The Global Air Filtration Media Market refers to the industry that produces and supplies materials used for air filtration systems. These materials are designed to remove impurities, pollutants, and other harmful particles from the air, making it safer and healthier to breathe. Air filtration media can be made from a variety of materials such as activated carbon, fiberglass, polyester, and polypropylene.
The Global Air Filtration Media Market size was valued at $3,573.0 million in 2018, and is projected to reach $5,347.6 million by 2026, growing at a CAGR of 5.0% from 2019 to 2026. In 2018, Asia-Pacific dominated the global market in terms of revenue, accounting for around 33.5% share, followed by LAMEA.
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Top Companies
3M, Ahlstrom-Munksjo, AIM Nonwovens and Interiors Private Limited, Air filters, Inc., Berry, Cabot Corporation, Calgon Carbon Corporation, Clean & Science, Donaldson company, Inc, Elta Group, H&V, HVDS, Innovatec, Irema, Johns Manville, Lydall, Permatron Corporation, Porvair Filtration Group, Sandler, Schweitzer-Mauduit International, Inc, Superior Felt And Filtration, LLC, and Toray.
The air filtration media market has witnessed an unprecedented demand in the recent years, due to increased concerns about high efficiency and productivity, especially in HVAC industry. Moreover, factors such as increase in number of manufacturing industries and surge in awareness about air pollution boost the adoption of air filter media. However, the air filtration media market in LAMEA is in its nascent stage and is expected to witness significant growth in the future.
Asia-Pacific region are anticipated to provide lucrative opportunities for the market players, owing to economic growth and improvement in access to advanced technologies in these regions. However, high product and installation cost restrict the market growth. Furthermore, there is a decline in the new construction of coal power plants. This reduced the demand for the air filters media used in power manufacturing sector, thereby restraining the air filtration media market growth during the forecast period.
The HVAC segment dominates the market after transportation segment due wide demand for machinery, construction, metal, and plastic industries. There is high demand for the air purifier in the fast emerging economies such as India and China, owing to the presence of several local and regional manufacturers. Such factors fuel the adoption of air filter media globally.
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This report discusses various aspects of the market. In recent times, various air filter media are being used in the pharmaceutical and logistics industries. Based on media type, the spunbond segment with its long-range operation capabilities contributes to the largest share in 2018. Furthermore, based on end user, in 2018, the commercial segment was the highest revenue contributor across the globe, owing to the features which offers high durability. This in turn is expected to fuel the growth of the market.
The Aftermarket segment has the highest share in the air filtration media market in 2018, and is expected to grow at a CAGR of 5.2% during the forecast period. In terms of usage, the disposable is expected to offer the highest market share in the coming years. Moreover, rise industrialization is expected to contribute lucrative growth opportunities to small manufacturers across the globe.
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