The Global Market for Air Filters and Filtration Equipment is Projected to Exceed US$10 Billion by 2022

Alarming Rise in Pollution Levels & the Urgent Need to Improve Air Quality Drive Demand for Air Filters & Filtration Equipment, According to New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Air Filters and Filtration Equipment market. The global market for Air Filters and Filtration Equipment is projected to exceed US$10 billion by 2022, driven by the alarming rise in air pollution levels worldwide underscoring the urgent need for improving air quality, and surging demand for highly efficient HEPA filters.

Air filters are useful in removing naturally occurring contaminants from air including dirt, odor, mold, gases, and other toxic pollutants. With applications in diversified end-use industries spanning across consumer, industrial, manufacturing to commercial and automotive sectors, air filters and filtration equipment market is immensely influenced by changes in government regulations and actions taken by green environmentalist groups to mitigate environmental concerns and issues. Growth in this market has also long benefited from the ever-rising concerns over indoor air quality, increasing incidences of asthma and allergic respiratory disorders, and recurrent outbreak of avian flu, swine flu, and other air-borne diseases as both outdoor as well as indoor air pollution are major causes of respiratory and other life threatening diseases worldwide. Growing media focus on poor air quality, health-related issues, and outbreak of epidemics, have played instrumental roles in stepping up consumer awareness, and have greatly emphasized the importance of inhaled air quality in industrial and commercial buildings, homes, and schools. The growing magnitude of air pollution and its impact on the ecology and human health has pushed worldwide governments into taking initiatives designed to control the levels of air pollution representing the primary growth driver for the air filters market over the years.

Healthy growth is projected for the air filters market in the coming years driven by the ubiquitous need for maintaining particulate cleanliness for ensuring proper functioning of machinery and equipment and the mounting pressure to improve outdoor and indoor air quality. Other important growth drivers include surging demand for high efficiency semi-HEPA, HEPA, and ULPA filters, advanced version of which can eliminate over 99.99% of airborne indoor particles; innovations and advancements in filter media, filter design, and performance improvements; and steady growth in key application sectors such as automotive, gas turbines and HVAC systems across the world. Developments in nanotechnology as well as development of newer filter technologies in response to the continued pressure to meet the increasingly stringent environmental standards will positively influence market prospects in the near term. Tighter air emission standards set in place by worldwide environmental agencies for the automotive industry, which ranks as a key polluter provoking regulatory bodies to tighten legislations governing emissions in this industry, and recovering global automotive production are poised to benefit the automotive air filters market in the coming years.

As stated by the new market research report on Air Filters and Filtration Equipment, the United States, Japan, and Europe represent traditional revenue contributors worldwide. However, growth is likely to remain modest in the coming years, driven mostly by the replacement sales, as households and commercial establishments and industries replace traditional air filters with eco-friendly and energy efficient models. Asia-Pacific represents the fastest growing market with a CAGR of 4.3% over the analysis period. Stricter environmental regulations and laws, favorable economic and demographic trends, underpenetrated and unpenetrated nature of the market, stronger production activities across key end-use industries, undeterred pace of industrialization, mass exodus of automotive and industrial manufacturing activity to developing countries such as China and India, among others, remain truly powerful drivers capable of fuelling growth in the region.

Key players covered in the report include 3M Company, Airex Filter Corporation, Aerospace America Inc., Ahlstrom Corp., AIRTECH Japan Ltd., American Air Filter (AAF) International, Atlas Copco USA, Blueair AB, Bruce Air Filter Company, Camfil Group, Clarcor Air Filtration Products, Inc., Clarcor Industrial Air, Cummins, Inc., Donaldson Co., Inc., Delta Filtration, Filtration Group Inc., Purafil Inc., Filtration Systems Products Inc., Flanders Corporation, Freudenberg Filtration Technologies, GVS Group, Lydall Inc., Mahle GmbH, Mann Hummel Group, Nordic Air Filtration A/S, Sogefi SpA, and UCI-FRAM Group, among others.

The research report titled “Air Filters and Filtration Equipment: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of major market participants. The report provides market estimates and projections for all major geographic markets such as the United States, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, South Korea, and Rest of Asia-Pacific), Latin America (Brazil, and Rest of Latin America), and Rest of World. Product segments analyzed for major regions/countries include Mechanical Filters (Primary Filters, Secondary Filters, and HEPA Filters); Gas Phase Filters; and Electronic Filters. Major applications analyzed for the global market include Residential, Commercial, and Industrial.

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