HEPA Filters Market Size to Reach USD 4,391.5 Million by 2026; Increasing Applications in Hospitals to Provide Impetus for Growth

The global high-efficiency particulate air (HEPA) filter market will benefit from growing industrial applications of the product. According to a report published by Fortune Business Insights, titled “High-Efficiency Particulate Air Filter (HEPA) Market Size, Share & Industry Analysis, By Application (Air Purifiers, HVAC Filters, Cleanroom Filters, Automotive Filters and Gas Turbine Filters), By End-User (Household, Commercial & Industrial) and Regional Forecast, 2019-2026,” the market was valued at USD 2,484.4 million in 2018 is projected to reach USD 4,391.5 million by 2026, exhibiting a CAGR of 7.4% during the forecast period.

High-efficiency particulate air (HEPA) filters are used in industrial applications as cabin filters, turbine filters, air conditioning filters, cleanroom filters, and several others. The growing industrialization has in turn, created a high demand for these products across the world. The advancements in product designs such as filtration systems and the ability to trap and block particles of the size of a few microns are a few of the leading factors that have led to the high demand for the high-efficiency particulate air filters in recent years.

Increasing Adoption of HEPA filters at Public Places to Fuel Demand

The ability of HEPA filters to trap small particles the improved product designs and efficiency has led to high adoption of the products across diverse industries. Encouraged by the exceptional advancements in product designs and their ability to function efficiently at large spaces, these products are being used at public places such as bus shelters, parks, and other places where public gatherings are regular.

In May 2019, Camfil launched a new air filter system that was used in bus shelters across Sweden. The growing applications will account for a high demand for product, which in turn will constitute an increase in the global HEPA filters market size in the coming years. The report encompasses several factors that have contributed to the increasing product demand and subsequent market growth.

HVAC Systems to Witness Huge Demand in the Coming Years

Among all applications of HEPA filters, the HVAC segment is likely to witness the highest demand in the coming years. HVAC filters carry out functions such as heating and cooling for residential and commercial places. They possess the ability to dilute air pollutants and volatile organic compounds (VOCs) that are released from the chemicals and automobiles.

HVAC filters are also used in hospitals to filter airborne contaminants for the safety of patients. As patients are more prone to suffering from these harmful pollutants, there is a severe need to purify the contaminated air in these places. This, in turn, will lead to an increase in the demand for HVAC systems. As a result, the HVAC segment will witness the highest CAGR in the coming years.

Some of the leading companies that are operating in the global HEPA filters market are:

• American Air Filter Company, Inc.
• Camfil
• W. L. Gore & Associates, Inc. Oracle
• APC Filtration
• Parker-Hannifin Corporation
• Freudenberg
• Donaldson Company
• MayAir Group
• Mann+Hummel Group
• Koch Filter

Browse Complete Report Details: https://www.fortunebusinessinsights.com/industry-reports/high-efficiency-particulate-air-hepa-filters-market-101540

The global HEPA filters market is segmented based on: