Air Filter Media Market Size

Rise and Opportunities in Air Filter Media Market 2022, Poised to Register Light Downturn due to COVID-19 Pandemic

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The global air filter media market size to rise from USD 710 million in 2020 to USD 738 million by 2021, at a CAGR of 3.9% during the forecast period. Air filter media are fabric materials which are used for filtration purposes of solid particles such as dust, pollen, mold, and bacteria from the air. The rise in demand for air purification and control for transmission of virus, among others are the major factors driving the air filter media market during this crisis period.

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On the basis of type, the nonwoven fabrics segment is expected to be the largest market for air filter media. Nonwoven fabrics in air filter media offers high strength, absorbency, resilience, resistance to mechanical deformation and elasticity due to which they are driven in major industries such as automotive, agriculture, engineering and pharmaceutical. The demand in pharmaceutical industry has increased owing to the need for finding solutions and limit the spread of Covid-19 virus.

Air Filter Media Market Opportunities, Future Scope, Developments and Regional Forecast- Exclusive Report by MarketsandMarkets™

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The report "Impact of Covid-19 on Air Filter Media Market by Type (Nonwoven Fabrics, Fiberglass, Filter Paper), End-use Industry (Food & Beverage, Metal & Mining, Chemical, Pharmaceutical, Power Generation), and Region - Global Forecast to 2021", size is projected to grow from USD 710 million in 2020 to USD 738 million by 2021, at a Compound Annual Growth Rate (CAGR) of 3.9% during the forecast period. Factors governing the air filter media market include growing industrialization and urbanization in APAC region, necessity for a safe working environment at production sites and the growing demand for respiratory devices and face masks to prevent the transmission of Covid-19 virus.

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The food & beverage industry is projected to be the largest segment for air filter media market during the forecast period.

Air Filter Media Market Continues to Thrive- Exclusive Report by MarketsandMarkets™

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The global air filter media market size is projected to grow from USD 710 million in 2020 to USD 738 million by 2021, at a Compound Annual Growth Rate (CAGR) of 3.9% during the forecast period. Factors governing the air filter media market include growing industrialization and urbanization in the APAC region, the necessity for a safe working environment at production sites and the growing demand for respiratory devices and face masks to prevent the transmission of the Covid-19 virus.

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Based on end-use industry, the food & beverage industry is expected to lead the air filter media market during the forecast period. The use of air filter media in this industry is increasing to maintain better food quality, control odor & humidity and minimize airborne contamination to food & beverage. The advent of Covid-19 pandemic has also seen demand shift due to the lockdown as restaurant traffic has decreased and e-commerce deliveries increased.

Impact of Covid-19 on Air Filter Media Market 2022 by Revenue Statistics and Key Growth Strategies, MarketsandMarkets™Study

Kategorie der Pressemeldung: 
Mitteilung: 

The global air filter media market size is projected to grow from USD 710 million in 2020 to USD 738 million by 2021, at a Compound Annual Growth Rate (CAGR) of 3.9% during the forecast period. Factors governing the air filter media market include growing industrialization and urbanization in the APAC region, necessity for safe working environment at production sites and the growing demand for respiratory devices and face masks to prevent the transmission of Covid-19 virus.

Get PDF Brochure for Research Insights at: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=208926135

Air filter media are used in industries such as food & beverage, metal & mining, chemical, pharmaceutical, power generation and others. Companies such as Ahlstrom-Munksjo (Finland), Lydall, Inc. (US), Valmet (Finland), 3M (US), Freudenberg Filtration Technologies (Germany) and Camfil (Sweden) are some of the leading air filter media market players. These players focused on developing new technologies and partnerships to fight against the impact of Covid-19 on a global level. They also helped in production of face masks.