Analysis of Pleated Filter market applications and companies active in the industry

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Pleated Filters Market 2021- Forecasts, Analysis,
Overview and Trends Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Pleated Filters Market

• The size of pleated filters market is anticipated
  to touch 326.0 million units till 2022 as
  predicted by Global Market Insights. It is rising
  at a compound annual growth rate (CAGR) of 6.5
  between years 2015 to 2022.
• Strict regulations of environment because of
  degradation in the quality of air along with
  rising demand of energy saving are likely to
  boost the pleated filter market trend. Efforts
  for restricting the growth of air borne infection
  are also expected to fuel up the market.
• Construction spending of Asia Pacific countries
  namely India, China and Japan was anticipated as
  USD 427 billion, USD 1.78 trillion and USD 742
  million respectively in the year 2013. Fuelling
  usage of HVAC systems along with switching from
  old air conditions is likely to expedite the
  pleated filters market share.

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Future of Pleated Filters Market

• Market of oil filters enjoyed greater than 10 of
  overall demand in the year 2014 and is
  anticipated to rise at an annual growth rate of
  7 till 2022.
• Commercial sectors which comprise of schools,
  buildings and offices have noticed 20 of overall
  demand in the year 2014 and are likely to grow
  over 6 till 2022.
• Asia Pacific market of pleated filters dominated
  in the year 2014 and hence reached up to USD 3
  billion.
• Industrial applications noticed maximum
  installation, thus earning significant revenue of
  USD 3.5 billion in the year 2014. This sector has
  been emerged as a thriving segment because of
  demand in infrastructure development of power and
  cement industries.

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