Press release

Global Pleated Filters Market to Surge to USD 14 Billion By 2026

Global Pleated Filters Market to Surge to USD 14 Billion By 2026

 

 
Findings from Facts and Factors report "Pleated Filters Market By Product (Air Filter, Oil Filter, Food & Beverage Filter, and Others), By Application (Residential, Industrial, Utilities, Commercial, and Others), And By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020-2026" states that the global pleated filters market in 2019 was more than USD 10 Billion.The market is expected to grow at a CAGR of around 5% and is anticipated to exceed USD 14 Billionby by 2026.

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A pleated filter is an advanced version of an air filter, composed of layers of polyesters, paper, or cotton. The sheets in the pleated filters are folded into plates to significantly expand their surface area. This enhances the competence of filters to effectively trap dirt, dust, hair, and other airborne particles. However, such capability of the filters could clog the coils of air conditioners and damage the blower fan. Compared to conventional fiberglass filters, pleated filters are more efficient and sturdier. These filters increase the efficiency of HVAC (Heating, Ventilating, and Air Conditioning) systems by slashing power consumption.

Growing air pollution concerns eventually escalate the global pleated filters market

At present, consumers prefer installing advanced HVAC systems to conventional air conditioning systems owing to the globally rising value of air quality index. The nuisance caused by air pollution is mounting, as this leads to the spread of airborne diseases due to the inhalation of hazardous chemical pollutants floating in the air. Therefore, the rising air pollution concerns urge customers to replace their old AC setups with the latest HVAC technology-integrated systems, thereby flourishing the demand for the global pleated filters market.

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Building & construction sector expansion promotes the global pleated filters market

Rapid urbanization along with the increase in the number of residential & commercial projects are fuelling the demand for pleated filters, thereby propelling the global industry. The builders and consumers prefer the installation of advanced HVAC systems packed with pleated filters for their under-construction and renovated buildings. Besides, the growing environmental concerns and stringent government regulations promote the global pleated filters market to enrich air quality in specific countries.

The European pleated filters market will witness lucrative growth during the projected period

The demand for pleated filters is escalating at a healthy rate in Europe owing to the strict policies introduced by the European agencies to mitigate the emission levels. The region is likely to slash the emission levels from different sectors and maintain the air quality, which has led to the swift development & incorporation of advanced filtration technologies.

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Some of the key players driving the global pleated filters market are Denso Corporation, Columbus Industries, Inc., Clarcor Air Filtration, Troy Filters Ltd., Spectrum Filtration Pvt. Ltd., Camfil, Airex Filter Corporation, Tex-Air Filters, Honeywell, Koch Filter, Donaldson Company Inc., Absolent Group, The National Filter Media Corporation, Freudenberg, and Filtration Group, among others.

This report segments the global pleated filters market as follows:

Global Pleated Filters Market: Product Segmentation Analysis

Air Filter
HEPA Filter
Medium Efficiency Filter
Oil Filter
Food & Beverage Filter
Others

Global Pleated Filters Market: Application Segmentation Analysis

Residential
Industrial
Utilities
Commercial
Others

Global Pleated Filters Market: Regional Segmentation Analysis

North America
The U.S.
Canada
Europe
Germany
The UK
France
Spain
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa

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