The global air filters market size stood at USD 12.10 billion in 2019, is projected to reach USD 20.63 billion by 2027, exhibiting a CAGR of 6.9% during the forecast period.

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Air filters are an essential part of Heating, Ventilation and Air-Conditioning (HVAC) system used in internal combustion engines to remove minute particulate. These systems are used across the residential, commercial, and industrial sectors. They are an essential part of air moving devices such as terminal units, fan coils, and air handlers as they remove dirt that would otherwise cause coil blockages and fan wheel imbalances. They are not only essential for a good and healthy indoor climate, but also have a strong impact on the energy performance of buildings as well as air handling equipment. The aim of using these filters is to protect people’s health by maintaining a good hygiene level in the ventilation system and clean indoor air quality (IAQ).

The construction of green buildings and re-utilization of air filters is a growing trend. It is complimented by the increased demand for fresh indoor air. Moreover, the air filtration industry is taking necessary initiatives in order to overcome these challenges, owing to the rising awareness about sustainable environment. Today, manufacturers are adopting various air filtration techniques that focus on particulate matters, in order to filter out the globally recognized air contaminants. For instance, bio filtration is one such technique that biologically degrades air contaminants by macrobiotic oxidation process. Furthermore, recent improvements in the high tech industry have raised expectations for clean air, and there is also a need for high functionality in these filters. This ultimately, corresponds to a greater awareness for energy savings and the environment that has driven stricter environmental regulations.

Amidst the pandemic of COVID-19, several industries are adversely affected. Air filters market in HVAC industry is one the markets that is less affected, owing to the rise in importance of fresh air. As per the American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) standard 52.2, low-efficiency filters having less than 8 minimum efficiency reporting value (MERV) are unlikely to clean air. It is owing to its improper installation setup. ASHRAE have recommended two-step approach for the filtration of air to mitigate the transmission of COVID-19. The increased support by the governmental bodies including Federation of European Heating, Ventilation and Air Conditioning Association, ASHRAE and others is complimenting the rise in demand for HEPA filters, dust collector and other air quality systems in such pandemic affected situation. Modern HEPA filter is utilized in industrial applications such as automotive, manufacturing, etc. and commercial applications as it possesses the ability to trap approximately 99.95% bacterial particles that contaminates the air. HEPA filters in residential applications stops the multiplication of bacterial viruses that causes breathing difficulties. The demand for installation of air purifiers will experience rapid ascent in the future years to provide fresh indoor air quality (IAQ) in this increasing industrialization and urbanization circumstances.

LATEST TRENDS

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Growing Demand for Reusable Air Filters and Construction of Green Buildings is Laying Foundation for Future Market Growth

The manufacturers are competing in the air filters market based on factors including, dust-holding capacity, uniform air-flow supply, and filtering performance. The end-user across the globe are turning towards sustainable alternatives including, utilization of washable and reusable filters. These filters control harmful emissions by providing high indoor air quality, owing to its uniqueness in preventing microbiological growth. The washable filters can be easily cleaned by water. However, they may not improve maximum air quality but are extremely useful in wet environmental conditions. The payback on reusable filters is relatively short as it costs less than buying new air filter after every four to six months. Additionally, governmental bodies and several environmental organizations are developing green buildings standards to provide fresh indoor as well as outdoor air quality in every end-use application. According to the World Green Building Council, countries that are majorly focusing on green buildings are Australia with nearly 46%, Ireland with nearly 40%. The emerging countries are extensively focusing on providing energy-efficient air purifying products.

Therefore, rise in demand for green buildings with increased installation of reusable filters is bolstering growth.

DRIVING FACTORS

Increase in Demand Across Automotive Industry is Influencing Growth of Market

With the growth of the automotive industry, there is a vast demand for air purifier installation in all vehicles, ultimately influencing its demand. The growth is influenced by the trends such as, vehicle miles driven, vehicle park and the types of filters embedded in the vehicles. Apart from this, the demand for these filters is highly observed in the automotive industry owing to their benefits for aftermarket services.

These filters are basically used to clean the internal combustion engines and improve efficiency while shielding automotive engine components from harmful dust particles. The function of an air filter is to strain the air sucked by the engine during succession stroke. A filter removes dust and other suspended particles of air which may damage the engine of two-wheelers.

RESTRAINING FACTORS

High Initial Installation and Maintenance Cost is Causing Hindrance to Market

The demand for these filters is growing with the increasing awareness about fresh indoor air quality (IAQ). However, high maintenance cost is a major factor limiting the market surge. The cost of filter replacement is generally very high i.e. approximately USD 40 to 60 as the filter requires regular filter change every four to six months. Moreover, several commercial and industrial end-users purchase cheap filtration equipment that hampers the working environment in HVAC industrial applications. Residential, commercial and several small and medium industrial companies refuse to spend capital investment for installing air pollution control devices. Furthermore, lack of awareness about fresh indoor air quality amongst the end-users and detrimental effects of bacteria and virus contaminated air is also hampering the growth of the market across the globe.

SEGMENTATION

By Type Analysis

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Need for Clean Atmospheric Air is Anticipated to Depict Higher CAGR for HEPA Filters in the Near Future

Based on the type, the scope of the study is classified into cartridge filters, dust collectors, HEPA filters, baghouse filters and others that include mist filters. Among all, HEPA filters are anticipated to grow exponentially over the forecast period, owing to their demand across the industrial, residential and commercial sectors. They are used to eliminate the contaminants or droplets and sub-micron sized particles from the air. They have a special capability to attract particles with their embedded advanced diffusion techniques. HEPA filters have high efficiency, i.e. greater than 99.97% to remove dust particles, therefore have high opportunities to gain traction across the automotive, healthcare, residential & commercial buildings, etc.

Dust collectors held the highest share in 2019 are anticipated to grow significantly over the forecast period due to its ability to manage air quality.

Mist collector, baghouse filter and cartridge filter also have a considerable market share and anticipated to supplement the market growth.

By End-user Analysis

The rising need of Air Filters in Industrial Sector is Anticipated to Exhibit Highest Market Share

Based on end-user, the market is segmented into residential, commercial, and industrial end-users, wherein the industrial sector holds the highest share. Demand across the industrial sector is estimated to grow significantly due to its rising need in manufacturing sites. This is further expected to spur the growth of the market. In the industrial sector, they are used to protect and filter out the sensitive dust particulate. In addition to this, these filters are used to protect advance and sensitive manufacturing processes, thereby minimizing the risks of molecular and microbiological contamination. Among the industrial segments, the automotive industry held the highest share since this type of filter plays a vital role in all vehicles.

The commercial and residential sectors hold substantial shares to the increasing demand of the air purification across the commercial and residential buildings.

REGIONAL INSIGHTS

North America Air Filters Market Size, 2019 (USD Billion)

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The air filtration market value is categorized on the basis of regions namely, North America, Asia Pacific, Middle-East Africa and Latin America.

North America held the highest market share owing to the growth of the automotive industry in the region. Additionally, the rising demand for automobiles is expected to stimulate the production of these filters in the forecast years. Additionally, the demand for these filters is fostered by the increase in preventive measures undertaken by the American Government to overcome the challenges caused by air pollution from the manufacturing industries.

The production of air purifiers is expected to have an increasing growth rate in the Asia Pacific region, owing to the rapid urbanization and industrialization across developing countries such as China and India. The increasing industrialization and urbanization leads to rise in air pollution levels across China, India, and others. In order to avoid such circumstances, governments are taking several initiatives. For instance, in January, 2018 China launched the biggest air purifier and received a positive feedback from the adjacent residential and commercial sectors. Such innovations are anticipated to promote the regional market growth in the coming years.

Europe is also expected to witness significant market growth in Germany, Italy and Spain. Several government initiatives and stringent rules and regulations are expected to be the major factors enhancing the air in the European region. The Middle East and Africa and Latin America markets are expected to witness steady growth rate over the forecast period.

KEY INDUSTRY PLAYERS

MANN+HUMMEL is Emphasizing on Expanding Filtration Product Offerings Through Technological Advancements

The company is intended on diversifying filtration product portfolio in existing as well as newly captured market with technological developments such as nanofiber technology, etc. It provides anti-allergy and anti-microbial functions in commercial and industrial applications. Moreover, MANN+HUMMEL’s two-stage air filter series named ‘ENTARON HD’ is smaller than traditional air filters and it offers excellent installation space flexibility.

Prominent Players are Focusing to Strengthen their Position by Various Product Offerings

Prominent players are focusing to acquire mid-sized companies in order to expand its presence across the globe. For instance, Daikin with its subsidiaries AAF, and Nippon Muki Co. Ltd., are emphasizing on expanding their product portfolio for applications in buildings, engineering fields, factories and others. Additionally, the companies are indulged in manufacturing efficient filtration systems with low manufacturing cost.

List of Key Companies Profiled:



Daikin Industries, Ltd. (Japan)



Camfil Group (Sweden)



Mann+Hummel (Germany)



American Air Filter Company, Inc. (U.S.)



Be Cummins, Inc. (U.S.)



Donaldson Company, Inc. (U.S.)



Freudenberg & Co. Kg. (Germany)



SPX Corporation (U.S.)



Absolent Group (Sweden)



Gutsche (Germany)



Purafil, Inc. (U.S.)



KEY INDUSTRY DEVELOPMENTS:



January, 2018 - China developed the biggest air filter in the world standing at over 100 meters (328 feet) high. This project is undergoing a testing phase by researchers at the Institute of Earth Environment at the Chinese Academy of Sciences to quantify its effectiveness.





January, 2017 - American Air Filter Co. Inc., and its subsidiary Flanders Corp., announced the acquisition of Phoenix-based Air Filter Products (AFP), which is one of the oldest HVAC air filter service companies in the United States.



FUTURE SCENARIO

The global market will observe a moderate downfall in the year 2020 and may continue for a longer term as the outlook seems dynamic. This is owing to, the improved high MERV rated filters and improved HEPA filters with strongly charged magnetic effect and its overall utilization in industrial spaces to minimize the risk of microbiological contamination. Additionally, various organizations across the globe are continuously focusing to address the challenges amidst COVID-19 by introducing advanced technical resources in the HVAC industry. Therefore, the future of this global market shows enormous potential.

REPORT COVERAGE

The report provides detailed information regarding various insights of the market. Some of them are growth drivers, restraints, competitive landscape, regional industry analysis, and challenges. It further offers an analytical depiction of the market, current trends and estimations to illustrate the forthcoming investment pockets. The market is quantitatively analyzed from 2020 to 2027 to provide the financial competency of the market. The information gathered in this report has been taken from several primary and secondary sources.

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