According to our latest market study on "Industrial Air Filter Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Product, Application, and Geography," the market is expected to grow from US$ 6,441.34 million in 2021 and is projected to reach US$ 10,973.38 million by 2028; it is expected to grow at a CAGR of 7.9% from 2021 to 2028.
HEPA filters are highly effective in providing superior air purity, safeguarding workers' health, and boosting the demand for such products. These filters can capture even the smallest of particles, including floor dust. In the pharmaceutical industry, HEPA filters are used as terminal filters to process and filter the air in production spaces, especially in sterile production. In addition, these filters are also utilized occasionally to produce solid and semisolid dosage forms. HEPA filters are also essential in controlling microbial contamination in pharmaceutical cleanrooms and the food industry. The healthcare sector heavily relies on HEPA filters to maintain a sterile environment for critically ill patients. Due to the growing need for air disinfection and environmental sterility, the demand for HEPA filters has significantly increased in clinics, hospitals, and other healthcare settings. The food and beverages industry also employ air filters to eliminate contamination during production stages. As a result, the demand for HEPA filters in industrial applications, particularly in healthcare and the food industry, has propelled the growth of the industrial air filter market.
Impact of COVID-19 Pandemic on Global Industrial Air Filter Market
The industrial air filters market has been widely adopted in North America, making it a prominent region. Countries like the US, Canada, and Mexico have shown relatively high demand, especially in cement, food & beverages, and pharmaceuticals. However, the sales of industrial air filters have been negatively affected by quarantine measures, business closures, and government restrictions. In April 2020, HVAC distributors reported a 19% decline in orders compared to the previous year, indicating a decrease in demand. Additionally, the limited workforce at production sites has impacted the supply side of North America's industrial air filter market.
Key Findings of Study:
The global industrial air filter market is categorized into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM) based on geography. North America had a significant share of the global market in 2020. The market is further segmented by product and application. Product segmentation includes dust filters, mist filters, baghouse filters, cartridge collectors and filters (cc and f), hepa filters, wet scrubbers, and dry scrubbers, with the wet scrubbers segment holding a larger market share in 2020. Application segmentation includes cement, food and beverages, metals, power generation, pharmaceutical, chemical, oil and gas, and others, with the power generation segment having the largest market share in 2020.
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