Press release
HVAC Filters Market SWOT Analysis, Dynamics, Drivers, Key Indicators and Forecast to 2028 | At a CAGR of 7.7%
Degradation of air quality and stringent government policies for maintaining indoor air quality (IAQ) in industrial spaces drive the growth of the global HVAC filters market. On the other hand, rise in necessity of frequent cleaning impedes the growth to some extent. However, rise in awareness toward hygiene maintenance is expected to create lucrative opportunities in the future.The global HVAC filters market size is expected to reach $11.0 billion in 2028 from $6.0 billion in 2020, growing at a CAGR of 7.7% from 2021 to 2028. In 2020, North Asia-Pacific dominated the market, in terms of revenue, accounting for 34% share of the global HVAC filters market.
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HVAC filters are utilized to filter impurities in air such as pollutants, pollen, and dust in enclosed spaces to provide outlet of cleaner and healthier air. HVAC filters are used in HVAC systems to trap impurities within air flow and avoid causing significant damage to equipment. HVAC filters generally adopt different technologies for air filtration including HEPA, activated carbon, and ultraviolent filtration depending upon its application in residential, commercial, and industries.
Leading Players:
The key market players analyzed in the global HVAC filters market report include Parker-Hannifin Corporation, Sogefi Group, 3M Company, Camfil AB, Mann+Hummel, Filtration Group Corporation, American Air Filter Company, Inc., Donaldson Company, Inc., Ahlstrom-Munksjö, and Freudenberg Group. These market players have incorporated several strategies including partnership, expansion, collaboration, joint ventures, and others to brace their stand in the industry.
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The global HVAC filters market is analyzed across material, technology, application, and region.
By Material
• Fiberglass
• Synthetic Polymer
• Carbon
• Metal
By Technology
• Electrostatic Precipitator
• Activated Carbon
• UV Filtration
• HEPA Filtration
• Ionic Filtration
By Application
• Residential
• Commercial
• Industrial
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