HVAC Filters Market Forecast Report 2020 – 2027 – Top Key Players Analysis
The report prepared by the GMI Research includes an in-depth analysis of the global market and a thorough research undertaken by the analysts. An extensive study of this market alongside the fundamental aspects that may influence the commercialization graph of this industry has been given in the study. The market study covers various aspects such as geographical growth opportunities, market size, and important vendors in the market, driving factors, segmental evaluation, constraints, and competitive landscape.
Top Companies of the HVAC Filters Market:
- 3M Company
- PARKER-HANNIFIN Corporation
- Camfil Group
- Madison Industries
- Freudenberg Group
- SOGEFI Group
- American Air Filter Company, Inc.
- Donaldson Company, Inc.
- GVS Group S.p.A.
- Spectrum Filtration Pvt. Ltd.
Drivers of the HVAC Filters Market:
Rising consumer demand for clean indoor air quality, increasing utilization of HVAC systems across residential and commercial sectors, and rigorous government regulations for efficient air filtration are major factors accelerating the growth of the global HVAC filters market. The increasing number of air-borne diseases, respiratory infection, and the emergence of COVID-19 are further surging the demand for HVAC filters due to their ability to keep air clean while maintaining steady air circulation in the building. This factor is propelling the widespread adoption of HVAC filters during the forecast period.
Growing infrastructure development in commercial and residential sectors, along with consumer inclination for clean air quality, is fuelling the product’s demand. Increasing application of the HVAC system in various sectors including retail industry, educational institutes, residential, healthcare, airports, real estate, and metro rail due to their properties to facilitate cooling, heating, humidity control in infrastructure facility is driving the market growth for HVAC filters.
Technological advancements, the rise of smart homes, integration of HVAC controls from mobile applications, along with the increasing demand for the internet and smartphones, are some of the factors supporting the growth of the market growth. On the other hand, the growing environmental concerns owing to the emission of hydrofluorocarbons (HFCs) from HVAC systems, the variations in raw material prices, and surged operating costs are key factors hampering the growth of the HVAC filters market.
Segmentation of the HVAC Filters Market:
By System:
- Heat Pumps
- Rooftop Units
- Geothermal Heat Pumps
- Packaged Air Conditioners
- Split system HVAC
- Ductless Systems
- Hybrid HVAC systems
By Material:
- Synthetic Polymer
- Fiberglass
- Carbon
- Metal
By Technology:
- HEPA
- Electrostatic Precipitators
- Activated Carbon
- Others
By End-Use Industry:
- Building & Construction
- Pharmaceutical
- Food & Beverage
- Automotive
- Others
By Region:
- North America
o United States of America
o Canada
- Asia Pacific
o China
o Japan
o India
o Rest of APAC
- Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
- RoW
o Brazil
o South Africa
o Saudi Arabia
o UAE
o Rest of the world (remaining countries of the LAMEA region)
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