Fiberglass Filters Market estimated to gain high demand by 2026

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Fiberglass Filters Market Development Trends and
Growth Drivers Analysis by 2026

• The fiberglass filters market is projected to
  observe remunerative growth over the coming years
  due to the increasing prevalence of airborne
  diseases across the globe. In addition, rapid
  growth of the paints industry, primarily due to
  the increasing commercialization and construction
  should further drive the product demand over the
  coming years. Fiberglass filters are extensively
  used while painting as filters for the workers.
  As per a research report by Global Market
  Insights Inc. the global fiberglass filters
  market is likely to reach a valuation of 1.3
  billion by 2026.
• The expansion of the construction industry across
  various developed and developing countries is
  likely to drive the demand for fiberglass filters
  through the forecast timeframe. In fact, in 2018,
  US President Donald Trump unveiled a significant
  investment of 1.5 trillion for the development
  of public infrastructure and construction the
  country. This investment would be used over the
  next 10 years to repaid and upgrade USAs public
  infrastructure. Such initiatives are likely to
  majorly fuel the demand for fiberglass filters.

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• On the regional front, increasing product demand
  from the transportation sector is likely to
  foster the North America fiberglass market share
  over the coming years. in fact, the regional
  market is projected to exceed a valuation of 20
  million by the end of 2026. Increasing product
  use in transportation with an aim to reduce
  pollution levels and also supply clean air should
  complement the regional market outlook further.
  In addition, mounting investments in the
  transportation industry along with the rising
  customer shift towards energy efficiency, IAQ
  (Indoor Air Quality), and system performance are
  likely to stimulate regional market size.

• Apart from Italy, China fiberglass filters
  industry is estimated to witness gains of more
  than 5 through the forecast timespan owing to a
  growing demand from the countrys food and
  beverage application segment. An upsurge in the
  disposable income of the regional population,
  changing demographics, and busier lifestyle has
  increased the consumption of a variety of
  processed food and beverages in recent years.
  Moreover, technological advancements in the field
  of food processing have fostered the segment
  share in the region.

• Meanwhile, market players are increasingly
  rolling out new products to better address a
  diverse array of customer requirements. Taking
  September 2019 for instance, Camfil, a renowned
  air filters developer and manufacturer company
  reportedly launched a new Camfil Megalam
  Energuard HEPA filter. This new filter is
  developed for the life science industry.

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• Regional Analysis

• Speaking of the regional landscape, Italy
  fiberglass filters industry is estimated to
  foresee tremendous growth through the furnace
  unit usage segment. In fact, the regional market
  is projected to observe gains of more than 5.5
  by the end of the analysis period. The furnace
  units are likely to observe significant
  deployment owing to their ability to filter large
  airborne particles and liquids in air conditioner
  and furnace units. The furnace unit filters are
  inexpensive, disposable, and effective which
  predominantly increases their demand globally.
  Moreover, the increasing HVAC systems requirement
  in Europe owing to the developing pharmaceuticals
  sector should thereby stimulate the overall
  market size.

• Competitive Analysis

• The competitive landscape of the fiberglass
  filters industry is inclusive of players such as
  Tri Dim, AAF, Mahle Industrial Filtration,
  Superior Fibers, Smith Filters, Camfil, and Troy
  Filters.

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