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.
the latest market intelligence report, titled ‘Global HVAC Filters Market’, is intended to provide the target audience with the necessary information about the global HVAC Filters Market industry. The report comprises a detailed analysis of the vital elements of the HVAC Filters Market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. 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 market growth rate over the projected timeline.
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Covid 19 analysis:
The current COVID-19 pandemic is expected to have an effect on the growth of the HVAC Filters Market industry majorly attributable to the movement restrictions and impact on the supply and demand due to the lockdowns. The COVID-19 pandemic has affected several sectors of the global market, and the HVAC Filters Market sector is expected to feel the impact of the pandemic. The economic slowdown and dynamic changes in the demands will further affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall HVAC Filters Market industry.
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.
Key players in the market include :
Camfil, 3M Company, Mann+Hummel, Parker-Hannifin Corporation, American Air Filter Company, Inc., Ahlstrom-Munksjö, Donaldson Company, Filtration Group Corporation, Sogefi Group, and Freudenberg Group
Summary of the key points of the report:
Company Profiles: This component of the report depicts the company profiles of the leading players participating in the HVAC Filters Market industry. The market value & volume, production capacity, product portfolios, and other vital aspects of these players have been assessed in this report.
Report Overview: This section provides data and information pertaining to the key market manufacturers, their product offerings, historical and future timelines considered, and market scope. It further highlights the principal market segments, including product types, application gamut, end-user industries, and regional analysis.
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Emergen Research has segmented the global HVAC filters market in terms of technology, material, end-user, and region:
Technology Outlook (Revenue, USD Billion; 2017–2027)
Others (Ionic Filtration and UV Filtration)
Material Outlook (Revenue, USD Billion; 2017–2027)
End-user Outlook (Revenue, USD Billion; 2017–2027)
Building & Construction
Food & Beverage
Comprehensive Regional Analysis Covers the Following Regions:
North America (U.S., Canada, Mexico)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Objectives of the Global HVAC Filters Market Study:
An in-depth study of the evolving market sectors and the growth & penetration status of the global HVAC Filters Market.
COVID-19 Impact Analysis to highlight the major opportunities and challenges
Strategic recommendations to help readers formulate lucrative business strategies
Identification of the emerging players and their tactical approaches to expand market presence
An extensive study of the product portfolios of the major market players and their regional presence
A closer look at the strategic initiatives undertaken by the leading companies across this industry, including mergers & acquisitions, collaborations, partnerships, and joint ventures
Key questions addressed in the report:
What is the projected growth rate likely to be witnessed by each market region?
Which of the leading HVAC Filters Market regions accounts for the maximum market share over the forecast years?
What sales estimates every region is expected to hold in the HVAC Filters Market in the near future?
What is each regional segment’s current valuation?
What are the estimated remunerations of these regions over the forecast timeline?
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. HVAC Filters Market Segmentation & Impact Analysis
4.1. HVAC Filters Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
188.8.131.52. Increasing need to improve home air quality
184.108.40.206. Rising demand for HVAC systems
4.2.3. Market restraints analysis
220.127.116.11. High installation cost of HVAC Filters
18.104.22.168. Need for regular maintenance of the HVAC filters
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. HVAC Filters Market By Technology Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
5.1. Technology Dynamics & Market Share, 2019 & 2027
5.1.1. Electrostatic Precipitators
5.1.3. Activated Carbon
5.1.4. Others (ionic filtration and UV filtration)
Chapter 6. HVAC Filters Market By Material Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
6.1. Material Dynamics & Market Share, 2019 & 2027
6.1.4. Synthetic Polymer
Chapter 7. HVAC Filters Market By End-users Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
7.1. End-users Dynamics & Market Share, 2019 & 2027
7.1.3. Building & Construction
7.1.4. Food & Beverage
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