Press release
Global Industrial Bag Dust Filter Market Outlook & Deep Study of Top Consumers, Players and Strategies by 2026
Fact.MR
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The report offers an overview of the global industrial bag dust filter market. This section comprises definition of the product – industrial bag dust filter, along with key insights on dynamics playing an important role towards the growth of the market. The overview also includes market value and year-on-year growth defining the future progress and decline of the global industrial bag dust filter. Data on the year-on-year growth provides readers with an overall view on expected progress reshaping growth during the forecast period.
In the next section, the report provides insights on major drivers, key trends, and retrains on the basis of demand, supply and macro-economic factors. The report also talks about an impact analysis of drivers and restraints that helps in decision-making and becoming more efficient.
The report further provides information on various technological advancements in the global industrial bag dust filter market. Latest information and advancements regarding growth opportunities can prove to be beneficial for the leading manufacturers of industrial bag dust filter. With advancements in technology, keeping an eye on the latest trends and developments is important for industrial bag dust filter manufacturers to frame key business strategies. Key insights concerning the list of distributor, supply chain, cost structure, pricing analysis, and raw material sourcing, are also provided in this section of the report.
Global Industrial Bag Dust Filters Market: Key Takeaways
1) In 2017 and beyond, industrial bag dust filters will be predominantly used for pulse jet cleaning, while shake cleaning and reverse air cleaning will account for near-equal share on global revenues
2) PPS materials used in the production of industrial bag dust filters are expected to have accounted for sales of over 200 Mn units in 2017
3) By 2026-end, more than 230 Mn units of industrial bag dust filters made of PP materials will be sold in the global market
4) The report projects that by 2017-end, mining industry has emerged as the largest end-user in the global industrial bag dust filters market
5) Over 300 Mn industrial bag dust filters were sold across the global mining sector in 2017
6) North America, Europe and Asia-Pacific excluding Japan (APEJ) will represent leading markets for industrial bag dust filters throughout the forecast period
7) The APEJ industrial bag dust filters market will record high revenue growth at 4% CAGR during the forecast period
North America was Dominant Market for Industrial Bag Dust Filter Market in 2017
North America was the dominant market for industrial bag dust filter in 2017. This can be primarily attributed to the growth in lumber industry, coupled with the rise in residential and commercial infrastructure development and increased presence of high quality furniture producers. Europe is anticipated to become the most lucrative market for industrial bag dust filter by 2026-end. In addition, the market in Asia-Pacific excluding Japan (APEJ) is projected to exhibit the highest CAGR through 2026. Increasing demand for processed food products in countries such as China and India, along with the rising purchasing power of people in the region will aid the market growth in APEJ.
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Key Research Findings from Fact.MR’s Report Include
1) Shake and pulse jet will continue to be the top-selling dust cleaning type of industrial bag dust filters
2) PPS and aramid will remain the most lucrative material for industrial bag dust filter
3) Industrial bag dust filters will find the largest use in mining and construction industry during the forecast period
Competition Tracking
On account of the presence of several vendors, the global market for industrial dust bag filter is quite fragmented. International vendors account for maximum market shares, and have a broad geographical presence with numerous manufacturing facilities. These vendors are focusing on developing and introducing innovative products for improving their market position and sustaining their competitiveness in the market. Key players identified by the report include Thermax Global, Filter Concept Pvt. Ltd., Babcock & Wilcox Co., Donaldson Company Inc., Clarcor Inc., Rosedale Products Inc., Parker Hannifin Corporation, Porex Filtration, Camfil Farr Inc., Pall Corporation, Mitsubishi Hitachi Power Systems Ltd., Eaton Corporation, Lenntech B.V., W.L. Gore & Associates, Inc., and BWF Envirotech.
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research 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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