Press release
Pleated filters market size to reach $14.9 bn by 2022.
Pleated filters market size is likely to be valued at USD 14.9 billion by 2022; as per a new research report by Global Market Insights, Inc. Growing need for energy conservation and low green house gases (GHG) emission devices is likely to drive demand. The market is also likely to be driven by consumer preference to install latest air conditioning systems in residential and commercial buildings. These filters also have significance in HVAC installation systems.Air based pleated filters market share dominated the industry and accounted for more than 50% of the total demand in 2014. Growing importance of efficient equipments with for minimizing indoor contaminants is likely to drive air filters demand. Oil filters are likely to witness highest growth rates with an estimated CAGR of 7.5% up to 2022.
Stringent regulations by governing bodies such as EPA to curb air borne diseases are anticipated to drive pleated filters market size over the next seven years. Ensuring continuous & down-flow of particulate-free fluids in oil & gas exploration and production applications is anticipated to play a major role in increasing the demand. Preference of some substitute products to remove micro-particulates is likely to challenge pleated filters industry.
To access a sample copy or view this report in detail along with the table of contents, please click the link below:https://www.gminsights.com/request-sample/detail/161
Key report insights suggest:
Global pleated filters market size was estimated 197.2 million units in 2014 and may register 326.0 million units by 2022 growing with an estimated CAGR of 6.5% from 2015 to 2022.
Industrial applications dominated the overall demand and accounted for 41.9% of the total volume in 2014. Rapid industrialization in emerging economies such as Asia Pacific & Latin America coupled with increasing investments in expansion of cement and power industries is likely to drive demand for this application. Residential applications are likely to witness moderate growth rates at CAGR of 5.7% up to 2022.
Asia Pacific dominated the regional market and accounted for 43.2% of the total volume in 2014 and is likely to witness highest gains up to 2022. Increasing flow of FDIs coupled with stringent regulations to curb air pollution is likely to drive regional demand.
U.S. pleated filters market share is likely to witness moderate growth rate with an estimated CAGR of 3.2% up to 2022.
The market is characterized being highly fragmented with presence of large number of domestic and international industry participants. Key companies include General Motors Company, 3M Company, Midwesco Filter Resources Inc, Donaldson Company Inc., Freudenberg & Company KG, Atlas Copco, Camfil AB and The Strainite companies. The market is also likely to increase the competition by attracting new industry participants.
Global Market Insights has segmented the pleated filters industry on the basis of product, application and region:
Pleated Filters Market Product Analysis (Revenue, USD Million, Volume, Million Units; 2012 – 2022)
Air Filters
HEPA
Medium Efficiency Filters
Food & Beverages Filters
Oil Filters
Others
Pleated Filters Market Application Analysis (Revenue, USD Million, Volume, Million Units; 2012 – 2022)
Industrial
Commercial
Utilities
Residential
Others
Pleated Filters Market Regional Analysis (Revenue, USD Million, Volume, Million Units; 2012 – 2022)
North America
U.S.
Europe
Germany
UK
Italy
Asia Pacific
China
Japan
Middle East & Africa (MEA)
Central & South America (CSA)
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Jack Davis
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-257-2444
Toll Free: 1-800-421-1507
Email: sales@gminsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Pleated filters market size to reach $14.9 bn by 2022. here
News-ID: 334416 • Views: …
More Releases from Global Market Insights Inc.
Latest Research Report On Agricultural Adjuvants Market 2021. Major Players Incl …
The agricultural adjuvants market is expected to observe noteworthy growth on account of increasing demand for high-quality crops. Adjuvants commonly act as an additive in pesticides that increase its effectiveness and smoothen its mixing application.
The demand for plant protection products in countries like Bangladesh, India, and Vietnam has surged considerably in recent years. Ever-increasing population across developing economies has forced farmers to produce large quantities of high-quality yields. Citing…
U.S. Minoxidil Market 2021 Growth Opportunities and Competitive Landscape 2027 - …
The U.S. minoxidil industry has been impacted by the COVID-19 pandemic in the form of increased stress amid job losses and health issues, creating rising incidences of hair fall and associated problems. The industry is expected to gain commendable proceeds on account of an upsurge in research studies concerned with the effectiveness of minoxidil.
Citing one such instance, in January 2021, a study published in the Dermatologic Therapy supported the efficacy…
Global Sulfosuccinate Market 2021 Future Growth With Technology and Current Tren …
Owing to these factors, estimates have revealed that the global sulfosuccinate market size will exceed USD 475.7 million in annual estimation by 2024.
Increasing adoption of high-performance materials that meet application-specific requirements across various industries, including pharmaceuticals will stimulate the need for sulfosuccinate compounds. The surging disposable incomes of consumers mainly across the developing nations have also fueled their spending capacities on household and personal care.
Sulfosuccinates are mainly a mild type…
By 2026, Graphene Market will register over 35% CAGR | Applied Nanotech, Inc, an …
The global Graphene Market is slated to gain significant momentum over the forthcoming years, as a result of the growing product consumption in the electronics sector, particularly in developing countries. This high consumption can be attributed to its superior qualities such as high electrical conductivity, durability, and toughness.
Request a sample of this research report @
https://www.gminsights.com/request-sample/detail/233
Top Key Players in The Market are:
Graphenea S.A., Applied Graphene Materials plc, ACS…
More Releases for Filter
Filter Aid Diatomaceous Earth For Gravity Filter
Technology data sheet
TYPE
Color
Grade
Permeability
Density
Screening%
PH
MIN darcy
TARGET darcy
MAX darcy
TARGET g/cm3
MAX g/cm3
+150mesh
MIN
TARGET
MAX
ZBS100
pink/white
Dissolve calcination
1.3
1.5
1.8
0.37
0.4
0
NA
4
8-11
ZBS150
pink/white
Dissolve calcination
1.5
1.9
2.3
0.35
0.4
0
NA
4
8-11
ZBS200
pink/white
Dissolve calcination
2.3
2.6
3
0.35
0.4
0
NA
4
8-11
ZBS300
white
Dissolve calcination
3
3.5
4
0.35
0.37
0
2
6
8-11
ZBS400
white
Dissolve calcination
4
4.5
5
0.35
0.37
2
4
10
8-11
ZBS500
white
Dissolve calcination
4.8
5.3
6
0.35
0.37
4
8
15
8-11
ZBS600
white
Dissolve calcination
6
7
8
0.35
0.37
6
10
20
8-11
ZBS800
white
Dissolve calcination
7
8
9
0.35
0.37
10
15
25
8-11
ZBS1000
white
Dissolve calcination
8
10
12
0.35
0.38
12
21
30
8-11
13
19
25
0.35
0.38
9
19
30
8-11
ZBS1200
white
Dissolve calcination
12
17
30
0.35
0.38
NA
NA
NA
8-11
Product Advantages
- complete range of permeability - complete certification: ISO, Halal, Kosher - suitable for all walks of life - Higher efficiency filtration - National Patent products
Application
In industrial applications, one or two kinds of diatomite filter aid are mixed and used according to the viscosity of the filtered liquid.To get the satisfactory…
Automotive Filters OE Market, By Filter Type (Air Filter, Fuel Filter, Oil Filte …
Automotive filters OE market is expected to grow at a compound annual growth rate of 4.95% over the forecast period of 2021 to 2028. Data Bridge Market Research report on automotive filters OE market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market's growth.
View Detailed Report: https://www.databridgemarketresearch.com/reports/global-automotive-filters-oe-market
The automotive filters OE market has a huge potential to…
Automotive Filters Market to 2027 Global Analysis and Forecasts by Type (Fuel Fi …
The Automotive Filters is majorly used to remove the air pollutants, dust particles in order to improve the vehicle performance by reducing fuel consumption and resulting in high power output. These filters support in increasing the air flow and lessen the engine damage, which in turn increases the life span of the vehicle. Also, high gasoline prices are anticipated to shift manufacturer’s emphasis on reduced fuel consumption.
Get Free 20%…
Inferior Vena Cava Filter (IVC Filter) Market 2018-2025 Segmented by Types: Perp …
The Inferior Vena Cava Filter (IVC Filter) Market 2018 Research Report (Request Sample Report Here) is collected with several market features, for example, market overview, type, application, region, and players/suppliers. The valuation of Inferior Vena Cava Filter (IVC Filter) market report is set up to help strategists in understanding the production, revenue, price, market share and growth rate influence under the study period. This industry examination ensures that the reader…
Automotive Filter Market by Filter Type (Fuel Filter, Engine Oil Filter, Engine …
Automotive Filter Market by Filter Type (Fuel Filter, Engine Oil Filter, Engine Air Filter, Cabin Air Filters, Steering Filter, and Coolant Filter), Application (Passenger Cars and Commercial Vehicle), and Distribution Channel (OEM and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2018-2024". The report offers in-depth analyses of the top investment pockets, drivers & opportunities, competitive landscape, and key strategic moves by key players. According to the report, the global automotive…
Automotive Filter Market by Filter Type (Fuel Filter, Engine Oil Filter, Engine …
Asia-Pacific is expected to dominate the global automotive filter market during the forecast period, owing to rise in demand for passenger cars. In 2017, China is projected to dominate the Asia-Pacific market. U.S. is anticipated to lead the market in North America, whereas the UK led the European market in 2017.
According to a recent report published by Allied Market Research, titled, Automotive Filter Market by Filter Type, Application, and Distribution…
