Pleated filters market size to reach $14.9 bn by 2022. - PowerPoint PPT Presentation

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Pleated filters market size to reach $14.9 bn by 2022.

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Pleated Filters Market Size By Product (HEPA, Air Filter, Oil Filter, Medium Efficiency Filter, Food & Beverage Filter), By Application (Commercial, Industrial, Residential, Utilities), Industry Analysis Report, Regional Outlook, Application Potential, Price Trend, Competitive Market Share & Forecast, 2015 – 2022. – PowerPoint PPT presentation

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Title: Pleated filters market size to reach $14.9 bn by 2022.


1
Pleated filters market size to reach 14.9 bn by
2022
2
Global Market Scenario of Aerial
Imaging/Photography Industry
  • Pleated filters market size is likely to be
    valued at USD 14.9 billion by 2022 as per a new
    research report by Global Market Insights, Inc.
    Growing need for energy conservation and low
    green house gases (GHG) emission devices is
    likely to drive demand.
  • The market is also likely to be driven by
    consumer preference to install latest air
    conditioning systems in residential and
    commercial buildings. These filters also have
    significance in HVAC installation systems.
  • Air based pleated filters market share dominated
    the industry and accounted for more than 50 of
    the total demand in 2014. Growing importance of
    efficient equipments with for minimizing indoor
    contaminants is likely to drive air filters
    demand. Oil filters are likely to witness highest
    growth rates with an estimated CAGR of 7.5 up to
    2022.

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Continue.....
  • Stringent regulations by governing bodies such
    as EPA to curb air borne diseases are anticipated
    to drive pleated filters market size over the
    next seven years. Ensuring continuous down-flow
    of particulate-free fluids in oil gas
    exploration and production applications is
    anticipated to play a major role in increasing
    the demand. Preference of some substitute
    products to remove micro-particulates is likely
    to challenge pleated filters industry.
  • Global pleated filters market size was estimated
    197.2 million units in 2014 and may register
    326.0 million units by 2022 growing with an
    estimated CAGR of 6.5 from 2015 to 2022.
  • Industrial applications dominated the overall
    demand and accounted for 41.9 of the total
    volume in 2014. Rapid industrialization in
    emerging economies such as  Asia Pacific Latin
    America coupled with increasing investments in
    expansion of cement and power industries is
    likely to drive demand for this application.
    Residential applications are likely to witness
    moderate growth rates at CAGR of 5.7 up to 2022.

4
Germany pleated filters market size, by product,
2012 - 2022 (Million Units)
5
360 Analysis
  • Application Analysis
  • Industrial applications witnessed the largest
    installation and generated revenue exceeding USD
    3.5 billion in 2014. Industrial application
    segment majorly includes power, cement and metal
    industries involving its use. Industrial
    applications emerge as a leading segment on
    account of increasing infrastructure investments
    in power sector and cement industries.
  • Regional Analysis
  • Asia Pacific pleated filters market was the
    dominant region with valuation of over USD 3
    billion in 2014. Industrialization coupled with
    stringent environment regulations will emerge as
    major driver for demand in India and China.
    Currently, China pleated filters market size, at
    over USD 1.1 billion in 2014 is the largest
    regional industry followed by Japan. 
  • Competitive Market Share
  • The global pleated filters market share is
    fragmented and is characterized by the presence
    of international and domestic industry
    participants. The industry is likely to attract
    new participants over the coming years owing to
    rapid industrialization in emerging economies


6

Latest Research Report On Aerial Imaging Market_at_
https//www.gminsights.com/pressrelease/pleated-fi
lters-market-report Download Latest Report
PDF _at_ https//www.gminsights.com/request-sample/de
tail/161
7
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www.gminsights.com
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