Press release
Global Bag Filter Market Projected to Surpass $11.5 Billion by 2029 with 7% Annual Growth
Bag Filter Market
The bag filter market's expansion is anticipated to be driven by the surge in coal-fired generation. This process entails using coal to heat water and generate steam which in turn produces electricity. Bag filters, also known as baghouses, are cylindrical filter bags deployed in coal-fired power plants. Their role is to clean up large volumes of ash-filled fuel gas, thereby mitigating air pollution. For example, a report released by the Energy Information Administration, a U.S. government agency, in September 2023 stated that the United States burned roughly 513 million short tons of coal in 2022. This accounted for about 9.8% of the nation's total energy usage for that year, based on energy content. As a result, the proliferation of coal-fired generation is expected to drive the bag filter market's expansion.
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What Is the projected market size and growth rate for the bag filter market?
The size of the bag filter market has significantly expanded in the past few years. The market's worth is expected to increase from $8.39 billion in 2024 to $8.83 billion in 2025, representing a compound annual growth rate (CAGR) of 5.2%. The expansion during the historic period can be ascribed to improvements in materials and design, considerations of operational costs, governmental assistance and incentives, waste management protocols, and health-related worries.
Expectations for the bag filter market size indicate substantial growth in the coming years, expanding to $11.45 billion by 2029 with a compound annual growth rate (CAGR) of 6.7%. The increased growth in the forecasted timeframe is due to elements such as industry development, global emphasis on air quality, requirements for energy efficiency, urbanization and industrial progress, customization and adaptability and digital assimilation. The predominant trends during this period are expected to be strict environment regulations, industrial advancement, focus on air quality and technological progress.
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What new trends are reshaping the bag filter market and its opportunities?
The bag filter market is observing a significant trend where technological progression is key. Major players in the market are focused on innovating and developing advanced technologies to solidify their hold in the market. For example, Camfil, an enterprise from Sweden known for its development of air filters and clean air products, unveiled their Hi-Flo next generation bag filters in August 2023. The most recent product in the Hi-Flo series is engineered to attain up to 30% reduction in energy consumption compared to the industry norm, and a decrease of up to 12% in energy usage compared to older models. The innovative features of the bag filter include conical pockets and a sophisticated seam design and stitching technique, which distribute air uniformly over the entire filter surface thereby maximizing the usability of the filter media.
What major market segments define the scope and growth of the bag filter market?
The bag filter market size has grown strongly in recent years. It will grow from $8.39 billion in 2024 to $8.83 billion in 2025 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to material and design enhancements, operational cost considerations, government support and incentives, waste management practices, health concerns.
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Which region dominates the bag filter market?
North America was the largest region in the bag filter market in 2024. The regions covered in the bag filter market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the bag filter industry growth?
Major companies operating in the bag filter market are Babcock & Wilcox Enterprises Inc., BWF Envirotech, Camfil Farr Group, Danaher Corporation, Donaldson Company Inc., Eaton Corporation PLC, General Electric Company, Lenntech B.V, Hitachi Power System Ltd., Parker Hannifin Corporation, Rosedale Products Inc., Shanghai Filterbag Factory Co. Ltd., Thermax Ltd., W.L. Gore & Associates, Mitsubishi Heavy Industries Ltd., Pall Corporation, Waldenfels & Co. KG, Industrial Filter Manufacturing Limited, Wolf Filtration Limited, MAHLE Industrial Filtration Inc., Filter Products Company, Filtervac International, Freudenberg Filtration Technologies, GORE Filtration Products, MANN+HUMMEL, Meissner Filtration Products, Nordic Air Filtration, Porvair Filtration Group, Sefar AG, GTS Filters & Systems Pvt. Ltd.
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What Is Covered In The Bag Filter Global Market Report?
• Market Size Forecast: Examine the bag filter market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the bag filter market for a structured understanding.
• Key Players Overview: Analyze major players in the bag filter market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the bag filter market.
• Segment Contributions: Evaluate how different segments drive overall growth in the bag filter market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the bag filter market.
• Industry Challenges: Identify potential risks and obstacles affecting the bag filter market.
• Competitive Landscape: Review strategic developments in the bag filter market, including expansions, agreements, and new product launches.
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More Releases for Filter
Filter Aid Diatomaceous Earth For Gravity Filter
Technology data sheet
TYPE
Color
Grade
Permeability
Density
Screening%
PH
MIN darcy
TARGET darcy
MAX darcy
TARGET g/cm3
MAX g/cm3
+150mesh
MIN
TARGET
MAX
ZBS100
pink/white
Dissolve calcination
1.3
1.5
1.8
0.37
0.4
0
NA
4
8-11
ZBS150
pink/white
Dissolve calcination
1.5
1.9
2.3
0.35
0.4
0
NA
4
8-11
ZBS200
pink/white
Dissolve calcination
2.3
2.6
3
0.35
0.4
0
NA
4
8-11
ZBS300
white
Dissolve calcination
3
3.5
4
0.35
0.37
0
2
6
8-11
ZBS400
white
Dissolve calcination
4
4.5
5
0.35
0.37
2
4
10
8-11
ZBS500
white
Dissolve calcination
4.8
5.3
6
0.35
0.37
4
8
15
8-11
ZBS600
white
Dissolve calcination
6
7
8
0.35
0.37
6
10
20
8-11
ZBS800
white
Dissolve calcination
7
8
9
0.35
0.37
10
15
25
8-11
ZBS1000
white
Dissolve calcination
8
10
12
0.35
0.38
12
21
30
8-11
13
19
25
0.35
0.38
9
19
30
8-11
ZBS1200
white
Dissolve calcination
12
17
30
0.35
0.38
NA
NA
NA
8-11
Product Advantages
- complete range of permeability - complete certification: ISO, Halal, Kosher - suitable for all walks of life - Higher efficiency filtration - National Patent products
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