Global Air Filters and Filtration Equipment Market Report 2022: Amidst COVID-19 crisis, the market is estimated at USD 9.3 billion in 2020 and is expected to reach a revised value of USD 11.2 billion dollars by 2026 – ResearchAndMarkets.com


DUBLIN–(BUSINESS WIRE)–The “Air Filters and Filtration Equipment – Global Market Trajectory and Analysis” report has been added to from ResearchAndMarkets.com offer.

Global Air Filters and Filtration Equipment Market to Reach $11.2 Billion by 2026

Amid the COVID-19 crisis, the global air filters and filtration equipment market, estimated at US$9.3 billion in 2020, is expected to reach a revised size of US$11.2 billion from by 2026, growing at a CAGR of 3.3% over the analysis. period.

Air filters and filtration equipment are technological solutions specifically designed to remove airborne contaminants such as dust particles, odors, molds, gases and other toxic pollutants from surrounding environments. With applications in diverse end-use industries ranging from consumer, industrial, manufacturing, commercial and automotive sectors, the air filters and filtration equipment market is extremely influenced by changes in government regulations and actions taken by green environmental groups to alleviate environmental concerns and problems.

Mechanical filters, one of the segments analyzed in the report, is expected to grow at a CAGR of 3.3% to reach US$9.3 billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the economic crisis it induces, the growth of the Gaseous Phase Filters segment is readjusted at a revised CAGR of 2.9% for the next 7-year period. This segment currently accounts for a 10.9% share of the global market for air filters and filtration equipment.

The US market is estimated at $2.5 billion in 2021, while China is expected to reach $2.1 billion by 2026

The air filters and filtration equipment market in the United States is estimated to be worth US$2.5 billion in 2021. The country currently accounts for a 27.07% share of the global market. China, the world’s second largest economy, is expected to reach an estimated market size of US$2.1 billion in 2026 growing at a CAGR of 5.2% over the analysis period.

Other notable GeoMarkets include Japan and Canada, each predicting growth of 2% and 2.6% respectively over the 2020-2027 period. In Europe, Germany is expected to grow at a CAGR of around 2.5%, while the rest of the European market (as defined in the study) will reach US$2.3 billion by the end of the year. analysis period.

Growing media attention to poor air quality, health issues and outbreaks of disease outbreaks, and of course the current pandemic, have been instrumental in raising consumer awareness and strongly underline the importance of inhaled air quality in industrial and commercial buildings, homes and schools.

The increasing scale of air pollution and its impact on ecology and human health has prompted governments around the world to take initiatives to control air pollution levels. Developments in nanotechnology as well as the development of new filtration technologies in response to the continued pressure to meet increasingly stringent environmental standards will positively influence the market outlook in the near term.

Stricter air emissions standards put in place by global environmental agencies for the automotive industry, which ranks as a key polluter prompting regulators to tighten emissions laws in this industry, and the resumption of global automotive production are poised to benefit the automotive air filter market in the coming years.

Electronic Filter Segment to Reach $1 Billion by 2026

In the global electronic filters segment, the United States, Canada, Japan, China and Europe will drive the estimated CAGR of 3.4% for this segment. These regional markets representing a combined market size of US$629.8 million in 2020 will reach a projected size of US$797 million by the end of the analysis period.

MARKET TRENDS AND DRIVERS

  • Alarming increase in air pollution levels worldwide and urgent need to improve air quality: foundation for market growth

  • Main indoor pollutants and their impact on health: brief details on the pollutant, the source and the impact on health

  • Air pollution levels (PM10 ug/m3) for major countries in the world

  • Rising incidence of asthma and airborne allergies provides the perfect platform for market expansion

  • WHO Key Facts on Asthma

  • Asthma Facts Around the World from the American Academy of Allergy Asthma & Immunology (AAAAI)

  • The growing emphasis on maintaining ambient indoor air quality bodes well

  • Industrial sector: the largest revenue contributor

  • Growing focus on air quality in commercial environments supports revenue growth

  • Residential buildings: the new vertical growth

  • Whole house air purification systems collect vapor

  • HVAC Air Filters Are Gaining Traction Amid Rising Infrastructure Spending and Growing Air Conditioning Unit Deployments

  • Infrastructure projects on growth trajectory around the world

  • A Note on the Current State of the Air Conditioner Industry

  • Growing Importance of Cleaner Air in Improving Vehicle Performance Drives Demand for Automotive Air Filters

  • Stable Automotive Production Fuels Growth Opportunities in OEM Market

  • Aging vehicles and increasing passenger car density signal opportunities in the aftermarket

  • Cabin air filters offer lucrative growth opportunities for automotive air filters

  • Continuing Need to Prevent Uncontrolled Air Contamination in Food and Beverage Processing Plants Drives Outlook

  • Robust power generation activity benefits demand for gas turbine inlet air filters

  • Coalescer/pre-filters and EPA filters: major components of gas turbine inlet filter design

  • The Relevance of Air Quality in Nuclear Power Plants Bodes Well

  • Extension of cleanroom applications requiring acute air quality control

  • Steady growth in the manufacturing of electrical and electronic products is driving the market demand

  • New opportunities in the healthcare sector

  • Paper Filters Market Grows Amid Growing Competition From Nonwoven Fabric Backings

  • The fabric filter market is driven by strict particulate matter (PM) emission standards

  • Cloth filter media to take over paper filters

  • Electrostatic Air Filters: Multiple Benefits Driving Healthy Demand Growth

  • Washable and reusable air filters are gaining in importance

  • Cartridge air filters: a new filter medium is emerging to stimulate demand

  • Technological advancements and innovations are driving demand for air filtration equipment

  • Advancements in filter media improve the overall capabilities of air filtration equipment

  • Synteq(R) filter media and PowerCore(R) dust collection technology

  • NanoWave (TM): A synthetic alternative to glass

  • Membrane-based air filtration media: a promising development

  • Nanofiber technology revolutionizes filter and component development

  • Nylon nanofiber fabric for filters

  • A review of some recent innovations in air filtration equipment

  • EXALIFE and VarioPleat for commercial vehicles with space constraints

  • The HVAC Load Reduction (HLR) solution

  • UD+ Coalescing Compressed Air Filters

  • HemiPleat (R) FR carbon dust collector with conductive and flame retardant characteristics

  • Capaceon(TM) and Nanoweb(R) for finer separation with reduced power consumption

  • OptiAir(TM) and Fleetguard Direct Flow technologies

  • Double filtration system to filter formaldehyde

  • Ford’s new auto air filter to remove 99% of pollen, odor and gas pollution

  • Regulatory environment paves the way for wider adoption of air filtration equipment

  • Occupational Safety and Health Administration (OSHA)

  • ASHRAE IAQ Standards

  • Laws for the improvement of IAQ in schools

  • IAQ Improvement Criteria

  • Types of contaminants found in indoor air and their acceptable levels

  • ENERGY STAR Interior Air Package

  • Note on filtration efficiency measurement standards

  • Favorable demographic and socio-economic trends bolster the market outlook

  • Growing population and urban sprawl

  • Aging population: an important demographic factor

  • Increase in standard of living and disposable income

  • Growing affluence of growing middle class segment

  • Solving current problems and challenges: essential for future market success

  • Fierce competition from existing air cleaning technologies

  • Various air purification technologies and their limitations

  • Need for improved capabilities to capture nano-sized particles

FOCUS ON SELECT PLAYERS (Total 197 Featured)

  • 3M Company

  • ALFilter

  • AAF International

  • Aerospace America Inc.

  • Ahlstrom-Munksjo Oyj

  • Airex Filter Corporation

  • AIRTECH Japan Ltd.

  • Atlas-Copco

  • Blueair AB

  • Bruce Air Filter Company

  • Camfil Group

  • Clarcor Air Filtration Products Inc.

  • Clarcor Industrial Air

  • Cummins filtration

  • Cummins inc.

  • delta filtration

  • Donaldson Co. Inc.

  • Filtration Group Inc.

  • Filtration Systems Products Inc.

  • Freudenberg Filtration Technologies

  • Freudenberg Group

  • GVS Group

  • Koch Filter Company

  • Lydal Inc.

  • Nordic Air Filtration A/S

  • Purafil Inc.

  • Sogefi SpA

  • Spectrum Filtration Pvt. ltd.

  • Trion inc.

For more information about this report visit https://www.researchandmarkets.com/r/3ie95y

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