Global HVAC Filters Market Report Size, Trends & Growth Opportunity, By Material, By Technology, By End Use Industry, By Region and forecast till 2027
Report ID : QR1001337 | Industries : Others | Published On :January 2022 | Page Count : 225Global HVAC Filters Market
Types of air filters used to keep the indoor system parts from being clogged with dusty and other foreign materials are the HVAC filters. HVAC filters are significant part of any heating, ventilation, and air conditioning system to filter the foreign particles through the air. They are used to advance indoor air quality along with that they serve the purpose of extending the life of HVAC systems.
Market Drivers
With rising global temperatures and variation in climatic conditions, the demand for HVAC systems has increased, which is subsequently driving the HVAC filters market. Another factor to boost the market is High filtration efficiency and rising product demand from commercial institutions. HEPA filters ensure a laminar air flow that contributes to growing its filtration efficiency. The efficient functioning of HEPA filters in a diverse range of atmospheric conditions including sensitive, moisture prone and adverse weather conditions are increasing the demand of product.
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Market Restraints
The use of very efficient filters in HVAC systems also rises energy consumption to prevent pressure drops. To avoid the situations, manufacturers of HVAC systems and filters are required to develop energy-efficient and low carbon-emitting systems, which will lead to the increased cost of HVAC systems and filters. Henceforth, rising environmental concerns because of the increased use of HVAC systems are hampering the growth of the HVAC filters market. Higher cost and maintenance of efficient HVAC filters is also one of the main restraining factors of the market.
Regional Analysis
The market in Asia Pacific region is projected to garner the largest share over the forecast period on the back of maximum level of pollution, and poor air quality index in developing countries, including, China, India, and Vietnam. India and China are the most polluted countries in the world. The region is witnessing growth in the HVAC filters market because of large construction and infrastructure activities being carried out. North America is likely to lead the HVAC filters market throughout the forecast period, owing to the increase in demand for highly efficient filters in the pharmaceutical and food & beverage industries in the region.
Market Key Players
Some of the key players operating in Global HVAC Filters Market are 3M Company, Parker-Hannifin Corporation, Camfil AB, Mann+Hummel, American Air Filter Company, Inc., Donaldson Company, Inc., Ahlstrom-Munksjö, Filtration Group Corporation, Freudenberg Group, and Sogefi Group.
Industry development
In April 2020, Parker Hannifin Corporation launched QuadSEAL 4, designed specifically for commercial HVAC applications. This product helps building owners earn points toward LEED green building certification. Its applications include hotels and entertainment complexes, food processing, microelectronics manufacturing, data centers, commercial office buildings, schools and universities, clean manufacturing facilities, hospitals and healthcare facilities, government institutions, and industrial manufacturing.
In April 2020, Parker HVAC Filtration, a division of Parker Hannifin Corporation, has launched a new line of Micropleat high-efficiency filters designed for HVAC applications and featuring a media blend and a mini-pleat design. The filters provide high levels of particulate removal, dust-holding capacity, and efficiency, and others required in a high-purity air filter. Designed to trap microscopic particles and contaminants in the air stream, Micropleat filters meet both High-Efficiency Particulate Air (HEPA) and Ultra-Low Particulate Air (ULPA) minimum ratings of up to 99.97% at 0.3 microns and 99.999% at 0.12 microns, respectively.
Global HVAC Filters Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 HVAC Filters Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 HVAC Filters Market, By Material
5.1 Y-o-Y Growth Comparison, By Material
5.2 HVAC Filters Market Share Analysis, By Material
5.3 HVAC Filters Market Size and Forecast, By Material
5.3.1 Synthetic Polymer
5.3.2 Fiberglass
5.3.3 Carbon
5.3.4 Metal
6 HVAC Filters Market, By Technology
6.1 Y-o-Y Growth Comparison, By Technology
6.2 HVAC Filters Market Share Analysis, By Technology
6.3 HVAC Filters Market Size and Forecast, By Technology
6.3.1 HEPA
6.3.2 Electrostatic Precipitators
6.3.3 Activated Carbon
6.3.4 Others
7 HVAC Filters Market, By End-Use Industry
7.1 Y-o-Y Growth Comparison, By End-Use Industry
7.2 HVAC Filters Market Share Analysis, By End-Use Industry
7.3 HVAC Filters Market Size and Forecast, By End-Use Industry
7.3.1 Building & Construction
7.3.2 Pharmaceutical
7.3.3 Food & Beverage
7.3.4 Automotive
7.3.5 Others
8 HVAC Filters Market, By Region
8.1 HVAC Filters Market Share Analysis, By Region
8.2 HVAC Filters Market Share Analysis, By Region
8.3 HVAC Filters Market Size and Forecast, By Region
9 North America HVAC Filters Market Analysis and Forecast (2021-2027)
9.1 Introduction
9.2 North America HVAC Filters Market Share Analysis, By Material
9.3 North America HVAC Filters Market Size and Forecast, By Technology
9.4 North America HVAC Filters Market Size and Forecast, By End-Use Industry
9.5 North America HVAC Filters Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe HVAC Filters Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 Europe HVAC Filters Market Share Analysis, By Material
10.3 Europe HVAC Filters Market Size and Forecast, By Technology
10.4 Europe HVAC Filters Market Size and Forecast, By End-Use Industry
10.5 Europe HVAC Filters Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific HVAC Filters Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Asia Pacific HVAC Filters Market Share Analysis, By Material
11.3 Asia Pacific HVAC Filters Market Size and Forecast, By Technology
11.4 Asia Pacific HVAC Filters Market Size and Forecast, By End-Use Industry
11.5 Asia Pacific HVAC Filters Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America HVAC Filters Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Latin America HVAC Filters Market Share Analysis, By Material
12.3 Latin America HVAC Filters Market Size and Forecast, By Technology
12.4 Latin America HVAC Filters Market Size and Forecast, By End-Use Industry
12.5 Latin America HVAC Filters Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East HVAC Filters Market Analysis and Forecast (2021-2027)
13.1 Introduction
13.2 Middle East HVAC Filters Market Share Analysis, By Material
13.3 Middle East HVAC Filters Market Size and Forecast, By Technology
13.4 Middle East HVAC Filters Market Size and Forecast, By End-Use Industry
13.5 Middle East HVAC Filters Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 3M Company
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Parker-Hannifin Corporation
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Camfil AB
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Mann+Hummel
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 American Air Filter Company, Inc.
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Donaldson Company, Inc.
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Ahlstrom-Munksjö
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Filtration Group Corporation
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Freudenberg Group
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Sogefi Group
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies