Home > Consumer Goods & Services > Consumer Electronics > Air Purifier > Residential Filters Market

Residential Filters Market Share

Report ID: GMI5066
Published Date: Jun 2021
Report Format: PDF

Download Free Sample

Residential Filters Market Share

Residential filters market is moderately consolidated in nature led by presence of various companies with significant market share. The top key players in the market hold major share in the market approximately more than 50%. The major manufacturers in the market include:

Parker Hannifin
Mann+Hummel
Camfill AB
Freudenberg Group
Donaldson Company
ACS Industries Inc
AAF International
Filtration Group
BWF Envirotec.

The key market players are implementing numerous strategies includes new product launches, acquisitions and mergers in order to increase market share and to enhance the global footprint market.

In April 2021, American Air Filter, Co. Inc., introduce AstroPure a portable air filtration system. This product offers an added layer of protection against viruses. Additionally, the product works by increasing air-recirculation rates within a given space. Moreover, the product excellently purifies the air when the air passes from the 2-stage advanced filtration system.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Residential filters industry share surpassed USD 2 billion in 2020 and will expand at a CAGR of 8% between 2020 and 2027.

Pleated air filters will record over USD 1.5 billion through 2027 driven by multiple advantages such as more particulate capture, greater surface area for particulate capture, and inhibition of bacterial growth.

Residential filters with MERV 10-13 efficiency will register a growth rate of 8.5% between 2020 and 2027 as they control an extensive range of contaminants comprising lint dust, cement dust, sanding dust, humidifier dust, pollens, mold spores, and others.

Single family application will record a valuation of USD 2.5 billion by 2027 due to the surging demand in independent homes such as cottages and bungalows.