A Newly Published Study Shares Insights on How to Prepare for a New Normal in the Global Air Filters and Filtration Equipment Market
The global market for Air Filters and Filtration Equipment is projected to reach US$11.3 billion by 2025, driven by the alarming rise in air pollution levels worldwide and the ensuing urgent need for improving air quality.
Global Industry Analysts, Inc. (GIA) launches comprehensive analysis of industry segments, market trends, growth drivers, market share, size and demand forecasts on the global Air Filters and Filtration Equipment market. Report segmentation include Product Segment (Mechanical Filters, Gas Phase Filters, Electronic Filters); and Application (Industrial, Commercial, Residential).
10 June 9:48 A.M., California/Marketwire/ - According to the new market research report, the global market for Air Filters and Filtration Equipment is projected to reach US$11.3 billion by 2025, driven by the alarming rise in air pollution levels worldwide and the ensuing urgent need for improving air quality. The ongoing COVID-19 pandemic, which mainly transmits through the respiratory droplets expelled by affected patient and also through airborne micro droplets, is likely to trigger a spike in the demand in 2020 and the market will be reset to a new normal which going forwards in a post crisis era will be continuously redefined and redesigned.
With studies strongly suggesting that the COVID-19 aerosols stay in the air for a considerable amount of time, air purification solutions are gaining traction. While COVID-19 pandemic has a greater role in demand expansion in the short-term, the long-term growth in the market would be supported by stringent emission norms being implemented in the industrial and manufacturing sectors; rising incidence of asthma and other chronic respiratory illnesses; and the sustained threat of other zoonotic airborne diseases such as SARS, and Ebola, among others. Tighter air emission standards set in place by worldwide environmental agencies for the automotive industry will especially remain a major growth enabler. Developments in nanotechnology as well as innovative newer filter technologies such as bio-based air filters in response to the continued pressure to meet the increasingly stringent environmental standards will positively influence market prospects in the near term. Roll out of high efficiency semi-HEPA, HEPA, and ULPA filters capable of eliminating over 99.99% of airborne indoor particles, potentially widens the future market prospects.
Key Competitors Covered in the Report
Aerospace America Inc.
Airex Filter Corporation
AIRTECH Japan Ltd.
Bruce Air Filter Company
Clarcor Air Filtration Products Inc.
Clarcor Industrial Air
Donaldson Co. Inc.
Filtration Group Inc.
Filtration Systems Products Inc.
Freudenberg Filtration Technologies
Koch Filter Corporation
Nordic Air Filtration A/S
Spectrum Filtration Pvt. Ltd.
Geographies Analyzed in the Report
Europe (France, Germany, Italy, UK, Spain, Russia, Rest of Europe)
Asia-Pacific (Australia, India, South Korea, Rest of Asia-Pacific)
Latin America (Argentina, Brazil, Mexico, Rest of Latin America)
Middle East (Iran, Israel, Saudi Arabia, UAE, Rest of Middle East)
This latest edition of the research study is conducted and published by Global Industry Analysts, Inc., in close collaboration with senior executives in the industry driving strategy, business development, marketing, sales, product management, technology and operations. All analysis and findings published in the report are based on validated engagements from a total executive pool size of 4272. Among this pool, 769 direct interactions with domain experts were carried out via our proprietary market research platform, MarketGlass. Among the 128 unique participations, a total of 58 validated responses were received as part of this report's primary research outreach program. We are unique in the industry to provide our clients with the validated list executive engagements and the complete project data stack.
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) (www.strategyr.com) is the world's only influencer driven AI powered market research company. Serving more than 41,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for 33 years, offering the widest coverage of topics, geographic markets, competitive brands, and companies profiled.
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Global Industry Analysts, Inc.