HVAC Filters Market has Expected an Auspicious Growth during the Forecast Period | Size, Share, Analysis, Global Forecast Report

HVAC Filters Market

HVAC Filters Market is anticipated to witness a promising CAGR over the forecast period, owing to the surging demand for HVAC systems.

HVAC filters have the ability to maintain a steady air circulation in the building while keeping the air clean. Thus, the growing demand for clean indoor air have raised the use of HVAC systems across the commercial and residential areas, which is one of the major factors fueling the HVAC filters market. Growing deployment of HVAC systems in residential, healthcare, metro rail, and healthcare sectors to facilitate humidity, cooling, and heating in infrastructural facilities will bolster the market share.

Ongoing technological advancements, rising penetration of smart homes, and incorporation of HVAC control from mobile applications are other factors boosting the market growth. However, the growing environmental concerns due to the discharge of hydrofluorocarbons (HFCs) from HVAC systems and unstable prices of raw material might hamper the market growth.

By system, the heat pumps segment is predicted to hold a larger share over the forecast period owing to its cost efficiency, enhanced safety, low maintenance, durability, and reduced carbon emission. Moreover, the ability of superior cooling systems in the summer and heating in weather have encouraged its adoption in commercial, residential, and industrial sectors will propel the market growth.

By material, the carbon material segment is forecast to witness a faster CAGR during the forecast period due to the superior properties of carbon filter for removing air pollutants and odours. Carbon filters traps gases, VOCs, and vapors through chemical adsorption processes making it suitable for HVAC systems in data centres, commercial buildings, food and beverage facilities, driving the market size.

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By region, the Asia-Pacific region is projected to emerge as a faster growing region in the market owing to the rapid urbanization and industrialization in emerging nations. Additionally, rising number of commercial, residential, and industrial buildings including educational institutes, shopping malls,  schools, and residential apartments, will fuel the regional growth.

Market Segmentation:

HVAC Filters Market by System
  • Heat Pumps
  • Rooftop Units
  • Geothermal Heat Pumps
  • Packaged Air Conditioners
  • Split system HVAC
  • Ductless Systems
  • Hybrid HVAC systems
HVAC Filters Market by Material
  • Synthetic Polymer
  • Fiberglass
  • Carbon
  • Metal
HVAC Filters Market by Technology
  • HEPA
  • Electrostatic Precipitators
  • Activated Carbon
  • Others
Global HVAC Filters Market by End-Use Industry
  • Building & Construction
  • Pharmaceutical
  • Food & Beverage
  • Automotive
  • Others
HVAC Filters Market by Region:
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • North America
    • United States of America
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE

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