As per Camfil, a leader in pleated air filter market, they explain pleated filters as:
“What Is a Pleated Air Filter?
The filter media of pleated air filters is arranged in a folded pattern (like an accordion) to maximize the media surface area without taking up an unreasonable amount of space. Without significantly impeding airflow, the increased surface area and loft of the filter media offers more protection than non-pleated filters, often referred to as ring panels. While pleated air filters carry a slightly higher purchase price than ring panels, a pleated air filter lasts longer and protects HVAC equipment more effectively which saves on maintenance costs compared to non-pleated filters.
However, while a pleated air filter is almost always the right choice over a ring panel, some pleated air filters are far more effective at cleaning the air and saving on operational cost than others.” Source Camfil Air Filters Blog
Global Pleated Filters market was estimated to be around 4417.81 million USD in 2020 and is expected to register a CAGR of 4.66% until 2027 says a newly published report. Pleated Filters Market 2021 report provides valuable insights into the state of the global pleated filters market along with estimates and forecasts until 2027.
Pleated Filters Market 2021 report also contains key statistics, facts, and figures about key pleated filters manufacturers, SWOT analysis, expert opinions, and the latest developments from across the globe. The report also includes the market size, sales, price, revenue, gross margins, market share, cost structure, and growth rate of the global pleated filters market.
Impact of Covid-19 on the global pleated filters market
Covid 19 has affected the global economy in three primary ways: it directly affected the production and demand, it led to supply chain and market disruption, and lastly, it affected the financial position of the firms and also affected the financial markets. The analysts who prepared this report expect the market to have remunerative effects for producers once the Covid-19 crisis is over. This report aims to illustrate the economic slowdown, the latest scenario, and the overall impact of Covid-19 on the entire industry.
Pleated Filters Market Report has been designed to incorporate both qualitative, and quantitative aspects of the industry with careful attention given to each region and country that has been a part of this study. The report aims to provide a balanced and detailed overview of the ongoing trends in the pleated filters market, opportunities/high growth areas, and pleated filters market drivers that would allow investors to align their market strategies to the current and future market dynamics.
Key Players in the Pleated Filters Market
The global Pleated Filters market is expected to rise at a compounded annual growth rate of 4.66% between 2021 and 2027. This report includes market segmentation by major market vendors, types, applications/end users, and geography (North America, Europe, South Asia, East Asia, Southeast Asia, Africa, Oceania, Middle East, and South America).
Key Indicators Analyzed
Market Players and Competitor Analysis
Pleated Filters Market report covers the key market players and includes company profiles, production capacity, sales, revenue, price and gross margin 2016-2027, and product specifications along with a thorough analysis of the market’s competitive landscape. It also includes detailed information on vendors and describes factors that will likely pose a challenge to the growth of vendors in the future.
Global and Regional Market Analysis
The Pleated Filters Market Report 2021 includes global and regional market status and outlook for 2016-2027 and provides detailed information about each country and region included in the report.
Key market trends including increased competition and continuous innovations.
Opportunities and Drivers
Identifies the growing demand and new technologies.
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