving the segment.
- The building & construction segment accounted for the largest share of the HVAC filters market in 2019. New residential construction projects have increased the adoption of HVAC systems and air filters.
- The Asia Pacific region accounted for the largest share of the global HVAC filters market in 2019. Increasing infrastructure development activities in residential and commercial sectors in the region have driven the demand for HVAC filters in Asia Pacific.
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