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Air Filters and Filtration Equipment - Global Strategic Business Report

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    Report

  • 678 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 338710
The global market for Air Filters and Filtration Equipment is estimated at US$10.7 Billion in 2023 and is projected to reach US$13.4 Billion by 2030, growing at a CAGR of 2.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Mechanical Filters segment, which is expected to reach US$10.7 Billion by 2030 with a CAGR of 2.9%. The Gas Phase Filters segment is also set to grow at 2% CAGR over the next 8 years.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $3.1 Billion in 2023, and China, forecasted to grow at an impressive 4.2% CAGR to reach $1.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Air Filters and Filtration Equipment Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Air Filters and Filtration Equipment Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Air Filters and Filtration Equipment Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Alfa Laval AB, Atlas Copco Group AB, ACDelco, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 197 Featured):

  • Alfa Laval AB
  • Atlas Copco Group AB
  • ACDelco
  • 3M Deutschland GmbH
  • Cummins Filtration
  • Bright Sheland International Co., Ltd.
  • Bosch Ltd.
  • CECO Environmental Corporation
  • Alen Corporation
  • Baldwin Filters, Inc.
  • Bernd Munstermann GmbH & Co. KG
  • A.L.Filter (A. L. Group)
  • Blueair AB
  • Camfil AG
  • ATMOS 360 Manufacturing.

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Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • An Introduction to Air Filters and Filtration Equipment
  • Composition of the Air We Inhale by Component (in %)
  • Classification of Air Filters Based on Filtration Capacity
  • Classification of Air Filters Based on Filter Media
  • Classification of Air Filters Based on Form Factor & Functionality
  • Operating Characteristics of Air Filters
  • Air Filters and Filtration Equipment: Current Market Scenario and Outlook
  • Product Segment Analysis
  • Mechanical Air Filters: Largest Product Category
  • HEPA Air Filters Accelerate Overall Growth in Mechanical Air Filters Vertical
  • Gas-phase Air Filters Assume Importance
  • Electronic Air Filters Make a Cut
  • While Developed Regions Remain Major Revenue Contributors, Developing Regions Emerge as Hot Spots for Future Growth
  • STable Economic Scenario Poised to Improve Prospects for Air Filtration Equipment
  • COMPETITIVE SCENARIO
  • A Note on Leading Players in the Air Filtration Equipment Market
  • Mergers & Acquisitions and Geographic Expansions: The Current Norm
  • Major Competitive Factors in the Marketplace
  • Dispersion of Knowledge: An Important Competitive Variable
  • Recent Market Activity
  • Air Filters and Filtration Equipment - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
  • 3M Company (USA)
  • A.L.Filter (Israel)
  • AAF Flanders (USA)
  • Ahlstrom-Munksjo (Finland)
  • Airex Filter Corporation (USA)
  • AIRTECH Japan Ltd. (Japan)
  • Atlas Copco AB (Sweden)
  • Blueair AB (Sweden)
  • Camfil Group (Sweden)
  • Cummins, Inc. (USA)
  • Parker-Hannifin Corporation (USA)
  • Donaldson Co., Inc. (USA)
  • Dust Free(R) Inc. (USA)
  • Filtration Group Inc. (USA)
  • Purafil Inc. (USA)
  • Filtration Systems Products Inc. (USA)
  • Freudenberg Group (Germany)
  • Freudenberg Filtration Technologies (Germany)
  • GVS Group (Italy)
  • Lydall Inc. (USA)
  • Koch Filter Corporation (USA)
  • Mann+Hummel Group (Germany)
3. MARKET TRENDS & DRIVERS
  • Alarming Rise in Air Pollution Levels Worldwide and the Urgent Need to Improve Air Quality: Foundation for Market Growth
  • Major Indoor Pollutants and their Impact on Health: Brief Details of Pollutant, Source, and Impact on Health
  • Air Pollution Levels (PM10 ug/m3) for Major Countries Worldwide
  • Rising Incidence of Asthma and Air Borne Allergies Provide the Perfect Platform for Market Expansion
  • Key WHO Facts on Asthma
  • Global Asthma Facts by American Academy of Allergy Asthma & Immunology (AAAAI)
  • Growing Emphasis on Maintaining Ambient Indoor Air Quality Augurs Well
  • Industrial Sector: Largest Revenue Contributor
  • Rising Emphasis on Air Quality in Commercial Environments Underpins Revenue Growth
  • Residential Buildings: The New Growth Vertical
  • Whole House Air Cleaning Systems Gather Steam
  • HVAC Air Filters Gain Traction amid Rising Infrastructure Spending and Growing Deployments of Air Conditioning Units
  • Infrastructure Projects on Growth Trajectory Worldwide
  • World Construction Industry Size (in US$ Trillion) for the Years 2010, 2015, 2020 and 2025
  • Projected Growth in the Asian Construction Market by Region and Sector (2016-2025)
  • Major Construction Markets Worldwide (2005, 2010, 2015, 2020, 2025, and 2030): Market Size ($ Billion) for China, India, Indonesia, Japan, USA, and Western Europe
  • A Note on Current State of Air Conditioners Industry
  • Growing Prominence of Cleaner Air in Achieving Higher Vehicle Performance Drives Demand for Automotive Air Filters
  • STable Automobile Production Fuels Growth Opportunities in the OEM Market
  • Aging Vehicles & Increasing Passenger Car Density Signals Opportunities in the Aftermarket
  • Cabin Air Filters Offer Lucrative Growth Opportunities for Automotive Air Filters
  • Persistent Need to Prevent Uncontrolled Airborne Contamination in Food & Beverage Processing Plants Boosts Prospects
  • Robust Power Generation Activity Benefits Demand for Gas Turbine Inlet Air Filters
  • Coalescer/Pre-filters and EPA filters: Major Components in Designing Intake Filters for Gas Turbines
  • Relevancy of Air Quality in Nuclear Power Plants Bodes Well
  • Expanding Applications in Cleanrooms that Require Acute Control of Air Quality Benefit Market Prospects
  • Steady Growth in Electrical & Electronics Manufacturing Lends Traction to Market Demand
  • Novel Opportunities in Healthcare Sector
  • Paper Filters Market Grows Amid Rising Competition from Non-Woven Fabric Media
  • Fabric Filters Market Driven by Stringent Particulate Matter (PM) Emission Norms
  • Fabric Filter Media to Gain Upper Hand over Paper Filters
  • Electrostatic Air Filters: Multiple Benefits Drive Healthy Growth in Demand
  • Washable and Re-usable Air Filters Rise in Prominence
  • Cartridge Air Filters: New Filter Media Comes to the Fore to Spur Demand
  • Technology Advancements & Innovations Spur Demand for Air Filtration Equipment
  • Filter Media Advancements Improve Overall Capabilities of Air Filtration Equipment
  • Nanofiber Technology Revolutionizes Filters and Components Development
  • Nylon Nanofiber-based Fabric for Filters
  • Regulatory Environment Paves Way for Wider Uptake of Air Filtration Equipment
  • Occupational Safety and Health Administration (OSHA)
  • ASHRAE IAQ Standards
  • Laws for IAQ Improvement in Schools
  • Criteria for Improved IAQ
  • Types of Contaminants Present in Indoor Air and their AccepTable Levels
  • ENERGY STAR Indoor Air Package
  • A Note on Standards for Measuring Filtration Efficiency
  • Favorable Demographic and Socio-Economic Trends Strengthen Market Prospects
  • Growing Population & Urban Sprawl
  • World Urban Population in Millions: 1950-2050
  • Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 2000, 2020 & 2050
  • Aging Population: A Weighty Demographic Driver
  • Global Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
  • Rising Living Standards & Disposable Incomes
  • Growing Affluence of Expanding Middle Class Segment
  • Global Middle Class Spending (US$ Trillion) by Region for the Years 2020, 2025, 2030
  • Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
  • Resolving Prevailing Issues & Challenges: Critical for Future Success of the Market
  • Stiff Competition from Existing Air Cleaning Technologies
  • Various Air Cleaning Technologies & their Limitations
  • Need for Improved Capabilities to Capture Nano-size Particles
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Mechanical Filters by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for Mechanical Filters by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 3: World 16-Year Perspective for Mechanical Filters by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Gas Phase Filters by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for Gas Phase Filters by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 6: World 16-Year Perspective for Gas Phase Filters by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Electronic Filters by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for Electronic Filters by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 9: World 16-Year Perspective for Electronic Filters by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 11: World Historic Review for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 12: World 16-Year Perspective for Industrial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 14: World Historic Review for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 15: World 16-Year Perspective for Commercial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Residential by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 17: World Historic Review for Residential by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 18: World 16-Year Perspective for Residential by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 19: World Air Filters and Filtration Equipment Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
  • Table 20: World Recent Past, Current & Future Analysis for Air Filters and Filtration Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 21: World Historic Review for Air Filters and Filtration Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 22: World 16-Year Perspective for Air Filters and Filtration Equipment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Air Filters and Filtration Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • The United States: Largest Market for Air Filtration Products
  • An Overview of the HVAC Air Filters Market
  • Recovering Automobile Production Supports Market Growth for Cabin Air Filters
  • Health Concerns Fuel Cabin Air Filter Sales
  • Growing Awareness of Indoor Air Quality (IAQ) Triggers Stringent Regulations
  • Regulations Drive Demand Growth for High Value Products
  • High Rate of Infectious Diseases Propel Demand for HEPA Vacuum Filters
CANADA
JAPAN
  • Air Filters and Filtration Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Market Overview
CHINA
  • Air Filters and Filtration Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Market Overview
  • Stringent Government Standards on Air Pollution Control: A Strong Growth Driver
  • China: The Leading Producer and Consumer of Internal Combustion Engine Air Filters Worldwide
  • The 'Cleaner Indoors' Approach Promotes Market Demand
EUROPE
  • Air Filters and Filtration Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Growing Demand for Cabin Air Filters Drives Market Expansion
  • Spiraling Air Pollution & Emission Levels Drive Steady Market Demand in the Near Term
  • Car Filter Production: Intensely Competitive
  • Demand from High-Tech Manufacturing Benefit Prospects for Industrial Air Filtration Equipment
  • Germany: The Largest Air Pollution Control Market in Europe
  • Europe's EN779:2011 to Drive Product Enhancement
  • Stringent Atmospheric Purity Level Regulations Drive Demand in the Food Processing Application
FRANCE
  • Air Filters and Filtration Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Air Filters and Filtration Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Air Filters and Filtration Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
  • The BRC/BCAS Food Grade Compressed Air Code of Practice
  • Advanced Air Filters: An Economical Solution for Elimination of Contaminants in the Food Processing Industry
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Air Filters and Filtration Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Extensive Applications Offer Lucrative Growth Opportunities for Air Filtration Equipment
  • Rising Concerns over Air Pollution (Ambient & Indoor) Strengthens Market Prospects
  • Asia-Pacific (incl. China): The Largest Auto Production Hub to Dominate Demand for Automotive Air Filters
  • Growing Construction Sector Boosts Demand for HVAC Filters
  • Shift of Manufacturers in Developed Countries to Asian Markets Bodes Well for the Market
AUSTRALIA
  • Air Filters and Filtration Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Air Filters and Filtration Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
  • Market Overview
  • Rising Sales of Air Conditioning Systems Drive Demand for HVAC Air Filters
  • Massive Infrastructure Investments to Boost Market Prospects in the Long Run
SOUTH KOREA
REST OF ASIA-PACIFIC
  • Taiwan: Brief Overview
  • Singapore
LATIN AMERICA
  • Air Filters and Filtration Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Air Filters and Filtration Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Air Filters and Filtration Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Alfa Laval AB
  • Atlas Copco Group AB
  • ACDelco
  • 3M Deutschland GmbH
  • Cummins Filtration
  • Bright Sheland International Co., Ltd.
  • Bosch Ltd.
  • CECO Environmental Corporation
  • Alen Corporation
  • Baldwin Filters, Inc.
  • Bernd Munstermann GmbH & Co. KG
  • A.L.Filter (A. L. Group)
  • Blueair AB
  • Camfil AG
  • ATMOS 360 Manufacturing.

Table Information