Dublin, April 07, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/n5smdd/global_air) has announced the addition of the "Global Air Filters Market Forecast and Opportunities, 2020" report to their offering.
Global market for air filters is projected to surpass USD19 billion through 2020
HVAC, automotive and bag house air filters are the dominant segments in the market, followed by cleanroom air filters and gas turbine air filters. Although air filters penetration remained highest across Americas during the initial years of their development, over the last few years, Asia-Pacific has emerged as the most prominent market for air filters across the globe. Asia-Pacific is currently dominating the market on account of growth in end use segments. Booming construction industry with new construction projects, in addition to renovation projects, has been adding to growth in the market for medium efficiency filters.
Asia-Pacific has also been witnessing entry of giant pharmaceutical players in the market to cater to the domestic and export demand. Pharmaceutical industry demands extensive use of HEPA filters for HVAC systems and cleanroom applications, and is anticipated to surge demand for air filters in Asia-Pacific market over the forecast period.
Growing construction industry and rapid industrialization across the globe have been influencing the indoor and outdoor air quality. Growing concern regarding indoor air quality and its health effects has been the key factor driving the market for air filters, globally. Demand for air filters has also been surging on account of stringent standards with regard to work environment across various industries. Industries have been focusing on new installations as well as retrofitting of existing systems with quality air filters to comply with industrial dust emission standards.
Although, global air filters market registered sluggish growth post global recession and Eurozone crisis, the market is expected to witness moderate growth through 2020, owing to economic recovery and increase in disposable income of consumers. Moreover, a large number of construction projects are being undertaken across the world, affecting air quality and thereby escalating demand for air filters, globally.
Trends and Developments
- Green Solutions
- Installation of HEPA filters across HVAC segment
- Energy Efficiency Coupled With Cost Reduction
- Mergers and Acquisitions
- Shift from Conventional Bag House Filters
- Inducing Filter Media Market
- Adoption of Nano-Technology
- Technological Innovations
Key Topics Covered:
1. Research Methodology
2. Analyst View
3. Filters - Product Overview
4. Air Filters- Product Overview
5. Global Air Filters Market Outlook
6. Americas Air Filters Market Outlook
7. APAC Air Filters Market Outlook
8. Europe Air Filters Market Outlook
9. Market Dynamics
10. Trends and Developments
11. Policy & Regulatory Landscape
12. Competitive Landscape
13. Strategic Recommendations
Companies Mentioned
- American Air Filters
- Sogefi Group
- Camfil Farr
- Freudenberg Filtration Technology
- Donaldson
- Flanders Corporation
- CLARCOR Inc.
- 3M Purification Inc.
- FLSmidth
- W. L. Gore & Associates
- Neundorfer, Inc.
- K&N Engineering
- Denso Corporation
- Mahle
- Mann+ Humel
- A C Delco
- Affinia Group Inc.
- Cummins
- Ahlstrom
- Sefar Holding AG
For more information visit http://www.researchandmarkets.com/research/n5smdd/global_air