Air Filters Market Projected to Grow Robustly and the Global Market to Surpass $26 billion by 2030
The new report from Industry Experts Inc, on "Air Filters", reveals that the global market for Air Filters is estimated at US$17.3 billion in 2024 and is anticipated to post a CAGR of 7.2% during the 2024-2030 analysis period and stand at a projected US$26.2 billion by 2030.
The demand for Air Filters is likely to exhibit rapid growth over the analysis period, which can be attributed to several factors, including stringent regulations pertaining to maintaining proper air quality, growing incidence of airborne diseases, such as asthma and maintenance of ambient indoor air quality. Industrialization in developing regions and widespread usage in the commercial sector are further propelling the demand for Air Filters, with demand from the residential sector also playing a significant role.
The demand for Air Filters has been witnessing rapid growth in the developing regions of the world, such as Asia-Pacific. In fact, Asia-Pacific has overtaken North America to emerge as the largest, as also the fastest growing, global Air Filters market. An increase in industrialization and the need for clean air and water in this region are propelling the demand for purification technologies, such as Air Filters. China leads Asia-Pacific in terms of demand for these components, followed by India and Japan.
The report analyzes the Air Filters market across all major regions including North America (The United States, Canada and Mexico), Europe (Germany, France, Russia, United Kingdom, Poland, Netherlands, Italy, Spain and Rest of Europe), Asia-Pacific (India, China, New Zealand, South Korea, Australia, Japan and Rest of Asia-Pacific), South America (Brazil, Argentina, Columbia and Rest of South America) and Rest of World (Turkiye, South Africa, Iran and Other Rest of World).
The market for major types of Air Filters analyzed includes Cartridge Filters, Dust Collectors, HEPA Filters, Baghouse Filters and Other Types, such as Mist Filters. The global market for end-use sectors of air filters explored in this report comprises the Commercial Sector, Industrial Sector and Residential Sector.
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