The industrial air filters market was size valued at $5,796.0 million in 2020, and is expected to reach $12,325.9 million by 2030, registering a CAGR of 8.3% from 2021 to 2030. Air filters are devices that reduce or remove contaminants from the air in the industries to boost indoor and outside air quality. Industrial air filters are important part of any heating, ventilation, and air conditioning system to filter the foreign particles through the air. Industrial air filters are an important component in any industry where processes generate smoke and pollutants. These filters are utilized for maintaining indoor air quality (IAQ) by filtration of impurities such as pollen, dust, and chemical pollutants in enclosed spaces. Few industrial air filters are highly efficient in trapping around 99.97% particles up to size of 0.3 microns. In addition, industrial air filters also avoid entrance of pollutants in machinery in the industries, which reduces potential damage to machine due to large foreign particles.
Industrial air filters market was initially hampered owing to restrictions on industrial activities during lockdown. This also hampered the production of the industrial air filters. However, the market started recovering as lockdown restrictions were uplifted.
Moreover, the rise in concerns regarding degradation of air quality, especially in urban areas drives sales of industrial air filtration systems. Increase in pollution levels, owing to elements such as vehicular traffic and industries has affected the overall air quality, which is affecting health of people on a large scale. High pollution levels generally cause short term effects such as nausea and dizziness, however, long term exposure to pollutants can cause fatal effects on respiratory, nervous, and reproductive systems. Thus, maintenance of indoor air quality (IAQ) plays a vital role in preserving health and safety of occupants in industrial workspaces, where people spend majority of their time. This is expected to drive the growth of the industrial air filters market. Furthermore, stringent government policies for maintaining indoor air quality (IAQ) in industrial spaces is expected to drive the demand for industrial air filters. For instance, the U.S. Center for Disease Control and Prevention (CDC) recommended use of portable industrial grade industrial air filter units to propel removal of pollutant particles in construction zones, manufacturing & engineering facilities, rooms with inefficient ventilations, and patient care rooms. This is expected to drive the industrial air filters market growth. However, industrial air filters require constant cleaning and replacement in spaces with high pollution levels. Highly productive industrial air filters often utilize pleated and thick media for efficient filtration, which gets blocked and prevents free flow of air through industrial air system and reduces productivity of these systems. This is expected to restrain the growth of the industrial air filters market.
Furthermore, during the outbreak of the COVID-19 pandemic, construction, manufacturing, hotel, and tourism industries were majorly affected. Manufacturing activities were halted or restricted. Construction and transportation activities, along with their supply chains, were hampered on a global level. This led to decline in manufacturing of industrial air filters as well as their demand in the market, thereby restraining the growth of the industrial air filter market. Conversely, industries are gradually resuming their regular manufacturing and services. This is expected to lead to re-initiation of industrial air filter companies at their full-scale capacities, which is expected to help the industrial air filter market to recover by end of 2021.
On the contrary, the rise in awareness regarding various diseases caused by polluted air and presence of bacteria and pollen is expected to create opportunities for growth of the industrial air filters market in the future.
The industrial air filters market is segmented on the basis of type, application, end-user industry and region. By type, the market is segregated into HEPA rated & other filter media, ionic, activated carbon and UV filters. On the basis of application, the market is divided into new system and replacement. On the basis of end-user industry, the market is divided into food & beverage, pharmaceutical, chemicals & petrochemical, electronics and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Spain, and rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
On the basis of type, in 2020, the HEPA rated & other filter media segment dominated the industrial air filter market, in terms of revenue, whereas the UV filters segment is expected to witness growth at the highest CAGR during the forecast period. On the basis of application, in 2020, the replacement segment dominated the industrial air filter market and is expected to witness growth at the highest CAGR during the forecast period. Depending on end-user industry, the others segment led the market in 2020, in terms of revenue. Whereas, the electronics segment is anticipated to exhibit the highest CAGR in the coming years. Region wise, Asia-Pacific garnered the highest revenue in 2020; however, LAMEA is anticipated to register highest CAGR during the forecast period.
Moreover, the rise in concerns regarding degradation of air quality, especially in urban areas drives sales of industrial air filtration systems. Increase in pollution levels, owing to elements such as vehicular traffic and industries has affected the overall air quality, which is affecting health of people on a large scale. High pollution levels generally cause short term effects such as nausea and dizziness, however, long term exposure to pollutants can cause fatal effects on respiratory, nervous, and reproductive systems. Thus, maintenance of indoor air quality (IAQ) plays a vital role in preserving health and safety of occupants in industrial workspaces, where people spend majority of their time. This is expected to drive the growth of the industrial air filters market. Furthermore, stringent government policies for maintaining indoor air quality (IAQ) in industrial spaces is expected to drive the demand for industrial air filters. For instance, the U.S. Center for Disease Control and Prevention (CDC) recommended use of portable industrial grade industrial air filter units to propel removal of pollutant particles in construction zones, manufacturing & engineering facilities, rooms with inefficient ventilations, and patient care rooms. This is expected to drive the industrial air filters market growth. However, industrial air filters require constant cleaning and replacement in spaces with high pollution levels. Highly productive industrial air filters often utilize pleated and thick media for efficient filtration, which gets blocked and prevents free flow of air through industrial air system and reduces productivity of these systems. This is expected to restrain the growth of the industrial air filters market.
Furthermore, during the outbreak of the COVID-19 pandemic, construction, manufacturing, hotel, and tourism industries were majorly affected. Manufacturing activities were halted or restricted. Construction and transportation activities, along with their supply chains, were hampered on a global level. This led to decline in manufacturing of industrial air filters as well as their demand in the market, thereby restraining the growth of the industrial air filter market. Conversely, industries are gradually resuming their regular manufacturing and services. This is expected to lead to re-initiation of industrial air filter companies at their full-scale capacities, which is expected to help the industrial air filter market to recover by end of 2021.
On the contrary, the rise in awareness regarding various diseases caused by polluted air and presence of bacteria and pollen is expected to create opportunities for growth of the industrial air filters market in the future.
The industrial air filters market is segmented on the basis of type, application, end-user industry and region. By type, the market is segregated into HEPA rated & other filter media, ionic, activated carbon and UV filters. On the basis of application, the market is divided into new system and replacement. On the basis of end-user industry, the market is divided into food & beverage, pharmaceutical, chemicals & petrochemical, electronics and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Spain, and rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
On the basis of type, in 2020, the HEPA rated & other filter media segment dominated the industrial air filter market, in terms of revenue, whereas the UV filters segment is expected to witness growth at the highest CAGR during the forecast period. On the basis of application, in 2020, the replacement segment dominated the industrial air filter market and is expected to witness growth at the highest CAGR during the forecast period. Depending on end-user industry, the others segment led the market in 2020, in terms of revenue. Whereas, the electronics segment is anticipated to exhibit the highest CAGR in the coming years. Region wise, Asia-Pacific garnered the highest revenue in 2020; however, LAMEA is anticipated to register highest CAGR during the forecast period.
Competition analysis
The major players profiled in the industrial air filter market include Ahlstrom-Munksjö, Air Filters, Inc., American Air Filter Company Inc. (Daikin Industries Ltd), Camfil, Donaldson Company, Inc., Filtration Group, Freudenberg Filtration Technologies SE & Co. KG, Lydall, Inc., MANN+HUMMEL and Parker-Hannifin Corporation. Major companies in the market have adopted product launch, business expansion and acquisition as their key developmental strategies to offer better products and services to customers in the industrial air filters market.- Key Benefits For Stakeholders
- The report provides an extensive analysis of the current trends, future estimations, and dynamics of the industrial air filters market.
- In-depth industrial air filters market analysis is conducted by estimations for the key segments between 2021 and 2030.
- Extensive analysis of the market is conducted by following key product positioning and monitoring of top competitors within the market framework.
- A comprehensive analysis of four major regions is provided to determine the prevailing opportunities.
- The industrial air filters market forecast analysis from 2021 to 2030 is included in the report.
- The key market players operating in the market are profiled in this report and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the industrial air filters industry.
Key Market Segments
By Type
- HEPA Rated & Other Filter Media
- Ionic
- Activated Carbon
- UV Filters
By End-user Industry
- Food & Beverage
- Pharmaceutical
- Chemicals & Petrochemical
- Electronics
- Others
By Application
- New system
- Replacement
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Players
- Ahlstrom-Munksjö
- Air Filters, Inc.
- American Air Filter Company Inc. (Daikin Industries Ltd)
- Camfil
- Donaldson Company, Inc.
- Filtration Group
- Freudenberg Filtration Technologies SE & Co. KG
- Lydall, Inc.
- MANN+HUMMEL
- Parker-Hannifin Corporation
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: INDUSTRIAL AIR FILTERS MARKET, BY END-USER INDUSTRY
CHAPTER 5: INDUSTRIAL AIR FILTERS MARKET, BY APPLICATION
CHAPTER 6: INDUSTRIAL AIR FILTERS MARKET, BY TYPE
CHAPTER 7: INDUSTRIAL AIR FILTERS MARKET, BY REGION
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 246 |
| Published | September 2021 |
| Forecast Period | 2020 - 2030 |
| Estimated Market Value ( USD | $ 5796 million |
| Forecasted Market Value ( USD | $ 12325.9 million |
| Compound Annual Growth Rate | 7.8% |
| Regions Covered | Global |
