HVAC Filters Market Size, Share, Industry, Forecast and outlook (2024-2031)

Global HVAC Filters Market is Segmented By Material (Synthetic Polymer, Fiberglass, Metal, Carbon), By Technology (HEPA, Electrostatic Precipitators, Activated Carbon, Others), By End-User (Building & Construction, Pharmaceutical, Food & Beverage, Automotive, others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

HVAC Filters Market Report Overview

The Global HVAC Filters Market report analyzes the global market size, shares, recent trends, competitive intelligence, and future market outlook. HVAC filters are essential components of heating, ventilation, and air conditioning systems that remove dust, allergens, and contaminants from the air. The market is driven by the increasing focus on indoor air quality, regulations promoting clean air standards, and the growing awareness of respiratory health issues. In Europe, the Global HVAC Filters Market is experiencing substantial growth. Key players in the market include Camfil AB, Parker Hannifin Corporation, Donaldson Company, Inc., and other prominent players.

HVAC Filters Market Scope

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HVAC Filters are a core part of home equipment for eliminating air contaminants and ensuring the device's correct working and unhindered operation. It improves air quality while extending the life of household appliances. Air pollution also affects people's health, which can cause breathing problems and other lung disorders. Dirt, pollen, hair, dust, fibers, and various other pollutants in the air shorten the shelf life of both persons and equipment.

HVAC filters the air by trapping impurities when fitted to household equipment and guaranteeing that the equipment functions properly. The air is drawn into the HVAC system by the home equipment and passed via the equipment's HVAC filters. The HVAC filters eliminate contaminants from the air and enable clean air circulation.

HVAC filters effectively improve air quality and the filters' design makes them suitable for a wide range of home appliances. The HVAC Filters are also reusable and significantly more cost-effective due to the fast technology. Fiberglass air filters, pleated air filters, HEPA filters, and UV filters are all examples of HVAC filters.

HVAC Filters Market Dynamics

Tremendously improving demand for HVAC systems has improved the market share for HVAC filters.

Tremendously improving demand for HVAC systems has improved the market share for HVAC filters

According to the State of the Climate report published by the American Meteorological Society, 2018 was the warmest year on record due to increasing global warming. Climate change was noticeable throughout Europe and the Mediterranean Sea and the Middle East, New Zealand, portions of Asia, and areas near oceans. In addition, in 2020, the heat content of the world's seas was the highest on record. Since the 1940s, the ocean heat content (OHC) has increased by roughly 417 petajoules (a billion trillion joules). The increase in heat in 2021 compared to 2020 – over 14 petajoules – is around 23 times the total energy utilized by everyone on Earth in 2019.

Thus overcoming the heating problems has raised the demand for cooling systems. Increasing demand for electrical cooling systems in the summer and natural gas, heating oil, wood, and electrical heating systems in the winter has resulted from variations and changes in climatic conditions. To achieve thermal comfort and satisfactory levels of indoor air quality, residential, commercial, and industrial buildings all over the world lead to an increase in the demand for heating, cooling, or climate control technology.

Furthermore, various governments enact strict regulatory standards for vendors when constructing and retrofitting energy-efficient HVAC systems. For example, starting in January 2015, the European Union's Ozone Depleting Substances (ODS) legislation prohibited using the R-22 refrigerant in all EU member states. Currently, R-22 is used in many HVAC systems; however, R-22 will grow more expensive over time and there will be a scarcity.

As a result, consumers will need to replace their existing HVAC systems, which will boost demand for contemporary, energy-efficient HVAC systems with programmable thermostats for temperature management throughout the day. Thus, increasing regulatory standards has improved the HVAC systems replacement percentage, creating market growth opportunities for HVAC filters to grow in the forecast period.

High maintenance costs and rising environmental concerns are the major challenges to the market growth of HVAC filters

HVAC filters are essential to the efficiency of HVAC systems. These filters can trap the dust and pollen particles that flow through the systems. Depending on their MERV ratings and dust collection capabilities, these filters are used in pharmaceutical manufacturing plants and food and beverage processing units. HEPA filters, for example, are commonly employed in pharmaceutical and cleanroom applications because they can filter out every 0.3m dust particle. However, such filters are expensive and might obstruct airflow. To maintain airflow through filters, HVAC systems with HEPA filters/efficient filters demand more energy and power. The higher the efficiency of HVAC filters, the more energy HVAC systems consume.

Furthermore, most filters need to be replaced when they reach the end of their shelf life or when dust particles clog the filter material. The cost of filters is also affected by the price of raw materials used in filter media production. The price of synthetic polymer, for example, is affected by crude oil price fluctuations. For instance, an HVAC filter will cost on average US$374 to repair, with a high of US$1,640 and a low of US$65. However, repair costs vary greatly depending on the requirement; replacing an HVAC filter is less expensive than fixing a motor. Thus high maintenance cost has shown severe market growth challenges for HVAC filters.

COVID-19 Impact on HVAC Filters Market Growth

Consumers, businesses, and communities worldwide are concerned about the COVID-19 pandemic, creating significant fear and economic suffering. Manufacturers, including HVAC system manufacturers, are confronting unexpected hurdles due to the crisis.

Person-to-person transmission is the principal mode of COVID-19 transmission. Although social distancing is an essential step in limiting COVID-19 transmission, respiratory droplets can be conveyed through a building's HVAC system and infect others regardless of whether or not social distancing measures are in place.

According to a recent study done by Air Conditioning, Heating, and Refrigeration (ACHR) Magazine to assess the impact of COVID-19 on the sector, more than half of respondents chose "business is slowing" or "the business has dropped down severely." Furthermore, the COVID-19 outbreak significantly influenced the worldwide HVAC system industry, mainly due to reduced building activity and the temporary shutdown of HVAC production units.

Furthermore, demand for new insulation systems has decreased due to the pandemic and commercial HVAC manufacturers have cut their manufacturing rates.

Thus reduction in HVAC system demand has also impacted the global HVAC filters market during COVID-19

HVAC Filters Market Segment and Shares

The global HVAC filter market can be segmented on material, technology, end-user, and region.

High-efficiency particulate air (HEPA) filters are expected to benefit from the increasing use of these air filters in commercial and industrial settings

The global HVAC filter market is segmented based on technology into HEPA, electrostatic precipitators, activated carbon, and others. HEPA holds a dominating market share in the HVAC filter industry out of the mentioned technologies. Due to these filters' extremely high filtration efficiency, demand for HEPA filters has increased dramatically in recent years. HEPA filters can filter particulate matter with a diameter of as small as 0.3 m with a 99.97 percent efficiency.

HEPA filters help create a laminar airflow, which helps to improve filtration effectiveness. The ability of HEPA filters to show excellent performance in a wide range of atmospheric circumstances, including sensitive, moisture-prone, and bad weather situations, is driving up demand.

Government laws governing the amount of air purity that must be maintained in various commercial institutions are likely to increase product demand from sectors such as hospitals, the food, and beverage industry, and corporate offices.

Furthermore, the global market for high-efficiency particulate air (HEPA) filters is expected to benefit from the increasing use of these air filters in commercial and industrial settings. The international high-efficiency particulate air (HEPA) filters market is expected to grow as newer versions with the latest integrated technologies and novel ideas enter the market.

For instance, In November 2019, Dyson Ltd, a leading consumer technology business, released the Airblade 9kJ. The new innovative invention is a high-efficiency particulate air-filtered hand dryer that uses very little electricity. The technique aids in the rapid drying of hands while using minimal energy. It's also an excellent replacement for single-use paper towels.

HVAC Filters Market Geographical Analysis

Asia-Pacific has dominated the HVAC filters market and is expected to maintain the growth momentum in the forecast period due to expanding use of appliances in residential and commercial buildings

The HVAC filter market in APAC is the largest and fastest-growing globally. The HVAC filters industry is booming because of the region's extensive building and infrastructure operations. The demand from China, India, and Southeast Asian countries is driving the expansion of the HVAC filter market. Furthermore, Manufacturers in the region are encouraged by lower manufacturing costs and low labor costs. The use of air filters in Asia-Pacific appliances is influenced by rising pollution.

In addition, with the rapid growth of the pharmaceutical sector and the increased prevalence of chronic health diseases such as diabetes, cancer, blood pressure, and other disorders in the region, the North American HVAC filter market is projected to reach over USD xx by 2028.

The rising number of cases of workers developing health problems due to pharmaceutical dust particles emitted during spraying, mixing, blending, encapsulating, coating, and other processes in drug manufacturing should encourage pharmaceutical companies to use highly efficient filtration techniques like HVAC filters in their manufacturing processes. The growing demand for healthcare products and the rapid development of infectious diseases like COVID-19 raise awareness of the significance of cleanliness and sanitation.

HVAC Filters Companies and Competitive Landscape

The global HVAC filter market is highly competitive with local and global companies. Some prime companies contributing to the market's growth are 3M Company, Mann+Hummel, American Air Filter Company, Inc, Troy Filters Ltd, Spectrum Filtration Pvt. Ltd, Parker-Hannifin Corporation, Camfil AB, Donaldson Company, Inc, Freudenberg Group, Sogefi Group, and others.

The major companies are adopting several growth strategies such as acquisitions, product launches, and collaborations, contributing to the global growth of the HVAC Filters market.

• In April 2020, Parker Hannifin Corporation launched QuadSEAL 4, designed specifically for commercial HVAC applications. The product assists building owners in earning LEED green building certification points. Hotels and entertainment complexes, food processing, microelectronics manufacturing, data centers, clean manufacturing facilities, commercial office buildings, government institutions, and industrial manufacturing are just a few places where it can be used.

3M

Overview: The 3M Company is an America-based multinational conglomerate corporation operating in the industry, worker safety, US health care, and consumer goods. Currently, the company is offering more than 60,000 products used in homes, schools, hospitals, businesses, and other industries. 3M has corporate operations in around 70 countries and sales in 200 globally. Post-it brand, Scotch-Brite brand, Scotch brand, Nexcare brand, Filtrate brand, and others are the core brands of 3M. The company’s brands offer their services in different sectors such as automobiles, electronics, energy, government, healthcare, etc.

Product Portfolio:

• Filtrete Smart MPR 2500 Premium Allergen & Ultrafine Particles Air Filters: The Filtrete Smart Premium Allergen & Ultrafine Particle Reduction filter attracts and traps small particles like smoke, cough and sneeze waste, bacteria, and viruses, as well as larger particles like lint, household dust, and pollen. Its Bluetooth-enabled sensor works with the Filtrete Smart App to track filter life and decide the best time to replace them based on your home's HVAC system usage. According to the Environmental Protection Agency (EPA), dirt and neglect are the leading causes of HVAC system inefficiency and failure. Routine maintenance, including filter replacement, is critical for ensuring optimal system performance.

Key Development

• In April 2018, The Filtrete smart air filter from 3M Company was integrated with Amazon Dash Replenishment. The agreement aims to boost sales of the company's air filters on Amazon. When the smart air filter is connected through Bluetooth, it instantly purchases a replacement filter. The air filter is compatible with Bluetooth and Amazon Dash Replenishment, which predicts when the air filter should be replaced and what size and kind to buy. The collaboration has aided the organization in improving the purchasing experience of its clients.

 Why Purchase the Report?

• Visualize the global HVAC filters market segmentation by material, technology, end-user, and region, highlighting key commercial assets and players.
• Identify commercial opportunities in the HVAC filters market by analyzing trends and co-development deals.
• Excel data sheet with thousands of global HVAC filters market-level 4/5 segmentation points.
• PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
• Product mapping in Excel for the key product of all major market players

The global HVAC filters market report would provide approximately 61 market data tables, 56 figures, and 180 pages.