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$3.9 Billion Worldwide Air Filter Media Industry to 2031 - Identify Growth Segments for Investment

·7-min read
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Global Air Filter Media Market

Global Air Filter Media Market
Global Air Filter Media Market

Dublin, April 22, 2022 (GLOBE NEWSWIRE) -- The "Global Air Filter Media Market Report 2022, by Type, by Grade, by Application, by End-User" report has been added to ResearchAndMarkets.com's offering.

This report provides strategists, marketers and senior management with the critical information they need to assess the global air filter media market.

This report focuses on air filter media market which is experiencing strong growth. The report gives a guide to the air filter media market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies

  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates

  • Create regional and country strategies on the basis of local data and analysis

  • Identify growth segments for investment

  • Outperform competitors using forecast data and the drivers and trends shaping the market

  • Understand customers based on the latest market research findings

  • Benchmark performance against key competitors

  • Utilize the relationships between key data sets for superior strategizing

  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:

Where is the largest and fastest growing market for the air filter media? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Air Filter Media market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider air filter media market, and compares it with other markets.

  • The market characteristics section of the report defines and explains the market

  • The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth

  • Market segmentations break down market into sub markets

  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth

  • It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets

  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified

  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers

  • The air filter media market section of the report gives context. It compares the air filter media market with other segments of the air filter media market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, air filter media indicators comparison

Major players in the air filter media market are 3M, Ahlstrom-Munksjo, AIM Nonwovens And Interiors Private Limited, Calgon Carbon Corporation, Clean & Science, Elta Group, Hollingsworth & Vose (H&V), HVDS, Johns Manville, and Lydall.

The global air filter media market is expected to grow from $3.85 billion in 2021 to $3.95 billion in 2022 at a compound annual growth rate (CAGR) of 2.8%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $4.81 billion in 2026 at a CAGR of 5.0%.

The air filter media market consists of sales of air filter media and related services by entities (organizations, sole traders, and partnerships) that manufacture air filter media. Air filter media refers to air filter material which is a filtering component used in air filters and depending upon the application different type of air filter is used. The air filter media is manufactured using a short manmade, natural or fiberglass fibers that are formed into a paper like material in a paper making equipment.

The main types of air filter media are nonwoven fabrics, fiberglass and filter paper. Nonwoven fabrics are broadly defined as sheet or web structures bonded together by entangling fiber or filaments mechanically, thermally, or chemically. The grades of air filter media are HEPA, MERV, ULPA. Air filters are mostly used in HVAC, air purifiers, face masks, APC, industrial manufacturing, transportation by food and beverage, metal and mining, chemical, pharmaceutical, power generation and other industries.

Asia Pacific was the largest region in the air filter media market in 2021. This region is expected to continue to be the fastest growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The decrease in the quality of air globally expected to contribute to the growth of air filter media market during the forecast period. Air pollution causes dangerous health problems such as cardiovascular, respiratory diseases, and cancers. According to the US Environmental Protection Agency's national ambient air quality standards, exposure to very fine particulate matter known as PM2.5 is considered safe as long as the person breathes an average of 12 micrograms per cubic meter of air or less per day.

According to IQAir world's most polluted countries list, in 2019, around 72 countries out of 98 countries' average pollution particle concentration is more than 12 micrograms per cubic meter of air which is not safe for people living in those countries. Therefore, the decrease in the quality of air globally boosted the demand for air filters or purifiers and this, in turn, drives the market for air filter media during the period.

Filter media manufacturers are increasingly using nanofibers or nano-coating on the filter media to increase the efficiency of dust separation. For instance, Mann + Hummel, a manufacturer of filter and filter media has developed nanofiber coated filter media for highly effective separation of fine particles and efficiency of up to 99.99%. This filter is used in commercial vehicle air filters. Similarly, AWA Paper & Technological developed Nanowoven, a base filter media that is combined with a nanofiber web and this helps in capturing extremely fine carbon dust efficiently and it also increases the service life of the filter.

The countries covered in the air filter media market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

Key Topics Covered:

1. Executive Summary

2. Air Filter Media Market Characteristics

3. Air Filter Media Market Trends And Strategies

4. Impact Of COVID-19 On Air Filter Media

5. Air Filter Media Market Size And Growth
5.1. Global Air Filter Media Historic Market, 2016-2021, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Air Filter Media Forecast Market, 2021-2026F, 2031F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market

6. Air Filter Media Market Segmentation
6.1. Global Air Filter Media Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

  • Nonwoven Fabrics

  • Fiberglass

  • Filter Paper

6.2. Global Air Filter Media Market, Segmentation By Grade, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

  • HEPA

  • MERV

  • ULPA

6.3. Global Air Filter Media Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

  • HVAC

  • Air Purifier

  • Face Mask

  • APC

  • Industrial Manufacturing

  • Transportation

6.4. Global Air Filter Media Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

  • Food & Beverage

  • Metal & Mining

  • Chemical

  • Pharmaceutical

  • Power Generation

  • Other End Users

7. Air Filter Media Market Regional And Country Analysis
7.1. Global Air Filter Media Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global Air Filter Media Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

For more information about this report visit https://www.researchandmarkets.com/r/wei382

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