Global HVAC Air Filter Market Research Report 2021
HVAC Air Filter refers to an air cleaning device used in HVAC systems. HVAC is the abbreviation of Heating, Ventilation and Air Conditioning. It refers to the system or related equipment for heating, ventilation and air conditioning indoors or in the car. It can also be referred to as HVAC system for short. The air filter, which is specially used to filter solids, suspended solids or harmful gases such as dust and particles in the air, is an important part of the HVAC system.
The key manufacturers HVAC Air Filter in United States include Parker Hannifin, Filtration Group and 3M. Parker Hannifin and Filtration Group counted top two revenue share spots in United States HVAC Air Filter market in 2018. Parker Hannifin dominated with 20.4% revenue share, followed by Filtration Group with 10.35% revenue share in 2018.In recent years, thanks to the emergence of new materials and new processes, the design of HVAC air filters has made significant progress. In high efficiency air filtration and dust collection applications, membrane filters may replace micro glass fiber filters. In addition, HVAC air filters have made great progress in special performances such as high temperature resistance, corrosion resistance and waterproofing, which are beneficial to meet the requirements of some special application industries. In the future, the development of high temperature filters will be further accelerated.
The demand of Air Filters all over the world increased year by year. Growing consumer awareness for contamination free air and reduction in airborne diseases would propel HVAC filters industry growth. Particulate contaminants include several airborne physical matters like microorganisms, pollens, dust, smoke, and fumes which are harmful for environment. The product provides effective means to control toxins by reducing their concentrations to adequate levels or eradicating them from the ventilation air, thereby stimulating market growth.
Market Analysis and Insights: Global HVAC Air Filter Market
The global HVAC Air Filter market was valued at US$ 9944.8 million in 2019 and it is expected to reach US$ 15710 million by the end of 2026, growing at a CAGR of 6.7% during 2021-2026.
Global HVAC Air Filter Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global HVAC Air Filter Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Pleated HVAC Air Filter
Panel HVAC Air Filter
Others
In 2018, Pleated HVAC Air Filter accounted for a major share of 86% in the United States HVAC Air Filter market. And this product segment is poised to reach 135 M Units by 2025 from 94 M Units in 2018.
Segment by Application
Industrial
Commercial
Residential
In HVAC Air Filter market, Industrial segment holds an important share in terms of application, and it is expected to reach a volume of 85 (M Units) by 2025, at a CAGR of 4.89% during 2018 and 2025. It means that HVAC Air Filter will be promising in the Industrial field in the next couple of years.
By Company
Parker Hannifin
Filtration Group
3M
Honeywell
Daikin Industries
Lennox International Inc.
Camfil
MANN+HUMMEL
Donaldson
Cummins
Tex-Air Filters
Koch Filter (Johnson Controls)
Production by Region
North America
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
The key manufacturers HVAC Air Filter in United States include Parker Hannifin, Filtration Group and 3M. Parker Hannifin and Filtration Group counted top two revenue share spots in United States HVAC Air Filter market in 2018. Parker Hannifin dominated with 20.4% revenue share, followed by Filtration Group with 10.35% revenue share in 2018.In recent years, thanks to the emergence of new materials and new processes, the design of HVAC air filters has made significant progress. In high efficiency air filtration and dust collection applications, membrane filters may replace micro glass fiber filters. In addition, HVAC air filters have made great progress in special performances such as high temperature resistance, corrosion resistance and waterproofing, which are beneficial to meet the requirements of some special application industries. In the future, the development of high temperature filters will be further accelerated.
The demand of Air Filters all over the world increased year by year. Growing consumer awareness for contamination free air and reduction in airborne diseases would propel HVAC filters industry growth. Particulate contaminants include several airborne physical matters like microorganisms, pollens, dust, smoke, and fumes which are harmful for environment. The product provides effective means to control toxins by reducing their concentrations to adequate levels or eradicating them from the ventilation air, thereby stimulating market growth.
Market Analysis and Insights: Global HVAC Air Filter Market
The global HVAC Air Filter market was valued at US$ 9944.8 million in 2019 and it is expected to reach US$ 15710 million by the end of 2026, growing at a CAGR of 6.7% during 2021-2026.
Global HVAC Air Filter Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global HVAC Air Filter Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Pleated HVAC Air Filter
Panel HVAC Air Filter
Others
In 2018, Pleated HVAC Air Filter accounted for a major share of 86% in the United States HVAC Air Filter market. And this product segment is poised to reach 135 M Units by 2025 from 94 M Units in 2018.
Segment by Application
Industrial
Commercial
Residential
In HVAC Air Filter market, Industrial segment holds an important share in terms of application, and it is expected to reach a volume of 85 (M Units) by 2025, at a CAGR of 4.89% during 2018 and 2025. It means that HVAC Air Filter will be promising in the Industrial field in the next couple of years.
By Company
Parker Hannifin
Filtration Group
3M
Honeywell
Daikin Industries
Lennox International Inc.
Camfil
MANN+HUMMEL
Donaldson
Cummins
Tex-Air Filters
Koch Filter (Johnson Controls)
Production by Region
North America
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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