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MEA Air Filtration Market size worth over USD 250mn by 2023: Global Market Insights Inc.
The research report “MEA air filtration market” is segmented on the basis of application, such as gas turbine, HVAC, automotive, cleanroom and bag house. The industry is lead by HVAC air filters due to steady demand from residential as well as commercial sector for retrofitting of existing systems and also new installations. The industry is further segregated by type which includes intake and cabin and cabin. In addition, the industry can be bifurcated by filter media into cabin-particle & activated carbon and intake-cellulose & synthetic. Furthermore, the industry is bifurcated by vehicle type which includes passenger car, LCV and HCV. Customers are uninformed about the importance and advantage of cabin air filters in an automobile while the promotion of cabin air filters on comfort and health of the driver would increase the demand growth.Middle East indoor air filtration market size was estimated to be valued over USD 250 million in 2014. The region is closely followed by Africa indoor air filtration market, accounted for about USD 169 million in the same year.
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Escalating need for cabin comfort systems and health concerns are key factors surging the industry demand from 2016 to 2023. UAE air filtration market size is expected to observe surge in the demand growth owing to rising real estate sector. Regional demand is also attributed to the rising replacement industry. Elapco Group dominated the region by gaining volume share of over 13% in 2014. The company is positioned in core groups such as window and split air conditioners. However, unwillingness to replace the filters is likely to pose a threat to industry demand.
Constituents of air pollution lead towards loss on GNP in the MEA region, with some key causes being greenhouse gas emissions, sandstorms or dust storms, and other gases emitted from various industries. In addition, urban growth, industrialization, lack of awareness, shortage of institutional capabilities and transportation systems are also responsible for the pollution the region. The above mentioned factors are driving the demand. Moreover, secretions of sulphur dioxide, nitrogen oxide and other harmful gases have been increasing with the mounting industrialization.
The increasing need of energy effective and efficient products that also delivers high-performance is anticipated to boost the industry demand over the coming few years. In addition, resource scarcity coupled with changing demographics is also likely to favour the demand growth. Furthermore, rising environmental awareness and rapid urbanization is expected to surge the industry growth. Non-serviceable and nano-fiber along with automotive air filters market represent potential growth opportunities for the industry.
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Israel air filtration market is anticipated to witness substantial growth owing to the government initiatives taken in this region. The government is providing subsidies in the range of USD 200 to USD 465 to the citizens to replace the aging filtration systems with updated systems. In addition, the customers were offered free disposal and free installation filtration systems. The aim behind this agenda is to enhance energy conservation and minimise energy usage in households. South Africa air filtration market is also the surge owing to high disposable income. The population in this region are resilient towards the impact of volatile economic conditions.
With the advancement in technology and rising research and development activities, long lasting filters are produced at low cost which offers high efficiency. These systems encourage the need of replacement and in turn increase the demand for updated filters. Moreover, lack of awareness among customers is anticipated to hinder the demand growth. However, several seminars and activities are being conducted by the original equipment manufacturers in order to create consciousness among the users about the benefits of these filters has improved the swiftness for the aftermarket supplier to grow.
Key industry participants with air filtration market share include HealthWay Home Products, Inc., CAMFIL INDIA, Good Life, Inc., IQAir North America, Inc., Keller USA, Inc., Philips Electronics N.V., Ameripure Technologies, Air Filtratation Systems, Abatement Technologies, Inc., Electrocorp and Sentry Air Systems, Inc, among others.
Browse Related Reports:
• Asia Pacific Air Filtration Market Size By Product (Industrial [Dust Collectors, Mist Collectors, HEPA Filters, Baghouse Filters, Cartridge Collectors & Filters], Automotive [Intake Filters, Cabin Filters], Residential), By Application (Power, Food, Metals, Cement, Pharmaceuticals), Industry Analysis Report, Regional Outlook (China, India, Japan, South Korea, Australia, Thailand, Indonesia, Malaysia), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023
https://www.gminsights.com/industry-analysis/asia-pacific-air-filtration-market
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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