Bag Filter Market Scope
Bag filters are also called fabric dust collectors that are used in large industrial units for separating dust particles from dusty gases or liquids. These types of bag filters can achieve an efficiency level of almost 99 percent for a collection of very fine particulates. The bag filter for boilers is currently the most preferred method of reducing particulate emissions. They have high utilization in power generation in various countries such as Australia, America, Queensland, and India. Bag filters have a significantly higher dust-holding capacity and longer lifetimes than other filters.
According to AMA, the Global Bag Filter market is expected to see growth rate of 5.1%Companies are forming strategic alliances, such as mergers and acquisitions, joint ventures, partnerships, and capacity expansion to deploy innovative technologies and increase production capacity Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Bag Filter market throughout the predicted period.
Donaldson (United States), FLSmidth (Denmark), Hamon (United States), Babcock & Wilcox (United States), Longking (China), Thermax (India), Balcke-Durr GmbH (Germany), Danaher (United States), Eaton Corporation (Ireland) and Mitsubishi Hitachi Power Systems (Japan) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are General Electric (United States), Camfil Farr (Sweden), Camfil Farr(Sweden), BWF Envirotech (Germany), W.L. Gore & Associates (United States), Lenntech (The Netherlands), Rosedale Products (United States) and Parker Hannifin Corporation (United States).
Segmentation Overview
The study have segmented the market of Global Bag Filter market by Type (Liquid Filtration and Gaseous (Air) Filtration), by Application (Power Generation, Chemical, Mining, Cement, Pulp & Paper, Municipal Waste and Others) and Region with country level break-up.
On the basis of geography, the market of Bag Filter has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Telfair bag filters, which is a blend of 25% needle felt and 75% Teflon fibers
Market Growth Drivers:
Rapid industrialization and increase in manufacturing base in emerging economies and growing urbanizations are the key factors driving the demand for the market. and Stringent Government Rules & Regulations for environment safety and pollution
Challenges:
The emergence of Alternative and Renewable Sources of Energy and Availability of Low-Cost and Inferior-Quality Bag Filter Products
Restraints:
High Cost of Operation and High Installation and Maintenance Cost and Unfavorable Economic Condition
Opportunities:
A rise in the number of coal-fired plants in the developing regions of Asia Pacific, such as India and China are opening up lucrative opportunities for the bag filter market to flourish in the upcoming years.
Market Leaders and their Expansionary Development Strategies
On May 2, 2018, Air filtration specialist Camfil has announced the acquisition of MC Air Filtration Ltd, a designer, and manufacturer of High-Efficiency Particulate Air (HEPA) Filters.
On December 17, 2018, The Donaldson campus in Wuxi, China, expands its manufacturing facility by bringing additional capacity and driving growth in the Asia Pacific. The manufacturing facility will encompass more than 60,000 m2 / 646,000 ft2, increasing air filter manufacturing capacity and bringing the company’s first Chinese-based liquid filtration manufacturing capability to the region.
Key Target Audience
Bag Filter Manufacturers, Raw Material Suppliers, Energy & Power Suppliers, Chemical & Pharmaceutical Companies, Mining & Construction Companies and Industrial Bodies and Associations
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.