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Pleated Filters Market Size, Revenue Analysis, Opportunities, Trends, Product Launch, 2023–2027

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The Global Pleated Filters Market is projected to grow at a CAGR of 4.3% from USD 10.76 billion in 2019 to USD 15.18 billion in 2027.

The Pleated Filters Market is projected to reach USD 15.18 billion by 2027. The sector expects to be powered by increased demand for air filtration across the manufacturing sectors is expected to drive market growth in the pleated filters over the coming years. The factors such as growing environmental issues and a strict regulatory system have led to companies investing heavily in techniques and processes for air filtration. Also, the strict regulations and policies that regulate water treatment for both domestic and industrial waste-water are expected to stimulate the market for pleated filters.

Improving living status has increased disposable earnings, and increasing knowledge of health are some of the factors identified which are expected to drive market growth. The growing need for the implementation of air pollution control equipment anticipates a drive to demand Pleated Filters, especially in developing regions. The ever-increasing health issue, especially among urban youth, is expected to contribute significantly to market growth.

Major players are investing in research and development activities and continually introducing new products and services on the market to maximize the value of the customer's lifetime and thereby contribute to market growth. Furthermore, the firms are also interested in the creation of innovative sustainable products and technologies that give improved performance and better value to the clients.

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Market Overview:

As a result of steady revenue growth over the past few years, the manufacturing and construction industry is expected to achieve a robust annual revenue growth rate between 2021 and 2028. In addition to the rapidly growing construction industry, rapid urbanization and industrialization, and technological advancements in manufacturing techniques, this can also be attributed to these factors. Green construction and energy efficient buildings have become increasingly popular in recent years as awareness of environmental impact and carbon emissions has increased. Over the forecast period, key factors are expected to boost global market growth, including the rapid growth of global populations, changing lifestyle preferences, the increasing demand for smart buildings, an increase in renovation and reconstruction activities, and an increase in eco-friendly construction activities. Other factors that will contribute to market growth in the future include an increase in disposable income, government schemes, and investments by private organizations.

Some of the Leading Market Players Are Listed Below:

  • Clarcor Air Filtration,
  • Denso Corporation,
  • Troy Filters Ltd.,
  • Airex Filter Corporation,
  • Delta filtration,
  • Koch Filter Corporation,
  • 3M Company,
  • Midwesco Filter Resources Inc

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Competitive Landscape:

The global market comprises various market players operating at regional and global levels. These key players are adopting various strategies such as license agreements, partnerships, merger and acquisitions, collaborations, RD investments, and joint ventures to gain robust footing in the market. 

Market Segmentation:

Product Type Outlook (Revenue, USD Billion; 2019-2027)

  • Air Filters
  • Oil Filters
  • Food Beverage Filters
  • Others

Material Type Outlook (Revenue, USD Billion; 2019-2027)

  • Polyester
  • Cotton
  • Paper

Application Outlook (Revenue, USD Billion; 2017-2027)

  • Commercial
  • Chemical
  • Paints Coating
  • Food Beverage
  • Others

The Global Pleated Filters Market Is Segmented Into:

  • North America (U.S.A., Canada, Mexico)
  • Europe (Italy, U.K., Germany, France, Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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