HVAC Filters Market Trends

  • Report ID: 3172
  • Published Date: Dec 26, 2024
  • Report Format: PDF, PPT

HVAC Filters Market Trends

Growth Drivers

  • Increasing Use of HVAC Systems
  • High Awareness Regarding Indoor Air Quality

Challenges

  • High Maintenance of These Filters

HVAC Filters Market: Key Insights

Regionally, the global HVAC filters market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in Asia Pacific region is estimated to garner the largest share over the forecast period on the back of high level of pollution, and poor air quality index in developing countries, including, China, India, and Vietnam. India and China are the most polluted countries in the world. The average annual PM 2.5 concentration in India was 58.1 micrograms per cubic meter, in 2019. The average Air Quality Index (AQI) of New Delhi is above 195, while the same for Sichuan is 152.

The market in the North America region is estimated to witness notable share over the forecast period owing to the increasing adoption of heating systems in countries, such as Canada and some parts of the U.S., backed by the extremely cold climate in the region.

HVAC Filters Market Share Image

The global HVAC filters market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis.
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis

Base Year

2024

Forecast Year

2025-2037

CAGR

5.80%

Base Year Market Size (2024)

USD 5.48 billion

Forecast Year Market Size (2037)

USD 11.4 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • 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: 3172
  • Published Date: Dec 26, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of HVAC filters is estimated at USD 5.75 billion.

HVAC Filters Market size was over USD 5.48 billion in 2024 and is anticipated to cross USD 11.4 billion by 2037, witnessing more than 5.8% CAGR during the forecast period i.e., between 2025-2037.

Asia Pacific industry is likely to dominate majority revenue share by 2037, on the back of high level of pollution, and poor air quality index in developing countries, including, China, India, and Vietnam.

The major players in the market are Freudenberg SE, Camfil AB, Filtration Group Corporation, Ahlstrom-Munksjö Oyj, Donaldson Company, Inc., American Air Filter Company, Inc., Parker-Hannifin Corporation, and others.
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