Potential Expansion Opportunities for Niche Players in Air Filter Media Market| MarketsandMarkets™

ByJack Martin
MnM

Air filter media are materials that are used to filter the air in systems such as air purification. They are typically made of fibers, fabrics, and/or other materials that are intended to trap unwanted particles in the air, such as dust and pollen. Paper, cotton, polyester, and glass fibers, as well as activated charcoal, are common air filter media. The growing need for air purification systems in homes and businesses is driving up demand for air filter media. Air filter media are also required for the proper operation of air conditioning and heating systems, as well as the safeguarding of sensitive electronic equipment. Air filter media will be in even higher demand as global air pollution continues to rise.

The report “Air Filter Media Market by Type (Nonwoven Fabrics, Fiberglass, Filter Paper), End-use Industry (Food & Beverage, Metal & Mining, Chemical, Pharmaceutical, Power Generation), and Region“, size is projected to grow from USD 710 million in 2020 to USD 738 million by 2021, at a CAGR of 3.9% during the forecast period.

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Food & Beverage industry is projected to be the largest segment for air filter media market during the forecast period.

Due to the increasing demand for air filtration systems in food and beverage production facilities, as well as the need for air filtration in the storage and handling of food and beverage products, the food and beverage industry is expected to be the largest segment of the air filter media market. The demand for air filtration systems in the food and beverage industry is driven by the need for hygienic environments in food and beverage production as well as the prevention of food and beverage product contamination. Furthermore, the need for improved air quality and the prevention of airborne diseases and allergens drives the use of air filter media in the food and beverage industry.

The Nonwoven fabircs segment is projected to register the highest CAGR during the forecast period.

The nonwoven fabrics segment is expected to grow at the fastest rate during the forecast period, owing to rising demand in a variety of applications such as protective clothing, medical products, and home furnishings. Nonwoven fabrics are used in a variety of applications, including filters, insulation, and absorbent products, as well as automotive interiors, packaging materials, and agricultural products. Furthermore, rising disposable product demand and rising hygiene and cleanliness awareness in the healthcare, food service, and packaging industries are driving the market for nonwoven fabrics.

APAC is projected to register highest demand for the air filter media market.

The Asia-Pacific region is expected to have the highest demand for air filter media. This is due to increased consumer awareness and government initiatives in the region. The region’s increasing population, improving economies, and expanding industrial activities are the primary factors driving demand for air filter media. Government initiatives such as Make in India and others are focusing on the development of the manufacturing sector, which is expected to drive demand for air filter media even further. Furthermore, the region’s growing demand for automobiles, as well as the presence of many residential and commercial buildings, are likely to drive up demand for air filter media.

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Some of the leading air filter media market players are Ahlstrom-Munksjo (Finland), Lydall, Inc. (US), Valmet (Finland), 3M (US), Freudenberg Filtration Technologies (Germany) and Camfil (Sweden) and others.

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