Global Air Filters Market By Type (Medium Efficiency, HEPA, Low Efficiency, Gas Phase, etc.), By Application (HVAC, Automotive, Bag House, Cleanroom & Gas Turbine), By End Use Sector, By Region, Competition Forecast and Opportunities, 2011 - 2021
Deteriorating air quality due to increasing urbanization and industrialization are increasing pollution levels, and thereby, driving need for air filtration systems in residential, commercial as well as industrial sectors. Increasing health awareness among consumers, rising consumer disposable income levels and implementation of stringent regulations pertaining to air quality in automotive and other industries is also fueling the global air filters market. Technological advancements and expansion plans of leading air filter companies in different geographies across the globe is projected to positively influence the air filters market over the next five years. Moreover, increasing government focus towards adopting modern equipment in the existing manufacturing and industrial set-ups is expected to augment demand for HVACs, cleanrooms and baghouses in the coming years, thereby boosting sales of air filters through 2021.
According to “Global Air Filters Market By Type, By Application, By End Use Sector, By Region, Competition Forecast and Opportunities, 2011 - 2021”, the global market for air filters is forecast to cross $ 20 billion by 2021, due to rising demand from process industry, oil & gas and power sector. Medium efficiency air filters and HEPA filters dominate the global air filters market due to rising quality centric approach of end users in developed as well as major developing economies. Asia-Pacific is the largest regional market in global air filters market on account of increasing demand from diverse sectors including pharmaceuticals, electronics and microelectronics, construction, refineries, and petrochemical. “Global Air Filters Market By Type, By Application, By End Use Sector, By Region, Competition Forecast and Opportunities, 2011 - 2021” report elaborates following aspects related to the global air filters market: