Press release
Nonwoven Air Conditioning Filter market | Prominent players Donaldson Company, 3M Company, Koch Filter, Filtration Group Corporation, Freudenberg Group, American Air Filter Company, Camfil AB
Nonwoven Air Conditioning Filter Market
This report provides an exhaustive account of the industry including:
• Nonwoven Air Conditioning Filter market size, historical from 2015 to 2019 and annual forecast from 2020 to 2026
• Major Nonwoven Air Conditioning Filter industry trends, technology evolution, economic indicators and business challenges
• Regulatory and geopolitical trends impacting the industry
• Business drivers and pitfalls impacting key regional markets
• Competitive landscape of the industry and detailed profiles on the major companies
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Nonwoven air conditioning filter market is likely to exhibit promising gains over the forecast period driven by the growing demand for installation of HVAC systems and replacement of conventional air conditioning system. The presence of stringent government regulations is also projected to drive the market demand during the review period.
The global nonwoven air conditioning filter market is likely to expand owing to rising airborne diseases caused by hazardous substances present in the environment. Furthermore, growing adoption of these filters in HVAC systems in residential and commercial infrastructure healthcare, and automobile industries among others is likely to further surge the market demand.
The global nonwoven AC filter market is a lucrative market with various companies investing in research and development activities. For instance, 3M launched a Bluetooth enabled HVAC filter for generating information pertaining to filter maintenance.
These growing R&D expenses is likely to open new opportunities in the market during the assessment period. However, nonwoven AC filters are costlier as compared to other filters which is anticipated to be a major factor restraining the market growth.
By Technology
-HEPA
-Electrostatic
-Activated Carbon
-Others (pleated)
By End-use industry
-Building and Construction
-Automotive
-Electronics and Semiconductors
-Automotive
-Pharmaceutical
-Others
Based on end-use industry, the building and construction is anticipated to generate the highest revenue gains during the forecast period. The increasing consumption of HVAC systems coupled with the rising concern over indoor air quality are the major factors attributing to nonwoven air conditioning filter market growth.
Asia Pacific is a leading market of nonwoven AC filters, followed by North America and Europe. The rising awareness about the increase in risk of airborne diseases across the globe has fuelled the demand for HVAC systems.
The improved economic conditions, expanding building and construction activities and rising global warming are the factors that has majorly impacted the nonwoven air conditioning filter market in Asia Pacific.
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Prominent players in the Nonwoven Air Conditioning Filter market includes, Donaldson Company, 3M Company, Koch Filter, Filtration Group Corporation, Freudenberg Group, American Air Filter Company, Camfil AB, Ahlstrom-Munksj, Parker Hannifin Corporation, MANN+HUMMEL, General Motors Company.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Global Market Insights, Inc.
Phone:1-302-846-7766
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