Residential Air Filter Market By Filter Type: Global Opportunity Analysis and Industry Forecast, 2021-2031

Table of Contents

CHAPTER 1: INTRODUCTION
1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Market dynamics
3.4.1.Drivers
3.4.1.1. Degradation in air quality
3.4.1.2. Increase in policies and awareness to maintain Indoor Air Quality (IAQ)
3.4.1.3. Growth in sales of HVAC systems and air conditioners
3.4.2.Restraints
3.4.2.1. High initial capital requirement and operational costs
3.4.2.2. Disposal costs of residential air filters
3.4.3.Opportunities
3.4.3.1. Higher focus on use of nanotechnology for residential air filters
3.5.COVID-19 Impact Analysis on the market

CHAPTER 4: RESIDENTIAL AIR FILTER MARKET, BY FILTER TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2. HEPA Filters
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3. Activated Carbon Filters
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
4.4. Fibre Glass
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market share analysis by country
4.5. Bag Filters
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market share analysis by country
4.6. Others
4.6.1 Key market trends, growth factors and opportunities
4.6.2 Market size and forecast, by region
4.6.3 Market share analysis by country

CHAPTER 5: RESIDENTIAL AIR FILTER MARKET, BY REGION
5.1 Overview
5.1.1 Market size and forecast
5.2 North America
5.2.1 Key trends and opportunities
5.2.2 North America Market size and forecast, by Filter Type
5.2.3 North America Market size and forecast, by country
5.2.3.1 U.S.
5.2.3.1.1 Key market trends, growth factors and opportunities
5.2.3.1.2 Market size and forecast, by Filter Type
5.2.3.2 Canada
5.2.3.2.1 Key market trends, growth factors and opportunities
5.2.3.2.2 Market size and forecast, by Filter Type
5.3 Europe
5.3.1 Key trends and opportunities
5.3.2 Europe Market size and forecast, by Filter Type
5.3.3 Europe Market size and forecast, by country
5.3.3.1 UK
5.3.3.1.1 Key market trends, growth factors and opportunities
5.3.3.1.2 Market size and forecast, by Filter Type
5.3.3.2 Germany
5.3.3.2.1 Key market trends, growth factors and opportunities
5.3.3.2.2 Market size and forecast, by Filter Type
5.3.3.3 France
5.3.3.3.1 Key market trends, growth factors and opportunities
5.3.3.3.2 Market size and forecast, by Filter Type
5.3.3.4 Italy
5.3.3.4.1 Key market trends, growth factors and opportunities
5.3.3.4.2 Market size and forecast, by Filter Type
5.3.3.5 Spain
5.3.3.5.1 Key market trends, growth factors and opportunities
5.3.3.5.2 Market size and forecast, by Filter Type
5.3.3.6 Rest of Europe
5.3.3.6.1 Key market trends, growth factors and opportunities
5.3.3.6.2 Market size and forecast, by Filter Type
5.4 Asia-Pacific
5.4.1 Key trends and opportunities
5.4.2 Asia-Pacific Market size and forecast, by Filter Type
5.4.3 Asia-Pacific Market size and forecast, by country
5.4.3.1 China
5.4.3.1.1 Key market trends, growth factors and opportunities
5.4.3.1.2 Market size and forecast, by Filter Type
5.4.3.2 Japan
5.4.3.2.1 Key market trends, growth factors and opportunities
5.4.3.2.2 Market size and forecast, by Filter Type
5.4.3.3 India
5.4.3.3.1 Key market trends, growth factors and opportunities
5.4.3.3.2 Market size and forecast, by Filter Type
5.4.3.4 Australia
5.4.3.4.1 Key market trends, growth factors and opportunities
5.4.3.4.2 Market size and forecast, by Filter Type
5.4.3.5 South Korea
5.4.3.5.1 Key market trends, growth factors and opportunities
5.4.3.5.2 Market size and forecast, by Filter Type
5.4.3.6 Rest of Asia-Pacific
5.4.3.6.1 Key market trends, growth factors and opportunities
5.4.3.6.2 Market size and forecast, by Filter Type
5.5 LAMEA
5.5.1 Key trends and opportunities
5.5.2 LAMEA Market size and forecast, by Filter Type
5.5.3 LAMEA Market size and forecast, by country
5.5.3.1 Latin America
5.5.3.1.1 Key market trends, growth factors and opportunities
5.5.3.1.2 Market size and forecast, by Filter Type
5.5.3.2 Middle East
5.5.3.2.1 Key market trends, growth factors and opportunities
5.5.3.2.2 Market size and forecast, by Filter Type
5.5.3.3 Africa
5.5.3.3.1 Key market trends, growth factors and opportunities
5.5.3.3.2 Market size and forecast, by Filter Type

CHAPTER 6: COMPETITIVE LANDSCAPE
6.1. Introduction
6.2. Top winning Strategies
6.3. Product Mapping of Top 10 Player
6.4. Competitive Dashboard
6.5. Competitive Heatmap
6.6. Top player positioning, 2021

CHAPTER 7: COMPANY PROFILES
7.1 Parker Hannifin Corporation
7.1.1 Company overview
7.1.2 Key Executives
7.1.3 Company snapshot
7.1.4 Operating business segments
7.1.5 Product portfolio
7.1.6 Business performance
7.1.7 Key strategic moves and developments
7.2 mannhummel group
7.2.1 Company overview
7.2.2 Key Executives
7.2.3 Company snapshot
7.2.4 Operating business segments
7.2.5 Product portfolio
7.2.6 Business performance
7.2.7 Key strategic moves and developments
7.3 Lydall-Gutsche GmbH & Co. Kg
7.3.1 Company overview
7.3.2 Key Executives
7.3.3 Company snapshot
7.3.4 Operating business segments
7.3.5 Product portfolio
7.3.6 Business performance
7.3.7 Key strategic moves and developments
7.4 Emerson Electric Co.
7.4.1 Company overview
7.4.2 Key Executives
7.4.3 Company snapshot
7.4.4 Operating business segments
7.4.5 Product portfolio
7.4.6 Business performance
7.4.7 Key strategic moves and developments
7.5 3M Company
7.5.1 Company overview
7.5.2 Key Executives
7.5.3 Company snapshot
7.5.4 Operating business segments
7.5.5 Product portfolio
7.5.6 Business performance
7.5.7 Key strategic moves and developments
7.6 Freudenberg Filtration Technologies SE & Co. KG
7.6.1 Company overview
7.6.2 Key Executives
7.6.3 Company snapshot
7.6.4 Operating business segments
7.6.5 Product portfolio
7.6.6 Business performance
7.6.7 Key strategic moves and developments
7.7 Camfil AB
7.7.1 Company overview
7.7.2 Key Executives
7.7.3 Company snapshot
7.7.4 Operating business segments
7.7.5 Product portfolio
7.7.6 Business performance
7.7.7 Key strategic moves and developments
7.8 Daikin Industries Ltd.
7.8.1 Company overview
7.8.2 Key Executives
7.8.3 Company snapshot
7.8.4 Operating business segments
7.8.5 Product portfolio
7.8.6 Business performance
7.8.7 Key strategic moves and developments
7.9 Purafil Inc.
7.9.1 Company overview
7.9.2 Key Executives
7.9.3 Company snapshot
7.9.4 Operating business segments
7.9.5 Product portfolio
7.9.6 Business performance
7.9.7 Key strategic moves and developments
7.10 Johnson Controls International plc
7.10.1 Company overview
7.10.2 Key Executives
7.10.3 Company snapshot
7.10.4 Operating business segments
7.10.5 Product portfolio
7.10.6 Business performance
7.10.7 Key strategic moves and developments

List of Tables
Table 1. Global Residential Air Filter Market, by Filter Type, 2021-2031 (Revenue, $Million)
Table 2. Residential Air Filter Market for Hepa Filters, by Region, 2021-2031 (Revenue, $Million)
Table 3. Residential Air Filter Market for Activated Carbon Filters, by Region, 2021-2031 (Revenue, $Million)
Table 4. Residential Air Filter Market for Fibre Glass, by Region, 2021-2031 (Revenue, $Million)
Table 5. Residential Air Filter Market for Bag Filters, by Region, 2021-2031 (Revenue, $Million)
Table 6. Residential Air Filter Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 7. Residential Air Filter Market, by Region, 2021-2031 (Revenue, $Million)
Table 8. North America Residential Air Filter Market, by Filter Type, 2021-2031 (Revenue, $Million)
Table 9. North America Residential Air Filter Market, by Country, 2021-2031 (Revenue, $Million)
Table 10. U.S. Residential Air Filter Market, by Filter Type, 2021-2031 (Revenue, $Million)
Table 11. Canada Residential Air Filter Market, by Filter Type, 2021-2031 (Revenue, $Million)
Table 12. Europe Residential Air Filter Market, by Filter Type, 2021-2031 (Revenue, $Million)
Table 13. Europe Residential Air Filter Market, by Country, 2021-2031 (Revenue, $Million)
Table 14. UK Residential Air Filter Market, by Filter Type, 2021-2031 (Revenue, $Million)
Table 15. Germany Residential Air Filter Market, by Filter Type, 2021-2031 (Revenue, $Million)
Table 16. France Residential Air Filter Market, by Filter Type, 2021-2031 (Revenue, $Million)
Table 17. Italy Residential Air Filter Market, by Filter Type, 2021-2031 (Revenue, $Million)
Table 18. Spain Residential Air Filter Market, by Filter Type, 2021-2031 (Revenue, $Million)
Table 19. Rest of Europe Residential Air Filter Market, by Filter Type, 2021-2031 (Revenue, $Million)
Table 20. Asia-Pacific Residential Air Filter Market, by Filter Type, 2021-2031 (Revenue, $Million)
Table 21. Asia-Pacific Residential Air Filter Market, by Country, 2021-2031 (Revenue, $Million)
Table 22. China Residential Air Filter Market, by Filter Type, 2021-2031 (Revenue, $Million)
Table 23. Japan Residential Air Filter Market, by Filter Type, 2021-2031 (Revenue, $Million)
Table 24. India Residential Air Filter Market, by Filter Type, 2021-2031 (Revenue, $Million)
Table 25. Australia Residential Air Filter Market, by Filter Type, 2021-2031 (Revenue, $Million)
Table 26. South Korea Residential Air Filter Market, by Filter Type, 2021-2031 (Revenue, $Million)
Table 27. Rest of Asia-Pacific Residential Air Filter Market, by Filter Type, 2021-2031 (Revenue, $Million)
Table 28. LAMEA Residential Air Filter Market, by Filter Type, 2021-2031 (Revenue, $Million)
Table 29. LAMEA Residential Air Filter Market, by Country, 2021-2031 (Revenue, $Million)
Table 30. Latin America Residential Air Filter Market, by Filter Type, 2021-2031 (Revenue, $Million)
Table 31. Middle East Residential Air Filter Market, by Filter Type, 2021-2031 (Revenue, $Million)
Table 32. Africa Residential Air Filter Market, by Filter Type, 2021-2031 (Revenue, $Million)
Table 33. Parker Hannifin Corporation: Key Executives
Table 34. Parker Hannifin Corporation: Company Snapshot
Table 35. Parker Hannifin Corporation: Operating Segments
Table 36. Parker Hannifin Corporation: Product Portfolio
Table 37. Parker Hannifin Corporation: Net Sales
Table 38. Parker Hannifin Corporation: Key Strategies
Table 39. Mannhummel Group: Key Executives
Table 40. Mannhummel Group: Company Snapshot
Table 41. Mannhummel Group: Operating Segments
Table 42. Mannhummel Group: Product Portfolio
Table 43. Mannhummel Group: Net Sales
Table 44. Mannhummel Group: Key Strategies
Table 45. Lydall-Gutsche GmbH & Co. KG: Key Executives
Table 46. Lydall-Gutsche GmbH & Co. KG: Company Snapshot
Table 47. Lydall-Gutsche GmbH & Co. KG: Operating Segments
Table 48. Lydall-Gutsche GmbH & Co. KG: Product Portfolio
Table 49. Lydall-Gutsche GmbH & Co. KG: Net Sales
Table 50. Lydall-Gutsche GmbH & Co. KG: Key Strategies
Table 51. Emerson Electric Co.: Key Executives
Table 52. Emerson Electric Co.: Company Snapshot
Table 53. Emerson Electric Co.: Operating Segments
Table 54. Emerson Electric Co.: Product Portfolio
Table 55. Emerson Electric Co.: Net Sales
Table 56. Emerson Electric Co.: Key Strategies
Table 57. 3M Company: Key Executives
Table 58. 3M Company: Company Snapshot
Table 59. 3M Company: Operating Segments
Table 60. 3M Company: Product Portfolio
Table 61. 3M Company: Net Sales
Table 62. 3M Company: Key Strategies
Table 63. Freudenberg Filtration Technologies SE & Co. KG: Key Executives
Table 64. Freudenberg Filtration Technologies SE & Co. KG: Company Snapshot
Table 65. Freudenberg Filtration Technologies SE & Co. KG: Operating Segments
Table 66. Freudenberg Filtration Technologies SE & Co. KG: Product Portfolio
Table 67. Freudenberg Filtration Technologies SE & Co. KG: Net Sales
Table 68. Freudenberg Filtration Technologies SE & Co. KG: Key Strategies
Table 69. Camfil Ab: Key Executives
Table 70. Camfil Ab: Company Snapshot
Table 71. Camfil Ab: Operating Segments
Table 72. Camfil Ab: Product Portfolio
Table 73. Camfil Ab: Net Sales
Table 74. Camfil Ab: Key Strategies
Table 75. Daikin Industries Ltd.: Key Executives
Table 76. Daikin Industries Ltd.: Company Snapshot
Table 77. Daikin Industries Ltd.: Operating Segments
Table 78. Daikin Industries Ltd.: Product Portfolio
Table 79. Daikin Industries Ltd.: Net Sales
Table 80. Daikin Industries Ltd.: Key Strategies
Table 81. Purafil Inc.: Key Executives
Table 82. Purafil Inc.: Company Snapshot
Table 83. Purafil Inc.: Operating Segments
Table 84. Purafil Inc.: Product Portfolio
Table 85. Purafil Inc.: Net Sales
Table 86. Purafil Inc.: Key Strategies
Table 87. Johnson Controls International PLC: Key Executives
Table 88. Johnson Controls International PLC: Company Snapshot
Table 89. Johnson Controls International PLC: Operating Segments
Table 90. Johnson Controls International PLC: Product Portfolio
Table 91. Johnson Controls International PLC: Net Sales
Table 92. Johnson Controls International PLC: Key Strategies

List of Figures
Figure 1. Segmentation of Residential Air Filter Market,2021-2031
Figure 2. Residential Air Filter Market,2021-2031
Figure 3. Top Investment Pockets, by Region
Figure 4. Porter Five-1
Figure 5. Porter Five-2
Figure 6. Porter Five-3
Figure 7. Porter Five-4
Figure 8. Porter Five-5
Figure 9. Residential Air Filter Market:Drivers, Restraints and Opportunities
Figure 10. Residential Air Filter Market,By Filter Type,2021(%)
Figure 11. Comparative Share Analysis of Hepa Filters Residential Air Filter Market, 2021 and 2031(%)
Figure 12. Comparative Share Analysis of Activated Carbon Filters Residential Air Filter Market, 2021 and 2031(%)
Figure 13. Comparative Share Analysis of Fibre Glass Residential Air Filter Market, 2021 and 2031(%)
Figure 14. Comparative Share Analysis of Bag Filters Residential Air Filter Market, 2021 and 2031(%)
Figure 15. Comparative Share Analysis of Others Residential Air Filter Market, 2021 and 2031(%)
Figure 16. Residential Air Filter Market by Region,2021
Figure 17. U.S. Residential Air Filter Market,2021-2031($Million)
Figure 18. Canada Residential Air Filter Market,2021-2031($Million)
Figure 19. UK Residential Air Filter Market,2021-2031($Million)
Figure 20. Germany Residential Air Filter Market,2021-2031($Million)
Figure 21. France Residential Air Filter Market,2021-2031($Million)
Figure 22. Italy Residential Air Filter Market,2021-2031($Million)
Figure 23. Spain Residential Air Filter Market,2021-2031($Million)
Figure 24. Rest of Europe Residential Air Filter Market,2021-2031($Million)
Figure 25. China Residential Air Filter Market,2021-2031($Million)
Figure 26. Japan Residential Air Filter Market,2021-2031($Million)
Figure 27. India Residential Air Filter Market,2021-2031($Million)
Figure 28. Australia Residential Air Filter Market,2021-2031($Million)
Figure 29. South Korea Residential Air Filter Market,2021-2031($Million)
Figure 30. Rest of Asia-Pacific Residential Air Filter Market,2021-2031($Million)
Figure 31. Latin America Residential Air Filter Market,2021-2031($Million)
Figure 32. Middle East Residential Air Filter Market,2021-2031($Million)
Figure 33. Africa Residential Air Filter Market,2021-2031($Million)
Figure 34. Top Winning Strategies, by Year
Figure 35. Top Winning Strategies, by Development
Figure 36. Top Winning Strategies, by Company
Figure 37. Product Mapping of Top 10 Players
Figure 38. Competitive Dashboard
Figure 39. Competitive Heatmap of Top 10 Key Players
Figure 40. Top Player Positioning, 2021
Figure 41. Parker Hannifin Corporation.: Net Sales ($Million)
Figure 42. Mannhummel Group.: Net Sales ($Million)
Figure 43. Lydall-Gutsche GmbH & Co. KG.: Net Sales ($Million)
Figure 44. Emerson Electric Co..: Net Sales ($Million)
Figure 45. 3M Company.: Net Sales ($Million)
Figure 46. Freudenberg Filtration Technologies SE & Co. KG.: Net Sales ($Million)
Figure 47. Camfil Ab.: Net Sales ($Million)
Figure 48. Daikin Industries Ltd..: Net Sales ($Million)
Figure 49. Purafil Inc..: Net Sales ($Million)
Figure 50. Johnson Controls International PLC.: Net Sales ($Million)

Executive Summary

According to the report titled, 'Residential Air Filter Market,' the residential air filter market was valued at $3.5 billion in 2021, and is estimated to reach $7.1 billion by 2031, growing at a CAGR of 7.3% from 2022 to 2031.

Residential air filters are a vital component in maintaining indoor air quality in residences and homes. They are used as a component in HVAC equipment to filter impurities from air such as pollutants, pollen, and dust in enclosed spaces so that the air can be cleaner and healthier.

Key factors driving the growth of the residential air filters include degradation in air quality, increase in policies and awareness to maintain indoor air quality (IAQ), and growth in sales of HVAC systems and air conditioners. Indoor air quality (IAQ) consists of various types of pollutants inside residential buildings and homes, and houses. Infact, the World Health Organization (WHO) has released extensive guidelines document to maintain such quality, specifically in the presence of certain pollutants such as carbon monoxide, benzene, naphthalene, nitrogen dioxide, and radon etc. Such policies and these leading to increased awareness among people for better indoor air quality is expected to drive the residential air filter market.

The market also offers growth opportunities to the key players in the residential air filters market. The increased focus on nanotechnology by the industry presents a significant opportunity to market players. There are many benefits to using nanotechnology in the manufacturing of residential air filters. For instance, many air filters manufactured with nanotechnology have high porosity and surface area, resulting in better performance as compared to regular residential air filters. Market players can benefit from this opportunity by making investments in research and development specifically aimed at nanotechnology.

The residential air filters market is segmented into filter type and region. On the basis of filter type, it is fragmented into HEPA filters, activated carbon filters, fibre filters, bag filters, and others. In terms of region, the market is divided into North America (the U.S. and Canada), Europe (the UK, Germany, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

The key players profiled in the study include Parker Hannifin Corporation, Camfil AB, Daikin Industries Ltd., Purafil Inc., MANN+HUMMEL Group, Lydall-Gutsche GmbH & Co. Kg, 3M Company, Johnson Controls International plc, Freudenberg Filtration Technologies SE & Co. KG, and Emerson Electric Co.. Various Strategies have been adopted the key players to strengthen their position in the market. These include new product launch and development, and business expansion steps. For instance, in June 2021, Daikin has announced a distribution partnership with American Air Filter (AAF), a leading company in the global filtration market. This relationship will strengthen its response to the growing need for ventilation and air purification and help position it in the market as a company that provides solutions with air.

Key Market Insights

By filter type, the fibre glass segment was the highest revenue contributor, accounting for $1,411.3 million in 2021, and is estimated to reach $2,434.2 million by 2031, with a CAGR of 5.6%. However, the activated carbon filters segment is estimated to be the fastest-growing segment during the forecast period.

Based on region, Asia-Pacific contributed the highest revenue, accounting-for the largest market share in 2021, and is estimated to grow at a high CAGR during the forecast period.

Companies Mentioned

• Parker Hannifin Corporation
• mannhummel group
• Lydall-Gutsche GmbH & Co. Kg
• Emerson Electric Co.
• 3M Company
• Freudenberg Filtration Technologies SE & Co. KG
• Camfil AB
• Daikin Industries Ltd.
• Purafil Inc.
• Johnson Controls International plc

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.