The sustainable air filters market is expected to reach a market size of 28.25 Billion by 2028 and register a CAGR of 7.1% during the forecast period, according to latest analysis by Emergen Research. The report provides detailed insights into Sustainable Air Filters market size, market trends, industry trends, consumer trends, market forecast, revenue share growth, along with ranging impacts of each driver on market size. It also provides analysis of various factors expected to restrain or limit potential growth in Sustainable Air Filters market size over the forecast period, 2020–2028. The steady projected revenue growth can be attributed to technological advancements in air filters, increasing industrialization and urbanization, and increasingly stringent norms and regulations regarding carbon emissions and air pollution, as well as air quality levels and worker safety at workplace and in industries, which is driving demand for sustainable air filters. The report includes profiles of major players in the Sustainable Air Filters market, strategies being employed/deployed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.
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The industrial segment accounted for highest revenue share owing to increasing demand for sustainable air filters for application in manufacturing facilities. Global Sustainable Air Filters market size expansion is significantly supported by contribution from major segments and increasing deployment in a range of applications. While conducting primary research, the researchers observed that the rapid growth of the Sustainable Air Filters Market through the forecast duration is driven by the niche and emerging opportunities for the producers engaged in the worldwide Sustainable Air Filters market. More advanced sustainable air filters are used for filtering out of fine dust particulates and contaminants in manufacturing facilities in order to minimize risk of microbiological contamination and health hazards. The worldwide Sustainable Air Filters market has been categorized as product, end-user, and major geographic regions. In addition, rapidly rising demand and deployment in respective sectors/industries in major and developing countries is supporting growth in terms of Sustainable Air Filters market share contribution of these countries.
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Emergen Research has segmented the global sustainable air filters market on the basis of product, end-use, and region:
- Product Outlook (Revenue, USD Billion; 2021–2028)
- HEPA/ULPA Filters
- Pleated Filters
- Baghouse Filters
- Carbon Air Filters
- Fiberglass Filters
- End-use Outlook (Revenue, USD Billion; 2021–2028)
- Regional Outlook (Revenue, USD Billion; 2021–2028)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
- North America
In terms of Sustainable Air Filters market share and revenue contribution to the global Sustainable Air Filters market, North America is expected to maintain its dominance over other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting rapid increase in Sustainable Air Filters market share.
The market intelligence report on the Sustainable Air Filters Industry also includes an extensive investigation of the competitive landscape. It assesses the business and marketing strategies expected to be present in the market through the forecast years. It also includes an investigation of the recent advancements and other factors driving the growth of the overall market to help comprehend the progress of the companies in the coming years.
Region wise performance of the Sustainable Air Filters industry
In terms of Sustainable Air Filters market size, North America is expected to remain dominant among the other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting Sustainable Air Filters market size growth.
Asia Pacific Sustainable Air Filters market size is expected to remain steady, and register fastest revenue growth rate between 2020 and 2028. Rapid revenue growth rate in countries such as China and India is attributable to rapid growth in Sustainable Air Filters market size in Asia Pacific, and the trend is expected to continue going ahead.
Continuous developments in countries in Europe is expected to support growth in regional market size over the forecast period.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Southeast Asia
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Some Key Highlights in the Report
- In 2018, Germany-based filtration solution company, Mann+Hummel, acquired Hardy Filtration, which is a Canada-based air filtration company to expand its global footprint and manufacturing capabilities.
- In January 2020, Japanese electronics firm, Sharp, expressed its interest to scale up its air purifier business in India to meet rising demand in both consumer as well as B2B spaces.
- The market in Asia Pacific is expected to register a high revenue CAGR over the forecast period due to increasing industrialization and urbanization. Companies in countries such as Japan, India, and China are continuously developing more advanced sustainable air filters and related devices to achieve better air quality levels.
The research provides answers to the following key questions:
- What will be the growth rate and the market size of the Sustainable Air Filters industry for the forecast period 2020-2027?
- What are the major driving forces expected to impact the development of the Sustainable Air Filters market across different regions?
- Who are the major driving forces expected to decide the fate of the Sustainable Air Filters industry worldwide?
- Who are the prominent market players making a mark in the Sustainable Air Filters market with their winning strategies?
- Which Sustainable Air Filters industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
- What are the key barriers and threats believed to hinder the development of the industry?
- What are the future opportunities in the Sustainable Air Filters market?
Table of Content
Chapter 1. Methodology & Sources
1.1. Sustainable Air Filters Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Sustainable Air Filters Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Sustainable Air Filters Market Segmentation & Impact Analysis
4.1. Sustainable Air Filters Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Sustainable Air Filters Market indicators analysis
4.2.2. Sustainable Air Filters Market drivers analysis
188.8.131.52. Rapid urbanization and industrialization
184.108.40.206. Stringent government regulations regarding carbon emissions
220.127.116.11. Increasing prevalence of respiratory diseases
18.104.22.168. Rising need to enhance indoor air quality
4.2.3. Sustainable Air Filters Market restraints analysis
22.214.171.124. High cost associated with the maintenance of Sustainable Air Filters products
126.96.36.199. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 10. Competitive Landscape
10.1. Sustainable Air Filters Market Revenue Share By Manufacturers
10.2. Mergers & Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.3. Asia Pacific
10.5.1.4. Middle East & Africa
10.5.1.5. Latin America
10.5.2.1. North America
10.5.2.3. Asia Pacific
10.5.2.4. Middle East & Africa
10.5.2.5. Latin America
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