IMARC Group's report titled "Pleated Filters Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032", offers a comprehensive analysis of the industry, which comprises insights on the global pleated filters market share. The global market size reached US$ 12.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 17.7 Billion by 2032, exhibiting a growth rate (CAGR) of 3.96% during 2024-2032.

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Factors Affecting the Growth of the Pleated Filters Industry:

• Air Quality Concerns:

The increasing awareness among individuals about the importance of maintaining air quality is supporting the growth of the market. In addition, people are increasingly becoming aware about air pollution and its adverse health effects. Moreover, organizations and individuals are actively seeking ways to improve indoor air quality. Apart from this, pleated filters remove contaminants, such as dust, pollen, allergens, and even fine particulate matter effectively from the air. Furthermore, pleated filters offer high filtration efficiency and durability, which is impelling the market growth.   

• Rising Adoption of Heating, Ventilation, and Air Conditioning (HVAC):

The rising adoption of heating, ventilation, and air conditioning (HVAC) systems in residential and commercial buildings is bolstering the growth of the market. In line with this, pleated filters are essential components within HVAC systems, serving as primary filtration barriers that ensure the delivery of clean and purified air to indoor spaces. Furthermore, the increasing focus on occupant comfort, energy efficiency, and health is strengthening the market growth. Besides this, the commercial sector, including offices, shopping malls, and healthcare facilities relies on efficient HVAC systems to maintain comfortable and safe environments for occupants.

• Technological Advancements:

Technological advancements in pleated filters include advanced filtration media with nanofiber coatings, self-cleaning mechanisms, and antimicrobial coatings. In line with this, variable pleat geometries optimize airflow and filtration, while smart filters with sensors provide real-time monitoring. Furthermore, low-resistance designs improve energy efficiency, and customization options to cater to specific needs. Besides this, the rising focus on eco-friendly materials and processes is impelling the market growth. These innovations benefit in enhancing efficiency, durability, and environmental impact of pleated filters, which is propelling the market growth.

Leading Companies Operating in the Pleated Filters Industry:

• Airex Filter Corporation
• Camfil AB
• Clark Air Systems
• Columbus Industries, Inc. (Filtration Group Corporation)
• Donaldson Company, Inc.
• Freudenberg Filtration Technologies GmbH & Co. KG
• Graver Technologies
• Koch Filter
• Parker Hannifin Corporation
• Spectrum Filtration Pvt. Ltd.
• The Strainrite Companies
• Troy Filters

Pleated Filters Market Report Segmentation:

By Product Type:

• Air Filters
• Food and Beverages Filters
• Oil Filters
• Others

Air filters represented the largest segment due to the rising need to remove dust, mold spores, and other airborne particulate in residential and commercial buildings.    

By Application:

• Industrial
• Paints and Coating
• Chemicals and Petrochemicals
• Electronics
• Oil and Gas
• Power Generation
• Food and Beverage
• Others

On the basis of the application, the market has been divided into industrial, paints and coatings, chemicals and petrochemicals, electronics, oil and gas, power generation, food and beverage, and others.  

Regional Insights:

• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

Europe enjoys the leading position in the pleated filters market on account of the increasing demand for high-efficiency filtration systems.

Global Pleated Filters Market Trends:

The rising demand for smart pleated filters that are equipped with sensors and monitoring systems and allow for real-time tracking of filter performance and air quality is bolstering the market growth. In addition, these smart pleated filters allow users to receive alerts about the replacement of the filter, optimize maintenance schedules, and ensure continuous filtration effectiveness.

Manufacturers are offering customization options, allowing individuals to tailor pleated filters to their specific requirements, which is supporting the market growth. Besides this, the increasing development of eco-friendly pleated filters is propelling the market growth.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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