Dublin, Feb. 18, 2022 (GLOBE NEWSWIRE) — The “HVAC Filters Market by Material (Fiberglass, Synthetic Polymer, Carbon, Metal), Technology (HEPA, Electrostatic Precipitator, Activated Carbon), End-use Industry (Building & Construction, Pharmaceutical, Food & Beverage) & Region – Global Forecast to 2026” report has been added to ResearchAndMarkets.com’s offering.
The global HVAC filters market is estimated to be USD 3.5 billion in 2021 and is projected to reach USD 4.5 billion by 2026, at a CAGR of 5.0% from 2021 to 2026.
The driving factor for the HVAC filters market is increasing demand for HVAC systems, growing awareness about indoor air quality, and government regulations and policies for efficient filtration. Further, increasing investments in the construction sector and technological advancements in HVAC filters are expected to offer significant growth opportunities to manufacturers.
Synthetic polymer is expected to be the fastest-growing material segment in the HVAC filters market during the forecast period.
Synthetic polymers are used for efficient filtration in residential and industrial HVAC systems. Polytetrafluoroethylene (PTFE), polyester, poly-vinylidene fluoride (PVDF), polyethylene, and polypropylene are used for the manufacturing of filter materials. The filtration of air in a synthetic polymer material occurs on its surface, whereas in fiberglass, the filtration happens within the filters. This property makes synthetic polymers suitable for application in industries such as pharmaceutical, food & beverage, automotive, and electronics & semiconductor. Synthetic polymer filter materials are available in the form of pleats or stretched films, which are either made from spun-bond or melt-blown manufacturing processes.
The pleats increase the surface area and make the filters more efficient at capturing airborne particles in the HVAC systems. Pleated synthetic polymer air filters, with a rating of 7-13, can provide more efficiency as compared to high-efficiency particulate air (HEPA) filters but at a lower cost. Due to their durability, these filters can be washed and reused. Pleated synthetic polymer air filters are abundantly available, have lesser airflow resistance compared to HEPA filters, and support the silent operation of the blower fan of the HVAC system.
HEPA segment is expected to be the largest technology in the HVAC filters market during the forecast period.
HEPA technology consists of a filter that forces air through a thin mesh, which traps harmful particles such as pollens, molds, pet dander, bacteria, and dust mite debris to prevent them from entering the ambient 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 trap 99.97% dust particles that are 0.3 microns or larger in size.
HEPA filters have diverse application areas, including residential buildings, pharmaceutical production, food & beverages, and clean rooms in the electronics & semiconductor industry, among others. In the pharmaceutical industry, HEPA filters are installed in the production spaces, which are required to be free from contaminants. These filters also protect patients from infection and employees and visitors from airborne organisms. The only disadvantage of the HEPA filter technology is that it generates a barrier for smooth airflow, which may result in the failure or low performance of HVAC systems.
APAC is the largest market for HVAC filters
APAC accounted for the largest share of the HVAC filters market in 2020. Improved economic conditions of developing countries and rising global warming have contributed to the growth of the HVAC filters market in the region.
The HVAC filters market in APAC has been segmented into China, Japan, India, South Korea, Indonesia, Australia, and the Rest of APAC. China is projected to dominate the market during the forecast period, owing to the growing commercial building construction in the country. On the other hand, the market in India is projected to register the highest growth rate owing to rapid urbanization & industrialization, growing disposable incomes, and increasing building and construction activities in the country.
In APAC, several associations, including the Indian Society of Heating, Refrigerating and Air Conditioning Engineers (ISHRAE), Australian Institute of Refrigeration Air-conditioning and Heating (AIRAH), 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), support the adoption of efficient HVAC systems. This support drives the market for HVAC filters in the region.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in HVAC Filters Market
4.2 HVAC Filters Market, by Material
4.3 HVAC Filters Market, by Technology
4.4 HVAC Filters Market, by End-Use Industry
4.5 HVAC Filters Market, by Region
4.6 HVAC Filters Market: Major Countries
5 Market Overview
5.2 Market Dynamics
22.214.171.124 Increasing Demand for HVAC Systems
126.96.36.199 Growing Awareness About Indoor Air Quality
188.8.131.52 Government Regulations and Policies for Efficient Filtration
184.108.40.206 Rising Environmental Concerns
220.127.116.11 Increasing Investments in Construction Sector
18.104.22.168 Technological Advancement in HVAC Filters
22.214.171.124 Higher Cost and Maintenance of Efficient HVAC Filters
5.3 Porter’s Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
5.4 Environmental Factors
5.5 COVID-19 Impact on HVAC Filters Market
5.5.1 Impact of COVID-19 on HVAC Industry
126.96.36.199 Impact of COVID-19 on Building & Construction Industry
188.8.131.52 Impact of COVID-19 on Pharmaceutical Industry
184.108.40.206 Impact of COVID-19 on Food & Beverage Industry
220.127.116.11 Impact of COVID-19 on Automotive Industry
18.104.22.168 Impact of COVID-19 on Various Countries
6 HVAC Filters Market, by System
6.2 Heat Pumps
6.3 Rooftop Units
6.4 Geothermal Heat Pumps
6.5 Packaged Air Conditioners
6.6 Split System HVAC
6.7 Ductless Systems
6.8 Hybrid HVAC Systems
7 HVAC Filters Market, by Material
7.2 Synthetic Polymer
7.2.1 High Efficiency, Washability, and Longevity to Increase Uses
7.3.1 Low Cost, Dimensional Stability, Design Flexibility, and Excellent Electrical Properties to Increase Demand
7.4.1 Ability to Absorb Odors and Gases to Fuel the Demand
7.5.1 Easy Cleaning and Reusability Make It Suitable for HVAC Systems
8 HVAC Filters Market, by Technology
8.2.1 Rising Demand for Highly Efficient HVAC Filters in Pharmaceutical, Food & Beverage, and Semiconductor Industries
8.3 Electrostatic Precipitator
8.3.1 Low-Pressure Drop and Washable Properties to Drive Demand
8.4 Activated Carbon
8.4.1 Increasing Demand for Odor, Gas, and Toxic Fumes Control Filters
9 HVAC Filters Market, by End-Use Industry
9.2 Building & Construction
9.2.1 Increasing Demand for Green Buildings and Awareness About Indoor Air Quality
9.3.1 Increase in Demand for High-Efficiency Filters for Critical Manufacturing Processes
9.4 Food & Beverage
9.4.1 Increase in Demand for Improved Air Quality in Food Processing Plants
9.5.1 Increase in Vehicular Traffic and Air Pollution
10 HVAC Filters Market, by Region
11 Competitive Landscape
11.2 Competitive Leadership Mapping
11.2.2 Emerging Leaders
11.2.4 Emerging Companies
11.3 Strength of Product Portfolio
11.4 Business Strategy Excellence
11.5 Market Share of Key Players in HVAC Filters Market, 2020
12 Company Profiles
12.1 3M Company
12.2 Parker-Hannifin Corporation
12.3 Camfil Ab
12.5 American Air Filter Company, Inc.
12.6 Donaldson Company, Inc.
12.8 Filtration Group Corporation
12.9 Freudenberg Group
12.10 Sogefi Group
12.11 Gvs Group
12.12 Spectrum Filtration Pvt. Ltd.
12.13 Emirates Industrial Filters LLC
12.14 Koch Filter
12.15 Sandler Ag
12.16 Troy Filters Ltd.
12.17 Dha Filter
12.18 General Filter Havak
12.19 Johns Manville
12.20 Hollingsworth & Vose
12.21 Other Players
12.21.1 Air Filters, Inc.
12.21.2 Tex-Air Filters
12.21.3 A-J Manufacturing
12.21.4 Filt Air Ltd.
12.21.5 Airsan Corporation
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- Global HVAC Filters Market