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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.
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HVAC Filters Market 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, Precipitator, Activated Carbon, Others), By End-use Industry and By Region – Global Opportunities & Forecast, 2020- 2027 Electrostatic GMI Research GMI Research See the Future Insights 1
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 2
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 3
By End-Use Industry: •Building & Construction •Pharmaceutical •Food & Beverage •Automotive •Others By Region: •North America oUnited States of America oCanada •Asia Pacific oChina oJapan oIndia oRest of APAC •Europe oUnited Kingdom oGermany oFrance oSpain oRest of Europe •RoW oBrazil oSouth Africa oSaudi Arabia oUAE oRest of the world (remaining countries of the LAMEA region) About GMI Research GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a 4
tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries. Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve. Contact Us Company Name: GMI RESEARCH Email: enquiry@gmiresearch.com Phone: +353 1 442 8820 Address: Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate City: Dublin State: Dublin Country: Ireland Website: https://www.gmiresearch.com/ 5