• Blog
  • x

    We are working from home under lockdown. Our team is continuously tracking the impact of COVID-19 across different industries and we will incorporate those insights in our reports. For any specific query, mail us at [email protected]

    HVAC Filters Market | Covid-19 Impact Analysis

    HVAC Filters Market | Covid-19 Impact Analysis

    HVAC Filters Market | Covid-19 Impact Analysis
    Report code - SRCE193 Delivery - 2 Weeks
    HVAC Filters Market Size, Share, Trend, Forecast, & Industry Analysis – 2020-202 See more...
    Purchase Report
    notch

    Impact of COVID-19 on HVAC Filters Market

    Covid-19 has impacted the market dynamics, competition, and global...

    See more...

    Impact of COVID-19 on HVAC Filters Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    HVAC Filters Market Insights

    HVAC Filters market is likely to witness a CAGR of 5.5% during the forecast period. The prime factors that are driving the HVAC filters market are increasing demand for HVAC systems, stringent government regulations for efficient filtration, growing awareness about indoor air quality, expanding construction sector, and technological advancements in the HVAC filters.

    HVAC Filters Market - Snapshot

    Growth

    5.5% for the next five years

    Major Material Type

    Synthetic Polymers

    Dominant Technology Type

    HEPA

    Major End-Use Industry

    Building & Construction

    Region with the highest demand

    Asia-Pacific

    Key Players

    Camfil Group, MANN+HUMMEL Group, Donaldson Company Inc., Filtration Group Corporation, Koch Filter, The 3M Company, Parker-Hannifin Corporation, Ahlstrom-Munksjö Oyj, American Air Filter Company, Inc., and Freudenberg Group  

    Wish to Get a Free Sample? Register Here

    Market Share Analysis

    HVAC-Filters-Market-Dominant-Segments

    Wish to Get a Free Sample? Register Here

    HVAC Filters Market Share: By Material Type

    Based on the material type, the market is segmented as fiberglass, synthetic polymer, carbon, and metal. The synthetic polymer material type held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. Synthetic polymers (such as PTFE, PE, PP, and Polyester) are used in the form of stretched films which increase the surface area, leading to more efficient capturing of airborne particles in HVAC systems. This is the major factor driving the demand for synthetic polymers in the HVAC filters market.

    HVAC Filters Market Share: By End-Use Industry Type

    Based on the end-use industry type, the market is segmented as building & construction, pharmaceutical, food & beverage, automotive, and others. The building & construction segment is estimated to account for the largest share of the market during the forecast period. The segment’s growth is driven by residential and commercial buildings, which majorly use HVAC systems for thermal comfort and superior indoor air quality. In addition, the growth is primarily attributed to the mounting demand for green buildings and awareness about indoor air quality as HVAC filters help in enhancing the indoor air quality.

    HVAC Filters Market Share: By Technology Type

    Based on the technology type, the HVAC filters market is segmented as electrostatic precipitators, HEPA, activated carbon, and others. The HEPA segment holds the largest share of the market and is also expected to witness a healthy growth during the forecast period. Strong demand from industries such as buildings & construction, pharmaceuticals, food & beverages, and electrical & electronics, owing to its capability to trap 99.97% of dust particles that are 0.3 microns or larger in size, are the major factors behind its dominance in the market.

    HVAC Filters Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the largest as well as fastest-growing market for HVAC filters during the forecast period, with China, Japan, and India being the major countries with lucrative growth opportunities. The growth of the market is majorly driven by significant economic development in the regions, rapidly expanding construction industry, rising global warming, and growing awareness among consumers. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

    HVAC-Filters-Market-By-Region

    Know which region offers best growth opportunities. Register Here

    Some of the major suppliers of HAVC filters are-

    • Camfil Group
    • MANN+HUMMEL Group
    • Donaldson Company Inc.
    • Filtration Group Corporation
    • Koch Filter
    • The 3M Company
    • Parker-Hannifin Corporation
    • Ahlstrom-Munksjö Oyj
    • American Air Filter Company, Inc.
    • Freudenberg Group

     

    Market Scope & Segmentation

    HVAC filters are types of air filters used to keep the indoor system parts from being clogged with dusty and other foreign materials. They are used to improve indoor air quality along with that they serve the purpose of extending the life of HVAC systems.

    HVAC filters play a crucial role in keeping the air quality intact at commercial and residential buildings. Major materials used in the manufacturing of HVAC systems are synthetic polymers, fiberglass, carbon, and metals. On the basis of technology type, HVAC filters can be categorized into electrostatic precipitators, HEPA, activated carbon, and others. HVAC filters find application in industries, such as building & construction, pharmaceutical, food & beverage, automotive, and others.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    HVAC Filters Market Research Report - Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The HVAC filters market is segmented into the following categories. 

    HVAC Filters Market Size, Share, & Forecast, by Material Type:

    • Synthetic Polymer (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Fiberglass (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Carbon (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Metal (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    HVAC Filters Market Size, Share, & Forecast, by Technology Type:

    • Electrostatic Precipitator (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • HEPA (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Activated Carbon (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    HVAC Filters Market Size, Share, & Forecast, by End-Use Industry Type:

    • Building & Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Pharmaceutical (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Food & Beverage (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    HVAC Filters Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    HVAC-Filters-Market-Segmentation

    Want to know the most attractive market segments? Register Here

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the end-use industry types by technology type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of HVAC Filters Market in the foreseeable future?

    The HVAC filters market is expected to witness an impressive growth of 5.5% CAGR in the foreseeable future.

    Who are the key players in the HVAC Filters Market?

    Camfil Group, MANN+HUMMEL Group, Donaldson Company Inc., Filtration Group Corporation, Koch Filter, The 3M Company, Parker-Hannifin Corporation, Ahlstrom-Munksj Oyj, American Air Filter Company, Inc., and Freudenberg Group are among the key players in the HVAC filters market.

    Which country/region is expected to be the largest HVAC Filters Market?

    Asia-pacific is expected to be the largest HVAC filters market in the coming five years.

    Which material type is expected to remain dominant in the HVAC Filters Market?

    The synthetic polymer material is expected to remain dominant material type in the coming years.

    •   
    FREE SAMPLE