Growth and technological innovation in the air purifier and humidifier market sector is aiming upwards as businesses resume operations and adapt to the “new normal” while recovering from the COVID-19 impact. A new report puts the value of the market as expected to be over $19 billion between 2021 and 2025.
15% Growth inspired by technological innovation
As restrictive containment measures such as social distancing, remote working, and the shuttering of commercial activities ease—and growing air pollution levels influence the market—technological innovation, portfolio extensions, product premiumization, and convenience are expected to drive growth of almost 15% during the forecast period.
In a 2019 study of the world’s most polluted countries, IQAir found that 72 countries out of 98 had particle concentration of more than 12 micrograms per cubic meter of air—not safe for people living in those countries; per the U.S. Environmental Protection Agency (EPA), exposure to very fine particulate matter known as PM2.5 is considered safe as long as a person breathes an average of 12 micrograms per cubic meter of air or less per day.
This decline in air quality is also expected to contribute to the growth of the air filter market—both in terms of machinery and filter media—as air pollution causes dangerous health problems such as cardiovascular and respiratory diseases, and cancer.
Many industries turn up dehumidifier heat
Meanwhile industries such as pharmaceuticals, food processing, energy, metallurgy and electronics additionally require precise and high, dry air quality. Industrial desiccant dehumidifier deliver dry air to drying processes, production processes, packaging, and storage environments. Desiccant dehumidifiers are designed to treat air or are installed in air conditioners to allow the manufacture of specific products or systems in industry.
Schools & universities testing air purifiers
Many schools and universities are now testing air purifiers as a method to contain the spread of COVID-19 and return students and teachers safely to the classroom.
A study conducted by JAMA has shown that the use of a school-wide integrated high-efficiency particulate air filter (HEPA) purifier significantly reduces airborne allergen particles— the EPA has noted that “air cleaners and HVAC filters can reduce indoor air pollutants, including viruses, that are airborne.”
Air filter media market expected to grow to $3.85 billion in 2021
According to the report “Air Filter Media Global Market Report 2020-30: COVID-19 Growth and Change”, the air filter media market is expected to grow in parallel—from $3.78 billion in 2020 to $3.85 billion in 2021.
The market comprises sales of filtering components used in air filters depending upon application. Main filter media types include nonwoven fabrics, fiberglass, and filter paper. Nonwoven fabrics are broadly defined as sheet or web structures bonded together by entangling fiber or filaments mechanically, thermally, or chemically.
Filter media has applications not only in air filters, but also in heating, ventilation, and air conditioning (HVAC), face masks, air pollution control (APC), industrial manufacturing, and transportation.
Asia Pacific was the largest region in the air filter media market in 2020 and is expected to continue to be the fastest growing region in the forecast period.