Pleated Filters Market Size
Pleated Filters Market size is estimated to record 7% CAGR between 2023 and 2032, owing to the rising concerns associated with deteriorated air quality. Increasing awareness of health issues related to indoor air pollution leading to the surge in demand for efficient air filtration solutions will drive the market growth. Industry participants are taking efforts to enhance their level of service across multiple countries with stringent air quality regulations and standards, adding to the product demand.
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Pleated Filters Market Growth Drivers & Restraints
The rising prevalence of respiratory diseases and allergies will accelerate the adoption of pleated filters to mitigate airborne allergens and contaminants. However, the growing consumer preference for alternative filtration solutions may limit the demand for pleated filters. The decreased revenue shares and limited opportunities for innovation and expansion will also pose as restraints for the industry growth.
Pleated Filters Market Report Attributes
| Report Attribute |
Details |
| Base Year |
2022 |
| Forecast Period |
2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR |
7% |
| Historical Data for |
2018 to 2022 |
| No. of Pages |
220 |
| Tables, Charts & Figures |
256 |
| Segments covered |
Product and Application |
| Growth Drivers |
- North AmericaGrowing awareness for contamination free air owing to growing airborne diseases
- EuropeGrowing contamination in the food and beverage industry
- Asia PacificIncreasing construction activities in the region.
|
| Pitfalls & Challenges |
- Availability of substitute products
|
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COVID-19 Impact
The COVID-19 pandemic had significant impact on the pleated filters market led by the presence of stringent hygiene measures and increased focus on indoor air quality, leading to the higher demand for efficient air filtration systems. Healthcare, pharmaceuticals, and data centers witnessed increased demand for pleated filters to maintain clean environments and prevent airborne transmission of the virus. Moreover, disruptions in supply chains and manufacturing activities led to shortages and price fluctuations. The growing awareness of respiratory health and indoor air pollution in the post-pandemic era also influenced the market expansion.
Pleated Filters Market Trends
The boom in industries and businesses, along with the growing need for fresh air and top-notch air filters, is driving the market for pleated filters higher and higher. Industries like healthcare, medicine making, data centers, factories, and hotels all need clean air to keep their employees and customers healthy and happy. But that's not all. The increasing number of commercial buildings, offices, and shopping malls has also led to more people using HVAC systems with pleated filters. These filters help these places meet environmental rules and keep their people safe. So, with all these industries and businesses still wanting more and more pleated filters, the market is expected to grow even more.
Pleated Filters Market Analysis
Pleated filters market size from the HEPA filter segment is poised to gain notable traction from 2023 to 2032, credited to the rising advancements in technology and the higher emphasis on sustainable solutions. HEPA (high-efficiency particulate air) filters offer superior air purification capabilities for efficiently trapping particles, including allergens, dust, and pollutants. Industries such as, healthcare, pharmaceuticals, electronics, and manufacturing heavily rely on HEPA-pleated filters to maintain clean environments and comply with stringent regulations, in turn supporting the segment growth.
In 2022, factories and other industrial businesses bought a lot of pleated filters, bringing in a lot of money. From 2023 to 2032, this money-making trend is expected to keep growing at a good pace. Many different industries, like making things, cars, airplanes, and chemicals, are seeing how important it is to have clean air in their workplaces. It helps protect their workers from getting sick and keeps their equipment running well. Governments are making rules about air quality stricter, which is making companies more aware of how important it is to keep their workplaces safe and the environment clean. This is making more people use pleated filters. Factories and other workplaces are also trying harder to cut down on pollution so that workers won't breathe in harmful gases. This is making the market for pleated filters grow even more.
Europe pleated filters market is projected to observe gains at nearly 5.5% up to 2032. This growth can be attributed to the rising implementation of stringent regulations by European agencies for reducing pollution levels and industry emissions. Additionally, the rising health awareness of indoor air pollution impacts will surge the adoption of pleated filters for residential applications, adding to the regional industry growth.
Pleated Filters Market Share
The competitive landscape of the pleated filters market includes prominent companies, such as
- 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
- Absolent Group
These firms are engaged in innovations, acquisitions, partnerships, and innovations to expand their product portfolio.Top of Form.
Pleated Filters Industry News
- In November 2022, Atlas Copco acquired Aircel, LLC, a U.S.-based producer of air treatment and purification systems, to expand its market presence and expedite commercial development in North America.
- In September 2021, Filtration Technologies, a Freudenberg business group in the U.S., acquired Protect Plus Air Holding, Inc. from its current owner, HKW, for strengthening its already existing filtration portfolio for mobility and industrial applications globally.
This market research report on pleated filters includes in-depth coverage of the industry trends, with estimates & forecasts in terms of volume (Million Units) and revenue (USD Million) from 2018 to 2032, for the following segments
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Market, By Product
- Air Filter
- Medium Efficiency Filter
- HEPA Filter
- Oil Filter
- Food & Beverage Filter
- Others
Market By Application
- Commercial
- Industrial
- Residential
- Utilities
- Others
The above information has been provided for the following regions and countries
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- APAC
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Thailand
- LATAM
- MEA
- Saudi Arabia
- South Africa
- UAE
