HVAC Filters Market

Global HVAC Filters Market Size (2024 to 2032)

The global HVAC Filter Market is predicted to grow at a CAGR of 7.4% from 2024 to 2032 and the market size is expected to be valued at USD 16.13 billion by 2032 from USD 9.11 billion in 2024.

HVAC filters are made from non-woven fabrics, polyester, cotton, and polypropylene. They easily remove particles by trapping them in filter materials and effectively retain dust, pollen, mold, and pet dander. The increasing demand for air purification and the use of energy-efficient filtration systems would reduce energy costs, positively supporting the growth of the market.

MARKET DRIVERS

Key factors driving this expansion of the industry include a rising call for HVAC systems, an escalated awareness of indoor air quality, and strict government rules for proper filtration. In addition to that, the escalated funds in the building segment and technological advancements in HVAC filters are predicted to escalate their call during the foreseen period. Research and development aimed at providing an energy-efficient HVAC filter has traditionally been the result of legislative changes to mitigate the effects of global warming to further reduce greenhouse gas emissions. Strong R&D with government initiatives for clean air to stimulate product use has fostered substantial investments in technological innovation. Growing adoption to improve air quality, reduce pollution, and meet required specifications, as well as stringent EU, FDA, and EPA standards for controlling pollution and infections will drive the growth of the HVAC filter market.

Increased consumer inclination towards clean air due to deteriorating indoor and outdoor air quality, as well as the circulation of toxic compounds, would stimulate market demand for HVAC filters. Further infrastructure development in the commercial and residential sectors is expected to stimulate demand for products. Filters are used to keep the air clean while maintaining constant air circulation in the building. These systems also facilitate heating and cooling, by providing humidity control in infrastructure, thus driving market growth. Strict government directives on the use of refrigerant, sulfur oxide, nitrogen oxide, and ammonia would spur demand for HVAC filters on time.

MARKET RESTRAINTS

The high cost of installation and the need for regular product maintenance can affect the profitability of the HVAC filter industry. Regular maintenance of these systems is expensive for consumers. Cleaning and maintenance of the product is hard owing to so many layers of filter media that must be removed and cleaned individually, making it hard for the market to develop. Seeing the changing climate conditions resulting from global warming, technologists have now concentrated enough on driving proper air filtration innovations to meet energy efficiency needs while offering better levels of separation.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global HVAC Filters Market By Material

Depending on the material, the synthetic polymer segment would account for the majority of the HVAC filter market in 2019. Synthetic polymer filter materials are present as layers or stretched films that can be created by a twist or melt process. 

Global HVAC Filters Market By Technology

Based on technology, the HEPA segment will represent the largest share of the HVAC filter market in 2019. HEPA filters can trap 99.97% of dust particles of 0.3 microns or more.

Global HVAC Filters Market By End-User

By end-use industry, the building and construction segment is expected to be the largest market for HVAC filters during the forecast period in terms of volume.

DETAILED SEGMENTATION OF THE GLOBAL HVAC FILTERS MARKET INCLUDED IN THIS REPORT

This research report on the global HVAC filters market has been segmented and sub-segmented based on material, technology, end-user, and region.

By Material

• Fiberglass
• Synthetic Polymer
• Carbon
• Metal

By Technology

• Electrostatic Precipitator
• HEPA
• Activated Carbon
• Others

By End-User

• Building and Construction
• Pharmaceutical
• Food and Beverage
• Automotive
• others

By Region

• North America 
• Europe 
• Asia Pacific
• Latin America 
• The Middle East & Africa 

By region, the Asia-Pacific HVAC filter market is expected to record the highest compound annual growth rate between 2019 and 2024 in terms of volume. The growth of business in this region is mainly credited to enhanced economic conditions in developing economies, augmented construction activities, and rising global warming. Additionally, the presence of various associations supporting the adoption of efficient HVAC systems is expected to stimulate the HVAC filter market in the Asia Pacific during the outlook period.

KEY MARKET PLAYERS

Camfil AB (Sweden), MANN+HUMMEL (Germany), Donaldson Company, Inc. (US), Filtration Group Corporation (US), Koch Filter (US), 3M Company (US), Parker Hannifin Corporation (US), Ahlstrom-Munksjö (Finland), American Air Filter Company, Inc. (US), and Freudenberg Group (Germany) are some of the key players in the HVAC filters industry. These players have been concentrating on developmental strategies like acquisitions, the latest product innovations, and partnerships to assist them in growing their businesses in untapped and potential industries. They have been adopting different organic and inorganic development strategies to improve their position in the HVAC filter industry.

RECENT HAPPENINGS IN THE MARKET

• 3M's Filtrete brand has declared the launch of the Filtrete Smart Air Filter, the very first Bluetooth HVAC air filter for the house. The new filter eliminates the uncertainty of when to change the filter and provides other information for homeowners to take control of their home air.

• The Ahlstrom Flow2Save has a goal to attain "significant" energy savings with the help of low-pressure drop air filtration media. Introduced at FILTECH in the month of October, this filter media is based on a gradient structure made by combining several advanced media technologies.