UPDATED SAMPLE 2024-30 MARKNTEL ADVISORS Global Sustainable Air Filters Market Research Report: Forecast (2023- 2028)
Company Overviews MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others. We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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Market Insights The Global Sustainable Air Filters Market is projected to grow at a CAGR of around 7.64% during the forecast period, i.e., 2023-28 due to the increasing awareness of air pollution related to health concerns and to maintain better air quality across the globe. According to WHO, approximately seven million people lost their lives due to diseases & health issues caused by air pollution. Moreover, not only outdoor pollution but also indoor pollution has been a grave cause of concern. Hence, many companies have collaborated with other organizations to increase the production of air filters. For instance, in April 2020, 3M formed a partnership with Cummins to increase the production of HEPA filters for use in 3M’s powered airpurifying respirators. The partnership will help in doubling the current production of filters.
Market Drivers Increasing Awareness Regarding Air Quality Management Air pollution is the world’s biggest environmental health risk, estimated to have contributed to 5 million deaths in 2021 globally. There has also been a strong link between indoor & outdoor air pollution exposure & an increase in the number of diseases. Due to the rising level of air pollution, the demand for air quality management products has increased significantly over the years, and thus has escalated the sales of air purifiers with state-of-theart air filters. Air filters can help remove & reduce airborne particles, including the minute particles which severely affect an individual's health.
Market Segments By Product Type (HEPA/ULPA filters, Fiberglass filters, Pleated filters, Baghouse filters, Carbon filters), By Application Type (Residential, Commercial, industrial), By Regions (North America, South America, Europe, the Middle East & Africa, Asia-Pacific)
Top Companies American Air Filter, Absolent Group, Camfil, Philips, Cummins, Purafil, Nippon Muki Co.Ltd, Daikin, MANN+HUMMEL, Vitesy, Donaldson, Freudenberg SE, Koch, Lydall Gutsche, and others
MarkNtel Advisors Target Geographies- Focus Areas MarkNtel has strategically defined its target areas which are based on evaluation by its analysts after analysing the growth potential of various regions. Few of those parameters include: -Political, Economic, Social, Technological and Environmental Analysis -Credit Ratings provided by leading institutions -GDP projections by bodies such as the World Bank, IMF, OECD, etc. -Market Disruptions and the “Next Big Things”
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