Market Overview:
The global filter panels market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for air filters, paint filters, and other types of filters from various end-use industries. In addition, rising awareness about air quality and its impact on human health is also propelling the demand for filter panels across the globe. Based on type, the global filter panels market can be segmented into filter dust, filter air,filter paint and other types of filters. Filter dust is expected to account for a major share of the overall market in terms of revenue owing to its widespread use in industrial applications across different regions.
Product Definition:
Filter panels are used to remove solid particles and other pollutants from the air. The use of filter panels is important as they help in maintaining air quality and preventing the spread of infection.
Filter Dust:
filter dust is the fine particulate matter that is generated as a by-product during the manufacturing process of air filters. It has no adverse effect on the performance of air filter and it does not affect the quality of air that passes through it. However, if this dust gets into contact with human or animal skin then it can cause severe respiratory problems such as asthma attack and pulmonary fibrosis among others.
Filter the Air:
The global market for filter panels is expected to witness significant growth over the forecast period. Filter Panels are used in Air Purifiers, HVAC Systems, and other home appliances such as Electronics & Appliances. The increasing prevalence of airborne diseases coupled with rising consumer awareness towards environmental degradation has led to high demand for air purifiers and ventilation systems which in turn is anticipated to drive the market during the forecast period.
Application Insights:
The industrial application segment led the global market and accounted for more than 54.0% share of the total revenue in 2017. The growth can be attributed to increasing demand for filter panels from various industries, such as oil and gas, chemical, power generation, etc. Filter dust is one of the major problems faced by these industries since it gets into the system and causes damage by becoming a collectable layer at the bottom of filters resulting in increased maintenance costs over time. This has resulted in an increased focus on finding alternatives that will reduce or eliminate this problem without affecting production output significantly or causing any other kind of disruption while trying to maintain high quality standards expected from these industries worldwide.
The residential sector is anticipated to witness significant growth over the forecast period owing to rising disposable income levels coupled with improved economic conditions across various regions including Asia Pacific.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing awareness among people about health and safety hazards associated with indoor air pollution and growing focus on energy conservation measures. In addition, stringent regulations regarding VOC emissions from paints and coatings are anticipated to drive demand for HVAC systems in commercial buildings, which will propel industry growth over the coming years.
Asia Pacific is projected to be one of the fastest-growing regions during the forecast period owing to rapid industrialization coupled with government initiatives for improving economic status of countries such as India and China.
Growth Factors:
- Increasing demand for air quality control systems in various industries
- Growing awareness about the benefits of using filter panels
- Technological advancements in air filtration systems
- Rising demand for energy-efficient and cost-effective filtration solutions
- Stringent government regulations to improve air quality
Scope Of The Report
Report Attributes
Report Details
Report Title
Filter Panels Market Research Report
By Type
Filter Dust, Filter the Air, Filter Paint, Other
By Application
Industrial, Commercial, Residential, Schools and Universities
By Companies
Accudraft, AFPRO, Air King Filtration, BlastOne, Camfil, Colind, Industrial Maid, MTA Technical Sales, Precision Filtration ProductsPrecision Filtration Products, Slade
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Filter Panels Market Report Segments:
The global Filter Panels market is segmented on the basis of:
Types
Filter Dust, Filter the Air, Filter Paint, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Commercial, Residential, Schools and Universities
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Accudraft
- AFPRO
- Air King Filtration
- BlastOne
- Camfil
- Colind
- Industrial Maid
- MTA Technical Sales
- Precision Filtration ProductsPrecision Filtration Products
- Slade
Highlights of The Filter Panels Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Filter Dust
- Filter the Air
- Filter Paint
- Other
- By Application:
- Industrial
- Commercial
- Residential
- Schools and Universities
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Filter Panels Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Filter panels are a type of air filter that can be used in residential and commercial settings. They are made up of a series of filters that trap particles smaller than the size of the airflow passing through them. This helps to improve air quality in spaces where exposure to harmful pollutants is a concern.
Some of the major companies in the filter panels market are Accudraft, AFPRO, Air King Filtration, BlastOne, Camfil, Colind, Industrial Maid, MTA Technical Sales, Precision Filtration ProductsPrecision Filtration Products, Slade.
The filter panels market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Filter Panels Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Filter Panels Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Filter Panels Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Filter Panels Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Filter Panels Market Size & Forecast, 2020-2028
4.5.1 Filter Panels Market Size and Y-o-Y Growth
4.5.2 Filter Panels Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Filter Dust
5.2.2 Filter the Air
5.2.3 Filter Paint
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Commercial
6.2.3 Residential
6.2.4 Schools and Universities
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Filter Panels Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Filter Panels Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Filter Dust
9.6.2 Filter the Air
9.6.3 Filter Paint
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Commercial
9.10.3 Residential
9.10.4 Schools and Universities
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Filter Dust
10.6.2 Filter the Air
10.6.3 Filter Paint
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Commercial
10.10.3 Residential
10.10.4 Schools and Universities
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Filter Dust
11.6.2 Filter the Air
11.6.3 Filter Paint
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Commercial
11.10.3 Residential
11.10.4 Schools and Universities
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Filter Dust
12.6.2 Filter the Air
12.6.3 Filter Paint
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Commercial
12.10.3 Residential
12.10.4 Schools and Universities
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Filter Dust
13.6.2 Filter the Air
13.6.3 Filter Paint
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Commercial
13.10.3 Residential
13.10.4 Schools and Universities
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Filter Panels Market: Competitive Dashboard
14.2 Global Filter Panels Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Accudraft
14.3.2 AFPRO
14.3.3 Air King Filtration
14.3.4 BlastOne
14.3.5 Camfil
14.3.6 Colind
14.3.7 Industrial Maid
14.3.8 MTA Technical Sales
14.3.9 Precision Filtration ProductsPrecision Filtration Products
14.3.10 Slade
