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HVAC Filters Market Share

Report ID: GMI236
Published Date: Mar 2024
Report Format: PDF

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HVAC Filters Market Share

The global HVAC filters industry is fragmented due to the presence of numerous local & global players across the globe. In 2023, the above list of dominant market players collectively held a substantial 20% to 25% of the market share. These players are proactively involved in strategic endeavors such as mergers & acquisitions, facility expansion, and collaborations to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position. These enterprises consistently allocate resources to research & development, aiming to enhance their designs and integrate cutting-edge technologies, thereby ensuring that they maintain a competitive edge.

HVAC Filters Market Companies

Major players operating in the HVAC filters industry are:

3M Company
AAF Flanders
Camfil AB
Carrier Corporation
Daikin Industries
Donaldson Company, Inc.
Fortress Building Products, Inc.
Honeywell International, Inc.
Lennon International, Inc.
LG Electronics Inc.
Mann+ Hummel
Mitsubishi
Parker Hannifin Corporation
Samsung Electronics
Trane Technologies

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of HVAC filters was reached USD 5.14 billion in 2023 and is expected to register over 6% CAGR from 2024 to 2032, owing to the heightened awareness about the importance of maintaining good indoor air quality worldwide.

HVAC filters industry from the metal segment recorded 43.2% share in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to its high durability and the ability to withstand harsh operating conditions.

Asia Pacific HVAC filters industry held over 45% share in 2023 and is expected to register a commendable CAGR from 2024-2032 due to the poor outdoor air quality caused by various factors creating need for filters in the region.

Fortress Building Products, Inc., Honeywell International, Inc., Lennon International, Inc., LG Electronics Inc., Mann+ Hummel, Mitsubishi, Parker Hannifin Corporation, Samsung Electronics, and Trane Technologies, are some of the major HVAC filters companies worldwide.