• Stacy Lawlor

Global Air Filters Market Size to grow $20.3 bn in 2028 at a CAGR of 7.30%.

The Global Air Filters Market Size was valued at USD 12.36 billion in 2021. The market is projected to grow to USD 20.3 billion in 2028 at a CAGR of 7.30%. The rise in CAGR is due to the rise in demand which is projected to return to the pre-pandemic levels once we overcome the COVID-19 pandemic.

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Air filters are vital in removing minute particulates from internal combustion engines with help of heating, ventilation, and air-conditioning systems. Moreover, air filters are also used extensively in air-moving devices such as air handlers, fan coils, and terminal devices. In addition, these filters are a crucial part of air purifiers which have been used extensively to maintain clean air circulation.

Increasing Installation of Air Filters Amidst the COVID-19 Pandemic Is Driving Growth

In recent times, travel restrictions due to COVID 19 lockdowns had driven the demand indoor air purifiers which had buoyed the air filters market. Moreover, support from government bodies across countries such as Ventilation and Air Conditioning Association, Federation of European Heating, American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) and others has also contributed to the rise in demand for dust collectors, HEPA filters, and other air quality systems which have led to a boost in sales for the global air filter market.

Increasing Demand for Air Filters Is a Foundation for Future Market Growth

Environmental organizations and local governmental bodies are focusing on developing green buildings. Therefore, the growing demand for green buildings with increased use of reusable air filters has bolstered growth.

Growing Demand in Automotive Industry

Air filters are having its vital functionality to improve efficiency while shielding engine components from harmful dust particles and cleaning the internal combustion engines Moreover, air filters have its high usage trends in automotive industry such as vehicle parks, vehicle miles driven, filters embedded in the vehicles, and others. In addition, these filters are crucial part of automotive industry. These, are boosting the growth and increasing utilization of air filters.

North America is the largest market for air filters owing to the high growth of the automotive industry in the region. Moreover, the demand for air filters is fostered by the growth in preventive measures undertaken by the American Government to reduce the challenges caused by air pollution from the industries.

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The air filter market in the Asia Pacific is expected to experience the highest compound annual growth rate (CAGR) owing to rapid industrialization and urbanization across China, India, and other countries. The increasing industrialization and urbanization have led to increased air pollution which is an opportunity for the air filter manufacturers.

In Europe, the air filtration market has grown in Germany, Spain, and Italy. Several stringent rules and government initiatives and regulations are expected to drive the growth of the air filter market in Europe.

In the air filtration market, the HEPA filters are expected to drive the market over the forecast period, owing to increasing demand during the pandemic, in the residential, commercial, and industrial sectors. Moreover, these filters have 99.97% dust removing capacity which has led to traction across the automotive, healthcare, real estate, and other industries.

Read more details on this report: https://extrapolate.com/Automotive/air-filters-market/15959