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Global HVAC Filters Market Size and Forecast 2023-2032|3M Company, Parker-Hannifin Corporation, Camfil AB, Mann+Hummel, American Air Filter Company Inc.,

The HVAC Filters Global Market Report 2023 by The Business Research Company, provides HVAC filters market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.

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According to The Business Research Company’s HVAC Filters Global Market Report 2023, the market size is expected to grow from $7.94 billion in 2022 to $8.51 billion in 2023 at a compound annual growth rate (CAGR) of 7.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the HVAC filters market is expected to reach $11.02 billion in 2027 at a CAGR of 6.7%.

The increasing circulation of toxic compounds in the air is expected to drive the HVAC filter market going forward. Increased cases of allergies, asthma, headaches, coughs, sinusitis, and other chronic respiratory disorders are among the diseases caused by poor air quality. Furthermore, the increasing circulation of toxic compounds in the air is directing factory owners’ attention toward implementing effective preventive measures to protect the air quality around the premises and to ensure the safety and health of their factory workers. Due to this increase in the circulation of toxic compounds, HVAC filters are used to remove impurities from the air flowing through the system, such as dust, pet dander, and bacteria.

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The HVAC filters market is segmented:

1) By Product: Fiberglass Filter, Pleated Filter, Electrostatic Filter, Carbon Air Filter, HEPA Filter, Pocket Filter, Other Products

2) By Material: Fiberglass, Synthetic Polymer, Carbon Derivatives, Metal, and Other Materials

3) By Application: Residential, Commercial, Industrial

4) By End-Use Industry: Building & Construction, Pharmaceutical, Food & Beverage, Automotive, Other End-Users

Product innovation is the key trend gaining popularity in the HVAC filters market. Major companies in the HVAC Filters are innovating with newer products to stay dominant in the HVAC filters market. In recent times, the market has witnessed the use of innovative air filters with multiple layers, which increase the thickness and weight of the air filter. For instance, in June 2022, Voltas Limited, an India-based air conditioning, and cooling technology company, launched Voltas’ PureAir 6 Stage Adjustable Inverter AC, India’s first AC with HEPA Filter technology. The PureAir 6 Stage Adjustable Inverter AC has the industry’s first AQI Indicator, PM 1.0 Sensor, and HEPA Filter to help purify indoor air. It also has a 6-Stage Adjustable Tonnage Mode that enables the user to switch between different tonnages depending on the ambient temperature or the number of occupants in the room.

The HVAC filters market report table of contents includes:

1. Executive Summary

2. HVAC Filters Market Characteristics

3. HVAC Filters Market Trends And Strategies

4. HVAC Filters Market – Macro Economic Scenario

5. HVAC Filters Market Size And Growth

26. Africa HVAC Filters Market

27. HVAC Filters Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The HVAC Filters Market

29. HVAC Filters Market Future Outlook and Potential Analysis

30. Appendix

Top Major Players: