HVAC Filters Market Trends

  • Report ID: 3172
  • Published Date: Aug 30, 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

Base Year

2023

Forecast Year

2024-2036

CAGR

5.8%

Base Year Market Size (2023)

USD 5.18 billion

Forecast Year Market Size (2036)

USD 10.78 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, 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: Aug 30, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of HVAC filters is evaluated at USD 5.42 billion.

HVAC Filters Market size was valued at USD 5.18 billion in 2023 and is set to cross USD 10.78 billion by 2036, registering more than 5.8% CAGR during the forecast period i.e., between 2024-2036. Increasing awareness for indoor air quality among the masses will propel the market growth.

Asia Pacific is likely to dominate majority revenue share by 2036, 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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