Air Filters Market Size, Share, Growth Analysis, By Technology(HEPA, Activated Carbon, Ionic Filters), By Application(Commercial, Residential, Industrial), By Region - Industry Forecast 2024-2031

Air Filters Market size was valued at USD 14.68 billion in 2022 and is poised to grow from USD 15.75 billion in 2023 to USD 27.68 billion by 2031, growing at a CAGR of 7.3% in the forecast period (2024-2031).

Disorders and health issues are brought on by the presence of dust and pollution, a constant concern in today's environment. An air filter is a tool that has numerous layers of porous and fibrous materials incorporated in it to help filter out dust, pollen, and other material particles from the air being circulated. HEPA and ULPA air filters, for example, get rid of tiny, poisonous, and gaseous contaminants that are invisible to the naked eye.

The market is anticipated to be driven by rising airborne illnesses and rising urban pollution levels. In addition, greater health consciousness is anticipated to support market expansion, along with an improving standard of life and rising disposable income. As a result of the lockdown measures put in place by the governments of many nations in anticipation of the COVID-19 pandemic starting in 2019, sales of equipment like air purifiers, cleaning appliances, cooking appliances, and water filtration devices have increased. Global sales of air purifiers have surged as a result of growing awareness of healthy living.

The market value will increase as a result of increased demand for cabin comfort mechanisms and rising levels of expenditure in research and development. Along with increasing technological advancements in HVAC systems, rising demand for components that support maintaining a high standard of hygiene will also open up significant growth potential for the industry. Increased consumer awareness of the collapsing air index mass or air quality as well as rising acceptance and familiarity with the distribution of filtered air will support market expansion.

US Air Filters Market is poised to grow at a sustainable CAGR for the next forecast year.