Pleated Filters Market Size

Pleated Filters Market Size

Pleated Filters Market size was valued at USD 10.4 billion in 2023 and is anticipated to register a CAGR of 6.9% between 2024 and 2032, driven by a surging demand for clean air and water. Key industries such as HVAC, automotive, pharmaceuticals, and water treatment are leading this demand. According to the American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE), concerns about air quality, especially in urban centers, have led to increased adoption of pleated filters due to their superior filtration capabilities and extended lifespan over traditional flat filters.

To get key market trends

  Download Free Sample

Furthermore, government regulations championing clean air standards, especially in industrial and commercial domains, are propelling the market. This momentum is bolstered by a heightened public awareness regarding the health ramifications of pollution and tainted air, as reported by the Environmental Protection Agency (EPA).

Technological innovations in filter materials and production techniques are fueling the expansion of the pleated filters market. The emergence of high-efficiency particulate air (HEPA) filters, alongside other cutting-edge filtration technologies, is broadening the application spectrum of pleated filters. The National Air Filtration Association (NAFA) notes that these filters are now finding roles in specialized settings like medical facilities and laboratories.

Moreover, as energy-efficient HVAC systems gain traction in residential, commercial, and industrial realms, the demand for pleated filters is on the rise, given their dual advantage of enhancing air quality and upholding system efficiency, as highlighted by the U.S. Department of Energy.

One of the primary challenges in the market is the high costs associated with advanced filtration materials. Although pleated filters are known for their superior filtration efficiency, the incorporation of cutting-edge materials such as HEPA or nanofibers drives up production costs.

According to the American Filtration and Separations Society (AFS), these advanced materials can increase production costs by up to 30%. This price hike can deter cost-sensitive customers, especially in fiercely competitive markets. Moreover, the upfront investment required to install pleated filters in expansive HVAC systems or industrial settings poses a hurdle for many businesses, particularly in financially constrained regions.