Air Filtration Media Market Trends

  • Report ID: 3070
  • Published Date: Jul 23, 2024
  • 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

2023

Forecast Year

2024-2036

CAGR

6.8%

Base Year Market Size (2023)

USD 429.34 Million

Forecast Year Market Size (2036)

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: Jul 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of air filtration media is evaluated at USD 455.62 Million.

The air filtration media market size was valued at USD 429.34 Million in 2023 and is anticipated to exceed USD 1 Billion by the end of 2036, expanding at over 6.8% CAGR during the forecast period i.e., between 2024-2036. 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.

North America industry is poised to have the highest growth through 2036, driven by rising application of air filtration media across primary industries, including healthcare

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
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