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Air Filters Market to Reach $22.15 Billion by 2028; Increasing Focus on Construction of Green Building to Stimulate Growth

June 09, 2021 | Machinery & Equipment

The global air filters market size is expected to gain momentum by reaching USD 22.15 billion by 2028. This information is published by Fortune Business Insights in its report, titled “Air Filters Market Size, Share & COVID-19 Impact Analysis, By Type (Cartridge Filters, Dust Collectors, HEPA Filters, Baghouse Filters, and Others), By End-User (Residential, Commercial and Industrial), and Regional Forecast, 2021-2028.” The report further mentions that the market stood at USD 12.89 billion in 2020 and is projected to exhibit a CAGR of 7.1% between 2021 and 2028.


Donaldson’s Integration of Wireless Filter System in Geotab’s Fleet Management Platform to Brighten its Market Prospects


In October 2019, Donaldson Company, Inc. announced the integration of its wireless Filter Minder monitoring system for several truck air filters into the fleet management system of Geotab. The company informs that the technology efficiently monitors the condition of the air filters in the trucks. Besides, the integration will ensure fleet managers have complete visibility status on their engine air filtration system. This is expected to save costs on filtration maintenance. The wireless system further provides real-time data on the status of the filters and aids in improving fuel efficiency and overall truck uptime.


To get a detailed report summary and research scope of this market, click here:


https://www.fortunebusinessinsights.com/industry-reports/air-filters-market-101676


Increasing Focus on Construction of Green Building to Aid Growth


According to the World Green Building Council, countries like Australia and Ireland are majorly focusing on green buildings. Besides, the other enraging countries emphasize adopting green solutions to ensure the reduction of air pollution. The growing adoption of energy-efficient air purifying products globally is anticipated to favor the adoption of the product during the forecast period. Moreover, the surging adoption of reusable products to prevent microbial growth and provide high indoor air quality is expected to contribute to the global market growth during the forecast period.


Product Launch by Major Companies to Amplify Their Market Prospects


The market is consolidated by the presence of major companies striving to maintain their presence by developing innovative air filters to cater to the growing need of several industrial applications. Moreover, other key players are adopting organic and inorganic strategies to gain a competitive edge over their rivals in the highly competitive global marketplace.


Industry Development:



  • July 2019 - MANN+HUMMEL announced the launch of Aircube Eco 4V ePM1. The product is a 60% compact air filter adopted for ventilation and air conditioning systems in buildings and other processes. Moreover, the company reports that the filter is ISO 16890 Standard verified with an A+ energy rating.


List of the Companies Profiled in the Market:



  • Daikin Industries, Ltd. (Osaka, Japan)

  • Camfil (Stockholm, Sweden)

  • Mann+Hummel (Ludwigsburg, Germany)

  • PARKER HANNIFIN CORP (CLEVELAND, United States)

  • American Air Filter Company, Inc. (Kentucky, United States)

  • Be Cummins, Inc. (Columbus, United States)

  • Donaldson Company, Inc. (Bloomington, United States)

  • Wetzel Technologies (Weinheim, Germany)

  • SPX Corporation (Charlotte, United States)

  • MayAir Group (Semenyih, Malaysia)

  • Airventfil Pty (Ltd) (Alberton, South Africa)

  • Absolent Group AB (publ) (Lidköping, Sweden)

  • Lydall Gutsche GmbH & Co. Kg (Fulda, Germany)

  • Purafil, Inc. (Doraville, United States)

  • Freudenberg Filtration Technologies SE & Co. KG (Weinheim, Germany)

  • V&T Group BV (Numansdorp, Nederland)

  • HEPA Corporation (Anaheim, United States)

  • DuPont (Wilmington, United States)

  • Fildex Filters Canada (Vancouver, Canada)

  • Excellect Filter Factory (Riyadh, Saudi Arabia)


Further Report Findings:



  • North America is expected to dominate and hold the largest global air filters market share during the forecast period. This dominance is owing to the rising automotive sector in countries such as the U.S. Moreover, the presence of stringent regulations to control air pollution from the manufacturing industries is expected to propel the demand for the product in the region. North America stood at USD 4.34 billion in 2020.

  • The market in Asia-Pacific is expected to experience considerable growth backed by the increasing focus of the manufacturers to develop innovative filters to ensure optimum air quality. Additionally, rapid-paced industrialization and urbanization is likely to boost the product’s demand in the region between 2021 and 2028.

  • Based on type, the HEPA filters segment is expected to showcase exponential growth during the forecast period. This is ascribable to the increasing demand for such filters in several industrial applications due to their efficacy in removing harmful airborne particles.


Table of Segmentation














































  ATTRIBUTE



  DETAILS



Study Period



  2017 – 2028



Base Year



  2020



Forecast Period



  2021 – 2028



Historical Period



  2017 – 2019



Unit



  Value (USD Billion)



Segmentation



  By Type, End-Users, and Region



By Type




  • Cartridge Filters

  • Dust Collector

  • HEPA Filters

  • Baghouse Filters

  • Others (Mist Filters, and others.)



By End-Users




  • Residential

  • Commercial

  • Industrial

    • Automotive

    • Chemical

    • Gas Turbines

    • Semiconductors

    • Pharmaceuticals

    • Healthcare

    • Others (Food & Beverage, and others.)





By Region




  • North America (By Type, End-Users, and Country)

    • U.S. (By Type)

    • Canada (By Type)



  • Europe (By Type, End-Users, and Country)

    • The U.K. (By Type)

    • Germany (By Type)

    • France (By Type)

    • Rest of Europe



  • Asia Pacific (By Type, End-User, and Country)

    • China (By Type)

    • India (By Type)

    • Japan (By Type)

    • Southeast Asia (By Type)

    • Rest of Asia Pacific



  • The Middle East and Africa (By Type, End-Users, and Country)

    • South Africa (By Type)

    • GCC (By Type)

    • The Rest of the Middle East and Africa



  • Latin America (By Type, End-Users, and Country)

    • Brazil (By Type)

    • Mexico (By Type)

    • Rest of Latin America




Air Filters Market
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  • 2020
  • 2017-2019
  • 120

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