The global HVAC filters market size is expected to reach $11,061.0 million in 2028, from $6,066.1 million in 2020, growing at a CAGR of 7.7% from 2021 to 2028. HVAC filters are the most vital equipment in maintaining air quality in indoor spaces. It is utilized to filter impurities in air such as pollutants, pollen, and dust in enclosed spaces to provide outlet for cleaner and healthier air. HVAC filters are also used to trap large sized particles from entering heating, ventilation, or air conditioning systems, thus, avoiding any significant damage caused to the equipment.
Degrading quality of air in urban areas and increase in pollution has made it necessary to maintain indoor air quality (IAQ) in residential, commercial, and industrial spaces. People spend majority of their time indoors, where polluted air is often accumulated and trapped and can create high concentration of harmful gases in indoor spaces. Thus, installation of HVAC filters for filtering air before circulation through HVAC system assists in providing cleaner and healthier air for occupants. This is expected to boost demand for HVAC filters, which, in turn, is drives growth of the HVAC filters market. Moreover, stringent government policies to maintain indoor air quality (IAQ) in industrial spaces is expected to drive growth of the HVAC filters market. For instance, according to the United States Environmental Protection Agency (EPA), maintenance of indoor air quality (IAQ) is mandatory in residential areas as well as workspaces. It also suggests installation of air cleaning devices and maintenance of air supply vents to maintain quality of air in living spaces. Such policies are expected to surge demand for HVAC systems, which drives growth of HVAC filters market.
Although, HVAC filters often have high efficiency, these filters require constant maintenance and cleaning to gain maximum productivities. For instance, HEPA filters often utilize thick and pleated media, which increases efficiency of filtration, but blocks airflow when the filter reaches its filtration capacity. This is expected to restrain growth of HVAC filters market.
On the contrary, rise in awareness regarding various bacterial diseases and pollens, which might lead to allergies, is expected to boost demand for residential HVAC systems.
The HVAC filters market is segmented on the basis of material, technology, end user industry, and region. By material, it is classified into fiberglass, synthetic polymer, carbon, and metal. By technology, it is categorized into electrostatic precipitator, activated carbon, UV filtration, HEPA filtration, and ionic filtration. By application, it is divided into residential, commercial, and industrial. By region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, and rest of Europe), Asia-Pacific (China, India, Japan, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific is expected to hold the largest market share throughout the study period and LAMEA is expected to grow at the fastest rate.

KEY BENEFITS FOR STAKEHOLDERS
? The report provides an extensive analysis of the current and emerging global HVAC filters market trends and dynamics.
? In-depth analysis of the market is conducted by constructing market estimations for the key market segments between 2020 and 2028.
? Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
? A comprehensive HVAC filters market opportunity analysis of all the countries is also provided in the report.
? The global HVAC filters market forecast analysis from 2021 to 2028 is included in the report.
? The key players within the market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the industry.

GLOBAL HVAC FILTERS MARKET SEGMENTS
BY MATERIAL
- Fiberglass
- Synthetic Polymer
- Carbon
- Metal
BY TECHNOLOGY
- Electrostatic Precipitator
- Activated Carbon
- UV Filtration
- HEPA Filtration
- Ionic Filtration
BY APPLICATION
- Residential
- Commercial
- Industrial
BY REGION
- North America
o U.S.
o Canada
o Mexico
- Europe
o Germany
o The UK
o France
o Italy
o Rest of Europe
- Asia-Pacific
o China
o India
o Japan
o Rest of Asia-Pacific
- LAMEA
o Latin America
o Middle East
o Africa
KEY PLAYERS
- 3M Company
- Parker-Hannifin Corporation
- Camfil AB
- Mann+Hummel
- American Air Filter Company, Inc.
- Donaldson Company, Inc.
- Ahlstrom-Munksjo
- Filtration Group Corporation
- Freudenberg Group
- Sogefi Group