Overview and Scope
Air filter media refers to air filter material which is a filtering component used in air filters and depending upon the application different type of air filter is used. The air filter media is manufactured using short manmade, natural or fiberglass fibers that are formed into a paper-like material in paper-making equipment.
Sizing and Forecast
The air filter media market size has grown strongly in recent years. It will grow from $4.28 billion in 2023 to $4.55 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to air quality concerns, stringent environmental regulations, industrialization and urbanization, HVAC system penetration, rise in automotive production, economic growth.
The air filter media market size is expected to see strong growth in the next few years. It will grow to $6.04 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to airborne disease concerns, focus on indoor air quality, e-commerce boom, electric vehicle growth, energy efficiency regulations. Major trends in the forecast period include technological advancements in filtration media, HVAC system upgrades and retrofits, sustainable and eco-friendly solutions, smart air filtration technologies, customization for specific applications.
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Segmentation & Regional Insights
The air filter media market covered in this report is segmented –
1) By Type: Nonwoven Fabrics, Fiberglass, Filter Paper
2) By Grade: HEPA, MERV, ULPA
3) By Application: HVAC, Air Purifier, Face Mask, APC, Industrial Manufacturing, Transportation
4) By End-Use: Food & Beverage, Metal & Mining, Chemical, Pharmaceutical, Power Generation, Other End-Users
Asia-Pacific was the largest region in the air filter media market in 2023. This region is expected to continue to be the fastest growing region in the air filter media market share during the forecast period. The regions covered in the air filter media market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The decrease in the quality of air globally is expected to contribute to the growth of the air filter media market during the forecast period. Air pollution causes dangerous health problems such as cardiovascular, respiratory diseases, and cancers. According to the US Environmental Protection Agency’s national ambient air quality standards, exposure to very fine particulate matter known as PM2.5 is considered safe as long as the person breathes an average of 12 micrograms per cubic meter of air or less per day. For instance, according to the 2021 World Air Quality Report, out of 117 countries, regions, and territories, 16 have exceeded 10 times of standard micrograms per cubic meter metric, and 20 exceeded 7 to 10 times of standard metric of micrograms per cubic meter. Therefore, the decrease in the quality of air globally boosted the demand for air filters or purifiers and this, in turn, drives the growth of air filter media market during the forecast period.
Key Industry Players
Major companies operating in the air filter media market report are Minnesota Mining and Manufacturing Company, Cummins Inc., Toray Industries Inc., Parker Hannifin Corporation, Berry Global Group, Freudenberg Group, Mann+Hummel, Lennox International Inc., Donaldson Company Inc., Ahlstrom-Munksjo, American Air Filter Flanders, Elta Group, Filtration Group Corporation, Lydall Inc., Camfil Group, Calgon Carbon Corporation, Nederman Holding AB, Hollingsworth & Vose Private Lim Ited, Johns Manville, Clean & Science, Fibertex Nonwovens A/S, Flanders/CSC Corporation, Schweitzer-Mauduit International Inc., Porvair Filtration Group, Koch Filter Corporation, The Cary Company, Airex Filter Corporation, Superior Felt And Filtration LLC., Permatron Corporation, AIM Nonwovens And Interiors Private Limited, High Voltage Distribution System company, Innovatec India Private Limited, Irema, Sandler LLC, Bayerische Wollfilzfabriken KG Envirotec, K&N Engineering Inc., A.L.Filter Ltd., Pure Air Filtration LLC, Blueair AB, Purafil Inc., Filtrair BV
The air filter media market report table of contents includes:
1. Executive Summary
2. Air Filter Media Market Characteristics
3. Air Filter Media Market Trends And Strategies
4. Air Filter Media Market – Macro Economic Scenario
5. Global Air Filter Media Market Size and Growth
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32. Global Air Filter Media Market Competitive Benchmarking
33. Global Air Filter Media Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Air Filter Media Market
35. Air Filter Media Market Future Outlook and Potential Analysis
36. Appendix
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