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Global Vacuum Dust Filters Market In-depth Forecast Study Highlights Growth in CAGR 4.9% and Revenue US$ 27Mn till 2022 | Top Market Players- Global Road Technology, Quaker Chemical Corporation, Donaldson Company, Nederman Holding AB, Camfil, JKF Industri

10-01-2018 12:59 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fact.MR

Fact.MR

A steady spike in purchasing power, growing awareness of health and hygiene concerns, and a greater number of women joining the workforce leave precious little time for household chores, fuelling the vacuum cleaner market. The growth of the vacuum dust filter market is directly linked to that of the vacuum cleaner market. Furthermore, continuous innovations in vacuum cleaners coupled with an increasingly tech-savvy population is predicted to benefit the global vacuum dust filter market that is projected to be worth almost US$ 27 million by end 2022.

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The global market for vacuum cleaners is boosted by a high disposable income and better facilities for infrastructure being provided nowadays. Also, there is an increasing demand for automated and less time-consuming cleaning solutions is driving the vacuum dust filters market. Moreover, there is an increase in the urban population and improvement in the standards of living in the developing economies which also support the market growth of vacuum cleaners. In addition, there is an increasing demand for energy-efficient vacuum cleaners in the market. Filters are a critical component of vacuum cleaners. Due to all these above mentioned factors, the market for vacuum dust filters market is also poised to exhibit a decent growth.

As per the forecast of Fact.MR, the global vacuum dust filters market is slated to touch a value of nearly US$ 27 Mn in the year 2022 and exhibit a moderate CAGR during the period of assessment.

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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Competition Dashboard in the Vacuum Dust Filter Market

A few of the key stakeholders actively involved in the vacuum dust filter market have been profiled in the report. The companies include Global Road Technology, Quaker Chemical Corporation, Donaldson Company, Nederman Holding AB, Camfil, JKF Industri A/S, Sly Environmental Technology Ltd., and Beltran Technologies.

Forecast Highlights on Global Vacuum dust filters Market
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.
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. 
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.  
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. 
Table of Content:

1 Global Outlook
1.1 Industrial Automation and Equipment Industry
1.2 Global Industry Gross Value Added (% of GDP) , by Region
1.3 Global Energy Consumption (kg of oil equivalent per capita), by Region & Countries
1.4 Global CO2 emission from fossil fuel combustion in 2013, by Sector

2 Global Vacuum Dust Filter Market - Executive Summary

3 Global Vacuum Dust Filter Market Overview
3.1 Introduction
      3.1.1 Global Vacuum Dust Filter Market Taxonomy
      3.1.2 Global Vacuum Dust Filter Market Definition
3.2 Global Vacuum Dust Filter Market Size (US$ Mn) and Forecast, 2012-2022
      3.2.1 Global Vacuum Dust Filter Market Y-o-Y Growth
3.3 Global Vacuum Dust Filter Market Dynamics
      3.3.1 Drivers
      3.3.2 Restraints
      3.3.3 Trends
3.4 Supply Chain
3.5 PESTLE Analysis
3.6 Cost Structure
3.7 Pricing Analysis
3.8 Raw Material Sourcing Strategy and Analysis
3.9 Government Regulations
3.10 List of Distributors
3.11 Porter’s Analysis
3.12 Product Life Cycle
3.13 Key Participants Market Presence (Intensity Map) By Region

4 Global Vacuum Dust Filter Market Analysis and Forecast
4.1 Global Vacuum Dust Filter Market Size and Forecast by Product Types, 2012-2022
      4.1.1 HEPA Filters Vacuum Dust Filter Market Size and Forecast, 2012-2022
              4.1.1.1 Revenue (US$ Mn) Comparison, By Region
              4.1.1.2 Market Share Comparison, By Region
              4.1.1.3 Y-o-Y growth Comparison, By Region
      4.1.2 Micro Fresh filters Vacuum Dust Filter Market Size and Forecast, 2012-2022
              4.1.2.1 Revenue (US$ Mn) Comparison, By Region
              4.1.2.2 Market Share Comparison, By Region
              4.1.2.3 Y-o-Y growth Comparison, By Region
      4.1.3 Allergen Filters Vacuum Dust Filter Market Size and Forecast, 2012-2022
              4.1.3.1 Revenue (US$ Mn) 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 Insights 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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Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/

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