This report describes the global market size of Residential Air Filter Market from 2018 to 2022 and its CAGR from 2018 to 2022, and also forecasts its market size to the end of 2030 and its expected to grow with a CAGR of 7.3% from 2023 to 2030.
A residential air filter is a device that is installed in the ventilation system of a home to remove pollutants from the air. Residential air filters come in a variety of types, each with its own strengths and weaknesses.
Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Residential Air Filter Market estimated at US $ million in the year 2022, is projected to reach a revised size of US$ million by 2030, growing at a CAGR of 7.3% during the forecast period 2023-2030. North American market for Residential Air Filter Market is estimated to increase from $million in 2022 to reach $ million by 2030, at a CAGR of XX% during the forecast period of 2023 through 2030.
For geography segment, regional supply, demand, major players, price is presented from 2018 to 2030. This report cover following regions:
Middle East and Africa
The key countries for each regions are also included such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
For competitor segment, the report include global key players of Residential Air Filter Market as well as some small players. The information for each competitor include:
Main Business Information
Sales Volume, Revenue, Price and Gross Margin
By Filter Type
Activated Carbon Filters
The residential air filter market's dimensions are organized according to filter type and geographical region. In terms of filter type, it is divided into HEPA filters, activated carbon filters, fiber glass, bag filters, and other variants. Within this category, the fibre glass sector represented the lion's share of the revenue in the residential air filter market in 2021.Nevertheless, the activated carbon filters section is projected to experience a heightened growth rate in the realm of electronic residential air filters during the projected period. Substances such as volatile organic compounds (VOCs) possess minute sizes that prevent them from being trapped by HEPA air filters. As a result, households grappling with VOC-related issues are advised to adopt activated carbon air filters. This stands as a key propelling factor for the adoption of this particular air filter type. The VOCs category encompasses an extensive range of gases, encompassing cigarette smoke, as well as chemicals like formaldehyde and benzene.
Categorized by their intended users, the market can be partitioned into commercial, industrial, and residential sectors, with the industrial category claiming the predominant portion. Notably, there is projected to be a considerable upsurge in demand within the industrial sector, chiefly due to the mounting requirement for such filters in manufacturing facilities. Within the industrial sphere, these filters serve as guardians for delicate manufacturing procedures, effectively mitigating the potential hazards of molecular and microbiological contamination. Among the industrial segments, it is the automotive industry that secures the foremost market share, given the pivotal role these filters play across all types of vehicles.
Meanwhile, both the commercial and residential sectors account for significant percentages, owing to the growing requirement for air purification in both business and residential structures.
Middle East & Africa
In the realm of geographical distribution, Asia-Pacific asserted its dominance over the market, securing the most substantial share in 2021. Nonetheless, the LAMEA region is poised to encounter the most accelerated growth rate during the anticipated timeframe. The ascendancy of Asia-Pacific within the global market can be attributed to its remarkable economic expansion over the last decade. In fact, Asia-Pacific has evolved into a pivotal nucleus of global economic growth due to its expansive population base and robust economic advancements, setting it apart from other regions. This shift has precipitated an elevation in the living standards within the populace of this region, consequently fueling the residential air filter market. Conversely, the swift processes of urbanization and industrialization are anticipated to propel the market's expansion within the LAMEA region.
Daikin Industries ltd
Johnson Controls International plc
Lydall-Gutsche Gmbh & Co.Kg
Freudenberg Filtration Technologies SE & CO.KG
Parker Hannifin Corporation
Emerson Electric Co.
Other Key players
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Base Year: 2022
Historical Data: from 2018 to 2021
Forecast Data: from 2023 to 2030
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