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Comprehensive Study on Pleated Filters Market Share 2026 | Top Companies like - Honeywell, Denso, Koch Filter, Camfil, Donaldson

05-19-2020 07:38 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: DEC Research

Pleated Filters Market

Pleated Filters Market

LATAM holds a share of over 5.5% in the overall pleated filters market. Increasing construction activities throughout the MEA region will foster pleated filters market demand. The region is likely to record a CAGR of around 6% over the coming years. Filters are generally used for the maintenance of equipment used in public works, earthwork and construction activities.

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With less resistance through filters, there is reduction in the required energy, thereby reducing costs to the customer as well as carbon footprint. Pleated filter bags have nearly 58% less emission level with around 50% low energy consumption as compared to the standard filtered bags.

Pleated Filters Market Growth Drivers: -
1. North America: Growing awareness for contamination free air owing to growing airborne diseases
2. Europe: Growing contamination in food and beverage industry
3. Asia Pacific: Increasing construction activities in region

Automotive filters have exceptional automotive mechanism and it makes use of excellent quality filtration process for removing impurities from oils. It is applicable for removing impurities from oil that are non-synthetic, synthetic and others.

Pleated filters usually come with one- or four-inch pleats. The pleats tend to increase the surface area of the filter and allow it to pull a high percentage of large particles out of the air. The four-inch pleated filters tend to last up to three months as compared to the one-inch pleated filters, that generally tend to clog.

Pleated Filters Market Outlook by Application: -
1. Commercial
2. Industrial
3. Residential
4. Utilities
5. Others
Among these, the utilities segment is likely to record a CAGR of more than 4%. The filters are used in gas, electricity, sewerage and water purposes.

Furthermore, in comparison with the standard filter bags, these filters use caps at the bottom to prevent leakage. They also boast of a larger filtration capacity and filtration surface area. With strict laws and tighter emission controls, these bags also help in keeping the environment cleaner.

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Pleated filter bags use different types of media for retention of finer particles, thereby helping to reduce the environmental impact of the dust collection unit. The market is anticipated to register modest growth over the forecast period, owing its use across a wide array of applications.

Based on product type, pleated filters market is classified into air filter, HEPA, oil filter, medium efficiency filter, food & beverage filter and others. Among these the others segment is anticipated to register a lucrative rate of growth over the forecast time period. The others segment includes automotive filters and held a share of around 6% in 2018.

The others segment cover a number of industries including metal processing, cement and agriculture and holds a pleated filters market share of over 2.5%. Use of filters in agriculture industry helps in protecting the tractors, farm machinery and farm equipment from variables like wind, rain, sun, frost as well as crop-eating pests.

Fabric filters of various types have been the most common method of removing dust for many cement mill operations. Many new filter media have now become available through constant development and improvement of synthetic materials.

Key Companies operating in pleated filters market: -
Absolent Group, Freudenberg, Camfil, Donaldson Company, Inc., Clarcor Air Filtration, Airex Filter Corporation, The National Filter Media Corporation (Midwesco Filter Resources Inc), Tex-Air Filters, Columbus Industries, Inc., Koch Filter, Troy Filters Ltd., Filtration Group, Denso Corporation, Honeywell, Spectrum Filtration Pvt. Ltd.

Browse more info @ https://www.globenewswire.com/news-release/2020/01/30/1977271/0/en/Pleated-filters-market-to-cross-USD-19-bn-by-2026-Says-Global-Market-Insights-Inc.html

About DEC Research:
DecResearch.com, powered by Global Market Insights, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI.

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