The global fiberglass filters market is expected to witness strong growth owing to the rising prevalence of air borne diseases and rising concerns regarding global warming. With rising environmental concerns due to carbon emissions, the need for highly efficient filtration systems has also increased. Similarly, growing consumer awareness regarding top-quality products and introduction of stringent government regulations and policies for controlling air pollution, will further contribute towards industry growth
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Rising demand from the industrial and manufacturing sectors is likely to accelerate fiberglass filters market expansion over the estimated timeline. These filters are used extensively in furnace unit systems in the industrial domain, as well as in the paints industry.
Several key market players are increasingly focusing towards the expansion of their regional presence through various strategic means. Citing an instance, in August 2019, MANN+HUMMEL, a renowned leader and expert in air filtration, reportedly finalized the acquisition of a Canada-based air filtration company, Hardy Filtration. The acquisition will further lead to new business growth opportunities for and MANN+HUMMEL and further strengthen its position in the market.
Rising demand for high-quality meat including pork, beef, poultry and seafood in the APAC region has urged producers to install efficient air filtration systems in the production facilities to ensure high quality livestock. 026This, in turn, has considerably stimulated APAC fiberglass filters industry trends over the projected timeframe. In fact, the livestock application segment is estimated to register commendable growth at a rate of 7% through 2026.
The global fiberglass filters market share is expected to witness a significant growth trajectory over the forecast spell, owing to the rising prevalence of airborne diseases. Furthermore, growing awareness regarding the risks posed by unwanted pollen and dust will also propel product adoption.
Fiberglass filters refers to glass mat filters that comprise of 15–60 μm, high-porosity glass fibers. These filters are among the most common types used in residential HVAC and furnace systems. Filters with fiberglass are relatively lost-cost solutions, designed to safeguard systems from potentially damaging debris that may affect motors, fans, heat exchangers and cooling coils, among other air systems.
Meanwhile, the China fiberglass filters industry from the food & beverage segment is likely to depict substantial growth rate of nearly 5% through 2026. This growth is ascribed mainly to the evolving demographics, higher disposable incomes and more hectic lifestyles in the region, which have led to a considerable change in consumer preference for foods and beverages. Furthermore, progress in food processing technologies is also a key contributing factor to market growth in this segment.
APAC fiberglass filters market from livestock application is slated to witness tremendous gains of more than 7% by the end of the forecast time period. The growth is attributed to rising adoption of air conditioner system and furnace units in the regional livestock rearing facilities. The immensely growing demand for poultry, sea food, pork, and beef in the region has encouraged livestock industry players to install top-quality systems in this facilities to produce superior quality livestock.
The fiberglass filters market size from transportation applications across North America is likely to exceed a valuation of approximately $20 million by the end of the analysis timeframe. The product is likely to gain immense traction in the regional transportation sector due to strict regulations that focus on the curbing of pollution levels and ensuring clean supply of air. Moreover, surging investments across the transportation industry, growing consumer preference for energy efficiency, IAQ (Indoor Air Quality), as well as the system performance is likely to foster the market outlook.
The global fiberglass filters market outlook is strengthened by the presence of major entities such as Mahle Industrial Filtration, Troy Filters, Tri Dim, Camfil, AAF, Smith Filters, and Superior Fibers. These players are making targeted efforts towards developing innovative filter technologies in order to accommodate the ever-increasing demand for robust air filtration products from the residential and industrial sectors.
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Some Point from Table of Contents:
Chapter 6 Fiberglass Filter Market, By Application
6.1 Key application trends
6.2 Dust & fume filtration
6.2.1 Fiberglass Filters market estimates and forecast from dust & fume filtration applications, 2015-2026, (Million Units) (USD Million)
6.2.2 Fiberglass Filters industry from dust & fume filtration applications, by region, 2015-2026, (Million Units) (USD Million)
6.3 Paint arresting
6.3.1 Fiberglass Filters industry estimates and forecast from paint arresting applications, 2015-2026, (Million Units) (USD Million)
6.3.2 Fiberglass Filters industry from paint arresting applications, by region, 2015-2026, (Million Units) (USD Million)
6.4 Light diffusers
6.4.1 Fiberglass Filters industry estimates and forecast from light diffusers applications, 2015-2026, (Million Units) (USD Million)
6.4.2 Fiberglass Filters industry from light diffusers applications, by region, 2015-2026, (Million Units) (USD Million)
6.5 Railroad bag filters
6.5.1 Fiberglass Filters industry estimates and forecast from railroad bag filters applications, 2015-2026, (Million Units) (USD Million)
6.5.2 Fiberglass Filters market from railroad bag filters applications, by region, 2015-2026, (Million Units) (USD Million)
6.6 Roof ridge vents
6.6.1 Fiberglass Filters industry estimates and forecast from roof ridge vents applications, 2015-2026, (Million Units) (USD Million)
6.6.2 Fiberglass Filters industry from roof ridge vents applications, by region, 2015-2026, (Million Units) (USD Million)
6.7.1 Fiberglass Filters industry estimates and forecast from others applications, 2015-2026, (Million Units) (USD Million)
6.7.2 Fiberglass Filters market from others applications, by region, 2015-2026, (Million Units) (USD Million)
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