COVID-19 Impact on Air Filter Media Market: Market Segments: By Type (Nonwoven Fabrics, Fiberglass and Filter Paper); By End-user (Food & Beverage, Metal & Mining, Chemical, Pharmaceutical, Power Generation and Others); and Region – Global Analysis by Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2030

Product Overview

Air filtration media is a filters material that extracts dust particles, pollutants, and other particulate matter and eliminates them. Various materials, such as non-woven polyester, glass fibre, activated carbon, and other materials are made up of these air filters media. Fiberglass filters, polyester filters, pleated filters, washable filters, and disposable filters are used in different forms of air filters media.

Market Highlights

Air Filter Media Market is expected to project a notable CAGR of 3.7% in 2030.

Air Filter Media Market to surpass USD 780 Million by 2030 from USD 710 Million in terms of value growing at a CAGR of 3.7% throughout the forecast period, i.e., 2020-30. Air filters are of great importance to healthcare industry, wherein they are used across hospitals and pharmaceutical and biotechnology manufacturing. In hospitals, air which contains particulates can be harmful to patients, which can further deteriorate the patient health.

Air Filter Media Market: Segments

Nonwoven fabrics Segment to grow with the highest CAGR of 12.2% during 2020-30

Air Filter Media Market is segmented by Type as Nonwoven Fabrics, Fiberglass, Filter Paper. The Nonwoven fabrics segment is estimated to lead the market with a market share of over XX.X% in 2019. During the forecast period, the nonwoven fabric form segment is expected to lead the market for air filters media. Factors such as high strength, absorbency, durability, and elasticity and resistance to mechanical deformation affect the growing demand for nonwoven fabrics.

Air Filter Media Market: Market Dynamics

Drivers

Growing industrialization and urbanization

Increasing industrialization, along with economic growth worldwide, has led to an increase in urbanization. As there is a rise in air, liquid and soil emissions, this increase in industrialization has created a market for industrial filters. As it covers manufacturing processes and pollution control, air filters media is one of the industries with the most growth potential. Both developing and developed countries are major business centres for the media industry for air filters.

Restrain

Due to COVID-19 -19, sluggish growth in separate end-use industries

Industries have been affected by Covid-19 in a significant way. The food & beverage industry has seen restaurant sales decline. Tourism lapse, the suspension of major sporting events, the consumption of processed foods and drinks, internationally, has also taken place. The chemical industry has been affected by disturbances in the supply chain, declining demand, unavailability of employees, and so on.

Air Filter Media Market: Key Players

• Ahlstrom-Munksjo

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence and SWOT Analysis.

• AIM Nonwovens and Interiors Private Limited

• Air filters, Inc.

• Berry

• Cabot Corporation

• Calgon Carbon Corporation

• Clean & Science

• DONALDSON COMPANY, INC

• Elta Group

• H&V

• HVDS

• Innovatec

• Irema

• Johns Manville

• Lydall

• P. H. Glatfelter Company

• Permatron Corporation

• Porvair Filtration Group

Air Filter Media Market: Regions

Air Filter Media Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC and MENA.

Air Filter Media Market in North America led the market with a lion share of more than 40.3% in 2019 and is projected to maintain its lead over the forecast period. During the forecast era, APAC is projected to be the largest media market for air filters. This growth is due to the region's broad production base for commodities, supplies, consumables, and medical devices, equipment and appliances. Increasing demand for these medical devices, such as ventilators from other countries affected by COVID, such as India, Indonesia and others is boosting the region's development of air filters media. Moreover the rising manufacturing sector in Southeast Asia is also driving the media demand for air filters.

Impact of Covid-19 on Air Filter Media Market

During this COVID-19 scenario, the food & beverage segment is projected to rise in the air filter media market at the fastest rate. Due to their need to preserve improved food quality and reduce airborne food & beverage pollution in this current pandemic situation, the use of air filter media is motivated.

Air Filter Media Market report also contains analysis on:

Air Filter Media Market Segments:

By Type:

• Nonwoven Fabrics

• Fiberglass

• Filter Paper

By End-user:

• Food & Beverage

• Metal & Mining

• Chemical

• Pharmaceutical

• Power Generation

• Others

• Air Filter Media Market Dynamics

• Air Filter Media Market Size

• Supply & Demand

• Current Trends/Issues/Challenges

• Competition & Companies Involved in the Market

• Value Chain of the Market

• Market Drivers and Restraints

FAQs on Air Filter Media Market

· Which segment is anticipated to hold the largest market share

· At what CAGR is the market anticipated to grow between 2020 and 2030

· Who are the key players in the Air Filter Media Market

· What could be the challenging factors in the growth of Air Filter Media Market

· What are the growth drivers for the Air Filter Media Market