Residential Filters Market Analysis

Residential Filters Market Analysis

Pleated air filters market is anticipated to register value over USD 1.5 billion by 2027 and is expected to show growth of around 9.5% of CAGR. The advantages of pleated air filters such as greater particulate capture, more surface area for particulate capture and do not promote bacterial growth is driving the residential filters market statistics.  Additionally, pleated filters should witness huge demand owing to its ability to offer better efficiency and better performance. The pleated filters are advanced filters that offers high level of filtration than other standard filters due to its ability to catch more particulate without restricting airflow.

MERV 10-13 efficiency of residential filters shows high pace growth of more than 8.5% from 2020 to 2027.  MERV 10-13 controls wide range of contaminants such as cement dust, lint dust, humidifier dust, sanding dust, pollens, mold spores, lead dust, coal dust, textile and carpet fibers. Moreover, MERV 10-13 is estimated to dominate the market driven by its use in bag filters, pleated filter and rigid style box filter and offers ability to filter particles from 1-3 microns. Government regulation for environmental safety and reduction of air pollution is spurring the demand for bag filter which should boost market demand.
 

Single family applications is projected to reach a value of above USD 2.5 billion by 2027. Increasing demand for air filtration systems for single family such as independent homes includes bungalow and cottages is likely to augment market growth. Single family homes have increased demand for air filters propelled by its ability to reduce the unavoidable contaminants such as gases, particles and excessive water vapours from indoor activities. Indoor activities including cleaning and cooking release contaminants in the air along with need to ventilate home with clean outdoor air will stimulate the demand. Moreover, increasing consumer expenditure towards healthy lifestyle on account of increasing environment pollution around the worldwide predicted to residential filters market growth
 

The Asia Pacific residential filters market size is predicted to surpass USD 1.5 billion by 2027. The increasing awareness among the population about air pollutant index is further fueling the product demand. Furthermore, increasing consumer spending on luxury goods is augmenting the air condition demand which should further stimulate demand for residential filters. The product is used in air conditioning systems and other HVAC systems to capture the dirt and dust particles in environment and provide fresh clean air will boost its market growth. However, rising urbanization and presence of large population in the region is supporting HVAC demand.