HVAC and Construction Industry Pleated Filters Market Share and Analysis, 2024 | Page 2

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The commercial application was the second largest sector in 2014 and held for more than 25 % of the overall
demand. It is further expected to experience considerable gains of 7 % during the forecast period. This sector
mainly comprises offices, buildings, and schools.
Geographically, Asia-Pacific dominated the global market in 2015. The European market held more than 25 % of
the overall demand in 2015. It is further expected to grow at a healthy CAGR of over 6 % from 2016 to 2024.
This market is estimated to grow considerably as a result of strict regulations by the Registration, Evaluation,
Authorisation and Restriction of Chemicals (REACH) and several other regulatory bodies so as to control
hazardous emissions and to conserve energy.
Some of the key companies operating in the pleated filters market are Donaldson Company Inc.; The 3M
Company; Midwesco Filter Resources Inc.; and General Motors Company.
Browse Related category Market Reports @ https://www.hexaresearch.com/research-category/hvac-and-
construction-industry
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