Air Filtration Media Market Trends

  • Report ID: 3070
  • Published Date: Apr 20, 2023
  • Report Format: PDF, PPT

Air Filtration Media Market Trends

Growth Drivers

  • Growing Industrialization and Urbanization across the World with Increasing Economic Standards

Industries such as wood, plastic, and metal manufacturing units generate huge amounts of particles that are not visible to the naked eye but when inhaled leads to many complications. In developed countries rising occupational respiratory tract illnesses in the mining sector around the world are also expected to boost market expansion over the forecast period.

As per the predictions made in 2020, more than 60% of people across the world are estimated to live in developed countries by the end of 2050.

  • Stringent Regulation Regarding Emissions to Reduce Environmental Pollution around the Globe – The United States Environmental Protection Agency declared new standards in 2023 for passenger cars and light trucks on greenhouse gas emissions.

  • Rising Health Issues of the Respiratory Tract with Inhalation of Pollutant Air – As of Pan American Health Organization in 2019, more than 534,000 people died of chronic respiratory diseases in the U.S.

  • Increasing Air Pollution with the Use of Automobiles across the World – As of 2021, the pollution released in the atmosphere of the United States was estimated to be more than 65 million tons.

  • Escalating Mining Works and Extraction of Minerals and Metals from Ores – The global value of mining works in 2020 was estimated to be more than USD 1640 billion and reached USD 1840 billion by the end of 2021.

Challenges

  • High Ozone Emissions via Air Filters –

The air filters work by consuming ionizers and electrostatic precipitators or any other devices which are estimated to release ozone. This is estimated to be harmful as it is absorbed physically and inhaled as gases in the human body.

  • High Cost Associated with Air Filters

Lack of Awareness of Risks Caused by Dust particulates

Air Filtration Media Market: Key Insights

 

Base Year

2022

Forecast Year

2023-2035

CAGR

~7%

Base Year Market Size (2022)

~ USD 0.4 Billion

Forecast Year Market Size (2035)

~ USD 1 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

 

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Browse Key Market Insights with Data Illustration:


Author Credits:  Richa Gupta


  • Report ID: 3070
  • Published Date: Apr 20, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing industrialization and urbanization along with rising demand for HEPA filters for industrial applications are the major factors responsible for the growth of the market.

The market size of air filtration media is anticipated to attain a CAGR of 7% over the forecast period, i.e., 2023-2035.

High ozone emissions via air filters and high associated costs with air filters are estimated to be the growth hindering factors for the market expansion.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are AIM Nonwovens and Interiors Private Limited, Schweitzer-Mauduit International, Inc., Cabot Corporation, Donaldson Company Inc., 3M Company, Calgon Carbon Corporation, Freudenberg Filtration Technologies, Ahlstrom-Munksjo, Lydall, Inc., Camfil AB., and others.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by filter type, media type, reusability, grade, application, providers, and end-user.

The commercial segment is anticipated to hold largest market size in value and is estimated to display significant growth opportunities.
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