HVAC Filters Market worth $7.1 billion by 2025 | Key players operating in the market include 3M, Camfil AB, Sogefi Group, GVS Group, Koch Filter
Browse 125 market data Tables and 51 Figures spread through 179 Pages and in-depth TOC on "HVAC Filters Market - Global Forecast to 2025"
Metal filter material consists of metal fibers, which are sinter bonded together to produce a highly porous structure of fixed pore size. The greatest advantage of this type of filter media is that it can be cleaned and re-used. Metal is resistant to chemicals and mechanical wear and has the maximum lifespan. Metal filters are commonly used in the pharmaceutical, food & beverage, building & construction, and livestock industries for ventilation purposes. These metal filters find applications in outside air intake ducts, rooftop economizer hoods, and air handling units.
HEPA technology consists of a filter that forces air through a thin mesh, which traps harmful particles such as pollens, molds, pet dander, bacteria, and dust mite debris to prevent them from entering the ambient environment. HEPA filters have diverse application areas, including residential buildings, pharmaceutical production, food & beverages, and clean rooms in the electronics & semiconductor industry, among others. In the pharmaceutical industry, HEPA filters are installed in the production spaces, which are required to be free from contaminants. These filters also protect patients from infection and employees and visitors from airborne organisms.
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The global HVAC filters market size is projected to grow from USD 5.5 billion in 2020 to USD 7.1 billion by 2025, at a CAGR of 5.1% between 2020 and 2025. The major driving factors of the market include increasing demand for HVAC systems, growing awareness about indoor air quality, and government regulations and polices for efficient filtration.
The key players in the HVAC filters market are 3M Company (US), Parker-Hannifin Corporation (US), Camfil AB (Sweden), Mann+Hummel (Germany), American Air Filter Company, Inc. (US), Donaldson Company, Inc. (US), Ahlstrom-Munksjö (Finland), Filtration Group Corporation (US), Freudenberg Group (Germany), Sogefi Group (Italy), GVS Group (Italy), Spectrum Filtration Pvt. Ltd. (India), Emirates Industrial Filters LLC (UAE), Koch Filter (US), Sandler AG (Germany), Troy Filters Ltd. (US), DHA Filter (US), General Filter Havak (Turkey), Johns Manville (US), and Hollingsworth & Vose (US). These players have adopted various strategies, such as merger & acquisition, investment & expansion, new product launch/development, and partnership, contracts & agreements between 2015 and 2020, to enhance their market shares and expand their global presence.
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American Air Filter Company is the leading manufacturer of air filters across the globe. The company operates as a subsidiary of Daikin Industries Ltd., which is an Osaka, Japan-based global leader in air conditioner manufacturing. It has production, warehousing, and distribution facilities in 22 countries across four continents. American Air Filter Company offers HVAC filters that can remove and regulate airborne particulates and gaseous contaminants. These filters find application in residential, commercial, and industrial buildings.
Camfil AB is a leading player in air filtration products and services. The company operates in four major business areas: air pollution control, filtration solutions, molecular contamination control, and power systems. Its portfolio of products includes general ventilation filters; efficiency particulate air (EPA) filters; high efficiency particulate air (HEPA) & ultra-low particulate air (ULPA) filters; high temperature filters; molecular filters; air cleaners & air purifiers; dust, fume & mist collectors; housings, frames & louvers; turbomachinery filters; and pulse filters. These products serve several industries, such as construction, electronics & optics, food & beverage, energy & power, healthcare, life science, logistics, material processing, transportation, and waste & recycling. The company has sales offices in 30 countries; 6 R&D units in the US, Germany, Malaysia, and China; and 30 manufacturing units across the globe.
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