Air Filter Media Global Market Report 2024

Air filter media denotes the material employed as a filtering element in air filters, with different types of air filters chosen based on specific applications. This media is crafted through the use of short manmade, natural, or fiberglass fibers, which are processed into a paper-such as substance using paper-making equipment. The resulting air filter media serves a critical role in enhancing air quality by capturing and filtering particles in diverse environments and applications.

Primary air filter media types encompass nonwoven fabrics, fiberglass, and filter paper. Nonwoven fabrics are broadly described as sheet or web structures bonded together through mechanical, thermal, or chemical means. Fiberglass consists of glass fibers woven into a texture that captures air pockets. Air filter media is classified into various grades such as HEPA, MERV, and ULPA. The key applications of air filters span HVAC, air purifiers, face masks, APC, industrial manufacturing, and transportation, finding utility in industries such as food & beverage, metal and mining, chemical, pharmaceutical, power generation, and more.

The air filter media market research report is one of a series of new reports from The Business Research Company that provides air filter media market statistics, including air filter media industry global market size, regional shares, competitors with a air filter media market share, detailed air filter media market segments, market trends and opportunities, and any further data you may need to thrive in the air filter media industry. This air filter media market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The air filter media market size has grown strongly in recent years. It will grow from $4.28 billion in 2023 to $4.55 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The growth observed in the historical period can be attributed to various factors, including increased concerns regarding air quality, the implementation of stricter environmental regulations, rapid industrialization and urbanization, higher penetration of HVAC (heating, ventilation, and air conditioning) systems, the growth in automotive production, and overall economic expansion.

The air filter media market size is expected to see strong growth in the next few years. It will grow to $6.04 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The projected growth in the upcoming period can be attributed to heightened concerns regarding airborne diseases, increased emphasis on improving indoor air quality, the rapid expansion of e-commerce, the growth of electric vehicles, and the implementation of energy efficiency regulations. Notable trends expected during this period encompass technological advancements in filtration media, upgrades and retrofits of HVAC systems, the adoption of sustainable and eco-friendly solutions, innovations in smart air filtration technologies, and customization tailored for specific applications.

The decline in global air quality is anticipated to significantly contribute to the expansion of the air filter media market in the upcoming forecast period. Worsening air pollution poses severe health risks, including cardiovascular issues, respiratory ailments, and cancer. Regulatory standards, such as those set by the US Environmental Protection Agency on national ambient air quality, indicate that exposure to very fine particulate matter, such as PM2.5, should not exceed an average of 12 micrograms per cubic meter of air per day to be considered safe. As reported in the 2021 World Air Quality Report, among 117 countries, regions, and territories, 16 have exceeded this standard by over 10 times, while 20 have surpassed it by 7 to 10 times per cubic meter. Consequently, the global deterioration in air quality has led to heightened demand for air filters and purifiers, thereby fueling the growth trajectory of the air filter media market in the forecast period.

The anticipated upsurge in industrial activities is poised to be a key driver behind the expansion of the air filter media market in the foreseeable future. Within the manufacturing sector, encompassing diverse processes from raw material handling to final product assembly, air filter media assumes a pivotal role. It effectively captures and eliminates airborne contaminants such as dust and particulate matter, significantly contributing to enhanced indoor air quality, optimized equipment performance, and the overall health and safety of workers within industrial settings. For example, as of July 2023, Eurostat, the Luxembourg-based statistical agency, reported a 0.2% increase in industrial output within the European area. Furthermore, the European Union noted a 0.1% increase during the May-April 2023 period. Hence, the upward trajectory in industrial activities stands as a primary catalyst driving the growth of the air filter media market.

Filter media manufacturers are progressively integrating nanofibers or nano-coatings into their products to augment dust separation efficiency. An exemplar in this domain is Mann + Hummel, a leading filter and filter media manufacturer, which has engineered nanofiber-coated filter media designed for highly proficient fine particle separation, boasting an impressive efficiency of up to 99.99%. These specialized filters are specifically utilized in commercial vehicle air filtration systems. Similarly, AWA Paper & Technological has developed Nanowoven, a foundational filter media infused with a nanofiber web. This innovation aids in the adept capture of extremely fine carbon dust, significantly enhancing the filter's efficiency while concurrently extending its service life. These advancements underscore a concerted industry effort toward leveraging nanotechnology to elevate the effectiveness and longevity of filter media in dust separation applications.

Prominent entities within the air filter media market are intensifying their efforts toward introducing advanced high-performance filter media as a strategic approach to gain a competitive advantage. These high-performance filter media encompass cutting-edge materials engineered to efficiently filter air or liquid, offering superior efficacy, increased capacity, and enhanced durability. An illustrative instance of this trend is Ahlstrom Oyj, a Finland-based filtration company, which, in February 2023, unveiled a novel series of high-performance filter media tailored for heating, ventilation, and air conditioning (HVAC) systems. This newly introduced range of products is designed to significantly extend filter lifespans while concurrently mitigating environmental impact, thereby safeguarding occupants and equipment within enclosed environments. Covering a spectrum from ISO Coarse 85% to ISO ePM1 80% rating (ISO16890:2016), the product line encompasses both standard and high-permeability variants. Notably, all offerings within this range exhibit limited flow restriction, boast extended dust-holding capacities, and demonstrate excellent mechanical resilience, even when subjected to wet conditions. This strategic emphasis on high-performance filter media exemplifies a concerted effort among industry leaders to enhance filtration efficiency while ensuring sustained durability and environmental responsibility in diverse applications.

In February 2022, Micronics Engineered Filtration Group, a US-based entity, completed the acquisition of National Filter Media (NFM) for an undisclosed sum. This strategic move is anticipated to facilitate the broadening of Micronics Engineered Filtration Group's array of filtration solutions within its product portfolio. NFM, also based in the US, is recognized for its expertise in delivering air pollution control and liquid filtration solutions.

Major companies operating in the air filter media market report are Minnesota Mining and Manufacturing Company, Cummins Inc., Toray Industries Inc., Parker Hannifin Corporation, Berry Global Group, Freudenberg Group, Mann+Hummel, Lennox International Inc., Donaldson Company Inc., Ahlstrom-Munksjo, American Air Filter Flanders, Elta Group, Filtration Group Corporation, Lydall Inc., Camfil Group, Calgon Carbon Corporation, Nederman Holding AB, Hollingsworth & Vose Pvt. Ltd., Johns Manville, Clean & Science, Fibertex Nonwovens A/S, Flanders/CSC Corporation, Schweitzer-Mauduit International Inc., Porvair Filtration Group, Koch Filter Corporation, The Cary Company, Airex Filter Corporation, Superior Felt And Filtration LLC., Permatron Corporation, AIM Nonwovens And Interiors Private Limited, High Voltage Distribution System company, Innovatec India Private Limited, Irema, Sandler LLC, Bayerische Wollfilzfabriken KG Envirotec, K&N Engineering Inc., A.L.Filter Ltd., Pure Air Filtration LLC, Blueair AB, Purafil Inc., Filtrair BV

Asia-Pacific was the largest region in the air filter media market in 2023. This region is expected to continue to be the fastest growing region in the air filter media market share during the forecast period. The regions covered in the air filter media market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the air filter media market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The air filter media market consists of sales paper, cotton and foam. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Air Filter Media Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on air filter media market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for air filter media ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The air filter media market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of covid 19 on supply chains and consumption patterns.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

• 1) By Type: Nonwoven Fabrics; Fiberglass; Filter Paper
• 2) By Grade: HEPA; MERV; ULPA
• 3) By Application: HVAC; Air Purifier; Face Mask; APC; Industrial Manufacturing; Transportation
• 4) By End-Use: Food & Beverage; Metal & Mining; Chemical; Pharmaceutical; Power Generation; Other End-Users
• Companies Mentioned: Minnesota Mining and Manufacturing Company; Cummins Inc.; Toray Industries Inc.; Parker Hannifin Corporation; Berry Global Group
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery format: PDF, Word and Excel Data Dashboard.