08/07/2012 // Riverdale, NJ, USA // Camfil Farr USA // Lynne Laake // (press release)
Highlighting the increasing concern about indoor air quality (IAQ) — and a growing focus on improving it — the U.S. market for IAQ-related equipment and services is expected to reach $9.2 billion by 2017, up from just under $7 billion in 2011. That projection, released in a July 2012 report by BCC Research, translates to a five-year compound annual growth rate for the indoor air quality market of nearly 5 percent. It also demonstrates the increasing popularity of a new generation of sustainable, highly efficient air filters, which have been a focus of the industry’s best known manufacturers, including Camfil Farr, the world’s leading provider of clean air solutions.
The IAQ market’s growth, air quality experts say, is not surprising. In the past few years, the media, health advocates, and government agencies like the U.S. Environmental Protection Agency have been sounding the alarm on the dangers of poor indoor air quality, which can trigger or exacerbate serious medical conditions such as asthma and other respiratory diseases. Businesses, manufacturers, hospitals, office buildings, educational institutions, and consumers themselves have been paying closer attention to indoor air quality — and looking for ways to boost it.
That has translated, according to the BCC Research study, into a growing demand for IAQ products and services. The equipment segment, expected to total $3.7 billion in 2012, is projected to hit $4.7 billion in 2017. Meanwhile, the environmental services segment — worth approximately $1.9 billion in 2012 — should reach nearly $2.4 billion in 2017.
Leading the charge are manufacturers who are addressing the need for improved indoor air quality while meeting the demand for efficient, sustainable products — commercial air filters, for example, that provide optimal air quality while using less energy and creating less waste. Camfil Farr air filters, for example, leverage innovative designs to maintain peak efficiency throughout their service life, requiring less energy than traditionally designed filters to maintain the flow of air. The result: air filters that work better and need to be changed out less frequently — all while lowering energy bills.
Indeed, users that have switched to Camfil Farr clean air solutions have seen their energy costs drop significantly — by up to 40 percent — even as they optimize indoor air quality and create a more comfortable, more healthful environment for those who live or work within their walls.
Improved indoor air quality can come without high additional costs and effort. Through innovation, foresight, and social responsibility, industry leaders like Camfil Farr are making that happen.
For more information, visit us online at http://airfilters.camfilfarr.us, or call us toll-free at 888.599.6620.
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