United States Furnace Filters Market to Surpass USD 22.71Billion 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.
Browse 2 market data Tables and 20 Figures spread through 67 Pages and an in-depth TOC on
"United States Furnace Filters Market"
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.
“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 Statesfurnace filtersmarket.