+1-888-308-5802     
News Contact Us

HVAC filters market is projected to witness exponential growth by 2024

Author : Rahul Varpe | Published Date : 2019-10-07 

Global Market Insights has recently added a report on HVAC Filters Market Share 2019-2024 which provides a succinct analysis of the market size, revenue forecast, and the regional landscape of this industry. The report also highlights the major challenges and current growth strategies adopted by the prominent companies that are a part of the dynamic competitive spectrum of this business sphere.

China HVAC filters market size may witness significant gains up to 4.5% by 2024. The product is utilized in food & beverage and construction industries to enhance clean air levels, protecting workers life. New product innovations and demand for reducing airborne contamination is anticipated to stimulate HVAC filters industry size over predicted timeframe. Rising economic standards with growing awareness about environment is likely to propel market growth.

Request for a sample copy of this report @
https://www.gminsights.com/request-sample/detail/236

HVAC Filters Market size is set to surpass USD 13 billion by 2024. Growing consumer awareness for contamination free air and reduction in airborne diseases would propel HVAC filters industry growth. Particulate contaminants include several airborne physical matters like microorganisms, pollens, dust, smoke, and fumes which are harmful for environment. The product provides effective means to control toxins by reducing their concentrations to adequate levels or eradicating them from the ventilation air, thereby stimulating market growth.

HVAC Filters Market, By Product

  • Fiberglass Filters
  • Pleated Filters
  • Electrostatic Filters
  • Carbon Air Filters
  • HEPA
  • Pocket
  • Others

HVAC Filters Market, By Application

  • Residential
  • Non-Residential
    • Commercial
    • Office
    • Institution
    • Healthcare facilities
  • Industrial
    • Food & Beverage
    • Pharmaceutical
    • Construction
    • Livestock production facilities


Make an inquiry for purchasing this report @
https://www.gminsights.com/inquiry-before-buying/236

U.S. HVAC filters industry size is anticipated to surpass USD 1 billion owing to rising outdoor air pollution. It is an influential product which regulates and monitors air temperature, pressure, and air quality. Changing consumer preference for resisting air contamination with energy efficiency is likely to foster market growth.

Cost concerning maintenance and installation of the product owing to high capital investment in production process might distress HVAC filters market price trends. Rising price of raw materials including nylon, polypropylene, and non-woven fabric can incur further compliance cost, which may hamper industry profitability.

HEPA filters industry size may witness strong growth of over 7% at the end of 2024. These filters are utilized in healthcare settings owing to high MERV rating and efficiency. They are recommended by OSHA and EPA to enhance air quality and remove airborne infection in healthcare facilities. HEPA filter removes 99.97 percent of dirt, dust, tobacco smoke and other pollutants from the air driving HVAC filters demand.

HVAC filters industry size from pharmaceutical application may observe strong gains up to 3% by 2024. Filtration in pharmaceutical plays a crucial role owing to manufacturing drugs safely and timely. High occupational safety necessities are increasing the need for a contamination-free environment in the pharmaceutical sector, thus propelling product demand.

HVAC filters market is competitive and moderately fragmented with key industry participants including Koch, Spectrum Filtration, Tex-Air, Parker Hannifin Corp, Emirates Industrial, and Troy Filters. Manufacturers are making heavy investments in R&D, product innovation and capacity expansion in order to cater growing product demand.

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: [email protected]
 

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

Related News

Super Absorbent Polymer Market by Applications and Growth Forecast To 2024

Published Date: 2019-12-13         Author: Rahul Varpe

The 'Super Absorbent Polymer Market' report added recently by Global Market Insights evaluates the industry in terms of market size, market share, revenue estimation, and geographical outlook. The study also delivers a precise summary that illustrates the competitive milieu, growth opportuni... Read More

Industrial Head Protection Market by Regional growth Forecast To 2024

Published Date: 2019-12-13         Author: Rahul Varpe

Global Market Insights, Inc. has recently added a new report on industrial head protection market which provides a succinct analysis of the market size, revenue forecast, and the regional landscape of Industrial Floor Coatings industry. Today, construction companies have designed a new kind of sa... Read More

Muconic Acid Market Growth Analysis By Regional Players | 2019-2024

Published Date: 2019-12-13         Author: Rahul Varpe

The global muconic acid market is projected to have a significant demand from the textiles industry by 2024. As per the trends presented by FICCI in 2014, North America and Europe held strong positions in textile production with the respective market shares of 14% and 36%. Growing spending capabi... Read More

© 2019 Fractovia. All Rights Reserved