Global High-efficiency Particulate Air (HEPA) Filters Market


Posted June 17, 2021 by maximizegn

Global High-efficiency Particulate Air (HEPA) Filters Market size was valued at US$ 2550 Mn in 2019 and expected to reach US$ XX Mn by 2019 at a CAGR of 7.5% during the forecast period.
 
Global High-efficiency Particulate Air (HEPA) Filters Market size was valued at US$ 2550 Mn in 2019 and expected to reach US$ XX Mn by 2019 at a CAGR of 7.5% during the forecast period.

The Global High-efficiency Particulate Air (HEPA) Filters market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The Global High-efficiency Particulate Air (HEPA) Filters report also provides trends by market segments, technology, and investment with a competitive landscape.

Global High-efficiency Particulate Air (HEPA) Filters Market



Global High-efficiency Particulate Air (HEPA) Filters Market

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Global High-efficiency Particulate Air (HEPA) Filters Market Overview:

HEPA filters are filters made from a uniform mixture of Glass and Polyolefin compressed at high pressure and temperature in order to obtain the required permeability of the material. Many air filters have very low particulate separation capacity and insensitivity towards pressure drop. On the other hand, HEPA filters provide highly efficient filtration performance with intense pressure drop for a high variety of particulates sizes. HEPA filters are known to provide filtration for particles more than 0.3 micrometers with a filtration efficiency rate of 99.94%.
Global High-efficiency Particulate Air (HEPA) Filters Market Dynamics:

Increasing demand for air filtration units in commercial sectors and industrial sectors and growing infrastructure developments in the emerging economies across the globe are the factors considered to drive the HEPA filters market growth. Moreover, regulations concerning environment standards implemented by governments across the globe and increasing demand for a healthy environment in the sectors of semiconductors, food and beverages, oil and gas purification plants, and pharmaceuticals are the key supporting factors considered to drive the HEPA filters market growth during the forecast period. According to the survey by Donaldson Co., more than 64% of commercial sector manufacturers across the EU and North America have implemented the HEPA air purification technology in their respective facilities in 2020 amid COVID pandemic. In addition, industrial dust emission rules planned by EPA has led the foundation for HEPA filters market sales growth in recent years.

High cost of HEPA filters and insufficiency of filters to filter the smaller pathogens including viruses and others are the key factors considered to restrain the market growth.

Increasing demand for distribution system via turbines are the new technological development in the market expected to create opportunities for manufacturers across the globe during the forecast period. Recently, Thomasnet has introduced a new gas-powered filter turbine in the market which can ingest approximately 5000 tons of air into the system and can provide filtration of MERV 13.
Global High-efficiency Particulate Air (HEPA) Filters Market Segment Analysis:

HVAC Application Segment is dominating the High-efficiency Particulate Air (HEPA) Filters Market:

HVAC systems are known for their simultaneous heating and cooling providing the feature. Many residential and commercial sectors use the HVAC systems to get rid of air pollutants, absorption of volatile organic compounds, and heat emitting from the manufacturing system in the automotive manufacturing sector. Moreover, the HVAC system is also used in internal temperature control and particulate filtering process in vehicles AC systems. The HVAC system is accounted for approximately 1.1 billion USD in the year 2019 and expected to continue its dominance in the market as less energy consumption is recorded by HVAC systems among all the applications of HEPA filters market.
Commercial End Use Segment is boosting the High-efficiency Particulate Air (HEPA) Filters Market Dynamics:

Commercial sectors emit more than 60% of total air pollution across the globe. Hence, commercial and industrial segments need more air filters to cope up with the rules and regulations of Environmental Protection Agency (EPA). Moreover, manufacturing plants, construction sites, and other sectors are highly inclining towards the reduction of pollutants owing to increasing workforce health concerns especially in a pandemic situation. The commercial sector was accounted for approximately 1.7 billion USD in terms of revenue in the year 2019.
Booming Microelectronics and Semiconductors Industry is driving the High-efficiency Particulate Air (HEPA) Filters Market Growth:

Electronics components such as Integrated circuits, Semiconductors, capacitors, hard drives, and others are more prone towards dust and particulates in the environment which causes a malfunction in the system. In addition, installation of ICs and capacitors are done in the cleanrooms with HEPA filters arrangement all over the room. Energy efficiency and cost-cutting solutions provided by HEPA filters manufacturers to commercial sectors are the key factors considered to drive the growth during the forecast period for the Microelectronics industry.
MERV ratings for HEPA filters:

Global High-efficiency Particulate Air (HEPA) Filters Market
Impact of COVID pandemic on the High-efficiency Particulate Air (HEPA) Filters market:

COVID pandemic posed a lower impact on the market owing to increasing demand for HEPA filters in the healthcare industry in order to keep the high safety standards in research labs and hospitals across the globe. Moreover, increasing use of air filters to provide the contamination-free environment for doctors and healthcare workers is the key supporting factor considered to drive the market growth in the pandemic period.

COVID has also negatively impacted the market as HVAC are considered as a main spreading agent for the virus by World Health Organization. Hence, the market for HVAC applications with air filters has declined during the pandemic by 3.7% from the year 2019. Also, many commercial and industrial sites are remained closed in the pandemic and hence posed a declining sales for the above segments by approximately 5.22%.

Moreover, disruption in supply chains and lowering of manufacturing activities have hampered the market growth in pandemic by medium margins. Hence, it is expected that the pandemic has impacted the market more positively rather than negatively.
Global High-efficiency Particulate Air (HEPA) Filters Market Regional Insights:

The Asia Pacific holds the major share in the High-efficiency Particulate Air (HEPA) Filters market with approximately 46%. Increasing demand for air filtration units in the healthcare industry in the region and the growing population in the APAC region are the factors considered to drive the market growth. Moreover, the high inclination of manufacturers towards the untapped market of China and India is the key supporting factor boosting the market growth in APAC. China dominates the APAC region with approximately 54% market share owing to increasing transportation and technology infrastructure in the region and the emergence of healthcare infrastructure in the region. India holds a prominent share in the market as many prominent players are observing the lucrative economic growth of the Indian market.

North America is expected to pose as the fastest-growing region in the High-efficiency Particulate Air (HEPA) Filters Market with approximately 32% market share. The highly developed healthcare infrastructure and the highest transportation capabilities of key players in the region are the factors considered to drive the market growth in the region. USA holds the largest share in the market owing to the high manufacturing and production of HEPA filters in the region. According to Con-Air, the USA region constitutes manufacturing of approximately 20% of world HEPA filters and consumes 17% of air filter products.

Europe holds the dominant share in the market owing to high technological adoption in the market and highly emerged infrastructure capabilities in the region. European region consumed approximately 14% HEPA units in the year 2019 owing to increasing health and safety concerns in the EU region.

Global High-efficiency Particulate Air (HEPA) Filters Market The objective of the report is to present a comprehensive analysis of the Global High-efficiency Particulate Air (HEPA) Filters Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

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The report also helps in understanding the Global High-efficiency Particulate Air (HEPA) Filters Market dynamics, structure by analyzing the market segments and project the Global High-efficiency Particulate Air (HEPA) Filters Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Type portfolio, growth strategies, and regional presence in the Global High-efficiency Particulate Air (HEPA) Filters Market make the report investor’s guide
Global High-efficiency Particulate Air (HEPA) Filters Market Scope: Inquire before buying

Global High-efficiency Particulate Air (HEPA) Filters Market
Global High-efficiency Particulate Air (HEPA) Filters Market, by Region

• North America
o US
o Canada
o Mexico
• Europe
o U.K
o France
o Germany
o Italy
o Spain
o Sweden
o CIS Countries
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o South Korea
o Australia
o ASEAN
o Rest of Asia Pacific
• Middle East and Africa
o South Africa
o GCC Countries
o Egypt
o Nigeria
o Rest of ME&A
• South America
o Brazil
o Argentina
o Rest of South America
Global High-efficiency Particulate Air (HEPA) Filters Market Key Players

• Camfil
• Freudenberg
• APC Filtration
• Donaldson Co.
• W.L.Gore and Associates, Inc.
• MayAir Group
• Koch Filter
• American Air Filter Co. Inc.
• Parker-Hannifin Corporation
• Mann+Hummel Group
• HDT Global
• The Baker Co.
• Con-Air Industries
• Porvair Filtration Group
• Modern Safety Techniques
• Labconco Corp.
• Air Power Inc.
• Associated Equipment
• Synder Filtration
• HMG
• TSI



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Issued By geeta
Country India
Categories Business
Tags global highefficiency particulate air hep afilters market
Last Updated June 17, 2021