Global Pleated Filters Market to Reach $19.5 Billion by 2030
The global market for Pleated Filters estimated at US$12.7 Billion in the year 2022, is projected to reach a revised size of US$19.5 Billion by 2030, growing at a CAGR of 5.5% over the analysis period 2022-2030. Air Filters, one of the segments analyzed in the report, is projected to record 5.6% CAGR and reach US$9.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Food & Beverage Filters segment is readjusted to a revised 6.5% CAGR for the next 8-year period.The U.S. Market is Estimated at $3.5 Billion, While China is Forecast to Grow at 9.7% CAGR
The Pleated Filters market in the U.S. is estimated at US$3.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.5 Billion by the year 2030 trailing a CAGR of 9.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 4.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.Select Competitors (Total 36 Featured) -
- Absolent Group
- Airex Filter Corporation
- Camfil
- Clarcor Air Filtration
- Columbus Industries, Inc.
- Denso Corporation
- Donaldson Company, Inc.
- Filtration Group
- Freudenberg
- Honeywell
- Koch Filter
- Spectrum Filtration Pvt. Ltd.
- Tex-Air Filters
- The National Filter Media Corporation (Midwesco Filter Resources Inc)
- Troy Filters Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Absolent Group
- Airex Filter Corporation
- Camfil
- Clarcor Air Filtration
- Columbus Industries, Inc.
- Denso Corporation
- Donaldson Company, Inc.
- Filtration Group
- Freudenberg
- Honeywell
- Koch Filter
- Spectrum Filtration Pvt. Ltd.
- Tex-Air Filters
- The National Filter Media Corporation (Midwesco Filter Resources Inc)
- Troy Filters Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 92 |
Published | May 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 12.7 Billion |
Forecasted Market Value ( USD | $ 19.5 Billion |
Compound Annual Growth Rate | 5.5% |
Regions Covered | Global |