Comprehensive Outlook on Pleated Filters Market Size Share and Demand Trends
According to a Research Report Published by Spherical Insights & Consulting, The Global Pleated Filters Market Size is Expected to Grow from USD 10.57 Billion in 2023 to USD 17.59 Billion by 2033, at a CAGR of 5.23% during the Forecast Period 2023-2033.
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Pleated filters, made from paper, cotton, or polyester sheets, enhance airflow in HVAC systems by eliminating tiny particulates. Pleated filters shield furnace blower fans and air conditioner coils from harm by capturing airborne particles like dust, grime, and hair. These filters preserve ventilation systems and indoor air quality when placed in places with clean air, safeguarding human health. Oil, food and beverage, and standard filters are among the different kinds of filters. Pleated filters improve HVAC systems and lower energy consumption because they are effective, economical, and efficient. They are extensively utilized in a variety of industries, including petrochemicals, food and beverage, power generation, oil and gas, and industrial. The replacement of antiquated air conditioning systems, an increase in HVAC installations, the need for waste-water treatment, local food safety and environmental regulations, and advantageous socioeconomic and demographic factors like urbanization and population growth are all expected to contribute to the growth of the pleated filters market. For instance, pleated filters are acknowledged by the Leadership in Energy and Environmental Design (LEED) initiative as environmentally friendly elements for green building projects. The Puro G13een and DP-green 13 are two examples of filters that are made to be long-lasting and moisture-resistant while offering high-efficiency air filtration. However, lack of standards, skilled labor, slow growth, fluctuating raw material prices, and rising operating costs are some of the issues facing the global pleated filter market.
Browse key industry insights spread across 200 pages with 120 Market data tables and figures & charts from the report on the Global Pleated Filters Market Size, Share, and COVID-19 Impact Analysis, By Product (Air Filters, Food and Beverage Filters, Oil Filters, and Others), By Application (Industrial, Oil and Gas, and Power Generation), By End Users (Commercial and Residential), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
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The air filter segment is predicted to hold the fastest market share through the forecast period.
Based on the product, the pleated filters market is classified into air filters, food and beverage filters, oil filters, and others. Among these, the air filter segment is predicted to hold the fastest market share through the forecast period. The growing use of HVAC systems, air purifiers, and cleaners in commercial, industrial, and residential settings is anticipated to fuel the growth of the air filter market. Polyester filters are expected to become more popular due to their affordability and durability.
The industrial segment is anticipated to hold the highest market share during the projected timeframe.
Based on the application, the pleated filters market is divided into industrial, oil and gas, and power generation. Among these, the industrial segment is anticipated to hold the highest market share during the projected timeframe. The need to prevent dirt and pollutants in hydraulic and pneumatic operations, as well as the growing use of liquid and air filtration in electronics, are the main drivers of the industrial sector’s demand for pleated filters.
The commercial segment is anticipated to hold the largest market share during the projected timeframe.
Based on the end users, the pleated filters market is divided into commercial and residential. Among these, the commercial segment is anticipated to hold the largest market share during the projected timeframe. The need for pleated filters in commercial air filter systems is being driven by growing awareness of the harmful effects of indoor air pollution. These systems are anticipated to become more popular in the upcoming years as smart homes and air purifiers become more common.
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North America is estimated to hold the largest share of the pleated filters market over the forecast period.
North America is estimated to hold the largest share of the pleated filters market over the forecast period. Pleated filter demand is predicted to rise sharply in the US as a result of worries about indoor air quality in crowded cities. The US has the biggest pleated filter market in the region, and the existence of several sizable food and beverage industries adds to this demand.
Asia Pacific is predicted to have the fastest CAGR growth in the pleated filters market over the forecast period. Rising pollution levels in the area are driving up demand for pleated filters, which can lead to dust allergies and respiratory issues. Building new homes and businesses is becoming more expensive due to urbanization and industrialization. Market expansion in China and India is being driven by the emphasis on reducing air pollution and enhancing indoor air quality.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the Global Pleated Filters Market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major key players in the pleated filters market include Freudenberg and Company, Atlas Copco, Camfil AB, Donaldson Company, Inc., Delta Filtration, General Motors Company, Midwesco Filter Resources Inc., Parker-Hannifin Corporation, 3M Company, Koch Filter Corporation, The Strainite Companies, Clarcor Air Filtration, ANAND Group, Lydall Gutsche GmbH & co. Kg, Purafill, Inc. and Others.
Recent Development
- In April 2023, FIRST BRANDS GROUP LLC, a renowned manufacturer of engine oil filtration products, recently introduced the FRAM Synthetic Endurance, a high-end oil filter available exclusively at Walmart.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the pleated filters market based on the below-mentioned segments:
Global Pleated Filters Market, By Product
- Air Filters
- Food and Beverage Filters
- Oil Filters
- Others
Global Pleated Filters Market, By Application
- Industrial
- Oil and Gas
- Power Generation
Global Pleated Filters Market, By End-user
- Commercial
- Residential
Global Pleated Filters Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
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About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company’s mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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