Interviews
Air Filtration market expected to reach US $3.5 bn
16 May '08
2 min read
- The filter segments that are expected to have the most rapid growth are industrial dust filtration's bag house filter and cartridge filters, consumer/residential HVAC filters, HEPA/ULPA, disposable face masks and in-cabin automotive air filters.
- Including cellulosic media, the air filtration industry consumed 108,735 tons of filter media in 2007 with a value of $643 million. The demand for air filtration media will increase almost 14% over the five year period through 2012, to 120,314 tons, equivalent to $754 million.
- The transportation and heating, ventilation and air conditioning (HVAC) segments are the largest air filtration markets accounting for almost 80% of the total air filtration volume of 108,735 tons in 2007.
One of the fastest growing significant markets is the consumer/residential HVAC market. While the total consumer/residential market is growing less than 1% per year, the higher efficiency and higher profit margin filters are forecast to increase almost 8% per year through 2012.
- Including cellulosic media, the air filtration industry consumed 108,735 tons of filter media in 2007 with a value of $643 million. The demand for air filtration media will increase almost 14% over the five year period through 2012, to 120,314 tons, equivalent to $754 million.
- The transportation and heating, ventilation and air conditioning (HVAC) segments are the largest air filtration markets accounting for almost 80% of the total air filtration volume of 108,735 tons in 2007.
One of the fastest growing significant markets is the consumer/residential HVAC market. While the total consumer/residential market is growing less than 1% per year, the higher efficiency and higher profit margin filters are forecast to increase almost 8% per year through 2012.
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