By Infinium Global Research Aug, 2020
The Global Bag Filter Market is expected to grow at a CAGR of 5.20% & 4.00% between 2019 and 2025 in terms of value. Increasing awareness of workplace safety & security coupled with increasingly stringent government regulations is the major driving factor of the bag filter market. The demand for bag filters is expected to rise due to the increasing end-user industries such as food & beverages, manufacturing, pharmaceutical, and healthcare, among other end-user industries. Furthermore, the growing cement and mining industry is expected to fuel market growth. Increased environmental regulations, such as National Emission Standards for Hazardous Air Pollutants (NESHAP), are forcing cement producers to comply with strict measures for emissions control. Bag filters cannot be used with gases having high moisture content and require dry compressed air for their working that restrains the market growth. Moreover, increasing investments to improve air quality in the industries is anticipated to provide growth opportunities to the market players.
Geographically, North America dominates the global bag filter market due to stringent environmental laws about the environment and safety. The United States is one of the top polluters in the North American region. Further, countries such as the United States and Canada are among the top global polluters of particulate emissions as well as there are stringent penalties and emission rules for highly polluting industries such as cement and power that is drives the bag filter market in this region.