The global pleated filters market size was valued at USD 12.96 billion in 2023 and is anticipated to reach around USD 19.24 billion by 2033, growing at a CAGR of 4.03% from 2024 to 2033. The rising security concerns are driving the growth of the Rising pollution making improved air quality a pressing need in some areas.
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The Asia Pacific pleated filters market size was estimated at USD 6.35 billion in 2023 and is projected to surpass around USD 9.52 billion by 2033 at a CAGR of 4.13% from 2024 to 2033.
Asia Pacific dominated the global pleated filters market in 2023 and is expected to grow at the fastest rate in the upcoming years. This is because citizens have started earning good incomes, and the standard of living has improved. Also, developing the electronics industry will boost the market.
Europe will show significant growth during the forecast period. This can be attributed to the region’s strict standards to control emissions. Several industries that contribute to pollution, like the cement industry and the metal processing industry, are on the rise. This will increase the sales of the pleated filters market.
In today’s fast-paced world, several industries are growing, and more people are buying personal vehicles. This is resulting in degrading air quality, and pure air has become a necessity. Recently, according to the Air Quality Index, Bangladesh, Pakistan, and India have been the top three countries in the list of countries that are polluted. The northern part of India has extremely polluted air, and most families and offices have to use air purifiers along with air conditioners.
A pleated filter is made up of a pleated cloth, meaning the cloth has a series of folds to increase the surface area. Because of an increased surface area, more dust particles can be trapped. A pleated filter is popularly used in air conditioners and air purifiers. Pleated filters are important for HVAC (Heating, ventilation, and air conditioning) devices to ensure that they work at maximum efficiency. Because the filters, fans, and coils in HVAC devices function smoothly else, there will be a lot of debris getting settled on the device, which might reduce the efficiency. Pleated filters are installed in an air duct or a furnace, and they trap dust particles, allergens, and other air pollutants that might cause respiratory problems or breathing discomfort.
It should be noted that not only industries and automobiles cause pollution, but some unhealthy farming practices are responsible for the same. For instance, the North Indian region has the most polluted air because of the Punjab farmers burning the straw stubble after harvesting. The airflow is such that the smoke gets concentrated in areas like Delhi, Noida, Gurugram, etc., and causes mass pollution in these areas. Sometimes, the air quality in these areas gets so bad that it goes beyond the air quality check meter. Several countries also set alerts in their nations, highlighting that traveling to India might be risky during the concerned time periods.
| Report Coverage | Details |
| Global Market Size in 2023 | USD 12.96 Billion |
| Global Market Size by 2024 | USD 13.48 Billion |
| Global Market Size by 2033 | USD 19.24 Billion |
| Growth Rate from 2024 to 2033 | CAGR of 4.03% |
| Largest Market | Asia Pacific |
| Base Year | 2023 |
| Forecast Period | 2024 to 2033 |
| Segments Covered | By Product and By Application |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Drivers
Rising pollution and associated health concerns
There is a rise in the number of industries, and people are preferring to have private vehicles to commute. Hence, air quality is constantly degrading, and this is leading to respiratory disorders in people of all age groups. The health issues get even more serious for asthma patients. Hence it becomes important to have an air filter in some households. This contributed to the dynamics of the pleated filters market.
There are several benefits that drive the pleated filters market in a positive direction. Pleated filters have an increased surface area, which causes more dust particles to get trapped. The filters have a design that can trap extremely small particles present in the air, even of a size of 0.3 microns. This is particularly beneficial for those with pollen or dust allergies.
The filters can trap a large number of pollutants, and due to their high capacity, they need to be changed less frequently. As the filter designs kept improving, the modern filters lasted longer. A pleated filter might need to be changed every three months, but it also depends upon the dust content present in the air around the user. Pleated filters are available in a wide range, and different filters have their unique characteristics.
Awareness about environmental concerns
There is a rising awareness about the environment these days, and people are being cautious when it comes to the environment they are living in. There is a demand for fresh air in areas where pollution has crossed its limits, and it becomes a necessity, but not a luxury, to have an air filter. Social media, too, is adding to the growth of the pleated filters market. Several startups have their Instagram channels to promote their air filters through sponsorships. People are rating different air filters on YouTube so that they can make a proper decision when buying a pleated air filter.
Restraints
High costs
Pleated filters are a bit expensive compared to non-pleated filters. Although they are better than non-pleated filters, they consume a lot of energy and hence result in high electricity costs. Being expensive, someone living in a region with moderate or low pollution might not buy it. Also, high costs portray them as luxury and not a necessity in the eyes of middle-class people. One major problem with the pleated filters is that some types of filters are neither recyclable nor reusable. So, the only option is to discard them, which causes a lot of harm to the environment retarding the development of the pleated filters market.
Lack of durability
Pleated filters can capture fine dust, which means that it has extremely small pores, and a device, like an air conditioner, has to use more power to push the air. Additionally, after a few days of usage, these filters start accumulating dust, which further obstructs the airflow, resulting in increased power usage by the device to blow air. If such filters are used in areas with high pollution, they will be required to be replaced more frequently, resulting in more expenses. This can hinder the growth of the pleated filters market.
Opportunity
Growing research and development activities
A boosting pleated filters market opens opportunities for research and development in the field of air filtration. As mentioned before, some filters can’t be reused or recycled, and hence, they need to be discarded. However, steps can be taken to develop eco-friendly solutions, and biodegradable filters can be produced. The pleated sheet filters will be used in the healthcare sector, like hospitals, clinics, and laboratories, as these areas need a very sterile environment to avoid infection or contamination. Other industries where contamination needs to be prevented include food industries and pharmaceuticals.
The air filters segment contributed to the highest revenue share in the pleated filters market in 2023 and is expected to dominate the market throughout the forecast period. It will continue to grow, as it shows in its use in HVAC system devices. Industries, corporate offices, and several residences show its use, and hence, the demand will increase in the coming years.
The food & beverage filters segment is expected to grow at the fastest rate over the forecast period. The standard of living is improving, and people are earning good money to spend. The oil and gas segment will show substantial growth in the forecast period. There is an increasing demand for oil and gas filters because of the frequent replacement needed for these filters. Pleated filters have a high capacity for holding dirt; however, industrial uses demand frequent replacement.
The industrial segment generated the highest market share in the pleated filters market in 2023. Industries have become more aware of the bio-filtration, and this is boosting the market in a positive direction. The sales of eco-friendly pleated filters are increasing as more industries adopt environmentally friendly alternatives. The paints and coatings industry releases a lot of pollutants, and hence, these companies, too, will demand pleated filters to reduce the intensity of pollutants.
The electronics segment is expected to grow at the fastest CAGR. This can be attributed to the advancements in air filtration techniques employed in the electronic industry. Power generation facilities need to employ sophisticated methods to ensure the safety of their workers and the environment against the emissions generated. Furthermore, strict regulatory protocols recommending frequent audits ensure the use of optimum quality materials with periodic upkeep.
Segments Covered in the Report
By Product
By Application
By Geography
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