Global Air Filters Market Overview

The global air filters market is a significant segment of the filtration industry, dedicated to improving air quality by removing contaminants and pollutants from the air. Air filters are crucial components used in various applications, including residential, commercial, industrial, and automotive sectors. They play a vital role in maintaining clean air, improving indoor air quality, and safeguarding equipment and machinery from harmful particles.

The global air filters market is witnessing steady growth, driven by factors such as rising awareness of air pollution, stringent environmental regulations, and expanding industrial and automotive sectors. As technology continues to advance, the market is expected to witness further innovations, catering to the increasing demand for cleaner air and healthier living and working environments. Please note that for the most up-to-date information, it is recommended to refer to recent market reports and industry analyses.

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Key Companies in the Air filters market include

 

  • Daikin Industries, Ltd. (Japan)
  • Camfil (Sweden)
  • MANN+HUMMEL (Germany)
  • Parker Hannifin Corp (U.S.)
  • Cummins, Inc. (U.S.)
  • Donaldson Company, Inc. (U.S.)
  • SPX Flow, Inc. (U.S.)
  • Absolent Group AB (publ) (Sweden)
  • Lydall Gutsche GmbH & Co. Kg (Germany)
  • Purafil, Inc. (U.S.)
  • Freudenberg Filtration Technologies SE & Co. KG (Germany)

Air Filters Market Segmentation

Air Filters Type Outlook

  • Cartridge Filters
  • Dust Collector
  • HEPA Filters
  • Baghouse Filters
  • Others (Mist Filters and others)

Air Filters End-User Outlook

  • Residential
  • Commercial
  • Industrial

Air Filters Regional Outlook

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

The air filters market has shown significant growth and is projected to continue expanding in the coming years. Here are the key highlights based on the data:

Market Size in 2022: The air filters market was valued at USD 15.2 Billion in 2022. This indicates the total revenue generated by the industry from the sales of air filters in that year.

Projected Growth from 2023 to 2032: The market is expected to experience continuous growth in the forecast period, with a projected value of USD 16.3 Billion in 2023, increasing to USD 29.1 Billion by 2032. This forecast indicates a substantial increase in market size over the ten-year period.

Compound Annual Growth Rate (CAGR): The air filters market is estimated to exhibit a compound annual growth rate (CAGR) of 7.50% during the forecast period (2023-2032). The CAGR reflects the annual growth rate that, if sustained, would result in the projected market value by 2032.

Air Filters Industry Developments:

January 2022:

AVVIR, the innovation arm of The A.L. Group, a leading provider of cutting-edge filtration technologies, made a significant announcement regarding their latest product called IN-EX. IN-EX is a medical-grade solution designed to ensure clean indoor air. It offers a unique approach to air filtration by utilizing specialized sonochemical coating technology. With this innovation, any air filter can be transformed into a highly effective tool for eradicating bacteria and viruses. The advanced technology used in IN-EX enhances the filtration process and provides improved protection against airborne contaminants, contributing to healthier indoor environments.

June 2021:

Nanomatrix Materials introduced a revolutionary product in the air filters industry known as G1 AC Filters for Air Conditioners. These filters are made using graphene-silver nanotechnology, which results in outstanding air purification capabilities. The G1 AC Filters have demonstrated the ability to sterilize 99.9% of airborne germs, ensuring a healthier indoor air environment. Additionally, these filters efficiently filter out dust particles, improving overall air quality. Another essential feature of G1 AC Filters is their capacity to reduce harmful volatile organic compounds (VOCs) or gases, contributing to a safer and cleaner indoor atmosphere.

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