The Global Sustainable Air Filters Market is projected to grow at a CAGR of 7.64% in the forecast period of 2023-28, reveals MarkNtel Advisors in their recent research report. The prime factor leading to the growing market for sustainable air filters is the rising level of air pollution across the globe. The increasing air pollution has been the leading factor causing several chronic diseases such as stroke, heart disease, lung cancer, and acute respiratory infections. Around 5 million deaths were recorded in 2021 due to air pollution. Thus, the growing risk due to air pollution has induced awareness among consumers to live in an environment with better air quality. As air filters have been able to prevent the pollutants such as dust, mold, and bacteria from entering the premises, increasing adoption of air filters & sustainable air filters has been observed in homes, commercial buildings, industrial areas, etc.
In addition, several companies have been launching different products, which has boosted the demand for sustainable air filters due to the enhanced performance & capabilities of the product. For instance, in 2019, Smartair developed low-cost, high-impact air filtration systems that use high-efficiency particulate air (HEPA) filters & activated carbon technology to remove particulate matter. These filters, which start at USD40, can capture airborne pollutants as they move through the airstream.
Moreover, industries are incorporating a variety of eco-friendly air purification technics in a wide range of end-use industries like commercial, industrial, pharmaceutical, and residential. Analogously, due to advancements in technologies the market players are expected to have numerous opportunities in the coming years, hence would further boost the Sustainable Air Filters market globally., "Global Sustainable Air Filters Market Analysis, 2023."
HEPA/ULPA Filter Holds a Considerable Share
Based on product type, the market is further divided into HEPA/ULPA filters, Fiberglass filters, Pleated filters, Baghouse filters, Carbon filters, and Others. Among them, HEPA/ULPA had shown considerable growth for sustainable air filters during the historical period due to the development of infrastructure & industrialization across the region. The filter has been made up of either glass or synthetic materials, which have been beneficial in capturing the smallest-sized (up to 0.3 microns) bacteria or viruses.
HEPA & ULPA filters are two commonly used air filters across households, automobiles, biomedical manufacturing, pharmaceutical manufacturing, semiconductor manufacturing, clean rooms, and hospitals, among others. In the healthcare industry, HEPA filters help in protecting patients from several types of infection as well as employees & visitors from airborne organisms.
Nevertheless, ULPA has the highest quality filter available & has a MERV rating of 20. Thus, the growing adoption of these filters in different infrastructures & the application of better quality material in these products would augment the market for HEPA/ULPA filters in the coming years.
North America Holds a Significant Share of the Sustainable Air Filters Market
Geographically, North America has been a leading region for the overall growth of sustainable air filters across the globe. The region, which includes the US, Canada, and Mexico, has observed an increase in the use of air filters, primarily in the commercial sectors. Rising construction projects, such as green projects in the residential & industrial sectors, have also elevated demand for sustainable air filters in recent years. Government-funded and private construction projects are on the rise as a result of urbanization and surging private investment.
Similarly, significant projects in the construction, healthcare, and commercial sectors, among others, are in the planning stages. These projects are expected to contribute to the growth of sustainable air filters in North America. However, factors such as stringent environmental laws & the growing problem of air pollution have accelerated the expansion of the air filter industry.
Furthermore, to combat these challenges, the US & Canadian governments have developed stringent rules & regulations to reduce the region's alarming pollution levels, which has contributed to the growth of the Sustainable Air Filters market. Additionally, the development of green buildings & smart cities opens up enormous opportunities for North America's expanding Sustainable Air Filters market.
Leading Companies in the Market
According to MarkNtel Advisors, the leading players in the Global Sustainable Air Filters Market are American Air Filter, Absolent Group, Camfil, Philips, Cummins, Purafil, Nippon Muki Co.Ltd, Daikin, MANN+HUMMEL, Vitesy, Donaldson, Freudenberg SE, Koch, Lydall Gutsche, and others.
Key Questions Answered in the Study