The Global Sustainable Air Filters Market Report offers extensive knowledge and information about the Sustainable Air Filters Market pertaining to market size, market share, growth influencing factors, opportunities, and current and emerging trends. The report is formulated with the updated and latest information of the global Sustainable Air Filters Market further validated and verified by the industry experts and professionals. The Global Sustainable Air Filters Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Sustainable Air Filters Market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.
Thesustainable air filters marketis expected to reach a market size of 28.25 Billion by 2028 and register a CAGR of 7.1% during the forecast period, according to latest analysis by Emergen Research. The steady projected revenue growth can be attributed to technological advancements in air filters, increasing industrialization and urbanization, and increasingly stringent norms and regulations regarding carbon emissions and air pollution, as well as air quality levels and worker safety at workplace and in industries, which is driving demand for sustainable air filters.
The industrial segment accounted for highest revenue share owing to increasing demand for sustainable air filters for application in manufacturing facilities. More advanced sustainable air filters are used for filtering out of fine dust particulates and contaminants in manufacturing facilities in order to minimize risk of microbiological contamination and health hazards. Air filter companies are increasingly investing in research and development to introduce more advanced and sustainable air filters with major on factors such as Minimum Efficiency Reporting Value (MERV Rating), Dust Holding Capacity (DHC), media quality, average pressure drop, and resistance to air flow. These factors are crucial for achieving sustainability in air filters.
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Regional Overview:
The global Sustainable Air Filters market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East Africa. It evaluates the presence of the global Sustainable Air Filters market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
Competitive Outlook:
The global Sustainable Air Filters market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Sustainable Air Filters market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers acquisitions, new product launches, and joint ventures.
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Key players in the sustainable air filters market are Donaldson Company, Inc., American Air Filter Company, Inc., Absolent Group, Camfil Group, Cummins Inc., Fruedenberg SE, Nippon Muki Co. LTD., MANN+HUMMEL, Koch Filter, NORDIC AIR FILTRATION, and Purafil Inc.
Some Key Highlights in the Report
- In 2018, Germany-based filtration solution company, Mann+Hummel, acquired Hardy Filtration, which is a Canada-based air filtration company to expand its global footprint and manufacturing capabilities.
- In January 2020, Japanese electronics firm, Sharp, expressed its interest to scale up its air purifier business in India to meet rising demand in both consumer as well as B2B spaces.
- The market in Asia Pacific is expected to register a high revenue CAGR over the forecast period due to increasing industrialization and urbanization. Companies in countries such as Japan, India, and China are continuously developing more advanced sustainable air filters and related devices to achieve better air quality levels.
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Emergen Research has segmented the global sustainable air filters market on the basis of product, end-use, and region:
- Product Outlook (Revenue, USD Billion; 20212028)
- HEPA/ULPA Filters
- Pleated Filters
- Baghouse Filters
- Carbon Air Filters
- Fiberglass Filters
- Others
- End-use Outlook (Revenue, USD Billion; 20212028)
- Industrial
- Commercial
- Residential
- Pharmaceutical
Detailed Regional Analysis covers:
- North America (U.S., Canada)
- 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)
ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
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About Emergen Research
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