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The air filter market size is forecast to increase by USD 7.48 billion at a CAGR of 6.21% between 2023 and 2028. The market is witnessing significant growth due to the increasing concerns over respiratory illnesses and premature deaths caused by harmful particles in indoor air. The need for maintaining good indoor air quality (IAQ) is driving the demand for advanced air filtration systems. Regulatory initiatives and stricter regulations are being implemented to ensure the health and safety of building occupants. HVAC systems are being upgraded with energy-efficient filters to reduce energy consumption and operating costs. Activated carbon filters are gaining popularity for their ability to remove odors and volatile organic compounds (VOCs). However, technical limitations such as filter replacement frequency and the ability to filter viruses and other small particles remain challenges for the market. Despite these challenges, the market is expected to grow steadily due to the increasing awareness of the importance of IAQ for human health and productivity.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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