Pleated Filters Market Size By Product (HEPA, Air Filter, Oil Filter, Medium Efficiency Filter, Food & Beverage Filter), By Application (Commercial, Industrial, Residential, Utilities), Industry Analysis Report, Regional Outlook, Application Potential, Price Trend, Competitive Market Share & Forecast, 2015 – 2022
Browse key industry insights spread across 94 pages with 98 market data tables & 10 figures from the report, “Pleated Filters Market Size By Product (HEPA, Air Filter, Oil Filter, Medium Efficiency Filter, Food & Beverage Filter), By Application (Commercial, Industrial, Residential, Utilities), Industry Analysis Report, Regional Outlook, Application Potential, Price Trend, Competitive Market Share & Forecast, 2015 – 2022” in detail along with the table of contents:
Accelerating demand of infrastructure especially in Middle East & Africa along with Asia Pacific is indicating towards booming future of HVAC systems. Construction spending of Asia Pacific countries namely India, China and Japan was anticipated as USD 427 billion, USD 1.78 trillion and USD 742 million respectively in the year 2013. Fuelling usage of HVAC systems along with switching from old air conditions is likely to expedite the pleated filters market share.
Apart from infrastructure, Asia Pacific countries namely India, China, Japan and MEA are observing great demand in vehicles. And this demand will bring a boom in filters, as they play a pivotal role in engines of automobiles. Also the demand of clean oil and great energy efficiency in automobile industries is likely to boost up the market.
Let’s take a look on some of the eye-catching figures, indicating the future of pleated filters:
Market of oil filters enjoyed greater than 10% of overall demand in the year 2014 and is anticipated to rise at an annual growth rate of 7% till 2022.
- Commercial sectors which comprise of schools, buildings and offices have noticed 20% of overall demand in the year 2014 and are likely to grow over 6% till 2022.
- Asia Pacific market of pleated filters dominated in the year 2014 and hence reached up to USD 3 billion.
- Industrial applications noticed maximum installation, thus earning significant revenue of USD 3.5 billion in the year 2014. This sector has been emerged as a thriving segment because of demand in infrastructure development of power and cement industries. Limitations in emission along with HEPA standards are expected to drive the need for industrial applications.
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The global market of pleated filters has got an upsurge because of national as well as international participants. This market is anticipated to attract more business in near future due to emerging industries and economies. Major companies comprise of 3M Company, General Motors Company, The Strainite Companies, Donaldson Company Inc., Midwesco Filter Resources Inc, Columbus Industries, Camfil AB and Atlas Copco.
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
- Medium Efficiency Filters
- Food & Beverages Filters
- Oil Filters
Pleated Filters Market Application Analysis (Revenue, USD Million, Volume, Million Units; 2012 – 2022)
Pleated Filters Market Regional Analysis (Revenue, USD Million, Volume, Million Units; 2012 – 2022)
- North America
- Asia Pacific
- Middle East & Africa (MEA)
- Central & South America (CSA)
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