PUBLISHER: Lucintel | PRODUCT CODE: 1455944
PUBLISHER: Lucintel | PRODUCT CODE: 1455944
Pleated Filter Trends and Forecast
The future of the global pleated filter market looks promising with opportunities in the industrial, paint & coating, chemical & petrochemical, electronic, oil & gas, power generation, and food & beverage applications. The global pleated filter market is expected to reach an estimated $15.6 billion by 2030 with a CAGR of 3.7% from 2024 to 2030. The major drivers for this market are increasing industrial air quality regulations, growing demand for high-efficiency filtration in HVAC systems, and expanding applications of these filters in pharmaceutical and food industries.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Pleated Filter by Segment
The study includes a forecast for the global pleated filter by product type, application, and region.
List of Pleated Filter Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies pleated filter companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the pleated filter companies profiled in this report include-
Pleated Filter Market Insights
Lucintel forecasts that air filter will remain the largest segment over the forecast period due to its increasing utilization in HVAC systems, air purifiers, and air cleaners for home, business, and industrial applications.
Within this market, industrial will remain the largest segment over the forecast period.
Europe is expected to witness highest growth over the forecast period due to significant demand for pleated filter from various industries, such as cement, food & beverage, metal processing, and pharmaceutical in the region.
Features of the Global Pleated Filter Market
Market Size Estimates: Pleated filter market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Pleated filter market size by product type, application, and region in terms of value ($B).
Regional Analysis: Pleated filter market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, applications, and regions for the pleated filter market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the pleated filter market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the pleated filter market size?
Answer: The global pleated filter market is expected to reach an estimated $15.6 billion by 2030.
Q2. What is the growth forecast for pleated filter market?
Answer: The global pleated filter market is expected to grow with a CAGR of 3.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the pleated filter market?
Answer: The major drivers for this market are increasing industrial air quality regulations, growing demand for high-efficiency filtration in HVAC systems, and expanding applications of these filters in pharmaceutical and food industries.
Q4. What are the major segments for pleated filter market?
Answer: The future of the pleated filter market looks promising with opportunities in the industrial, paint & coating, chemical & petrochemical, electronic, oil & gas, power generation, and food & beverage applications.
Q5. Who are the key pleated filter market companies?
Answer: Some of the key pleated filter companies are as follows:
Q6. Which pleated filter market segment will be the largest in future?
Answer: Lucintel forecasts that air filter will remain the largest segment over the forecast period due to its increasing utilization in HVAC systems, air purifiers, and air cleaners for home, business, and industrial applications.
Q7. In pleated filter market, which region is expected to be the largest in next 5 years?
Answer: Europe is expected to witness highest growth over the forecast period due to significant demand for pleated filter from various industries, such as cement, food & beverage, metal processing, and pharmaceutical in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.