Press release
HVAC Filters Market: Thriving with a Projected Market Size of $12.84 Billion by 2029
What Is The Projected Market Size Of The Global HVAC Filters Market And Its Growth Rate?
With an accelerating market growth powered by various factors, key statistics include:
• In 2024, the HVAC filters market size was valued at $8.92 billion.
• By 2025, it will grow to reach $9.47 billion with a compound annual growth rate (CAGR) of 6.2%.
• The market size is expected to continue its strong growth to $12.84 billion by 2029, powered by a CAGR of 7.9%.
What Is Driving The Growth In The HVAC Filters Market?
A rapid increase in airborne toxic compounds is spurting the growth of the HVAC filter market. Poor air quality prompts ailments like allergies, asthma, headaches, sinusitis, and numerous chronic respiratory disorders, requiring efficient preventative measures. HVAC filters play a pivotal role in this matter by purging impurities such as dust, pet dander, and bacteria from circulating air. Illustrating the seriousness of this issue, a report by IQAir, a Switzerland-based air quality technology company, presented alarming numbers for India's air quality, showing a dangerous spike in PM2.5 concentration in 2023, signifying escalating health risks for 1.36 billion residents. This upsurge is urging factory owners to safeguard their premises' air quality and their factory workers' health, stimulating the market growth for HVAC filters.
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Who Are the Key Players Driving HVAC Filters Market Growth?
The HVAC filters market flourishes with several key players including:
• 3M Company
• 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.
• 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.
What Are The Key Trends In The HVAC Filters Market?
Several trends are shaping the HVAC filters market:
• Growing awareness of indoor air quality
• Stringent regulatory standards
• Increased focus on health and wellness
• Rising demand for energy efficiency
What Are The Segments Of The Global HVAC Filters Market?
The global HVAC filters market sprawls over different segments:
• Product: Fiberglass Filter, Pleated Filter, Electrostatic Filter, Carbon Air Filter, HEPA Filter, Pocket Filter, Other Products
• Material: Fiberglass, Synthetic Polymer, Carbon Derivatives, Metal, Other materials
• Application: Residential, Commercial, Industrial
• End-Use Industry: Building And Construction, Pharmaceutical, Food And Beverage, Automotive, Other End-Users
Which Region Leads The HVAC Filters Market?
As of 2024, Asia-Pacific commanded the largest share in the HVAC filters market. Poised for rapid growth, Asia-Pacific is projected as the fastest-growing region during the forecast period. The HVAC filters market report extensively covers regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The HVAC Filters Market Global Market Report?
- Market Size Analysis: Analyze the HVAC Filters Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the HVAC Filters Market for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall HVAC Filters Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the HVAC Filters Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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More Releases for Filter
Filter Aid Diatomaceous Earth For Gravity Filter
Technology data sheet
TYPE
Color
Grade
Permeability
Density
Screening%
PH
MIN darcy
TARGET darcy
MAX darcy
TARGET g/cm3
MAX g/cm3
+150mesh
MIN
TARGET
MAX
ZBS100
pink/white
Dissolve calcination
1.3
1.5
1.8
0.37
0.4
0
NA
4
8-11
ZBS150
pink/white
Dissolve calcination
1.5
1.9
2.3
0.35
0.4
0
NA
4
8-11
ZBS200
pink/white
Dissolve calcination
2.3
2.6
3
0.35
0.4
0
NA
4
8-11
ZBS300
white
Dissolve calcination
3
3.5
4
0.35
0.37
0
2
6
8-11
ZBS400
white
Dissolve calcination
4
4.5
5
0.35
0.37
2
4
10
8-11
ZBS500
white
Dissolve calcination
4.8
5.3
6
0.35
0.37
4
8
15
8-11
ZBS600
white
Dissolve calcination
6
7
8
0.35
0.37
6
10
20
8-11
ZBS800
white
Dissolve calcination
7
8
9
0.35
0.37
10
15
25
8-11
ZBS1000
white
Dissolve calcination
8
10
12
0.35
0.38
12
21
30
8-11
13
19
25
0.35
0.38
9
19
30
8-11
ZBS1200
white
Dissolve calcination
12
17
30
0.35
0.38
NA
NA
NA
8-11
Product Advantages
- complete range of permeability - complete certification: ISO, Halal, Kosher - suitable for all walks of life - Higher efficiency filtration - National Patent products
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