With 5.9% CAGR, Worldwide Sales of Vacuum Dust Filter Market Is Forecast To Surpass USD 43 Million by 2032

The global vacuum dust filter market is estimated at USD 26 Million in 2022 and is forecast to surpass USD 43 Million by 2032, growing at a CAGR of 5.9 % from 2022 to 2032.

Overall, the global vacuum dust filter market is expected to account for approximately 9% of the dry type dust filter industry. Growth of the market is attributed to the fact that an increasing number of people are opting for clean air solutions- both in the private and public spheres. Among all application areas, these filters will likely find major applications in oil and gas, mining & construction and pharmaceutical domains.

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Key Takeaways

• Based on product, demand for allergen vacuum dust filters is likely to surpass US$ 3 Mn in value by 2022-end

• Sales of HEPA filters are most likely to accelerate at a CAGR of 4.6% across the 2022-2032 forecast period, capturing nearly 1/5th market share

• Scented filters accounted for 10% of the vacuum dust filters market revenue in 2017, likely to gain a prominent share by 2022

• Demand for vacuum dust filters across the power & utilities segment to be valued at US$ 2.8 Mn as of 2022

• North America to emerge as an important market, acquire over a quarter of the global market share. The U.S is likely to account for 80% of overall North American demand

• Germany to experience 1.3x growth with respect to vacuum dust filters market demand
Growth Drivers

• Toughening regulations on maintaining good air quality across commercial sectors is expected to bode well for the market for vacuum dust filters in the long run. Furthermore, rising consciousness about maintaining personal hygiene standards is increasing uptake in the residential segment

• Key manufacturers are likely to capitalize on the ever expanding opportunities presented across the developing world, most notably across India, China and Germany
Key Restraints

• Vacuum dust filters with low durability, require replacement on a frequent basis owing to which consumers incur additional costs as well as lose confidence from the brand or company. Hence, retaining customer loyalty is proving to be a challenge

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Key Companies Profiled by Fact.MR

• Global Road Technology
• Quaker Chemical Corporation
• Donaldson Company, Inc.
• Nederman Holding AB
• Camfil
• JKF Industri A/S
• Sly Environmental Technology Ltd.
• Beltran Technologies, Inc.
• Other Key Players

Global Vacuum Dust Filter Market Segments

• By Product Type, Global Vacuum Dust Filter Market is segmented as:

o HEPA Filters
o MicroFresh Filters
o Allergen Filters
o Washable Filters
o Pet Filters
o Wet/dry Filters
o Scented Filters
o ULPA Filters
o Other Products

• By End-User, Global Vacuum Dust Filter Market is segmented as:

o Mining
o Construction
o Power & Utilities
o Chemical & Processing
o Oil & Gas
o Pharmaceuticals
o Other end-User

• By Region, Global Vacuum Dust Filter Market is segmented as:

o North America
o Latin America
o Europe
o Japan
o APEJ
o MEA

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Key Questions Covered in the Vacuum Dust Filters Market Report

• What is the global vacuum dust filters market scenario?
• How far is the global demand expected to reach over the forecasted period?
• What was the last 5-year CAGR for the demand in the demand in the vacuum dust filters market?
• Who are the prominent players in the global vacuum dust filters market?
• Which is the most leading region in the vacuum dust filters market?

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This release was published on openPR.