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Air Filter Media Market 2023 Report By Key Companies, Regional Analysis And Forecast 2032
Air Filter Media Market
The Business Research Company's Air Filter Media Global Market Report 2023 identifies the decrease in the quality of air globally as the major driver for the air filter media market's growth in the forecast period. Air pollution causes dangerous health problems such as cardiovascular, respiratory diseases, and cancers. According to the US Environmental Protection Agency's national ambient air quality standards, exposure to very fine particulate matter known as PM2.5 is considered safe as long as the person breathes an average of 12 micrograms per cubic meter of air or less per day.
The global air filter media market size grew from $3.99 billion in 2022 to $4.2 billion in 2023 at a compound annual growth rate (CAGR) of 5.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global air filter media is expected to grow to $5.3 billion in 2027 at a CAGR of 5.9%.
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Major competitors in the air filter mediamarket are Air pollution causes dangerous health problems such as cardiovascular, respiratory diseases, and cancers. According to the US Environmental Protection Agency's national ambient air quality standards, exposure to very fine particulate matter known as PM2.5 is considered safe as long as the person breathes an average of 12 micrograms per cubic meter of air or less per day.
A key trend in the air filter media market includes technological advancement. In August 2020, Branford Castle Partners, a private equity firm acquired Fibrix Filtration, a provider of specialized loft and pleat media air filtration products for an undisclosed amount. The acquisition of Fibrix Filtration is the first investment in the Branford Castle Partners Fund II and air filtration is an area of growing concern throughout the world. So, Branford Castle Partners are looking forward to working with Fibrix Filtration management to grow its business and products. Fibrix Filtration sells its products to large, brand-name filter manufacturers across the United States.
Read More On The Global Air Filter Media Market Report Here:
https://www.thebusinessresearchcompany.com/report/air-filter-media-global-market-report
The air filter media market is segmented -
• By Type: Nonwoven Fabrics, Fiberglass, Filter Paper
• By Grade: HEPA, MERV, ULPA
• By Application: HVAC, Air Purifier, Face Mask, APC, Industrial Manufacturing, Transportation
• By End-Use: Food & Beverage, Metal & Mining, Chemical, Pharmaceutical, Power Generation, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the air filter media market.
The Business Research Company's "Global Air Filter MediaMarket Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Air Filter Media Market Include:
1. Executive Summary
2. Air Filter Media Market Characteristics
3. Air Filter Media Market Trends And Strategies
4. Air Filter Media Market - Macro Economic Scenario
5. Air Filter Media Market Size And Growth
……
26. Africa Air Filter Media Market
27. Air Filter Media Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Air Filter Media Market
29. Air Filter Media Market Future Outlook and Potential Analysis
30. Appendix
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