Global Panel Filter Market Analysis Report 2022: $11.5+

Dublin, November 23, 2022 (GLOBE NEWSWIRE) — The “Panel Filters Market Share, Size, Trends, Industry Analysis Report, By Type, By Application, By Region, Segment Forecast, 2022 – 2030” report has been added to researchandmarkets.com offering.

The global panel filter market size is expected to reach USD 11.51 billion by 2030

The industry demand is expected to witness growth due to its increasing penetration in ionizers, aircraft, gas turbines, air compressors and others. They are often used for household and commercial purposes and are marketed in the form of air purifiers, water purifiers, mechanical filters, dust collectors, and others.

One of the main factors driving demand around the world is the increase in the level of air pollution due to industrial activities. Furthermore, various government agencies regulating the sector are likely to have a positive impact on the growth of the market. The increasing use of the product in various consumer goods, including air and water purifiers, is expected to have a positive impact on the growth of the industry.

The market is driven by the increasing degradation of air quality levels and the enforcement of strict government laws to reduce air pollution. An increase in the use of products, such as air purifiers and water purifiers, has a positive impact on growth. Additionally, due to the increase in global warming, the installation of the HVAC system for air free of impurities has increased, complementing the demand.

The Covid-19 pandemic had both a positive and negative impact on the industry. The demand in the healthcare industry experienced significant growth due to the increasing installation of water filters and air purifiers in hospitals, pathology laboratories and operating rooms, among others.

Meanwhile, the food, automotive, construction and other industries experienced a decline in demand for panel filters due to disruption in the supply chain and reduced industrial activities due to the strict pandemic lockdown.

Panel filters are adaptable, durable and sustainable, which has resistance in various industries. Due to its better ownership and changing government laws, the industry is expected to increase.

Highlights of the Panel Filter market report:

  • The reusable or washable panel filter is expected to account for the majority of revenue, as it eliminates the hassle and expense of purchasing, storing, and replacing filters.
  • Depending on the application, the non-residential segment is expected to account for a sizeable portion of panel filters. With demand for the product high in the food and beverage, automotive, and manufacturing sectors, the non-residential segment is likely to experience growth.
  • The strict regulation imposed by various government agencies to curb air pollution through the industrial sector is expected to have a positive impact on the demand for panel filters.
  • Asia Pacific is expected to experience the fastest growth during the forecast period due to increasing pollution due to increased industrial activities and rising population demand leading to high demand for vehicles.
  • The global market is highly competitive due to the existence of large industry players with a global presence Camfil AG, Freudenberg Filtration Technologies, HDT Global, Porvair Filtration Group, Tidewater Air Filter Fabrication Co.,

Panel Filter Market Dynamics

Drivers and Opportunities

  • Increased demand from the non-residential sector
  • Government regulations for efficient filtration

Constraints and challenges

  • growing environmental concerns

Porter’s Five Forces Analysis

PESTLE Analysis

Panel Filters Industry Trends

Analysis of the value chain

COVID-19 Impact Analysis

company profiles

  • AFPRO filtration group
  • air power inc
  • associated equipment
  • Camfil AB
  • clean room west
  • Con-Air Industries
  • Donaldson Company
  • Florence Filter Corporation
  • flow sciences inc.
  • Freudenberg Filtration Technologies
  • HDT Global
  • Koch Filter Corporation
  • Labconco Corporation.
  • Mann+Hummel
  • Modern security techniques
  • Porvair Filtration Group
  • The Bakery Company.
  • Tidewater Air Filter Fabrication Co.
  • Tri-Mer Corporation

The publisher has segmented the Panel Filter market report based on type, application, and region:

Panel filter, Outlook Type (Revenue – USD billion, 2018 – 2030)

Dashboard Filter, Application Perspective (Revenue: USD Billion, 2018 – 2030)

  • Residential
  • nonresidential

Panel filter, regional perspective (revenue: billion USD, 2018 – 2030)

  • North America
  • U.S
  • Canada
  • Europe
  • Germany
  • United Kingdom
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Pacific Asia
  • Porcelain
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East and Africa
  • United Arab Emirates
  • Saudi Arabia
  • Israel
  • South Africa

For more information on this report, visit https://www.researchandmarkets.com/r/8kcs3t


        

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