Press release
Air Filtration Market Size, Forecasts Analysis, Industry Growth, Company Profiles, Global 2022 Industry Share and Key Regions 2027
The Air Filtration Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.The Global Air Filtration Market Size is Projected to Reach at a CAGR of 12% during 2022-2027.
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Market Overview:
The high-efficiency particulate air technology, due to its critical applications in semiconductor, pharmaceutical, and food or beverage manufacturing, medical and other industrial facilities is expected to dominate the market during the forecast period.
Growing air pollution in the densely populated Asia-Pacific has emerged as a major challenge, with damaging impacts on the environment, public health, and agricultural crop yields. However, such problems are likely to create several opportunities for the air purifier market in the future.
Asia-Pacific, due to increasing industrialization is home to the most polluted cities worldwide. Several local governments are working in the field of air purification in the region, which is likely to make Asia-Pacific the dominant region in the air purifier market.
Top Leading Companies:
Camfil, AAF Flanders, Parker Hannifin, Freudenberg, MayAir Group, Filtration Group, Donaldson, Nippon Muki, Gore, Infiltraco Murni, MANN+HUMMEL, Ebraco, Japan Air Filter, Yantair
Recent Developments
Make-in-India air purifier brand ‘Air OK’ was launched in September 2020. The company came up with new indigenous technology called “EGAPA Comprehensive” for clean air. Air OK is the only indigenous air purifier company that has its own R&D in India and fully manufactures in India, in sync with the Make in India policy. With the current significant impact in the wake of the pandemic, Air OK will soon offer corona disinfectant air purifiers as well to combat COVID-19.
AIIMS and IIT, in India, developed a car air purifier in January 2020, by the name Airlines Car Air Sanitizer, capable of purifying the air inside a vehicle within two minutes. The product meets World Health Organization standards and uses Active Molecular Technology, which the developers claim to be the world’s first technology that does not require an external energy source and saves car batteries. Additionally, the purifier is not large in size and is estimated to be available at a cost, which is 1/10th in comparison to any conventional air purifier.
In April 2020, ServiceTitan announced its collaboration with Resideo to enhance efficiency and empower field technicians with essential tools to increase profitability and device sales. The collaboration connects ServiceTitan users with Resideo’s robust catalogue of Honeywell Home indoor air quality (IAQ) and temperature control products, as well as connected water and security systems.
Air Filtration Market Segmentation by Type:
Residential
Commercial
Industrial
Air Filtration Market Segmentation by Application:
Coarse Filters/General Filters
Fine Filters
HEPA/ULPA
Carbon/Chemical Filters
Power Generation/Industrial Filters
Cleanroom Equipment
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Asia-Pacific to Witness Significant Growth
Asia-Pacific has been a catalytic driver in the demand for the air purifier market. In developing nations, such as India and China, industrial growth is at its peak, which is expected to drive the demand for the air purifier market in both nations.
Compared to many other large economies, China's air purifier market is young and is still developing. During the surveillance in 2016 and 2017, China's Administration of Quality Supervision, Inspection, and Quarantine (AQISIQ) found that 20% of air purifiers still failed compliance tests for safety, electromagnetic compatibility, and performance. Additionally, the air purifier market in China is dominated by international brands, and its market share far exceeds that of domestic branded products.
On the other hand, in India, the market for air purifiers is mostly confined to northern India, which contributed around 75% of the annual sales of air purifiers in 2018. For the past few years, the market has been growing by more than 50%. Factors, such as growing awareness among consumers and increasing promotional activities by all major companies, have got more consumers into retail outlets in 2018.
Regional Air Filtration Market (Regional Output, Demand & Forecast by Countries)
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
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Highlights of the Air Filtration Market Report:
Detailed overview of Air Filtration Market
Changing the Air Filtration market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Air Filtration market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Air Filtration Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.
The research includes historic data from 2016 to 2022 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the Air Filtration Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Air Filtration industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
We Offer Customization on Report Based on Specific Client Requirement:
– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point.
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