Press release
HEPA Filters Market to Witness Notable Growth by 2028 Covid-19 Analysis
The global high-efficiency particulate air (HEPA) filters market stood 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
INDUSTRY DEVELOPMENT
May 2019: Camfil launched an overall new air filter system by introducing new bus shelters throughout Sweden, helping clean the air in cities, hence resulting in increased consumption of HEPA air filters
August 2019: Parker-Hannifin Corporation's Industrial Gas Filtration and Generation Division announced a new patent for metalworking industry by introducing SmogHog SHM, a self-contained mist collector that efficiently removes the dust particulate using coalescing filter media technology
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List of Key Companies Operating in HEPA Filters Market Include:
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
Market Drivers
The penetration of HEPA filters in the semiconductor and microelectronics industry will escalate the market growth
Semiconductor and microelectronics industry manufactures electronic hardware such as hard drives, integrated circuits (ICs), capacitors, resistors, etc. that pollute the atmospheric air within the working environment. HEPA filters are fitted in the cleanrooms to control the concentration of airborne dust and gases in the manufacturing industry, resulting in an increasing demand for air filters in the near future. For example, Camfil provides clean air solutions using the contamination control technology to protect sensitive electronics and optical devices from hazardous dust particles. The cleanrooms filters of Camfil help in the removal of dust, while providing energy-efficient and cost-saving HEPA filters to the microelectronics industry; this, in turn, is expected to drive the global HEPA filters market
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COVID-19 Impact Analysis:
Final Report will add the analysis of the impact of COVID-19 on this industry.
In this report, the pre- and post-COVID impact on the market growth and development is well depicted for better understanding of the Fire Alarm and Detection Market based on the financial and industrial analysis. The COVID epidemic has affected a number of Fire Alarm and Detection Market is no challenge. However, the dominating players of theGlobal Fire Alarm and Detection Market are adamant to adopt new strategies and look for new funding resources to overcome the rising obstacles in the market growth.
The HEPA Filters Market Research Report Supports the Facts Below:
Industry Historical Demand Trends and Future Development Study - HEPA Filters Market Revenue 2022 Investors will make their business decisions based on historical and projected performance of the market in terms of growth trends, revenue contribution, and HEPA Filters Market growth rate. The report offers industry analysis from 2021 to 2028, according to categories such as product type, applications/end-users and regions.
Market Drivers, Limits and Opportunities - The market is deeply evaluated by a current market situation such as market growth factors and constraints. In addition, here we can discuss the latest industry news and its impact on the business.
Industry Chain Analysis - The study of industry chain structure incorporates details related to supplier's and buyer's information. Furthermore, the report classifies the top manufacturers of HEPA Filters Market Service business based on their production base, cost structure, Service production process, spending on raw materials and labor outlay.
Future Project Expediency - The HEPA Filters Market report includes a detailed explanation about the past and present trends of the market has been following along with its future analysis that may concern with the market growth.
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Report Coverage
The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and strategies undertaken by the market's key players.
Research Methodology:
We follow a robust research methodology that involves data triangulation based on top-down, bottom-up approaches, and validation of the estimated market numbers through primary research. The information used to estimate the market size and forecast for various segments at the global, regional, and country-level is derived from the most credible published sources and through interviews with the right stakeholders.
The Growth rate or CAGR exhibited by a market for a certain forecast period is calculated on the basis of various factors and their level of impact on the market. These factors include market drivers, restraints, industry challenges, market and technological developments, market trends, etc.
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Major Table of Contents for HEPA Filters Market Research Report:
Introduction
Definition, By Segment
Research Approach
Sources
Executive Summary
Asia Pacific HEPA Filters Market Dynamics
Macro and Micro Economic Indicators
Drivers, Restraints, Opportunities and Trends
Impact of COVID-19
Short-term Impact
Long-term Impact
Competition Landscape
Business Strategies Adopted by Key Players
Consolidated SWOT Analysis of Key Players
PESTLE Analysis
Porter's Five Force Analysis
Asia Pacific HEPA Filters Market Share Analysis and Matrix, 2019
Latin America #HEPA Filters Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2017-2028
By Country (Value)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Profiles of Key Players (Would be provided for 10 players only)
Overview
Key Management
Headquarters etc.
Offerings/Business Segments
Key Details (Key details are subjected to data availability in public domain and/or on paid databases)
TOC Continued.
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