Filter Bags Market 2021-2027 Trends, Research Report, Growth Trends, Opportunities, Forecast to 2027

The Filter Bags Market is projected to grow from US $ 7.7 billion in 2018 to US $ 10.2 billion by 2023 with a compound annual growth rate (CAGR) of 5% during the forecast period.

Increasing numbers of coal-fired power plants, high demand from various end-user industries, and heightened awareness of aerial transmission are key drivers of the bug filter market. Bag filters are used in the commercial industry as a device that can control the emission of particulate matter to comply with government regulations. The Asia-Pacific region records the fastest growth in this market due to urbanization activities. In the Asia-Pacific region, China has a large potential market for bag filters as it has a heavy industrial base coupled with environmental issues related to air pollution and global warming. Bag filters cannot be used for gases that have a high moisture content and require dry compressed air for work. Urbanization and industrialization activities in the Asia-Pacific region provide room for further market growth.

Key Market Players

Danaher (US), Donaldson (US), Thermax (India), Babcock & Wilcox CO (US), Eaton Corporation (Ireland), Mitsubishi Hitachi Power Systems (Japan), General Electric (US), Camfil Farr (Sweden), Camfil Farr (Sweden), BWF Envirotech (Germany), W.L. Gore & Associates (US), Lenntech (The Netherlands), Rosedale Products (US), and Parker Hannifin Corporation (US).  

Filter Bags Market Segmentations

By Type

• Pulse Jet
• Reverse Air
• Shaker

By Media

• Nonwoven
• Woven
• Others

By Fluid

• Air
• Liquid

By Application

• Power Generation
• Cement
• Mining
• Chemical
• Pulp & Paper
• Municipal Waste
• Others

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Key Questions Answered by Filter Bags Market Report

• What was the Filter Bags Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Filter Bags Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Filter Bags Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.