|07-05-2018 01:20 PM CET - Industry, Real Estate & Construction||
Global Industrial Bag Dust Filter Market: Brief Analysis of Products and Application Set to Attain Higher Position Through 2026
Press release from: Fact.MR
Industrial bag dust filters are air control equipment utilized for using envelopes, fabric filter tubes, or cartridges for separating dust and several other particulate matter. These filters are equipment manufactured for use in almost every dust producing applications. Various types of industrial bag dust filter are available in the market, which include shake, pulse jet and reverse air filter.
The application of fabric filter products such as dust bags is gaining momentum across several industrial verticals. Over the recent past, industrial bag dust filters have emerged as a key industrial commodity. From heavy industries to drug makers, the demand for industrial bag dust filters has picked up considerable traction. Advancements in bag filtration technologies continue to play a key role in development of industrial bag dust filters. New techniques are creating new avenues for application of industrial bag dust filters. Multi-filtration processes are being actively integrated with industrial bag dust filters to protect the overall processing equipment.
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Manufacturers of industrial bag dust filters are focusing on developing new range of products. However, strict compliance to global standards has become a mandate in the global industrial bag dust filters manufacturing landscape. With surging pressures on the manufacturing sector, the growing end-use of industrial bag dust filters is demanding companies to instate different designs and multi-layered dust filtration systems in their products. According to a recently published report by FactMR, over 1,390 Mn units of industrial bag dust filters were sold across the globe in 2017. The study reveals that the demand for industrial bag dust filters will gain traction, and register sales of over 1,920 Mn units by the end of the forecast period, 2017-2026. During this period, the global industrial bag dust filters market is poised to expand at a CAGR of 3.6%.
Growing Popularity of Hybrid Electrostatic Filters to Influence Market Growth
Industrial bag dust filters are the most effective instruments for air pollution control, which work by eliminating particles arising from gas steam of various industrial processes or electrical production processes. Stringent regulations imposed on industries regarding maintenance of pure indoor air have spurred the adoption of industrial bag dust filters. This has further prompted manufacturers to focus more on product development to cater the requirement for more effective & efficient industrial bag dust filters. The popularity of hybrid electrostatic filters has witnessed a tremendous surge over the past few years, as they enable ESP to collect large amount of dust particles, both small and large particles. In addition, emission from hybrid electrostatic filters is relatively lower than conventional filters.
North America was Dominant Market for Industrial Bag Dust Filter Market in 2017
North America was the dominant market for industrial bag dust filter in 2017. This can be primarily attributed to the growth in lumber industry, coupled with the rise in residential and commercial infrastructure development and increased presence of high quality furniture producers. Europe is anticipated to become the most lucrative market for industrial bag dust filter by 2026-end. In addition, the market in Asia-Pacific excluding Japan (APEJ) is projected to exhibit the highest CAGR through 2026. Increasing demand for processed food products in countries such as China and India, along with the rising purchasing power of people in the region will aid the market growth in APEJ.
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Global Industrial Bag Dust Filters Market: Key Takeaways
1) In 2017 and beyond, industrial bag dust filters will be predominantly used for pulse jet cleaning, while shake cleaning and reverse air cleaning will account for near-equal share on global revenues
2) PPS materials used in the production of industrial bag dust filters are expected to have accounted for sales of over 200 Mn units in 2017
3) By 2026-end, more than 230 Mn units of industrial bag dust filters made of PP materials will be sold in the global market
4) The report projects that by 2017-end, mining industry has emerged as the largest end-user in the global industrial bag dust filters market
5) Over 300 Mn industrial bag dust filters were sold across the global mining sector in 2017
6) North America, Europe and Asia-Pacific excluding Japan (APEJ) will represent leading markets for industrial bag dust filters throughout the forecast period
7) The APEJ industrial bag dust filters market will record high revenue growth at 4% CAGR during the forecast period
On account of the presence of several vendors, the global market for industrial dust bag filter is quite fragmented. International vendors account for maximum market shares, and have a broad geographical presence with numerous manufacturing facilities. These vendors are focusing on developing and introducing innovative products for improving their market position and sustaining their competitiveness in the market. Key players identified by the report include Thermax Global, Filter Concept Pvt. Ltd., Babcock & Wilcox Co., Donaldson Company Inc., Clarcor Inc., Rosedale Products Inc., Parker Hannifin Corporation, Porex Filtration, Camfil Farr Inc., Pall Corporation, Mitsubishi Hitachi Power Systems Ltd., Eaton Corporation, Lenntech B.V., W.L. Gore & Associates, Inc., and BWF Envirotech.
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