Fabric Filters Market Size, Regional Overview, Competitive Landscape, Business Growth, Share Analysis And Forecast To 2033

The new report published by The Business Research Company, titled "Fabric Filters Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the fabric filters market size has grown strongly in recent years. It will grow from $3.68 billion in 2023 to $4.03 billion in 2024 at a compound annual growth rate (CAGR) of 9.7%. The fabric filters market size is expected to see rapid growth in the next few years. It will grow to $5.98 billion in 2028 at a compound annual growth rate (CAGR) of 10.4%.

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The Rising Fabric Filter Market Amidst Growing Environmental Concerns And Global Warming Challenges
An increase in environmental concerns due to global warming is expected to propel the growth of the fabric filter market going forward. Global warming is when carbon dioxide (CO2) and other air pollutants accumulate in the atmosphere, absorbing sunlight and solar energy that has reflected off the earth's surface, causing the increasing temperature of the oceans and atmosphere. Furthermore, fossil fuels such as coal, oil, and gas are the most significant contributors to global climate change, accounting for more than 75% of global greenhouse gas emissions and nearly 90% of total carbon dioxide emissions. Fiber filters are a way to remove tiny particulates from the air, which could prevent their emissions from reaching the surrounding environment. For instance, a report published by the World Meteorological Organization in January 2022 states that in 2021, the average global temperature was about 1.11 (0.13) °C higher than pre-industrial (1850-1900) levels. The year 2021 marks the seventh consecutive year (2015-2021) in which global temperatures have risen by more than 1 °C above pre-industrial levels. Therefore, an increase in environmental concerns due to global warming is driving the growth of the fiber filter market.

The Surge Of Technological Advancements In The Fiber Filter Market For Sustainable Air Filtration Solutions
Technological advancement is a key trend gaining popularity in the fiber filter market. Major companies operating in the fabric filter market are focused on providing technologically advanced fabric filter solutions to strengthen their market position. The recent market has witnessed the use of advanced electrostatic fabric filters to reduce fly ash particle emissions. The electrostatic filter is an air filtration technology used to filter dust from critical industrial processes such as incinerators, glass manufacturing, combustion in general, cement factories, and others. For instance, in June 2022, researchers at North Carolina State University discovered a new method for filtering carbon dioxide from air and gas mixtures by combining cotton fabric with an enzyme called carbonic anhydrase. The preliminary laboratory tests represent a significant step in developing a potential carbon capture technology through a fabric filter that could reduce carbon dioxide emissions from biomass, coal, or natural gas power plants.

The fabric filters market covered in this report is segmented -

1) By Type: Pulse Jet, Reverse Air/Gas, Other Types
2) By Media: Nonwoven, Woven
3) By End User: Power Generation, Chemical Industry, Pharmaceuticals, Food and Beverages, Steel Mills, Other End-Users

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Major companies operating in the fabric filters market report are Ahlstrom-Munksjö Oyj, Lydall Inc., Valmet Oyj, Freudenberg Filtration Technologies GmbH & Co. KG, American Fabric Filter Co., Johns Manville Corp., Kimberly-Clark Corporation, MANN+HUMMEL Gruppe, Norafin Industries Germany GmbH, Nordic Air Filtration AS, Sefar Holding AG, 3M Company, Eagle Nonwovens Inc., Clear Edge Filtration Inc., Berry Global Inc., Parker-Hannifen Corporation, Hamon Corporation, Autotech Nonwovens Pvt. Ltd., Nederman Corporation Inc., Pall Corporation, Siemens AG, Affinia group, Donaldson Company, Cummins Inc., Clarcor Inc, Babcock & Wilcox Company, Foster Wheeler AG, The Mitsubishi Group, KBR Inc., Thermax Ltd., Hitachi Ltd.

Contents of the report:
1. Executive Summary
2. Fabric Filters Market Report Structure
3. Fabric Filters Market Trends And Strategies
4. Fabric Filters Market - Macro Economic Scenario
5. Fabric Filters Market Size And Growth
…..
27. Fabric Filters Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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