Press release
Liquid and Air Filter Bags Market Growth Factors, Applications, Regional Analysis, Key Players and Forecasts by 2023
The global liquid and air filter bags market is projected to reach $6,144.9 million by 2023. The market growth is driven by growing industrialization and expanding automotive industry.Request to Get the Sample Report : https://www.psmarketresearch.com/market-analysis/liquid-and-air-filter-bags-market/report-sample
Based on type, the liquid and air filter bags market is bifurcated into liquid and air. Air filter bags is expected to be the faster growing type during the forecast period, advancing at CAGR of 6.2% in terms of volume. The increasing need for dust and other unwanted foreign particle removal from industrial equipment is fueling its market growth. Also, high demand of the bag for air conditioning and ventilation purpose further propels its market growth.
On the basis of bag size, the liquid and air filter bags market is categorized into 7OD*32’’, 7OD*17’’, 4OD*14’’, 4OD*8’’, and others. Among all bag sizes, the volume sales of 4OD*8’’ are expected to exhibit fastest growth in the market, witnessing a CAGR of 5.7% during the forecast period.
The liquid and air filter bags market in Asia-Pacific (APAC) has been witnessing the highest sales of these bags. This can mainly be attributed to the increasing industrialization and urbanization in the region, which are the major factors contributing to the increased demand of filter bags. The typical application area of these bags includes commercial buildings, pharmaceutical, mining, industrial, and others.
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Some of the major players operating in the global liquid and air filter bags market are Emirates Industrial Filters Ltd., Cummins Inc., CLARCOR Inc., Donaldson Company Inc., Pall Corporation, Parker Hannifin Corporation, Eaton Corporation, DuPont de Nemours, Filter Concept Pvt. Limited, and FILPRO Corporation.
GLOBAL LIQUID AND AIR FILTER BAGS MARKET SEGMENTATION
By Type
Liquid
Air
By Bag Size
7OD*32’
7OD*17’’
4OD*14’’
4OD*8’’
Others
By Application
Chemicals & Pharmaceuticals
Mining
Water Treatment
Steel & Power
Cement
Others
By Geography
North America
U.S.
Canada
Europe
Germany
U.K.
Italy
France
Rest of Europe
APAC
China
Japan
India
Rest of APAC
Latin America (LATAM)
Brazil
Mexico
Rest of LATAM
Middle East and Africa (MEA)
Saudi Arabia
South Africa
Rest of MEA
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Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
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