By Guangzhou Airy Filter Media Co.,Ltd | 15 September 2024 | 0 Comments

Key Market Insights of Air Filters Market

Air Filters Market Size, Share & Industry Analysis, By Type (Cartridge Filters, Dust Collectors, HEPA Filters, Baghouses, Others), End-User (Residential, Commercial & Industrial), And Regional Forecast, 2024-2032


The global air filter market size was valued at USD 15.02 billion in 2023. The market is expected to grow from USD 16.0 billion in 2024 to USD 29.1 billion by 2032, at a CAGR of 7.8% during the forecast period.
Air filters are an essential component of heating, ventilation, and air conditioning (HVAC) systems that remove small particles from internal combustion engines. These systems are widely used in residential, commercial, and industrial sectors. They are essential in industrial and residential settings to ensure cleaner and healthier air. The purpose is to capture particles such as dust, pollen, pet dander, mold spores, bacteria, and other airborne particles. They also significantly remove pollutants and particulate matter from indoor air, helping to improve indoor air quality.
Rapid urbanization and industrialization across the globe, in turn, have increased the demand for such products to improve clean air quality in residential and commercial sectors, thereby driving market growth. For instance, according to a statement by the World Bank Group, in 2020, about 55% of the world’s population lived in urban areas, a proportion that is expected to grow to 68% by 2050. Such a huge population growth has created a demand for urban areas. Air filters, driving the market growth. The continuous construction of green buildings and the reuse of such filters are the major trends in the market. The growing awareness about the health risks associated with air pollution has prompted individuals and businesses to invest in air purifiers and filters to improve indoor air quality. In addition, major players plan to invest in R&D technology for filtration systems around the world to expand production capacity. For instance, in November 2022, Daikin Industries Ltd. planned to invest approximately USD 711 million to expand production capacity in India and Southeast Asian countries, driving market growth.
The impact caused by the COVID-19 pandemic has been mixed as supply chain disruptions have negatively impacted several industries and led to a halt in manufacturing activities around the world. However, the air filter market has been least affected during the pandemic due to the growing importance of fresh air. This is due to the growing awareness about indoor air quality. According to the American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE), Standard 52.2 low-efficiency filters with a minimum efficiency ratio value (MERV) of less than 8 are unlikely to purify the air. The reason is that they are not installed correctly. ASHRAE recommends a two-step air filtration approach to prevent the spread of COVID-19.
Increased support from government agencies including ASHRAE and others will complement the growing demand for HEPA filters, dust collectors, and other air quality systems in such pandemic situations. Modern HEPA filters are used in industrial applications (e.g. automotive, manufacturing, etc.) and commercial applications as it can capture approximately 99.95% of airborne bacterial particles. HEPA filters used in home applications prevent the spread of bacterial viruses that cause respiratory diseases. The demand for installing air purifiers will grow rapidly in the coming years. This is due to the growing demand for fresh indoor air quality (IAQ) across the globe.


Air Filter Market Trends
Increasing Demand for Reusable Air Filters Drives Market Growth
Manufacturers compete on the basis of dust holding capacity, consistent airflow, and filtration efficiency. End users are turning to sustainable options including reusable and washable products. These products can control harmful emissions and ensure high indoor air quality by preventing the growth of microorganisms. The payback period for reusable filters is relatively short as the cost required for these systems is less than the cost of purchasing a new filter every 4-6 months. Furthermore, government agencies and various environmental organizations are developing green building standards to ensure fresh indoor and outdoor air quality in all end-use areas.
Asia Pacific is expected to be the fastest-growing region in the global market due to growing urbanization and industrialization in India, China, and other countries. Rising disposable income of the population in countries such as Thailand, China, India, and Malaysia is driving the growth of the market by increasing spending on the adoption of such products in residential spaces. For instance, the disposable income of the Indian population is expected to grow by 6.4% in 2024 compared to 2023, according to Trading Economics.
Europe is expected to grow at a moderate rate during the forecast period. The growing demand for these systems in Italy, Germany, and Spain is driving the growth of the European market. Meanwhile, the growth of the automotive industry in Germany, Spain, and France, which subsequently creates the demand for filter products to maintain indoor air quality, is driving the growth of the market.
Middle East, Africa, and South America are expected to grow steadily during the forecast period. The increasing manufacturing and installation of dust collectors, baghouses, and other systems in the medical, gas turbine, chemical, and aerospace industries in Israel, UAE, Saudi Arabia, South Africa, and other countries is further driving the expansion of the market.

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