November 23, 2022 06:48 ET | Source: Research and Markets Research and Markets

Dublin, Nov. 23, 2022 (GLOBE NEWSWIRE) -- The "Panel Filters Market Share, Size, Trends, Industry Analysis Report, By Type, By Application, By Region, Segment Forecast, 2022 - 2030" report has been added to ResearchAndMarkets.com's offering. The global panel filter market size is expected to reach USD 11.51 billion by 2030 The demand for the industry is expected to witness growth on account of their increasing penetration in ionizers, aircraft, gas turbines, air compressors, and others. They are often used for domestic and commercial purposes and are marketed in the form of air purifiers, water purifiers, mechanical filters, dust collectors, and others. One of the primary factors driving the demand worldwide is the rising air pollution level due to industrial activities. In addition, several governmental agencies regulating the sector are also likely to have a positive impact on the market growth. The increasing use of the product in several consumer goods, which includes air and water purifiers, is expected to have a positive impact on industry growth. The market is driven by increasing degradation of air quality levels and enforcement of stringent governmental laws to reduce air pollution. An increase in product usages, such as air purifiers and water purifiers, impacts positive growth. Additionally, due to the increase in global warming, installation of the HVAC system has increased for impurity-free air complementing the demand. The Covid-19 pandemic had a positive as well as negative impact on the industry. The demand in the healthcare industry witnessed significant growth on account of the increasing installation of water filters and air purifiers in hospitals, pathology labs, and operation theatres, among others. Meanwhile, the food industry, automotive, construction, and others witnessed a decrease in the demand for panel filters due to disturbance in the supply chain and reduced industrial activities due to the stringent pandemic lockdown. Panel filters are adaptable, long-lasting, and sustainable, which owns resistance across several industries. Due to its finest property and changing governmental laws, the industry is expected to increase. Panel Filter Market Report Highlights New Air Compressor

The publisher has segmented the panel filter market report based on type, application, and region:

Panel Filter, Type Outlook (Revenue - USD Billion, 2018 - 2030)

Panel Filter, Application Outlook (Revenue - USD Billion, 2018 - 2030)

Panel Filter, Regional Outlook (Revenue - USD Billion, 2018 - 2030)

Diesel Air Compressor For more information about this report visit https://www.researchandmarkets.com/r/8kcs3t