A recent report published by Infinium Global Research on the bag filter market provides an in-depth analysis of segments and sub-segments in the global as well as regional bag filter market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional bag filter market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global bag filter market. According to the report, the global bag filter market is projected to grow at a CAGR of 5.2% over the forecast period of 2019-2025.
Market Insight
The world is paying more and more attention to the environment with the development of economic, companies and factories. A bag filter assists the commercial industries to keep a check on air pollution by separating the gas-solid mixture through the filtration process and trapping the air pollutants. A bag filter can filter large volumes of high viscosity liquids and gases. The separation of the particles normally takes place on the internal surface of the filter or can also take place on the external surface depending upon the industrial application.
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.
Segment Covered
The report on the global bag filter market covers segments such as type, media, fluid, and end-users. On the basis of type, the sub-markets include pulse jet, reverse air, and shaker. On the basis of media, the sub-markets include woven, pleated, and nonwoven. On the basis of fluid, the sub-markets include air, and liquid. On the basis of end-users, the sub-markets include chemical & petrochemical, food processing, mineral, cement, automotive, and other end-users.
Companies Profiled:
The report provides profiles of the companies in the market such as Thermax Ltd., Mitsubishi Hitachi Power System, Ltd., Donaldson Company, Inc., Pall Corporation, BWF Envirotec, Shanghai Filterbag Factory Co., Ltd., GE Appliances, Eaton Corporation Plc, Babcock & Wilcox Enterprises, Inc., Rosedale Products Inc., and other companies.
Report Highlights:
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the bag filter market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
