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Pleated Filters Market size is estimated to record 7% CAGR between 2023 and 2032, owing to the rising concerns associated with deteriorated air quality. Increasing awareness of health issues related to indoor air pollution leading to the surge in demand for efficient air filtration solutions will drive the market growth. Industry participants are taking efforts to enhance their level of service across multiple countries with stringent air quality regulations and standards, adding to the product demand.
The rising prevalence of respiratory diseases and allergies will accelerate the adoption of pleated filters to mitigate airborne allergens and contaminants. However, the growing consumer preference for alternative filtration solutions may limit the demand for pleated filters. The decreased revenue shares and limited opportunities for innovation and expansion will also pose as restraints for the industry growth.
Report Attribute | Details |
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Base Year: | 2022 |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 7% |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 220 |
Tables, Charts & Figures: | 256 |
Segments covered: | Product and Application |
Growth Drivers: |
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Pitfalls & Challenges: |
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