LONDON–(BUSINESS WIRE)–The global air filter market is expected to grow by USD 5.93 billion between 2020-2024. Steady growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of 6%. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Request free sample pages
Read the 127-page report with TOC on “Air Filter Market Analysis Report by End-user (HVAC, Industrial, Automotive, and Others) and Geography (APAC, North America, Europe, MEA, and South America), and the Segment Forecasts, 2020-2024”.
https://www.technavio.com/report/report/air-filter-market-industry-analysis
The market is driven by the increasing demand from the automotive industry. In addition, the increasing demand for washable and reusable filters is anticipated to boost the growth of the Air Filter Market.
The automotive sector is one of the key end-user industries for the global air filter market. Automobiles powered by fossil fuels have two types of air filters: cabin air filter and engine air filter. The cabin air filter is used to remove the potentially harmful particles entering the cabin. It aids in filtering out dust particles or pollen floating around in the air and makes the cabin air cleaner. The engine air filters capture the particulate matter and restricts its entry into the engine cylinders, therefore reducing the scope for oil contamination and mechanical wear. With the growth in the automotive industry, the air filter market is also expected to witness significant growth during the forecast period.
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
View market snapshot before purchasing
Major Five Air Filter Companies:
3M Co.
3M Co. has business operations under various segments, such as safety and industrial, transportation and electronics, health care, consumer, and corporate and unallocated. The company offers a wide range of air filters such as Filtrete Healthy Living Air Filters, Filtrete Allergen Defense Air Filters, Filtrete Basic Air Filters, Filtrete A/C Filter, and others.
Ahlstrom-Munksjo Oyj
Ahlstrom-Munksjo Oyj operates its business through various segments: decor, filtration and performance solutions, industrial solutions, and specialties. The company offers a wide range of air filters for industrial and automotive purposes such as air pollution control filters, gas turbine filter media, cabin air, vehicle air intake, and others.
Camfil AB
Camfil AB offers air cleaners and air purifiers, pulse filters, molecular filters, and high temperature filters.
Cummins Inc.
Cummins Inc. has business operations under various segments, such as engine, distribution, components, power systems, and new power. The company’s key offerings include NanoForce Air Filters, Direct Flow Air Filtration, OptiAir Air Filtration, Magnum RS Air Filtration, and Cabin air.
Daikin Industries Ltd.
Daikin Industries Ltd. operates its business through various segments, such as air conditioning, chemicals, oil hydraulics, and defense. The company’s key offerings include American Air Filter (AAF) and NIPPON MUKI.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Technavio’s SUBSCRIPTION platform
Air Filter Market End-user Outlook (Revenue, USD bn, 2020-2024)
- HVAC
- Industrial
- Automotive
- Others
Air Filter Market Geography Outlook (Revenue, USD bn, 2020-2024)
- APAC
- North America
- Europe
- MEA
- South America
Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
