CHICAGO, February 4, 2022 /PRNewswire/ — According to new market research report “HVAC Filter 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 Through 2026″published by MarketsandMarkets™, the global HVAC filters 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 driving the HVAC Filters market is growing demand for HVAC systems, growing awareness about indoor air quality, and regulations and policies regulations 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.
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The 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.
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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.
3M Company (USA), Parker-Hannifin Corporation (USA), Camfil AB (Sweden), Mann+Hummel (Germany), American Air Filter Company, Inc. (USA), Donaldson Company, Inc. (USA), among others, are the major manufacturers of HVAC filters globally.
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