The Global HVAC Filters Market Report offers extensive knowledge and information about the HVAC Filters Market pertaining to market size, market share, growth influencing factors, opportunities, and current and emerging trends. The report is formulated with the updated and latest information of the global HVAC Filters Market further validated and verified by the industry experts and professionals. The Global HVAC Filters Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the HVAC Filters Market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.This growth of the market can be attributed to the increasing awareness among people regarding deterioration of indoor air quality. Moreover, the rising need to reduce excessive dirt and debris built up in HVAC systems causing early system failure and expensive repairs is also boosting the demand for HVAC filters. Increasing research and development activities for production of high-efficiency HVAC filters, which can reduce allergens and dust, are also augmenting the market for HVAC filters.
The Global HVAC Filters Market report serves as an accurate database providing the precise market estimations based on a detailed industry analysis. The highly professional report is targeted at readers and businesses interested in this sphere. Our team of analysts has employed primary and secondary research methodologies to determine the estimated market share over the projected timeframe, as well as to analyze the major market segments, including regional bifurcation. The report enumerates the key market players, scrutinizing their strategic initiatives such as collaborations partnerships, mergers acquisitions, joint ventures, technological innovation, and new product launches. The analysts have implemented several industry-leading methods for data collection. The report elaborates on the current scenario by taking a closer look at the major players, cost structures, and product pricing. Therefore, the latest report focuses on several pivotal factors influencing market growth, including market size, sales volume, revenue forecast, regional concentration, and ongoing market trends.
The latest research report is inclusive of a precise summary of the intensely competitive landscape of the global HVAC Filters Market. It offers a systematic presentation of the company profiles of the leading market players. This section of the report analyzes the effective initiatives undertaken by these players for business expansion in the long run. In addition, this section highlights the key developments and financial positions of these companies to explain the overall market scenario. The company profiles of the established and new players have been assessed using certain effective analytical tools, such as Porter’s Five Forces analysis and SWOT analysis.
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Key Highlights of Report
In April 2020, Camfil Svenska AB, an air filter company, announced that the company had acquired Resema AB, its fellow Sweden-based filter company, and Resema A/S, its Denmark-based sister company. The acquisition is expected to strengthen the company’s position in the air filtration industry in the Nordic region.
The HEPA segment held the largest market share of 49.9% in 2019. Increasing prevalence of asthma among people is driving the demand for HEPA air purifiers, as they remove common household allergens such as mite feces, mold spores, and household dust particles.
The synthetic polymer segment is anticipated to expand at the most rapid CAGR of 5.8% during the forecast period. High mechanical resistance of synthetic polymers reduces the chances of contamination of filtered air by fibers or gases coming from the filter material itself. This factor is driving the segment.
The building construction segment accounted for the largest share of the HVAC filters market in 2019. New residential construction projects have increased the adoption of HVAC systems and air filters.
The Asia Pacific region accounted for the largest share of the global HVAC filters market in 2019. Increasing infrastructure development activities in residential and commercial sectors in the region have driven the demand for HVAC filters in Asia Pacific.
Key market participants include Camfil, 3M Company, Mann+Hummel, Parker-Hannifin Corporation, American Air Filter Company, Inc., Ahlstrom-Munksjö, Donaldson Company, Filtration Group Corporation, Sogefi Group, and Freudenberg Group
Regional Landscape
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Segments Covered in this Report
Technology Outlook (Volume: kilo Tons) (Revenue, USD Billion; 2017–2027)
Electrostatic Precipitators
HEPA
Activated Carbon
Others (Ionic Filtration and UV Filtration)
Material Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017–2027)
Carbon
Fiberglass
Metal
Synthetic Polymer
End-user Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017–2027)
Pharmaceutical
Automotive
Building Construction
Food Beverage
Others
Regional Outlook (Revenue, USD Million; 2017–2027)
North America
Europe
Asia Pacific
Latin America
Middle East Africa
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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
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