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.
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.
Key Topics Covered:
Global Air Filters Market Size, Share & Forecast
Segmental Analysis - By Type (Medium Efficiency, HEPA, Low Efficiency, Gas Phase & Others), By Application (HVAC, Automotive, Bag House, Cleanroom & Gas Turbine), and By End Use Sector (Industrial, Commercial & Residential),
Regional Analysis - North America, Asia-Pacific, Europe, Middle East & Africa, and South America