DUBLIN, February 16, 2022 /PRNewswire/ — The “HVAC Filters Market by Material (Fiberglass, Synthetic Polymer, Carbon, Metal), Technology (HEPA, Electrostatic Precipitator, Activated Carbon), End-Use Industry (Building & Construction, Pharmaceutical, Food & Beverage), and Region – Global forecasts until 2026 “ report has been added to from ResearchAndMarkets.com offer.
The global HVAC filter market is estimated at $3.5 billion in 2021 and is expected to reach $4.5 billion by 2026, at a CAGR of 5.0% from 2021 to 2026.
The driving factor of the HVAC filter market is the growing demand for HVAC systems, growing awareness of indoor air quality, and government regulations and policies for efficient filtration. Additionally, increasing investment in the construction industry and technological advancements in HVAC filters are expected to provide significant growth opportunities for manufacturers.
Synthetic polymer is expected to be the fastest growing material segment in the HVAC filter market over the forecast period.
Synthetic polymers are used for efficient filtration in residential and industrial HVAC systems. Polytetrafluoroethylene (PTFE), polyester, polyvinylidene fluoride (PVDF), polyethylene and polypropylene are used to manufacture filter materials. Air filtration in a synthetic polymer material occurs on its surface, whereas in fiberglass, filtration occurs inside the filters. This property makes synthetic polymers suitable for application in industries such as pharmaceutical, food and beverage, automotive, electronics and semiconductors. Synthetic polymeric filter materials are available as plies or stretched films, which are made using spun-bonded or melt-blown manufacturing processes.
Pleats increase surface area and make filters more effective at capturing airborne particles in HVAC systems. Synthetic polymer pleated air filters, with a rating of 7 to 13, can provide more efficiency over high-efficiency particulate (HEPA) filters, but at a lower cost. Due to their durability, these filters can be washed and reused. Pleated synthetic polymer air filters are available in abundance, have lower airflow resistance than HEPA filters, and support quiet blower fan operation of the HVAC system.
HEPA segment is expected to be the largest technology in the HVAC filter market during the forecast period.
HEPA technology consists of a filter that forces air through a fine mesh, which traps harmful particles such as pollens, molds, pet dander, bacteria and dust mite debris to prevent them from entering in the surrounding environment. According to the US Department of Energy (DOE) and the US National Institute for Occupational Safety and Health (NIOSH), to meet the HEPA standard, a filter must retain 99.97% of dust particles from 0. 3 micron or more.
HEPA filters have various fields of application, including residential buildings, pharmaceutical production, food and beverage, and clean rooms in the electronics and semiconductor industry, among others. In the pharmaceutical industry, HEPA filters are installed in production spaces, which must be free of contaminants. These filters also protect patients from infections and employees and visitors from airborne organisms. The only downside to HEPA filter technology is that it creates a barrier to smooth airflow, which can cause HVAC systems to fail or perform poorly.
APAC is the largest market for HVAC filters
APAC accounted for the largest HVAC filter market share in 2020. Improving economic conditions in developing countries and increasing global warming are contributing to the growth of the HVAC filter market in the region.
The HVAC filter market in APAC has been segmented into China, Japan, India, South Korea, Indonesia, Australiaand the rest of APAC. China is expected to dominate the market over the forecast period, owing to the growth in commercial building construction in the country. On the other hand, the market for India is expected to register the highest growth rate owing to rapid urbanization and industrialization, growing disposable incomes, and increasing building and construction activities in the country.
In Asia-Pacific, several associations, including the Indian Society of Heating, Refrigerating and Air Conditioning Engineers (ISHRAE), the Australian Institute of Refrigeration Air-conditioning and Heating (AIRAH), the Air Conditioning and Mechanical Contractors Association of Australia (AMCA), Japan Refrigeration and Air Conditioning Industry Association (JRAIA) and Air Conditioning Engineering Association of Thailand (ACAT), supporting the adoption of efficient HVAC systems. This support is boosting the HVAC filter market in the region.
Main topics covered:
2 Research methodology
3 Executive summary
4 premium previews
4.1 Attractive Opportunities in HVAC Filters Market
4.2 HVAC Filters Market, By Material
4.3 HVAC Filters Market, By Technology
4.4 HVAC Filters Market, By End-Use Industry
4.5 HVAC Filters Market, by Region
4.6 HVAC Filters Market: Major Countries
5 Market Overview
5.2 Market Dynamics
22.214.171.124 Increase in Demand for HVAC Systems
126.96.36.199 Growing awareness of indoor air quality
188.8.131.52 Government Regulations and Policies for Effective Filtration
184.108.40.206 Growing environmental concerns
220.127.116.11 Increase investment in the construction sector
18.104.22.168 Technological Advancement in HVAC Filters
22.214.171.124 Higher cost and maintenance of efficient HVAC filters
5.3 Porter’s Five Forces Analysis
5.3.1 Threat of new entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining power of suppliers
5.3.4 Bargaining power of buyers
5.3.5 Intensity of competitive rivalry
5.4 Environmental factors
5.5 Impact of COVID-19 on the HVAC Filters Market
5.5.1 Impact of COVID-19 on the HVAC industry
126.96.36.199 Impact of COVID-19 on Building and Construction Industry
188.8.131.52 Impact of COVID-19 on the pharmaceutical industry
184.108.40.206 Impact of COVID-19 on the Food and Beverage Industry
220.127.116.11 Impact of COVID-19 on Automotive Industry
18.104.22.168 Impact of COVID-19 on various countries
6 HVAC Filters Market, By System
6.2 Heat pumps
6.3 Roof units
6.4 Geothermal heat pumps
6.5 Standalone air conditioners
6.6 Split System HVAC
6.7 Ductless Systems
6.8 Hybrid HVAC systems
7 HVAC Filters Market, By Material
7.2 Synthetic polymer
7.2.1 High efficiency, washability and longevity to increase uses
7.3.1 Low cost, dimensional stability, design flexibility and excellent electrical properties to increase demand
7.4.1 Ability to absorb odors and gases to supply demand
7.5.1 Easy cleaning and reuse make it suitable for HVAC systems
8 HVAC Filters Market, By Technology
8.2.1 Growing Demand for Highly Efficient HVAC Filters in Pharmaceutical, Food & Beverage, and Semiconductor Industries
8.3 Electrostatic precipitator
8.3.1 Low pressure drop and washable properties to drive demand
8.4 Activated carbon
8.4.1 Rise in Demand for Odor, Toxic Gas and Fume Control Filters
9 HVAC Filters Market, By End-Use Industry
9.2 Building and Construction
9.2.1 Increase in demand for green buildings and awareness of indoor air quality
9.3.1 Rise in Demand for High Efficiency Filters for Critical Manufacturing Processes
9.4 Food and drink
9.4.1 Rising Demand for Air Quality Improvements in Food Processing Plants
9.5.1 Increase in car traffic and air pollution
10 HVAC Filters Market, by Region
11 Competitive landscape
11.2 Competitive Leadership Mapping
11.2.2 Emerging Leaders
11.2.4 Emerging companies
11.3 Strength of product portfolio
11.4 Business Strategy Excellence
11.5 Market share of major players in HVAC Filters Market, 2020
12 company profiles
12.1 3M Society
12.2 Parker-Hannifin Corporation
12.3 Camfil AB
12.5 American Air Filter Company, Inc.
12.6 Donaldson Company, Inc.
12.8 Filtration Group Corporation
12.9 Freudenberg Group
12.10 Sogefi Group
12.11 Group Gvs
12.12 Spectrum Filtration Pvt. ltd.
12.13 Emirates LLC Industrial Filters
12.14 Koch Filter
12:15 p.m. Sandler AG
12.16 Troy Filters Ltd.
12.17 Dha Filter
12.18 General Havak filter
12.19 John Manville
12:20 Hollingsworth & Vose
12.21 Other Players
12.21.1 Air Filters, Inc.
12.21.2 Tex-Air filters
12.21.3 AJ Manufacturing
12.21.4 Filt Air Ltd.
12.21.5 Airsan Company
For more information on this report, visit https://www.researchandmarkets.com/r/i5iyot
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