Pleated Filters Market size worth over $19 Bn by 2026

Published Date: January 30, 2020

Pleated Filters Market size is set to surpass USD 19 Billion by 2026; according to a new research report by Global Market Insights Inc.

Strict occupational safety norms & policies that define the air quality inside industrial and commercial facilities will drive the pleated filters industry growth. Rising concerns about mitigating the negative impacts of contaminants which are generated from industrial facilities to ensure healthy working condition.

Growing need to prevent spreading of air borne diseases will fuel the pleated filters market demand. Increasing number of R & D activities to provide efficient filtration solutions is likely to further escalate the industry statistics.

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Growing food and beverage processing industry will foster the product demand

Filtration plays a vital role in the food & beverage sector in order to provide contaminant free atmosphere. The food & beverage industry requires compressed air to preserve food. Therefore, there is a need for clean and purified compressed air. Growing packaged food demand will boost food manufacturing operations which will have a positive impact on the market.

Food & beverage filters segment is forecast to witness 6.5% CAGR through 2026 led by robust utilization in maintaining food quality. Rising food contamination can have a negative effect on human health, customer loyalty and damage brand image. Airborne bacteria are a serious concern for food processors. Compressed air is the main utility which supports the food processing and food packaging industries. Compressed air must not contain any impurities and contaminants in order to ensure safety and hygiene of the food products processed in facility. Stringent food safety regulations in order to reduce contamination will fortify pleated filters demand.

Browse key industry insights spread across 220 pages with 221 market data tables and 35 figures & charts from the report, “Pleated Filters Market Size By Product (Air Filter {Medium Efficiency Filter, HEPA Filter}, Oil Filter, Food & Beverage Filter), By Application (Commercial, Industrial, Residential, Utilities), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2026” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/pleated-filters-market-size

Increasing utilization for residential construction

Pleated filters market from residential application is projected to register growth rate of over 6% till 2026 owing to rapid residential construction activities and growing population. Pleated filters helps to filter harmful contaminants which may lead to respiratory and eye issues. Global residential building construction market is anticipated to observe significant gains 10% by 2024.

Increasing commercial infrastructure construction projects in Asia Pacific

Construction activities leads to the generation of large amounts of dust particles which are major cause of dust pollution.  Exposure to these fine particles may lead to nasal congestion and other respiratory issues. The product helps to separate and filter these particles thus reducing the contaminants in atmosphere. Rising awareness for reducing air pollution will augment the regional pleated filters market revenue.

Key industry participants are Donaldson Company, Spectrum Filtration Pvt. Ltd, Honeywell, Denso Corporation, Clarcor, Inc, Camfil, Filtration Group, Troy Filters Limited, Koch Filter, Absolent Group, and Tex-Air Filters.

Several companies are also involved in various strategies and initiatives including technological advancements, product launches, and mergers & acquisition in order to gain substantial market share.