The global air filter media market size is projected to grow from USD 710 million in 2020 to USD 738 million by 2021, at a Compound Annual Growth Rate (CAGR) of 3.9% during the forecast period. Factors governing the air filter media market include growing industrialization and urbanization in the APAC region, necessity for safe working environment at production sites and the growing demand for respiratory devices and face masks to prevent the transmission of Covid-19 virus.
The air filter media market in APAC is expected to be the largest during the forecast period. APAC has a large manufacturing base for medical instruments, equipment, and devices. Increasing requirement of these medical supplies and equipments from other COVID effected economies is boosting the production of air filter media in the region. In addition, APAC has a growing urbanization and industrialization base which is driving the air filter media market as it is an essential requirement for industrial processes and emission control.
Air filter media are used in industries such as food & beverage, metal & mining, chemical, pharmaceutical, power generation and others. Companies such as Ahlstrom-Munksjo (Finland), Lydall, Inc. (US), Valmet (Finland), 3M (US), Freudenberg Filtration Technologies (Germany) and Camfil (Sweden) are some of the leading air filter media market players. These players focused on developing new technologies and partnerships to fight against the impact of Covid-19 on a global level. They also helped in production of face masks.
Ahlstrom-Munksjo is one of the major producer and supplier of sustainable and innovative fiber solutions in the world. The company produces fiber based products filters, décor papers, release liners, non-woven fabrics, abrasive backings, food packaging & labelling, tape and medical fiber materials for medical diagnostics globally. The company’s mission is to incorporate fiber based solution for sustainable everyday life. On January 2020, Alhstrom-Munksjo increased production of healthcare and medical related products in an effort to safeguard end-users in fight against the pandemic. The company showcased broad offering of face masks like civil face mask, surgical face mask and respiratory face mask for different purposes.
