Global Vacuum Dust Filters Market: Huge Growth Opportunities, Trends & Forecast 2022

Fact.MR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. This particular research report titled “Vacuum Dust Filters Market Forecast, Trend Analysis & Competition Tracking - Global Review 2017 to 2022” has been added to the wide online database of Fact.MR which discusses the present as well as future market scenario. Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the global vacuum dust filters market. In order to study development patterns, this smart assessment also focuses on market dynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the period until 2017 to 2022.

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Key Highlights on Global Vacuum dust filters Market

1- As per the forecast of Fact.MR, the allergen filters segment is slated to touch a value of nearly US$ 3.4 Mn in the year 2022. This represents a moderate CAGR growth during the assessment period of 2017-2022. The allergen filters segment is estimated to account for more than one-tenth of the revenue share of the product type segment by the year 2017 end and is expected to lose in market share by the year 2022 end.

2- As per the forecast of Fact.MR, scented filters segment will reach a value of nearly US$ 2.8 Mn in the year 2022. This represents a robust CAGR growth during the forecast period. The scented filters segment is estimated to account for nearly one-tenth of the revenue share of the product type segment in the year 2017 end and is expected to gain market share by the end of the year 2022. 

3- As per the forecast of Fact.MR, the power and utilities segment is slated to reach a value of US$ 3.9 Mn in 2022. The power and utilities segment is expected to gain some market value by the end of the year 2022. The largest share is contributed by the North America region in the power and utilities segment.  

4- Fact.MR forecasts that the chemical and processing segment will exhibit a CAGR of nearly 5% from 2017 to 2022. Chemical and processing segment is estimated to account for more than one-tenth of the revenue share of the end user segment by 2017 end and is expected to lose some market share by the end of the year 2022. 

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HEPA and Micro Fresh Filters Key in Vacuum Dust Filter Market

The HEPA filters segment comprised roughly a sixth of the global vacuum dust filter market in 2017 but is poised to lose significant market share going forward. The HEPA filter segment is expected to have a value of more than US$ 4 million at the end of the forecast period. The HEPA filters segment is followed by the micro fresh filters segment in the vacuum dust filter market with a revenue share of one-seventh. The North America micro fresh filters market is the only one anticipated to be worth one million by the end of the forecast period.

Similar Opportunity in Washable Filters and Pet Filters Segment

The washable filters and pet filters segment account for a similar revenue share in the vacuum dust filter market by product type with the latter on track to gain BPS. Nonetheless, the washable filters segment is assessed to witness a moderate CAGR of little over 4.5% from 2017 to 2022, making it unwise to ignore entirely in the vacuum dust filter market. Along with North America, companies are advised to focus on Latin America as it is estimated to grow faster than Europe over the course of the five-year forecast.

Target Mining and Construction in the Vacuum Dust Filter Market

The mining and construction had a market share of 2/5th in the vacuum dust filter market by end user at the end of 2017. The construction segment is assessed to gain slight share while the mining segment is likely to lose share over the duration of five years. An absolute dollar opportunity of just under US$ 1.5 million is waiting to be tapped in the mining segment of the vacuum dust filter market from 2017 to 2022. Latin America with its abundant mineral wealth is the region to look out for in the mining segment of the vacuum dust filter market

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