Fatpos Global has released a report titled “Air Filter Media Systems Market – Global Analysis of Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2030” which is anticipated to reach USD 780 Million by 2030. According to a study by Fatpos Global, the market is anticipated to portray a CAGR of 3.7% between 2020 to 2030. Air filters are of great importance to the healthcare industry, wherein they are used across hospitals and pharmaceutical and biotechnology manufacturing. In hospitals, air which contains particulates can be harmful to patients, which can further deteriorate the patient health. Besides, unfiltered indoor air can transmit bacteria, infections, germs, and viruses, to patients which can be life-threatening. Moreover, there is a rise in awareness and sensitivity toward air pollution among the public. The increase in the number of programs and campaigns by various institutions such as Client Earth leads to an increase in awareness. Such awareness programs increase the level of knowledge among citizens, which promotes them to buy air filters. These factors are expected to drive the growth of the air filtration media market in the coming years.
The market report on Air Filter Media Systems Market includes in-depth insights as:
“Some of the important factors driving the growth of the air filtration media market are growing awareness and vulnerability to air pollution, rising demand for air philters in the healthcare industry, and the filth of air quality to increase the emphasis on curbing air pollution,” said a lead analyst at Fatpos Global.
Increasing industrialization, along with economic growth worldwide, has led to an increase in urbanization. As there is a rise in the air, liquid, and soil emissions, this increase in industrialization has created a market for industrial filters. As it covers manufacturing processes and pollution control, air filter media is one of the industries with the most growth potential. Both developing and developed countries are major business centers for the media industry for air filters. For many developed and developing countries, including China, India, Brazil, Chile, Indonesia, the US, Germany, Japan, South Korea, France, and Italy, manufacturing is one of the increasingly growing sectors. A big contributor to the GDP of these countries is the manufacturing sector. The rise in production facilities is expected to drive the demand for industrial air purification and pollution control, as strict regulations such as the Clean Air Act, the Air Quality Directive, and others on the release of polluted air are in effect. Owing to factors such as industrialization and urbanization, there is a decline in air quality across the globe. Therefore, internationally, pollution has become a health problem. As per the recommendations of the World Health Organization (WHO), it is estimated that the majority of the population in the world is exposed to unhealthy air. The market for air filters is expected to increase with this high emphasis on reducing emissions, which in turn drives demand for air filter media.
Air Filter Media Market is segmented by End-User into Food & Beverage, Metal & Mining, Chemical, Pharmaceutical, Power Generation. The Food & Beverage segment accounted for the largest revenue share of XX.X% in 2019. During this COVID-19 scenario, the food & beverage segment is projected to rise in the air filters media market at the fastest rate. Due to their need to preserve improved food quality and reduce airborne food & beverage pollution in this current pandemic situation, the use of air filter media is motivated. Air filters are also used to avoid entry into the manufacturing line of dust and particulate pollutants. Growing demand for these materials is also driving the demand for air filter media in the industry in this current situation to safeguard food and beverage products.
Key Players
Some of the key players operating in the Air Filter Media Systems Market are Ahlstrom-Munksjo (Finland), Lydall, Inc. (US), Valmet (Finland), 3M (US), Freudenberg Filtration Technologies (Germany), and Camfil (Sweden) among others.
Get Valuable Insights into Air Filter Media Systems Market
In the new report, Fatpos Global thrives to present an unbiased analysis of the Air Filter Media Systems Market that covers the historical demand data as well as the forecast figures for the period, i.e. 2019-2030. The study includes compelling insights into the growth that is witnessed in the market. The market is segmented by Type as Nonwoven Fabrics, Fiberglass, and Filter Paper, the market is segmented by End-user into Food & Beverage, Metal & Mining, chemicals, Pharmaceutical, Power Generation, and Others. Geographically, the market is segmented into North America, Latin America, Europe, APAC, and MENA.
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