Global Pleated Filters Market: Market Research by Knowledge Sourcing Intelligence

The global pleated filters market is anticipated to grow at a good CAGR. Pleated air filters are advanced filters traditionally manufactured from a unique type of wire synthetic media, to offer a much higher level of filtration than the standard filters. The fold is used to increase the surface area of a filter without having a big impact on airflow and can successfully filter out dust mites, dust, pollen, mold, pet dander, and even the smallest bacteria. The rising demand for pleated filters can be attributed to the increasing air pollution leading to the drastic rise in airborne diseases. Stringent standards by agencies such as EPA and REACH will further boost the market during the given forecast period. However, the presence of substitute products might hamper the growth of the market during the given time frame.

 Global Pleated Filters Market Forcast

Global Pleated Filters Market by Geography: 

By geography, the global pleated filters market is segmented as Americas, Europe, the Middle East and Africa, and the Asia Pacific. The Americas and Europe are projected to hold a noteworthy share in the market owing to the early adoption of technology in these regions coupled with high investments and budding standards aimed towards energy and environmental efficiency. The Asia Pacific is also projected to hold a decent share in the market while showing multiple development opportunities owing to the budding construction and industrialization activities along with a growing emphasis on cost optimization. The market research provides a detailed analysis of global pleated filters market on the basis of the various segment like- by geography, by application, etc.

Sample View of Global Pleated Filters Market by Geography

Global Pleated Filters Market by Application:

The commercial pleated filters market is projected to grow at a CAGR of X.XX%, rising from US$XX.XXX billion in 2017 to reach US$XX.XXX billion in 2023. Commercial facilities play host to a number of different people who have varying sensitivities. Even small particles and indoor pollutants have also been recognized as one of the top environmental risks to public health which is expected to be a prime driver augmenting the pleated filters market growth during the forecast period. In fact, indoor air pollution causes a number of heart and lung diseases such as COPD and according to the World Health Organization report of 2017, it is estimated that 3.17 deaths were caused by disease COPD (Chronic obstructive pulmonary disease) in 2015 under which indoor pollution is expected to hold a significant share. In addition, increasing regulation and guidelines for protecting public health by authorities around the globe is further expected to propel the market growth opportunities in the coming years.

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Stringent regulations set by the agencies will augment the demand of the pleated filters, thus, boosting the market during the given time frame.