According to the new
market research report "Bag Filter Market by Type (Pulse Jet, Shaker,
Reverse Air), Media (Woven, Non-Woven), Fluid Type (Air, Liquid), Applications
(Power Generation, Cement, Mining, Chemical, and Municipal), and Region -
Global Forecast to 2023", published by MarketsandMarkets™, the global Bag Filter Market is projected to reach
USD 10.2 billion by 2023 from an estimated USD 7.8 billion in 2018, at a CAGR
of 5.54%. This growth can be attributed to the environment and safety
regulations set by different governments to reduce air pollution, growth in the
cement and mining industry, and requirement of a safe working environment in
industries.
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The pulse
jet segment is expected to hold the largest share of Bag Filter Market, by
type, during the forecast period.
The pulse jet segment is estimated to dominate Bag
Filter Market in 2018 and is projected to have the largest market share during
the forecast period. This is mainly due to the fact that pulse jet filters
allow cleaning of the pollutants without hampering the production process in
industries such as cement and mining. Pulse jet filters are increasingly used
in industries such as cement, power generation, and mining to regulate the
particle emission and to meet the emission standards.
Browse and in-depth TOC on "Bag Filter
Market"
71 - Tables
37 - Figures
149 - Pages
View more detailed
TOC @
The nonwoven segment is
expected to be the fastest growing segment of Bag Filter Market, by media,
during the forecast period.
The
nonwoven segment accounted for the highest CAGR during the forecast period.
Growth of this segment can be attributed to the highly efficient filtration
level and high temperature resistance in applications in industries such as
power generation and chemical industry. In the cement and mining industry,
where there is an increased need to reduce particulate emissions, nonwoven bag
filters offer optimum filtration performance in conditions such as high
temperature and high flow applications.
Asia Pacific: The
leading market for bag filters.
In
this report, Bag Filter Market has been analyzed with respect to 5 regions,
namely, North America, South America, Europe, Asia Pacific, and the Middle East
& Africa. Asia Pacific is estimated to dominate the global Bag Filter
Market in 2018 owing to the industrial pollution from countries such as China
and India, where there is huge requirement for power and infrastructural
development due to growing population. Other countries in this region are also
investing in infrastructure and power generation projects to tackle growing
population demands. The grot hog Bag Filter Market in this region is also
driven by increasing necessity to improve air quality in industries for
workers. Failure to install bag filters can result into severe air pollution
related diseases and subsequent death.
To enable an
in-depth understanding of the competitive landscape, the report includes the
profiles of some of the top players in Bag Filter Market. Some of the
key players are Babcock & Wilcox (US), Eaton (Republic of Ireland),
Donaldson (US), Camfil Farr (Sweden), and Parker Hannifin (US). The leading
players are adopting various strategies to increase their shares in Bag Filter
Market.
Browse Adjacent Markets @ Energy and Power Market Research Reports & Consulting
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