The HVAC filters market is projected to witness substantial growth by 2027, driven by rapidly rising consumer awareness towards the importance and benefits of clean and pure breathing air. Consequently, surging demand for air purification, further boosted by rising incidents of airborne infections, is projected to contribute significantly to industry growth through the assessment period. According to the latest research report by Global Market Insights, Inc., the HVAC filters market valuation is anticipated to exceed USD 16.5 billion by 2027.
Prominent HVAC filter characteristics such as high filtration efficiency, coupled with their ability to function in extreme environmental conditions, such as high moisture, heat, and cold, is slated to boost product demand in residential settings and several other end-use application avenues through the forecast period.
Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/236
A recent surge in incidences of airborne infections and contaminations have called for more research activities in the field to determine the extent of possible benefits of HVAC and other air cleaning devices against airborne contaminants. This is especially standing true during the ongoing COVID-19 pandemic situation. In April 2021, a team of researchers at the University of Melbourne presented a study that examined the efficacy of aerosol filtration by portable air purifiers with HEPA filters used along with HVAC systems.
The research study found that portable air cleaning devices with HEPA filters were highly efficient in eliminating aerosols causing the COVID-19 infection. Inexpensive portable air cleaners could be used effectively to purify the air in small and enclosed spaces especially in healthcare settings, including inpatient rooms, PPE donning stations, and staff break rooms. The research findings also suggested that HVAC ventilation could be particularly useful in spaces with limited scope of natural aerosol reduction. Such advantages of HVAC systems could create robust growth potential for the HVAC filters market in the coming years.
Based on product, pocket filters valuation surpassed USD 1 billion mark in 2020. Long service life and high dust holding capacity of pocket filters are expected to further propel segmental growth through the assessment period. Pocket filters serve as an efficient substitute for multi-layer type bag filters present in air handling units, which will further boost product demand in the future.
Furthermore, pocket filters are also available in different sizes and configurations for different types of applications. This ability to handle diverse filtration needs will foster the use of pocket filters among consumers, greatly driving the expansion of the HVAC filters market between 2021 and 2027.
In terms of applications, the non-residential sub-segment is estimated to grow at a CAGR of 6.7% over the assessment period. Rising demand for proper ventilation and indoor air purification in apartment blocks, skyscrapers, large industrial complexes, and big interior environments is anticipated to boost product demand in non-residential settings. Additionally, increasing installation of rooftop HVAC systems in commercial spaces driven would greatly shape industry outlook. Growing concerns around employee health and safety in commercial offices, particularly during the pandemic, would also drive industry growth throughout non-residential applications.
Growing awareness about the significance of designing, maintaining, and installing ventilation equipment for appropriate air exchange rates, pressure relationships, and filtration effectiveness to prevent airborne contaminants from getting inside patients’ wards and intensive care units in hospitals will also propel product demand. This surge in demand is expected to fuel the growth of the non-residential sub-segment through the analysis period.
In the regional landscape, Europe HVAC filters market is expected to observe robust growth during the forecast timeframe. Rising prevalence of chronic health diseases in the region due to changing consumer lifestyles, rising stress levels, and incorrect consumption patterns would bolster industry growth.
Browse report summary @ https://www.gminsights.com/industry-analysis/hvac-filters-market
Apart from the aforementioned factors, the region has been observing a new trend wherein consumer awareness regarding the importance of consuming hygienic and non-contaminated food has increased tremendously. Air purification benefits offered by HVAC filters will boost product demand in the coming years, thereby augmenting regional market outlook.
Several companies have been focusing their efforts on fortifying HVAC filters to tackle the novel coronavirus. A team of scientists and technology companies in the Pittsburgh area are planning to test the effectiveness of copper in air purification. The team, supported by additive manufacturing company ExOne, will be exploring applications of copper-filter technology as HVAC in buildings.
John Hartner, CEO, ExOne, stated that the team would look into the use of 3D-printed copper filters in clean rooms like operation theaters in hospitals, buildings, and air filtration on airplanes. The use of sustainable and recyclable materials such as copper in filters, would likely open up a plethora of novel growth pockets for the HVAC filters industry.
AAF, Camfil, Troy Filters Ltd., Parker Hannifin Corp, Filtration Group (Mahle Industrial Filtration), Spectrum Filtration Pvt. Ltd., Tex-Air Filters, and Freudenberg & Co. Kg. are some key players operating in the global HVAC filters market.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: [email protected]