Growth Factors of HEPA Filters Market
The global HEPA filters market size was valued at USD 2.48 billion in 2018 and is projected tgrow tUSD 6.87 billion by 2032, exhibiting a CAGR of 7.0% during the forecast period of 2020-2032.
The COVID-19 pandemic substantially boosted the HEPA filter marketplace due theightened consciousness of air exceptional and the need for superior filtration systems in healthcare, residential, and business settings. The expanded call for smooth environments in hospitals, laboratories, and quarantine facilities and a surge in home air purification structures drove HEPA filters market growth.
The HEPA filters marketplace is pushed by increasing focus on indoor air remarkable, stringent pointers for air pollutants management, and the adoption of filtration systems in healthcare, residential, and enterprise sectors. The developing occurrence of breathing illnesses, coupled with upgrades in air purification technology and the growing use of HEPA filters in rising programs.
The HEPA clear-out marketplace is experiencing significant growth driven by increasing worries about air niches and the unfolding of airborne sicknesses. Key traits consist of the growing call for high-efficiency filtration in residential and commercial settings, which include air purifiers for houses and places of work, as well as in commercial programs like pharmaceutical production and healthcare facilities, leading tthe expansion of HEPA filters market share globally. Additionally, advancements in clear-out generation, such as the improvement of more efficient and durable materials, are contributing tthe boom of this market.
Comprehensive Analysis of HEPA Filters Market
The HEPA filters marketplace is segmented by software and stop-consumer. Applications include HVAC systems, which can be in high call for residential, business, and commercial areas because of their performance in air purification and energy-saving advantages; cleanroom filters, utilized in studies centers and industries like semiconductors and meals and beverage; air purifiers, driven by way of the need for indoor air fine, mainly for bronchial asthma sufferers; automobile filters, important for engine temperature law and vehicle safety; and fuel turbine filters. End-person segments contain residential and business & industrial sectors. The healthcare and pharmaceutical industries are key drivers within the industrial quarter, requiring superior HEPA filters for maintaining sterile environments. The residential section sees huge increase in populous international locations like China and India, fueled via growing cognizance of air pleasant.
The Asia Pacific region led the HEPA filters market by benefitting a size of USD 831.6 million in 2018 due tthe relatively slow rate of commercialization in this region.
The leading players in the HEPA Filters Market significantly influence its growth trajectory and set industry standards. These key players, including American Air Filter Company, Inc., Camfil, W. L. Gore & Associates, Inc., Oracle, APC Filtration, Parker-Hannifin Corporation, Freudenberg, Donaldson Company, MayAir Group, Mann+Hummel Group, and Koch Filter, contribute ta competitive landscape by driving innovation and advancing market development through the delivery of high-efficiency filtration solutions.
In May 2019, Camfil added a brand new air filtration system with the aid of putting in innovative bus shelters across Sweden, efficaciously enhancing city air first-rate and driving better demand for HEPA air filters.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2015-2026
Base Year 2018
Forecast Period 2019-2026
Historical Period 2015-2017
Unit Value (USD Million)
Segmentation By Type
Air Purifiers
HVAC Systems
Cleanroom Filters
Automotive Filters
Gas Turbines Filters
By End-User
Household
Commercial and Industrial
Airports
Healthcare
Pharmaceuticals
Commercial Buildings
Data Centers
Semiconductors & Microelectronics
Food & Beverage
Others
By Geography
North America (U.S. and Canada)
Europe (U.K., Germany, France, Italy, and Rest of Europe)
Asia Pacific (Japan, China, India, and Rest of Asia Pacific)
Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
Latin America (Brazil, Mexico, and Rest of Latin America)
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