Pleated Filters Market Size - Industry Trends Report To 2026
Category: #business  By Rahul Varpe  Date: 2021-02-24
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Pleated Filters Market Size - Industry Trends Report To 2026

As per pleated filters market analysis, manufacturers are involved in strategic expansion initiatives which includes partnerships, research and development activities, and acquisitions so as to improve their market share as well as compete with other prominent players.

North America pleated filters market is projected to foresee growth of nearly 4.0% by 2026. Strict norms and regulations issued by numerous organizations which includes EPA concerning the emission of pollutants as well as hazardous substances will increase the demand for pollution controlling equipment thereby fueling the market growth.

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The pleated filters market from commercial application segment is anticipated to witness growth of over 6% by 2026 owing to increasing number of supermarkets and retail stores. The product is installed in office buildings and commercial spaces to reduce indoor pollutants.

According to research report, global Pleated Filters Market is estimated to surpass $19 billion by 2026.

Global pleated filters market is anticipated to witness a remunerative growth trend owing to the rising urbanization and industrialization, which are accelerating the demand for filtration products. Moreover, increasing awareness to reduce air pollution and minimize air borne diseases and for retaining good air quality will further encourage product demand. Occupational safety conditions, which are increasingly becoming more stringent, are growing the need for an environment in the industrial sector that is free from contamination.

Oil based filters are mostly used to protect engine from contaminants such as sand, metal bits, and carbon, by suspending them. It plays a key role in preventing early wear in the engine. The oil filter cleanses the oil since it passes through the filtering media or filter element.

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Moreover, it helps filter possible allergens that may affect human immune system. Increasing construction of office buildings and commercial spaces owing to growing consumer demand as well as employment opportunities would further stimulate the pleated filters market growth.

Furthermore, the product also protects oils from dirt and solid particles which includes carbon deposits, dust, soot particles, and abraded metal. Rising product demand for maintaining the efficiency of engine will further have a positive influence on market growth.

The product helps in eliminating and filtering fine contaminants and particles. Stringent health and safety guidelines to ensure employee safety would further promote the pleated filters market demand of pleated filters.

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The competitive landscape of pleated filters market includes companies like Denso Corporation, Spectrum Filtration Pvt. Ltd, Absolent Group, Filtration Group, Donaldson Company, Camfil, Koch Filter, Honeywell, and Clarcor, Inc among others.

Citing an example, Camfil and Salvador Escoda, back in June 2018, signed a deal to offer quality Camfil products from industrial air cleaners, filter segment, and segment of air pollution control through supply stores. Salvador Escoda is a Spanish based distribution company. This will in turn help the firm to grow its regional presence. The above factors would thereby have a positive influence on market growth.

Related Reports: -

Filter Bags Market: https://www.globenewswire.com/news-release/2019/03/05/1747778/0/en/Filter-Bags-Market-share-to-hit-4-bn-by-2024-Global-Market-Insights-Inc.html

HVAC Filters Market: https://www.globenewswire.com/news-release/2018/11/22/1655457/0/en/HVAC-Filters-Market-to-exceed-13-bn-by-2024-Global-Market-Insights-Inc.html

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About Author

Rahul Varpe

Rahul Varpe    

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

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