By Shawn Shi | 22 March 2023 | 0 Comments
Breathe Easy: The Growing Demand for Air Filters Worldwide
The market demand for air filters worldwide is expected to increase over the forecast period due to growing concerns over air pollution and increasing awareness of the health risks associated with contaminated air.
The demand is driven by increasing urbanization and industrialization, along with strict government regulations and initiatives to reduce air pollution.
The demand is driven by increasing urbanization and industrialization, along with strict government regulations and initiatives to reduce air pollution.
According to a report by MarketsandMarkets, the global air filter market size is projected to reach USD 7.55 billion by 2023, growing at a CAGR of 6.67% from 2018 to 2023.
The report states that the Asia Pacific region is expected to hold the largest market share due to its growing population, rising levels of air pollution, and increasing demand for air filters in HVAC systems in residential, commercial, and industrial sectors.
The report states that the Asia Pacific region is expected to hold the largest market share due to its growing population, rising levels of air pollution, and increasing demand for air filters in HVAC systems in residential, commercial, and industrial sectors.
Additionally, the outbreak of COVID-19 has created further demand for air filters, especially high-efficiency particulate air (HEPA) filters.
The pandemic has raised concerns regarding the transmission of airborne diseases, leading to increased adoption of air filtration technologies in various settings such as hospitals, offices, and public spaces.
The pandemic has raised concerns regarding the transmission of airborne diseases, leading to increased adoption of air filtration technologies in various settings such as hospitals, offices, and public spaces.
Overall, the global market demand for air filters is expected to continue to grow due to increasing environmental awareness and the need to reduce air pollution and improve air quality.
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