Sustainable Air Filters Market to See Huge Growth by 2025

Posted by BIS RSRCH on January 11th, 2021

A shortage of MERV-13 HVAC filters could establish a significant restriction on offices, stores, and schools' ability to reopen safely. In turn, that could further limit an already profoundly threatened U.S. economy. The heating and air-conditioning filters of the MERV-13 class developed by AAF International can reduce the coronavirus's indoor spread, but they are in short supply. In May 2020, the U.S. Centers for Disease Control (CDC) recommended that office buildings and other indoor spaces, based on recommendations from the American Society of Heating, Refrigerating, and Air-Conditioning Engineers (ASHRAE), upgrade their air filters to MERV-13. The MERV filtration classification system tests the ability of filters to eliminate tiny particles from the air.

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Manufacturers of filters state they are doing everything in their power to stave off shortages, including operating double shifts at factories. But they also said that a precursor material known as filters media is the primary restriction on MERV-13 supplies. It is costly to manufacture MERV-13-class filters media machinery, making substantial capacity increases financially risky for the companies that produce it, as the current rise in demand may prove temporary. The increased demand for MERV-13 media for use in respirators and masks has intensified HVAC filters' shortage, some industry leaders claim. Just one of the many steps to reduce the risk of indoor coronavirus transmission is enhanced filtration. Others include growing fresh airflow into a building and better surface disinfection.

The business dynamics section of the report examines the diverse factors that govern the process of manufacturing, distribution, and usage of sustainable air filters globally. This analysis provides an in-depth understanding of the present and the future directions in which the market is headed and the impact of various factors on the same. This chapter covers the major market dynamics, namely, the drivers, challenges, business strategies, corporate strategies, and the opportunities, analyzing several factors that positively and negatively affect the sustainable air filters market.

Air pollution is the world’s biggest environmental health risk, estimated to have contributed to XX million deaths in 2017, globally. There has also been a strong link between indoor and outdoor air pollution exposure and increase in the number of diseases. Due to this rising level of air pollution, the demand for air quality management has increased significantly over the years. This growing level of air pollution across the globe has led to an increase in sales of air purifiers with the best quality air filters. Air filters can help remove and reduce airborne particles, including the minute particles which affect an individual's health severely.

Increasing consumer awareness regarding air quality management has helped in driving the growth of air quality management systems such as air filters to reduce airborne contaminants. Companies are also working actively on launching new products in the market to use various purification systems to develop products of high filtration quality. Companies are working on the mechanical filtration model, which is a combination of pre-filters, HEPA filters, and carbon filters. This advancement in the air purifying technology is used for residential, commercial, and medical sectors to be effective against particles and bacteria.

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Competitive landscape provides an organization with the edge to understand its key business strategy in the industry, its current competitors, and potential future competitors that might have made their way into the market. This chapter details the latest strategies and developments adopted by the key market players in the global sustainable air filters market. In order to lead the market as well as engage in the process of market growth, a company needs to bring new products to the market, invest toward innovations, and collaborate with other top tier-1 component providers to further strengthen its market position.

The global sustainable air filters market has witnessed several strategic and technological developments in the past few years, undertaken by the different market players to attain their respective market shares in this emerging domain. Some of the strategies covered in this segment are product development and innovation, partnerships and collaborations, business expansions and investments, and awards and recognition.

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BIS RSRCH

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BIS RSRCH
Joined: March 5th, 2020
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