With deteriorating indoor and
outdoor air quality over the years, air filters market is proliferating across
the globe. Air filters are multi-layered devices required for filtration of
impurities from the air. Air filters are usually made of
polyester films, cotton, woven or knitted fabrics, paper, synthetic or organic
material, and are designed to meet specific industry standards with respect to
air contaminants. They are required for applicationin heating, ventilation and
air conditioning systems, locomotive air filtration for cabin and engine air
intake, gas turbine air filtration, cleanroom filtration, and industrial air
filtration. TechSci Research is a global market research and consulting company
with offices in Canada, UK and India. TechSci Research provides market research
consulting services in six verticals – Information Technology, Chemicals, Water
& Water Recycling, Consumer Goods & Retail, Automotive and Energy &
Power. The company uses proprietary innovative business model that focuses on
improved productivity that also ensure the creation of high-quality reports.
With more than 100 client engagements with fortune 500 clients, TechSci Research
enjoys the status of a premium market research services provider in the
industry
“Global air filters market
continues to be dominated by Asia-Pacific owing to rapid industrialization
coupled with growth in economies of this region. Air filter manufacturers see
myriad opportunities across this region due to growth of end use industries such
as semiconductors, electronics, power, cement and steel
industry. Asia-Pacific market is anticipated to retain dominance in the market
over the forecast period as well, growing at a higher CAGR in comparison to
other regions.”, said Mr. Karan Chechi, Research Director with TechSci Research,
a research basedglobal management consulting firm.
According to a recently released
TechSci Research report, “Global Air Filters Market Forecast &
Opportunities, 2020“, global air filters market is estimated to surpass USD19
billion through 2020. During recession, demand for air filters was hampered
owing to dip in consumer spending and industrialization. However, the market has
been recovering on account of increasing disposable income coupled with rising
concern regarding air quality and related health disorders.
Air filters are categorised on the
basis of application area as HVAC air filters, gas turbine air filters,
automotive air filters, cleanroom air filters and bag house air
filters. Global air filters market has always been dominated by HVAC air filters
segment, with continuous demand from commercial and residential sectors for new
installations as well as retrofitting of existing systems. Consumer focus on
ambient air quality and energy efficiency of these systems coupled with
recovered consumer spending has been aiding global HVAC air filters
market.
“Global Air
Filters Market Forecast & Opportunities, 2020“ has evaluated the future
growth potential of global air filters market and provides statistics and
information on market structure, industry behaviour and trends. The report
includes market projections and demand forecasting. The report is intended to
provide cutting-edge market intelligence and help decision makers to take sound
investment evaluation. Besides, the report also identifies and analyzes the
emerging trends along with essential drivers, challenges and opportunities
available in global air filters market.
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