Press release
Industrial Bag Dust Filter Market Analysis: Revenues Worth nearly US$ 2,000 Mn by 2026-end | Top Players Profiling- Thermax Global, Filter Concept Pvt. Ltd., Babcock & Wilcox Co., Donaldson Company Inc., Clarcor Inc., Rosedale Products Inc., Parker Hannif
Fact.MR
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According to Fact.MR, the global market for industrial bag dust filter will register an average expansion throughout the forecast period, 2017 to 2026. Worldwide sales of industrial bag dust filters are expected to reach revenues worth nearly US$ 2,000 Mn by 2026-end. The food & beverage industry has comparative more dust-related fire explosions and accidents than other industrial sectors. Demand for bag dust filters in the food & beverage industry is therefore significant in order to take care of safety and health of workers. Requirement for industrial bag dust filters is mainly being driven by the shift in trends regarding consumer preferences toward ready-to-cook, snack, and frozen food products. In addition, the necessity to preserve food products including savories & sweets, gourmet food, natural and organic food products is further expected to fuel demand for industrial bag dust filters across various industries.
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.
Key Research Findings from Fact.MR’s Report Include
1- Shake and pulse jet will continue to be the top-selling dust cleaning type of industrial bag dust filters
2- PPS and aramid will remain the most lucrative material for industrial bag dust filter
3- Industrial bag dust filters will find the largest use in mining and construction industry during the forecast period
Competition Tracking
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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Table of Content:
Global Economic Outlook
Global Industrial Bag Dust Filter Market - Executive Summary
Global Industrial Bag Dust Filter Market Overview
3.1. Introduction
3.1.1. Global Industrial Bag Dust Filter Market Taxonomy
3.1.2. Global Industrial Bag Dust Filter Market Definition
3.2. Global Industrial Bag Dust Filter Market Size (US$ Mn) and Forecast, 2012-2026
3.2.1. Global Industrial Bag Dust Filter Market Y-o-Y Growth
3.3. Global Industrial Bag Dust Filter Market Dynamics
3.4. Supply Chain
3.5. Cost Structure
3.6. Pricing Analysis
3.7. Raw Material Sourcing Strategy and Analysis
3.8. Service Provider List
3.9. Key Participants Market Presence (Intensity Map) By Region
Global Industrial Bag Dust Filter Market Analysis and Forecast 2012-2026
4.1. Global Industrial Bag Dust Filter Market Size and Forecast By Dust Cleaning Type, 2012-2026
4.1.1. Pulse Jet Market Size and Forecast, 2012-2026
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
Continued………
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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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