Pleated Filters Market Size, Share, Growth Analysis, By Application(HVAC Systems, Industrial Processes, and Healthcare Facilities), By End-user(Residential, Commercial, Industrial and Healthcare), By Region - Industry Forecast 2024-2031

The Pleated Filters Market size was valued at USD 11.27 billion in 2021 and is poised to grow from USD 11.71 billion in 2022 to USD 15.91 billion by 2030, growing at a CAGR of 3.9% in the forecast period (2023-2030). 

In order to meet the varying filtration needs across multiple sectors, a blend of specialized players, established industry titans, and innovative producers, are constantly endgame in a fierce competition in the pleated filters market. Key players in the market use the advantage of their established reputation and expertise that comes with experience to put out a wide range of pleated filter solutions, that are customized according to different applications and industries, into the market. In order to improve overall product performance, reduce pressure drops, and improve efficient filtration, these companies are actively engaged in R&D activities. Additionally, industry leaders carry a competitive advantage over other participants due to their pre-established and well-working distribution networks and customer relationships. 'Honeywell International Inc.', 'Parker Hannifin Corporation', '3M Company', 'MANN+HUMMEL Group', 'CLARCOR Industrial Air', 'Camfil AB', 'Filtration Group Corporation', 'Ahlstrom-Munksjö', 'Swift Filters, Inc.', 'Donaldson Company, Inc.', 'Air Filters, Inc.', 'Flanders Corporation', 'Troy Filters Ltd.', 'Freudenberg Filtration Technologies', 'Koch Filter Corporation', 'General Filters, Inc.', 'Tex-Air Filters', 'Universal Air Filter Company', 'Columbus Industries, Inc.', 'Nederman Holding AB'

The adoption and installation of pleated filters in both residential and commercial settings has been on the rise as the demand for efficient air filtration solutions grows due to the increasing concerns about indoor air pollution and the negative effects it has on health.

Emphasis on Indoor Air Quality (IAQ): The rising demand for functional and efficient air filtration solutions has been fueled by the growing awareness of the significance of indoor air. As individuals spend more time indoors, particularly in commercial spaces and homes, there's a growing focus on using pleated filters to mitigate airborne pollutants, allergens, and contaminants.

In the pleated filters market, North Americahas come out on top as the largest region. The region, particularly the United States, has maintained the leading position as a result of its widespread use of pleated filters, both in commercial and residential sectors, due to heightened focus placed on energy efficiency regulations, indoor air quality, and a dynamic HVAC market. This region’s dominance can be credited to its well-established commercial infrastructure, that includes shopping centers, office buildings, and hotels.