HVAC Filters Market Size, Growth Analysis, Outlook Report 2024-2033

The hvac filters market size has grown strongly in recent years. It will grow from $8.48 billion in 2023 to $9.07 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to occupational health standards, environmental concerns, healthcare sector demand, industrial growth, consumer preferences.

The hvac filters market size is expected to see strong growth in the next few years. It will grow to $12.15 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to increasing urbanization, energy efficiency mandates, rise in construction projects, smart and iot-enabled filters, hvac system retrofitting. Major trends in the forecast period include indoor air quality awareness, stringent regulatory standards, health and wellness focus, energy efficiency requirements.

Market Overview -
The HVAC filters refer to filters used in heating and cooling systems that filter impure dust, pollen, and other small particles out of the air. The primary purpose of an HVAC air filter is to remove impurities from the air flowing through the system, such as dust, pet dander, or even bacteria. These dust particles are trapped in the filter and are not recirculated throughout the building.

Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=8271&type=smp

The Surge In Hvac Filter Market Driven By Escalating Concerns Over Airborne Toxic Compounds And Health Implications
The increasing circulation of toxic compounds in the air is expected to drive the HVAC filter market going forward. Increased cases of allergies, asthma, headaches, coughs, sinusitis, and other chronic respiratory disorders are among the diseases caused by poor air quality. Furthermore, the increasing circulation of toxic compounds in the air is directing factory owners' attention toward implementing effective preventive measures to protect the air quality around the premises and to ensure the safety and health of their factory workers. Due to this increase in the circulation of toxic compounds, HVAC filters are used to remove impurities from the air flowing through the system, such as dust, pet dander, and bacteria. For instance, according to the Environmental Protection Agency, an independent executive agency of the United States federal government tasked with environmental protection matters, in 2021, about 102 million Americans resided in counties where pollution levels were above the primary NAAQS (National Ambient Air Quality Standards), emitting about 67 million tons of pollution into the atmosphere. Therefore, the increasing circulation of toxic compounds in the air will drive the growth of the HVAC filter market.

Competitive Landscape -
Major companies operating in the hvac filters market report are 3M Company, Parker-Hannifin Corporation, Camfil AB, MANN+HUMMEL Gruppe, American Air Filter Company Inc., Donaldson Company Inc., Ahlstrom-Munksjö Oyj, Filtration Group Corporation, Freudenberg Group, Emirates Industrial Filters LLC, Koch Filter Corporation, Spectrum Filtration Pvt. Ltd., General Filter Air, Troy Filters Ltd., Darrell Hanna & Associates Inc., Honeywell International Inc., Lennox International Inc., Parker Hannifin Corporation, Carrier Corporation, Trane Technologies plc, Johnson Controls International plc, Siemens AG, LG Electronics Inc., Mitsubishi Electric Corporation, Panasonic Corporation, Rheem Manufacturing Company, Sharp Corporation, Toshiba Corporation, K&N Engineering Inc., Glasfloss Industries Inc.

Voltas' Breakthrough Hepa Filter Technology Sets The Trend In Hvac Filters Market
Product innovation is the key trend gaining popularity in the HVAC filters market. Major companies in the HVAC Filters are innovating with newer products to stay dominant in the HVAC filters market. In recent times, the market has witnessed the use of innovative air filters with multiple layers, which increase the thickness and weight of the air filter. For instance, in June 2022, Voltas Limited, an India-based air conditioning, and cooling technology company, launched Voltas' PureAir 6 Stage Adjustable Inverter AC, India's first AC with HEPA Filter technology. The PureAir 6 Stage Adjustable Inverter AC has the industry's first AQI Indicator, PM 1.0 Sensor, and HEPA Filter to help purify indoor air. It also has a 6-Stage Adjustable Tonnage Mode that enables the user to switch between different tonnages depending on the ambient temperature or the number of occupants in the room.

Browse Full Report @
https://www.thebusinessresearchcompany.com/report/hvac-filters-global-market-report

Key Segments -

The hvac filters market covered in this report is segmented -

1) By Product: Fiberglass Filter, Pleated Filter, Electrostatic Filter, Carbon Air Filter, HEPA Filter, Pocket Filter, Other Products
2) By Material: Fiberglass, Synthetic Polymer, Carbon Derivatives, Metal, Other materials
3) By Application: Residential, Commercial, Industrial
4) By End-Use Industry: Building & Construction, Pharmaceutical, Food & Beverage, Automotive, Other end-users

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

"Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

"Want To Know More About The Business Research Company?

The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

Global Market Model - World's Most Comprehensive Database

The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps

This release was published on openPR.