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Global Bag Filter Market, 2022 by Type (Pulse Jet, Shaker, Reverse Air), Media (Woven, Non-Woven), Fluid Type (Air, Liquid), Applications (Power Generation, Cement, Mining, Chemical, and Municipal)

Dublin, Dec. 18, 2018 (GLOBE NEWSWIRE) -- The "Bag Filter Market by Type (Pulse Jet, Shaker, Reverse Air), Media (Woven, Non-Woven), Fluid Type (Air, Liquid), Applications (Power Generation, Cement, Mining, Chemical, and Municipal), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The global bag filter market is projected to reach USD 10.2 billion by 2023 from an estimated USD 7.80 billion in 2018, at a CAGR of 5.54%.

This growth can be attributed to factors such as environment and safety regulations set by different governments to reduce air pollution, growth in the cement and mining industry, and requirement of a safe working environment in industries. However, slow implementation of pollution control reforms and unfavorable economic conditions could act as restraints for the market.

The pulse jet segment is expected to hold the largest market share in 2018 and is estimated to be the fastest growing segment during the forecast period. Pulse jet bag filters are increasingly used in industries because of their easy and dependable operation for high-volume dust collection applications. Furthermore, pulse jet bag filters also reduce maintenance and downtime costs. Highly polluting industries such as the chemical industry, mining, and power generation increasingly rely on pulse jet bag filters to meet their emission norms.

The air bag filter segment is expected to hold the largest market share during the forecast period because of their increasing demand in highly polluting industries such as power generation, mining operation, chemical, and cement industries. The Asia Pacific market is expected to hold the largest market for air fluid type bag filter with rapid adoption in countries such as China and India. Rapid urbanization and growing demand for clean air are driving the market for air type bag filters in this region.

The cement segment, by application, held the largest market share in 2017 and is estimated to be the fastest growing segment during the forecast period because the cement industry is one of the most pollution causing industries in the world and the rapid expansion of cement plants to meet the growing infrastructure requirements can act as a driver for bag filters in the cement industry. The Asia Pacific region is expected to hold the largest market share for the cement segment between 2018 and 2023 because China and India are among the top 2 cement producers in the world.

The North American region is expected to be the 2nd fastest growing market for bag filters by 2023. The bag filter market in this region is mainly driven by stringent environmental laws and the US being one of the top polluters in the North American region as well as in the world. Countries such as the US and Canada are among the top global polluters of particulate emissions and there are strict penalties and emission norms for highly polluting industries such as cement and power which is driving the bag filter market in this region.

The global bag filter market is dominated by a few major players that have a wide regional presence. The leading players in bag filter market are Babcock & Wilcox (US), Eaton (Republic of Ireland), Donaldson (US), Camfil Farr (Sweden), and Parker Hannifin (US).

Key Topics Covered:

1 Introduction
1.1 Objectives of the Study
1.2 Definition
1.3 Market Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Bag Filter Market
4.2 Asia Pacific Bag Filter Market, By Type & Country
4.3 Bag Filter Market, By Application
4.4 Bag Filter Market, By Media Type
4.5 Bag Filter Market, By Fluid Type

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Environment and Safety Regulations of Different Governments to Reduce Air Pollution
5.2.1.2 Growth in Cement and Mining Industry
5.2.1.3 Requirement of Safe Working Environment in Industries
5.2.2 Restraints
5.2.2.1 Slow Implementation of Pollution Control Reforms
5.2.2.2 Unfavorable Economic Conditions
5.2.3 Opportunities
5.2.3.1 Implementation of Mercury and Air Toxics Standards (MATS) in the US
5.2.3.2 Increasing Investments to Improve Air Quality
5.2.3.3 Marketable Byproducts
5.2.4 Challenges
5.2.4.1 Emergence of Alternative and Renewable Sources of Energy
5.2.4.2 Availability of Low Cost and Inferior Quality Bag Filter Products

6 Bag Filter Market, By Type
6.1 Introduction
6.2 Pulse Jet
6.2.1 Need for High Operational Efficiencies is Driving the Market Pulse Jet
6.3 Reverse Air
6.3.1 Need for Continuous Operations is Driving the Market for Reverse Air Filters
6.4 Shaker
6.4.1 Cost Effective Bag Filter Solutions is Driving the Market

7 Bag Filter Market, By Media
7.1 Introduction
7.2 Nonwoven
7.2.1 Limited Maintenance and Operational Cost is Driving the Market for Non-Woven Filters
7.3 Woven
7.3.1 Low Temperature Applications are Driving the Market for Woven Bag Filters
7.4 Others

8 Bag Filter Market, By Fluid
8.1 Introduction
8.2 Air
8.2.1 Highly Polluting Industries Such as Cement and Power Generation is Driving the Market
8.3 Liquid
8.3.1 Chemical and Other Process Industry Filtration Need is Driving the Market

9 Bag Filter Market, By Application
9.1 Introduction
9.2 Power Generation
9.2.1 Need to Reduce Particulate Matter Emission From Fossil Fuel Generation is Driving the Bag Filter
9.3 Cement
9.3.1 Growing Infrastructure Need is Driving the Demand for Cement Industry Bag Filter Market
9.4 Mining
9.4.1 Necessity to Meet Mining Emission Control Norms is Driving the Market
9.5 Chemical
9.5.1 Stringent Pollution Control Norms on Chemical and Petrochemical Industry is Driving the Market
9.6 Pulp & Paper
9.6.1 Need to Reduce Particulate Matter Emission From Pulp Processing is Driving the Market
9.7 Municipal Waste
9.7.1 Growing Waste Recycling Sectors is Driving the Need for Bag Filters
9.8 Other

10 Bag Filter Market, By Region
10.1 Introduction
10.2 Asia Pacific
10.2.1 China
10.2.1.1 Cement Production and Coal Power Plants are Driving the Bag Filters Market
10.2.2 India
10.2.2.1 Growing Poor Air Quality and Industrial Pollution are Driving the Market
10.2.3 Japan
10.2.3.1 Fossil Fuel Power Generation is Driving the Demand for Bag Filters
10.2.4 Australia
10.2.4.1 Mining Industry Pollution Norms are Driving the Demand for Bag Filters
10.2.5 Rest of Asia Pacific
10.2.5.1 Growing Power Demand and Cement Consumption are Driving the Market
10.3 North America
10.3.1 US
10.3.1.1 Growing Chemical and Cement Industry Demands are Driving the Market
10.3.2 Canada
10.3.2.1 Pollution Control Norms of Chemical and Mining Sectors are Driving the Market
10.3.3 Mexico
10.3.3.1 Planned Infrastructure Spending and Demand for Cement are Expected to Drive the Market
10.4 Europe
10.4.1 Germany
10.4.1.1 Increasing Chemical Consumption is Driving the Market
10.4.2 UK
10.4.2.1 Need for Clean Air Quality is Driving the Market
10.4.3 Italy
10.4.3.1 Increased Infrastructure Spending and Cement Demand are Expected to Drive the Market
10.4.4 France
10.4.4.1 Increased Air Quality Monitoring Regulations are Driving the Market
10.4.5 Russia
10.4.5.1 Mining Industry Pollution Norms are Driving the Market for Bag Filters
10.4.6 Rest of Europe
10.4.6.1 Quality of Breathing Air Regulation Norms is Driving the Market
10.5 South America
10.5.1 Brazil
10.5.1.1 Need to Reduce Dust From Cement Industry is Driving the Market for Bag Filters
10.5.2 Argentina
10.5.2.1 New Construction Activities are Expected to Drive the Market for Bag Filters
10.5.3 Venezuela
10.5.3.1 Cement and Chemical Industry Demand is Driving the Market
10.5.4 Rest of South America
10.5.4.1 Growing Emphasis on Industry Pollution Reduction is Driving the Market
10.6 Middle East & Africa
10.6.1 South Africa
10.6.1.1 Pollution Control Norms of Mining and Power Sectors are Driving the Market
10.6.2 Saudi Arabia
10.6.2.1 Rising Construction Spending and Mining Industry Pollution Norms are Driving the Market
10.6.3 UAE
10.6.3.1 Air Quality Requirement is Driving the Market for Bag Filters in the UAE
10.6.4 Nigeria
10.6.4.1 Infrastructure Spending is Driving the Market for Bag Filters
10.6.5 Rest of Middle East & Africa
10.6.5.1 Continuous Spending on Infrastructure Developments and Cement Demand are Expected to Drive the Market

11 Competitive Landscape
11.1 Overview
11.2 Ranking of Players and Industry Concentration, 2017
11.3 Competitive Scenario
11.3.1 Mergers & Acquisitions
11.3.2 Contracts & Agreements
11.3.3 New Product Launches
11.3.4 Investments & Expansions
11.3.5 Others

12 Company Profiles
12.1 Company Benchmarking
12.2 Babcock & Wilcox
12.3 Danaher
12.4 Thermax
12.5 Eaton Corporation
12.6 Mitsubishi Hitachi Power Systems
12.7 Donaldson
12.8 General Electric
12.9 Parker Hannifin
12.10 Camfil Farr
12.11 BWF Envirotech
12.12 W.L. Gore & Associates
12.13 Lenntech
12.14 Rosedale Products

For more information about this report visit https://www.researchandmarkets.com/research/sz79zp/global_bag_filter?w=12

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

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