HVAC Filters Market Forecasts | 13 Billion-Dollar Mark by 2024, 285 pages report
Global Market Insights, Inc. has recently added a new report on HVAC filters market which provides a succinct analysis of the market size, revenue forecast, and the regional landscape of HVAC filters industry.
Selbyville, United States – July 29, 2019 /MarketersMedia/ —
China HVAC filters market size may witness significant gains up to 4.5% by 2024. The product is utilized in food & beverage and construction industries to enhance clean air levels, protecting workers life. New product innovations and demand for reducing airborne contamination is anticipated to stimulate HVAC filters industry size over predicted timeframe. Rising economic standards with growing awareness about environment is likely to propel market growth.
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HVAC Filters Market size is set to surpass USD 13 billion by 2024. Growing consumer awareness for contamination free air and reduction in airborne diseases would propel HVAC filters industry growth. Particulate contaminants include several airborne physical matters like microorganisms, pollens, dust, smoke, and fumes which are harmful for environment. The product provides effective means to control toxins by reducing their concentrations to adequate levels or eradicating them from the ventilation air, thereby stimulating market growth.
Global pleated HVAC filters market size is anticipated to surpass USD 2.5 billion up to 2024. These filters have low pressure drops and are efficient having MERV rating between 5-9. They are used in commercial buildings and offices. The design intensifies surface area of filter, allowing it to capture more dust, dirt and allergens escalating product demand.
Browse key industry insights report, “HVAC Filters Market Size By Product (Fiberglass Filter, Pleated Filter, Electrostatic Filter, Carbon Air Filter, HEPA, Pocket), By Application (Residential, Non Residential [Commercial, Office, Institution, Healthcare], Industrial [Food & Beverage, Pharmaceutical, Construction, Livestock]), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, Poland, Russia, China, India, Japan, South Korea, Australia, Thailand, Brazil, Saudi Arabia, UAE, South Africa), Application Potential, Price Trend, Competitive Market Share & Forecast, 2018 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/hvac-filters-market
U.S. HVAC filters industry size is anticipated to surpass USD 1 billion owing to rising outdoor air pollution. It is an influential product which regulates and monitors air temperature, pressure, and air quality. Changing consumer preference for resisting air contamination with energy efficiency is likely to foster market growth.
HEPA filters industry size may witness strong growth of over 7% at the end of 2024. These filters are utilized in healthcare settings owing to high MERV rating and efficiency. They are recommended by OSHA and EPA to enhance air quality and remove airborne infection in healthcare facilities. HEPA filter removes 99.97 percent of dirt, dust, tobacco smoke and other pollutants from the air driving HVAC filters demand.
HVAC filters industry size from pharmaceutical application may observe strong gains up to 3% by 2024. Filtration in pharmaceutical plays a crucial role owing to manufacturing drugs safely and timely. High occupational safety necessities are increasing the need for a contamination-free environment in the pharmaceutical sector, thus propelling product demand.
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HVAC filters market is competitive and moderately fragmented with key industry participants including Koch, Spectrum Filtration, Tex-Air, Parker Hannifin Corp, Emirates Industrial, and Troy Filters. Manufacturers are making heavy investments in R&D, product innovation and capacity expansion in order to cater growing product demand.
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About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Organization: Global Market Insights
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Website: https://www.gminsights.com/industry-analysis/hvac-filters-market
Source: MarketersMedia
Release ID: 88901926
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