Global Pleated Filters Market, By Product (Air Filter, High Efficiency Particulate Air (HEPA), Oil Filters, Others), Applications (Industrial, Paints and Coatings, Chemical and Petrochemicals, Electronics, Oil and Gas, Power Generation, Others) – Industry Trends and Forecast to 2029.
Pleated Filters Market Analysis and Size
The expansion and rise in the polluting industries such as cement, metal and pharmaceutical industries is likely to promote the need for implementation of the filtration processes across various sectors. For instance, the International Plant Protection Convention (IPPC) sets requirements for plants or facilities concerning the emission of pollutants into the atmosphere. Additionally, the active participation of the NGOs to restrict the emission of polluted water and air from industrial sources into the environment is likely to propel the growth of the market over the forecasted period.
Global pleated filters market was valued at USD 11812.25 million in 2021 and is expected to reach USD 17187.90 million by 2029, registering a CAGR of 4.80% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Pleated Filters Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product (Air Filter, High Efficiency Particulate Air (HEPA), Oil Filters, Others), Applications (Industrial, Paints and Coatings, Chemical and Petrochemicals, Electronics, Oil and Gas, Power Generation, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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3M (U.S.), Airex Filter Corporation (U.S.), Columbus Industries Inc. (U.S.), Colorado Correctional Industries (U.S.), The Strainrite Companies (U.S.), Koch Filter (U.S.), Freudenberg Filtration Technologies GmbH & Co. KG (Germany), Donaldson Company, Inc. (U.S.), A.G Industries Pvt. Ltd. (India), PARKER HANNIFIN CORP (U.S.), SUEZ (France), Camfil (Sweden), DENSO CORPORATION. (Japan), Clark Air Systems (U.S.), Honeywell International Inc. (U.S.), Siemens (Germany), Boll & Kirch Filterbau GmbH (Germany)
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Market Opportunities
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Market Definition
Pleated filters provide airflow in heating ventilation and air conditioning systems. Pleated filters are made of sheet polyesters, cotton, or paper, which are folded into plates to increase their surface area. Filter allows to trap more airborne particles, such as dust, dirt and other unwanted particulate matter.
Global Pleated Filters Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Numerous Benefits Of Pleated air filters
Pleated air filters have wide range of uses and applications across various sectors, which is a primary factor driving the market growth over the forecasted period. The various filters ranging from high efficiency particulate air to oil filters are installed in the chemicals, petrochemicals and pharmaceutical industries for air cleaning and purifying activities. The unwanted particulate matter in the air can interrupt the manufacturing processes. All these factors are driving the growth of the market over the forecasted period.
- Rising awareness regarding environmental issues
The pleated air filters are extensively used across various industries such as chemical and petrochemicals, oil and gas and others. They are widely used for the filtration of the particulate matter in the air. Additionally, the product is applied in several ways to enhance energy efficiency and save energy costs by reducing emissions. They are increasingly being used as air cleaners and air purifiers. These factors are driving the market’s growth over the forecasted period. Additionally, the rapid urbanization and industrialization in emerging countries, such as India, China, and Southeast Asia, will also drive market value growth.
Opportunities
- Regulations boosting Demand for Pleated filters
The favorable initiatives by government associated with environmental regulations to increase demand for pleated filters, will further extend profitable opportunities to the market players over the forecast period. Industries are willingly investing in air filtration technologies to enhance the air filtration qualities and workplace enhancements. High demands for oil and gas filters and heating ventilation and air conditioning systems in residential and commercial areas and the advantages offered by the pleated filters will boost the market’s growth. All these factors create significant market growth opportunities over the forecasted period.
Restraints/Challenges
- Fluctuations in Raw Material Prices
The inconsistent raw material prices have a direct negative impact on the overall market’s growth. As a result, these fluctuations will pose as a major challenge the pleated filters market growth rate.
This pleated filters market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the pleated filters market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent developments
- In 2019, Sharp Corporation introduced a humidifier-based air purifier to employ passive filter technology, high efficiency particulate matter (HEPA) and PANDAA to remove particulate matter (PM).
Global Pleated Filters Market Scope
The pleated filters market is segmented on the basis of type and end users. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Air Filter
- Medium Efficiency Filters
- HEPA
- Others
- High Efficiency Particulate Air (HEPA)
- Oil Filters
- Others
Applications
- Industrial
- Paints and Coatings
- Chemical and Petrochemicals
- Electronics
- Oil and Gas
- Power Generation
- Others
Global Pleated Filters Market Regional Analysis/Insights
The pleated filters market is analyzed and market size insights and trends are provided by country, type and end users as referenced above.
The countries covered in the pleated filters market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates the market in terms of market share and market revenue and will continue to flourish its dominance due to the increasing number of polluting industries such as cement, metal and chemical processing along with the rising demands of the filters within the region.
North America on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the rapid development and stringent regulations regarding pollution control within the region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Pleated Filters Market Share Analysis
The pleated filters market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to pleated filters market.
Some of the major players operating in the pleated filters market are
- 3M (U.S.)
- Airex Filter Corporation (U.S.)
- Columbus Industries Inc. (U.S.)
- Colorado Correctional Industries (U.S.)
- The Strainrite Companies (U.S.)
- Koch Filter (U.S.)
- Freudenberg Filtration Technologies GmbH & Co. KG (Germany)
- Donaldson Company, Inc. (U.S.)
- A.G Industries Pvt. Ltd. (India)
- PARKER HANNIFIN CORP (U.S.)
- SUEZ (France)
- Camfil (Sweden)
- DENSO CORPORATION. (Japan)
- Clark Air Systems (U.S.)
- Honeywell International Inc. (U.S.)
- Siemens (Germany)
- Boll & Kirch Filterbau GmbH (Germany)
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