United States Furnace Filters Market to Surpass USD 22.71 Billion By 2025
Rising air pollution levels and growing incidences of
airborne diseases coupled with extremely cold temperatures to drive United
States furnace filters market through 2025
According to TechSci Research report, “United
States Furnace Filters Market By Filter Category (Cleanable &
Non-Cleanable), By Filter Type (HEPA Filters, Pleated Filters & Others), By
End Use (Residential & Non-Residential), Competition Forecast &
Opportunities, 2015 – 2025”, United States furnace filters market stood at USD 20.06 Billion in 2019,
and is projected to grow at a CAGR of 6.35% to cross USD 22.71 Billion by 2025.
The Government of United States has mandated stringent regulations for
efficient filtration of furnaces. For instance, US government provides for
minimum energy performance standards (MEPS) for heating, ventilation, and air
conditioning (HVAC) in commercial and residential buildings to effectively
increase the energy efficiency, which has a positive impact on the country’s
furnace filters market.
Airborne diseases
are the diseases that can be transmitted through air. Incidences of airborne
diseases have been increasing significantly over time. Furnace filters are
capable of filtering around 99.99% of airborne particles. Moreover, in October
2020, the US Centers for Disease Control (CDC) said that COVID-19 can be spread
through aerosol, which is anticipated to drive the furnace filter market.
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Pages and an in-depth TOC on "United States Furnace Filters Market"
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Demand for cleanable furnace filter is increasing owing to the fact that
they can be cleaned or washed after the filter is filled with dust or other
particles and can be reused. The average price of cleanable furnace filter is
higher than that of non cleanable filter. However, the life of cleanable
furnace filter is way more than non-cleanable furnace filters which needs to be
replaced every 30-90 days. Hence, cleanable furnace filters are profitable in
the long run. The aforementioned factors are driving the furnace filters market
in the US.
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“Non-residential end use dominated the market
in 2019 and is expected to maintain its dominance throughout the forecast
period. Moreover, non-residential end use is forecast to be the fastest growing
end use segment during the forecast
period. The extreme cold weather during winters in the United States results in
higher demand for furnaces to provide heat and warmth especially in
non-residential sector (including commercial and industrial) buildings, thereby
boosting demand for furnace filters to ensure efficiency and performance of the
filters throughout the year.”, said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
“United States Furnace Filters Market By Filter
Category (Cleanable & Non-Cleanable), By Filter Type (HEPA Filters, Pleated
Filters & Others), By End Use (Residential & Non-Residential),
Competition Forecast & Opportunities, 2015 – 2025” has
evaluated the future growth potential of United States furnace filters market and
provides statistics and information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in United States furnace filters market.
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