The Air Cleaner Filters Market is being driven by Automotive industry recovery and next-gen engine development
The Air Cleaner Filters Market is expected to grow at a CAGR of 9.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 17064.4 million. In today's business environment, the degradation of indoor air quality (IAQ) has emerged as a significant concern due to the increasing levels of pollution both outdoors and indoors. The extensive use of synthetic composites in construction materials has contributed to a substantial deterioration in IAQ. Moreover, electronic devices such as copiers and computers emit radiation, further exacerbating the issue. Despite advancements in construction materials and technology, which have enhanced our lifestyles, they have unfortunately led to a reduction in IAQ. The consequences of poor IAQ can manifest in health issues like sick building syndrome and multiple chemical sensitivity. Consequently, stringent guidelines and regulations have been implemented for commercial buildings to ensure optimal IAQ and maintain a healthy and productive work environment.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
231 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 9.1% |
Market growth 2025-2029 |
USD 17064.4 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
8.0 |
Key countries |
US, China, Japan, India, South Korea, UK, Canada, Australia, Germany, and France |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Air Cleaner Filters Market is experiencing significant growth due to the increasing focus on 'green buildings' and the need for improved indoor air quality. High-efficiency filters like MERV and HEPA are popular choices, capturing dust, pollen, mold, bacteria, and airborne particles as small as 0.3 microns (MPPS). Washable filters and dust collectors are preferred in vehicle parks and industrial settings. Health consciousness and pollution levels have driven demand for germ-destroying air filters containing polyphenols, polycationic polymers, and antimicrobial agents. With the rise of health concerns, the market caters to healthcare sites, addressing respiratory environments and removing microscopic organisms, including dust mites, mold spores, and airborne viruses like the Delta variant. The population's growing awareness of indoor air quality has fueled the market's expansion, making it an essential component of our daily lives.
The Air Cleaner Filters Market is a significant segment of the global building products industry, encompassing companies that manufacture and supply air filtration systems such as MERV and HEPA filters, dust collectors, and washable filters. The market's expansion is driven by several factors, including the increasing trend towards green buildings, heightened health consciousness, and the growing demand for high-efficiency particulate air (HEPA) filters in vehicle miles and vehicle parks. The construction sector's robust growth in both developed and developing economies, fueled by urbanization and public healthcare needs, further bolsters market prospects. Technavio projects the global building products market, which includes the Air Cleaner Filters Market, to experience substantial growth due to these factors.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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