Fiberglass Filters Market Analysis

Fiberglass Filters Market Analysis

Air fiberglass filters market revenue surpassed USD 630 million in 2019 and is projected to observe significant growth through 2026. Rising industrialization globally has led to growing energy needs, which is fulfilled by installing efficient and eco-friendly systems during construction activity.

U.S. fiberglass filters market size from air conditioner segment was over USD 100 million in 2019. These products ensure safe, inexpensive, and efficient removal of dust & pollen present in the air condition systems resulting in clean air. Additionally, these products do not affect the airflow of the systems and eliminate large debris including lint and dust particles.
 

Rising number of healthcare facilities owing to disease outbreaks and aging population has resulted in the installation of advanced new air conditioner systems. Increasing investment in healthcare sector in order to install modern technologies and provide solutions for complex diseases has also resulted in upsurge in the product demand.
 

Light diffusers application segment is poised to register around 6.5% growth rate during 2020-2026. The growing trends of using these products in specialty applications including light diffusers and roof ridge vents owing to its strong filtration output at minimal cost along with its effectiveness in filtering large particle size.
 

Germany fiberglass filters market revenue from pharmaceutical sector crossed USD 6 million in 2019. Increasing health awareness to prevent respiratory issues has led to the growing product demand. Respiratory diseases accounted for more than 8% of all deaths in the EU-28 in 2016. Some of the major causes of respiratory diseases include smoking and air pollution. These products help in the removal of airborne pollutants, reducing the impact on human health.
 

Rising health awareness along with favorable government policies for controlling pollutant levels will have a positive impact on industry growth. In 2017, the European Respiratory Society (ERS) created a new assembly dedicated to interstitial lung diseases.
 

These filters help in maintaining good air quality in the pharmaceutical manufacturing sector and research labs. Contaminants if not filtered properly may ruin the research projects and impact the final results.