Air filter is a device which removes solid airborne particles that are generally harmful to human health if inhaled in the lungs. Particles include things such as dust, powder, pollen, mold, fibers, germs etc. It uses a physical and or chemical process with fibrous pleated paper, foam, cotton, ionizers, activated charcoal, absorbents, chemicals, catalysts etc., and cleans the air to the designed breathable level and odor free for the intended user. Air filters are used in applications where air quality is important, notably in building ventilation systems, transportation, public areas and industries.
DAIKIN, Camfil Farr, CLARCOR and Flanders captured the top four revenue share spots in the Air Filters market in 2015. DAIKIN dominated with 10.44 percent revenue share, followed by Camfil Farr with 6.41 percent revenue share and CLARCOR with 5.65 percent revenue share.
Despite the presence of competition problems, due to the clear global recovery trend, investors are still optimistic about this area, in future still more new investment will enter into the field. Technology and cost are two major problems.
Although sales of Air Filters brought a lot of opportunities, for the new entrants with only advantage in capital without sufficient support in technology and downstream channels, the research group did not recommend taking risk the enter this market.
According to this study, over the next five years the Air Filters market will register a 2.4% CAGR in terms of revenue, the global market size will reach USD 9130 million by 2024, from USD 7920 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Air Filters business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Air Filters market by product type, application, key manufacturers and key regions and countries.
This study considers the Air Filters value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Pre Filters
Sub-HEPA Filters
Secondary Filters
HEPA & ULPA Filters
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Commercial and Residential HVAC Systems
Residential Air Cleaners
General Industrial
Semiconductors
Pharmaceuticals
Biotechnology
Nuclear Power and Materials Processing
Chemical, Biological and Radiological Safe Environments
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
DAIKIN
Camfil Farr
CLARCOR Inc.
Flanders Corporation
Freudenberg
3M Purification Inc.
Donaldson
K&N Engineering
Mann+ Humel
A C Delco
Affinia Group Inc.
Cummins
Sogefi Group
Denso
A.I.R. Systems
Goldensea
AIR-FILTER
Dushi Lvye
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Air Filters consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Air Filters market by identifying its various subsegments.
Focuses on the key global Air Filters manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Air Filters with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Air Filters submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
