Air pollution is often associated with commercial industries and these industries need a device to keep a check on air pollution so that they are not violating any regulations. Bag filters are these devices that are primarily suspended in air which helps commercial industries to keep a check on air pollution by capturing air pollutants and filtering the solid-gas mixture. Bag filters often are multi-layered and the pollutants are absorbed on the internal layer and filtered.
The global bag filter market is projected to reach USD 16.58 Billion by 2028 at a CAGR of around 7.49% during the forecasted period. Increasing attention towards safe working environment and stringent safety regulations by governments has created demand for bag filters especially in cement and mining industries where air pollution is a major concern. The bag filters have higher efficiency in removing large particles of dust and also improves equipment resistance and service life. Other conventional regulators of pollution are electrostatic precipitators, but bag filters are preferred over them because of their higher efficiency and lower costs as compared to them. As the number of coal-fired plants all over the world are increasing due to coal being an effective source of energy.
Other key industries such as cement and mining are very important for the growth of the bag filter market. However, high installation and maintenance costs for setting up bag filters can cause industries to go for cheaper and lesser effective alternatives. Most of these industries are dependent upon economic conditions and hence unfavorable conditions would affect the bag filter market growth. The global bag filter market is segmented on the basis of type, fluid type, application, and region.
On the basis of type, the global bag filter market is divided into shaker, reverse air, and pulse jet. Among these products, Pulse Jet mode of filtering is expected to have the largest market share in the global Bag Filter market. Using pulse jets, cleaning the pollutants becomes easy and the cleaning process does not affect the production time. Pulse jets are mainly used in cement and mining industries as regulators to meet the stringent emission standards.
Liquid and air are the major fluid types analyzed in the global bag filter market. The liquid fluid type segment is expected to have a significant growth rate in the forecast period in terms of value. The demand for liquid type filters is increasing constantly in industries such as cement, chemical, coal, and mining.
Based on the application, the global bag filter market report is categorized into chemical, municipal, power generation, cement, and mining. Among these, the cement segment has a considerable growth rate over other application segments as they are among the highest pollution inducing industries in the world. There is always high demand for the cement industry as it is very important to meet the infrastructure projects undertaken by both the government and the private sector. The power generation and mining industry also provides high demand for bags filter as these industries would be essential for any growing economy and their demand would prove beneficial to bag filters.
The bag filter market has analyzed across the five regions including, North America, Europe, Asia Pacific, Latin America, and Middle East & Africa with its major countries. Among these regions, the Asia Pacific region has the highest growth projected during the forecast period. This is mainly due to factors such as population explosion in major countries of APAC and rising income levels of the middle-class population which further lead to many infrastructure and power-based projects being undertaken by both the government and the private sector. China and India are the first and second highest cement producing countries in the world, which is further expected to contribute to the growth of the bag filters market in the region.
The report covered the detailed competitive analysis including company profiles of the major industry players operating in the global bag filter market. Key players profiled in the report are General Electric, Donaldson, W.L. Gore & Associates, Lenntech, Babcock & Wilcox, Parker Hannifin, Camfil Farr, BWF Envirotech, Mitsubishi Hitachi Power Systems, Danaher, Thermax, Eaton Corporation, and others.
|Report Attribute||Report Scope|
|Historic Data||2018 - 2020|
|Forecast Period||2021 - 2028|
|Units||Market Revenue in USD Million and CAGR in % from 2021 - 2028|
|Report Coverage||Revenue Forecast, Competitive Landscape, Company Market Share, Market Growth Factors, and Future Trends|
|Segments Covered||Type (Shaker, Reverse Air, and Pulse Jet), Fluid Type (Liquid and Air), and Application (Chemical, Municipal, Power Generation, Cement, and Mining)|
|Region||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa|
|Countries||U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, China, Japan, India, Australia, South Korea, Brazil, Argentina, UAE, Saudi Arabia, South Africa|
|Major Companies Profiled||General Electric, Donaldson, W.L. Gore & Associates, Lenntech, Babcock & Wilcox, Parker Hannifin, Camfil Farr, BWF Envirotech, Mitsubishi Hitachi Power Systems, Danaher, Thermax, Eaton Corporation, and others|
The report segments the global bag filter market as follows:
Bag Filter Market, Type Segment Analysis
- Reverse Air
- Pulse Jet
Bag Filter Market, Fluid Type Segment Analysis
Bag Filter Market, Application Segment Analysis
- Power Generation
Bag Filter Market, Region Segment Analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa