The sustainable air filters market is expected to reach a market size of 28.25 Billion by 2028 and register a CAGR of 7.1% during the forecast period, according to latest analysis by Emergen Research. The steady projected revenue growth can be attributed to technological advancements in air filters, increasing industrialization and urbanization, and increasingly stringent norms and regulations regarding carbon emissions and air pollution, as well as air quality levels and worker safety at workplace and in industries, which is driving demand for sustainable air filters.
Due to the increasing demand for ecologically friendly air filters for use in manufacturing facilities, the industrial sector generated the largest revenue share. In industrial operations, more advanced sustainable air filters are used to filter out fine dust particles and pollutants in order to lower the risk of microbiological contamination and health concerns. In order to produce more advanced air filters that are also more environmentally friendly, air filter manufacturers are spending more money on research and development. They are focusing on elements like the Minimum Efficiency Reporting Value (MERV Rating), Dust Holding Capacity (DHC), media quality, average pressure drop, and airflow resistance. To produce environmentally friendly air filters, several components are required.
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Our report contains current and latest market trends, market shares of companies, market forecasts, competition benchmarking, competition mapping and an in-depth analysis of the most important sustainability tactics and their impact on market growth and competition. To estimate quantitative aspects and segment the global Sustainable air filters market, we used a recommended combination of top-down and bottom-up approaches.
Some Key Highlights from the Report :
In 2018, Germany-based filtration solution company, Mann+Hummel, acquired Hardy Filtration, which is a Canada-based air filtration company to expand its global footprint and manufacturing capabilities.
In January 2020, Japanese electronics firm, Sharp, expressed its interest to scale up its air purifier business in India to meet rising demand in both consumer as well as B2B spaces.
The market in Asia Pacific is expected to register a high revenue CAGR over the forecast period due to increasing industrialization and urbanization. Companies in countries such as Japan, India, and China are continuously developing more advanced sustainable air filters and related devices to achieve better air quality levels.
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Competitive Landscape and Sustainable Air Filters Market Share Analysis :
Details about each competitor are provided in the competitive landscape for sustainable air filters. The company’s financials, revenue generated, market potential, investment in R&D, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance are among the details that are included. The data points mentioned above only pertain to the companies’ market focus on sustainable air filters.
Key players in the market include
Donaldson Company, Inc., American Air Filter Company, Inc., Absolent Group, Camfil Group, Cummins Inc., Fruedenberg SE, Nippon Muki Co. LTD., MANN+HUMMEL, Koch Filter, NORDIC AIR FILTRATION, and Purafil Inc.
Key Questions Answered in this Report:
What are the underlying structures resulting in the emerging trends within the sustainable air filters market?
How is the role of government regarding environmental issues and safety changing the landscape of air filters?
Which air filter type is expected to be leading the sustainable air filters market by 2028?
What were the market values of the leading segments and sub-segments of the Asia-Pacific market in 2019, and how is the market estimated to grow during the forecast period 2020-2028?
How is the industry expected to evolve during the forecast period 2021-2028?
What are the key developmental strategies implemented by the key players to sustain in the competitive market?
Segmented the global Sustainable air filters market:
Emergen Research has segmented the global sustainable air filters market on the basis of product, end-use, and region:
Product Outlook (Revenue, USD Billion; 2021–2028)
HEPA/ULPA Filters
Pleated Filters
Baghouse Filters
Carbon Air Filters
Fiberglass Filters
Others
End-use Outlook (Revenue, USD Billion; 2021–2028)
Industrial
Commercial
Residential
Pharmaceutical
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The research scrutinizes new growth opportunities, carried out with an in-depth analysis of the global Sustainable air filters marketon the basis of development, and data analysis accounting for every aspect of the Sustainable air filters market. Moreover, the report delivers information on regions, types, key drivers, trends, challenges, applications, annual growth rates, forecasts, and market size (quantity and value), and market segment by region.
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