Cleanable Furnace Filters to drive demand for United States Furnace Filters Through 2023
Growing concerns regarding indoor air quality in
buildings coupled with rising industrialization and stringent emission
standards to drive the United States furnace filters market through 2023
According to
TechSci Research report, “United
States Furnace Filters Market By Filter Category, By Filter Type, By End
Use, Competition Forecast & Opportunities, 2013 – 2023”, furnace filters
market in the United States is projected to reach around $ 2 billion by 2023, on the back of
large number of industries and rising consumer concerns regarding indoor air quality.
Increasing levels of indoor biological and chemical air pollutants such as
radon, carbon monoxide, dust mites and VOCs coupled with rising incidences of
asthma and other lung infections are expected to aid the United States furnace
filters market over the coming years. Moreover, stringent regulations by governing
bodies such as FDA, which has set particulate limit of 50 parts per billion for
indoor air quality, is anticipated to boost demand for furnace filters from the
country’s residential and non-residential sectors in the coming years.
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Furnace filters are categorized into two types,
namely, cleanable and non-cleanable. The cleanable furnace filters come with a
membrane which can be easily replaced and do not need any technical supervision.
Thus, ease of use and long shelf life would enable cleanable furnace filters to
grow at the fastest rate in the country’s furnace filters market over the next
five years. South region with densely populated states such as Florida,
Carolina and Virginia, and increasing number of industrial setups is the
largest demand generating region for furnace filters in the US.
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The country’s furnace filters market is highly
competitive owing to the presence of various domestic as well as international players.
Companies such as Honeywell, Clarcor, 3M, American Air Filter, and Camfil are
expected to continue their market dominance until 2023. “Growing focus towards
sustainability and low carbon footprint is anticipated to augment demand for
furnace filters in the US over the coming years. Majority of furnace filter sales
are made through retail channels, consequently, strong distribution channel and
high customer reach provides a competitive advantage to already established
players in the US furnace filters market”, said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
“United States Furnace Filters Market By Filters
Category, By Filters Type, By End Use, Competition Forecast &
Opportunities, 2013 – 2023” has
evaluated the future growth potential of the 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 the United States furnace filters market.
About TechSci Research
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