Industrial Air Filters Market Size, Share, Competitive Landscape and Trend Analysis Report, by Type, End-User Industry and Application : Global Opportunity Analysis and Industry Forecast, 2021-2030

The Industrial Air Filters Market was size valued at $5,796.0 million in 2020, and is expected to reach $12,325.9 million by 2030, registering a CAGR of 8.3% from 2021 to 2030. Air filters are devices that reduce or remove contaminants from the air in the industries to boost indoor and outside air quality. Industrial air filters are important part of any heating, ventilation, and air conditioning system to filter the foreign particles through the air. Industrial air filters are an important component in any industry where processes generate smoke and pollutants.

These filters are utilized for maintaining indoor air quality (IAQ) by filtration of impurities such as pollen, dust, and chemical pollutants in enclosed spaces. Few industrial air filters are highly efficient in trapping around 99.97% particles up to size of 0.3 microns. In addition, industrial air filters also avoid entrance of pollutants in machinery in the industries, which reduces potential damage to machine due to large foreign particles.

Market Dynamics

Moreover, rise in concerns regarding degradation of air quality, especially in urban areas drives sales of industrial air filtration systems. The overall quality of air has been degrading significantly since the ‘Industrial Revolution’. In current scenario, rapid industrialization and urbanization has been influencing degradation in quality of air. This air pollution is mainly caused by burning of fossil fuels in industries, power plants, as well as growth in vehicular traffic in urban areas. According to the World Health Organization (WHO), it is estimated that around seven million people die prematurely each year, due to combined effects of household and ambient air pollution.

Rise in concentration of pollutants in air has increased the mortality rate from heart diseases, stroke, lung cancer, chronic obstructive pulmonary disease, and acute respiratory infections. Industrial air filters act as a barrier, which cleans air in industries, entering through HVAC systems. This reduces overall concentration of pollutants in the air including dust particles, pollen, and non-volatile gases. Thus, degrading quality of air surge demand for air filters, which propels growth of the industrial air filters market.

Furthermore, stringent government policies for maintaining indoor air quality (IAQ) in industrial spaces is expected to drive the demand for industrial air filters. Indoor air quality (IAQ) encompasses different sources and types of pollutants inside residential, commercial, and industrial buildings. Indoor air quality is an important cause of diseases and premature deaths in developing countries. According to the WHO, high exposure to smoke from cooking fires causes approximately 3.8 million premature deaths every year, especially in middle- and low-income countries. Further, indoor air pollution has both immediate and long-term effect on occupants, which has gained attention within local governments. For instance, according to the National Clean Air Program (NCAP) by the Government of India, several action points for have been taken to improve indoor air pollution.

These include offering building specific protocols and guidelines on management and monitoring of indoor air quality. In addition, the policy also declares provisions and guidelines for building designs that define clean cooking, proper ventilation, and maintenance of healthy air quality in houses under the Pradhan Mantri Awas Yojana (PMAY).

Similarly, in developed nations, laws and regulations for maintenance of indoor air quality are more stringent. For instance, the Environmental Law Institute (ELI) in the U.S. tracks developments in policies related to indoor air quality (IAQ) in homes, schools, and other buildings. According to ELI, in April 2021, the Vermont state legislature in the U.S. took $15 million from the American Rescue Plan to support the School Indoor Air Quality Grant Program. The program offers financial grants to schools for maintenance, repair, and upgradation of HVAC systems complying with the Centers for Disease Control and Prevention (CDC) declared COVID-19 and American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) guidelines. Such policies are anticipated to drive growth of the industrial air filters market.

Further, High-efficiency particulate air or HEPA filters have extraordinary filtration efficiencies, which theoretically removes 99.97% of impurities larger than 0.3-micron size in the air, including bacteria, pollen, dust, mold, and other airborne particles. Thus, HEPA filters are mainly prominent in indoor spaces, which require efficient air filtration such as hospitals, clean rooms, and pharmaceutical industries. Enclosed hospital spaces are often filled with bacteria, allergens, and germs from patients, which are dangerous for health of people present in the building. Installation of HEPA filters to existing HVAC system assists in trapping these impurities thus, avoiding spread of diseases or allergies. Similarly, pharmaceutical drugs and device manufacturers highly utilize HEPA filters to avoid contamination of products during manufacturing process.

Thus, HVAC filter manufacturers offer specialized products for the life sciences industry. For instance, a Sweden-based firm Camfil AB released the Megalam EnerGuard HEPA filter in 2020, specially designed for life science applications. The filter failure rate at installation is less than 1% and allows cost savings by 30%. Such developments in HEPA filter products are expected to drive the growth of the industrial air filters market.

Moreover, rise in concerns regarding degradation of air quality, especially in urban areas drives sales of industrial air filtration systems. Increase in pollution levels, owing to elements such as vehicular traffic and industries has affected the overall air quality, which is affecting health of people on a large scale. High pollution levels generally cause short term effects such as nausea and dizziness, however, long term exposure to pollutants can cause fatal effects on respiratory, nervous, and reproductive systems. Thus, maintenance of indoor air quality (IAQ) plays a vital role in preserving health and safety of occupants in industrial workspaces, where people spend majority of their time. This is expected to drive the growth of the industrial air filters market.

Furthermore, stringent government policies for maintaining indoor air quality (IAQ) in industrial spaces is expected to drive the demand for industrial air filters. For instance, the U.S. Center for Disease Control and Prevention (CDC) recommended use of portable industrial grade industrial air filter units to propel removal of pollutant particles in construction zones, manufacturing & engineering facilities, rooms with inefficient ventilations, and patient care rooms. This is expected to drive the industrial air filters market growth.

However, industrial air filters require constant cleaning and replacement in spaces with high pollution levels. Highly productive industrial air filters often utilize pleated and thick media for efficient filtration, which gets blocked and prevents free flow of air through industrial air system and reduces productivity of these systems. This is expected to restrain the growth of the industrial air filters market.

Furthermore, during the outbreak of the COVID-19 pandemic, construction, manufacturing, hotel, and tourism industries were majorly affected. Manufacturing activities were halted or restricted. Construction and transportation activities, along with their supply chains, were hampered on a global level. This led to decline in manufacturing of industrial air filters as well as their demand in the market, thereby restraining the growth of the industrial air filter market. Conversely, industries are gradually resuming their regular manufacturing and services. This is expected to lead to re-initiation of industrial air filter companies at their full-scale capacities, which is expected to help the industrial air filter market to recover by end of 2021.

On the contrary, rise in awareness regarding various diseases caused by polluted air and presence of bacteria and pollen is expected to create opportunities for growth of the industrial air filters market in the future.

The industrial air filters market is segmented on the basis of type, application, end-user industry and region. By type, the market is segregated into HEPA rated & other filter media, ionic, activated carbon and UV filters. On the basis of application, the market is divided into new system and replacement. On the basis of end-user industry, the market is divided into food & beverage, pharmaceutical, chemicals & petrochemical, electronics and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Spain, and rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

On the basis of type, in 2020, the HEPA rated & other filter media segment dominated the industrial air filter market, in terms of revenue, whereas the UV filters segment is expected to witness growth at the highest CAGR during the forecast period. On the basis of application, in 2020, the replacement segment dominated the industrial air filter market and is expected to witness growth at the highest CAGR during the forecast period. Depending on end-user industry, the others segment led the market in 2020, in terms of revenue. Whereas, the electronics segment is anticipated to exhibit the highest CAGR in the coming years. Region wise, Asia-Pacific garnered the highest revenue in 2020; however, LAMEA is anticipated to register highest CAGR during the forecast period.

Competition Analysis

The major players profiled in the industrial air filter market include Ahlstrom-Munksjö, Air Filters, Inc., American Air Filter Company Inc. (Daikin Industries Ltd), Camfil, Donaldson Company, Inc., Filtration Group, Freudenberg Filtration Technologies SE & Co. KG, Lydall, Inc., MANN+HUMMEL and Parker-Hannifin Corporation. Major companies in the market have adopted product launch, business expansion and acquisition as their key developmental strategies to offer better products and services to customers in the industrial air filters market.

Key Benefits For Stakeholders

• The report provides an extensive analysis of the current trends, future estimations, and dynamics of the industrial air filters market. 
• In-depth industrial air filters market analysis is conducted by estimations for the key segments between 2021 and 2030. 
• Extensive analysis of the market is conducted by following key product positioning and monitoring of top competitors within the market framework.
• A comprehensive analysis of four major regions is provided to determine the prevailing opportunities.
• The industrial air filters market forecast analysis from 2021 to 2030 is included in the report.
• The key market players operating in the market are profiled in this report and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the industrial air filters industry.

  Industrial Air Filters Market Report Highlights

Aspects	Details
By END-USER INDUSTRY	Food & beverage Pharmaceutical Chemicals & petrochemical Electronics Others
By APPLICATION	New system Replacement
By Type	HEPA rated & other filter media Ionic Activated carbon UV filters
By Region	North America  (US, Canada, Mexico) Europe  (Germany, UK, France, Spain, rest of Europe) Asia-Pacific  (China, Japan, South Korea, India, rest of Asia-Pacific) LAMEA  (Latin America, Middle East, Africa)
Key Market Players	MANN+HUMMEL, CAMFIL, FREUDENBERG FILTRATION TECHNOLOGIES SE & CO. KG, AIR FILTERS, INC., PARKER-HANNIFIN CORPORATION, FILTRATION GROUP, AMERICAN AIR FILTER COMPANY INC. (DAIKIN INDUSTRIES LTD.), LYDALL, INC., AHLSTROM-MUNKSJÖ, DONALDSON COMPANY, INC.

Analyst Review

The industrial air filters market was valued at $5,796.0 million in 2020, and is expected to reach $12,325.9 million by 2030, registering a CAGR of 8.3% from 2021 to 2030. The growth of the industrial air filter market is majorly driven by rise in industrial pollution, owing to growth of industries. In addition, stringent government policies for maintaining indoor air quality (IAQ) in industrial spaces act as a key driving force of the industrial air filter market.

However, industrial air filters require constant cleaning and replacement in spaces with high pollution levels, which acts as a major restraint of the industrial air filter market. On the contrary, rise in awareness regarding various diseases caused by polluted air is expected to create opportunities for growth of the industrial air filter market during the forecast period.

Major companies in the market have adopted strategies such as product launch, business expansion and acquisition, to offer better products and services to customers in the industrial air filter market.

Author Name(s) : Digvijay Pawar | Sonia Mutreja

Related Tags

• Air Quality Monitoring
• Pollution Control