Dublin, Feb. 07, 2023 (GLOBE NEWSWIRE) -- The "Bag Filters - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Bag Filters estimated at US$8.9 Billion in the year 2022, is projected to reach a revised size of US$13.1 Billion by 2030, growing at a CAGR of 4.9% over the analysis period 2022-2030.
Pulse Jet, one of the segments analyzed in the report, is projected to record a 5.2% CAGR and reach US$7.1 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Reverse-Air segment is readjusted to a revised 4.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2.4 Billion, While China is Forecast to Grow at 8.3% CAGR
The Bag Filters market in the U.S. is estimated at US$2.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.8 Billion by the year 2030 trailing a CAGR of 8.3% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 4.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.8 Billion by the year 2030.
Select Competitors (Total 17 Featured) -
- Babcock & Wilcox Enterprises, Inc.
- Bwf Envirotech
- Camfil Farr Inc.
- Danaher Corporation
- Donaldson Co., Inc.
- Eaton Corporation PLC
- General Electric Company
- Lenntech BV
- Mitsubishi Hitachi Power Systems Ltd.
- Parker Hannifin Corporation
- Rosedale Products Inc.
- Thermax Global
- W. L. Gore & Associates, Inc.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
| Report Attribute | Details |
| No. of Pages | 232 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $8.9 Billion |
| Forecasted Market Value (USD) by 2030 | $13.1 Billion |
| Compound Annual Growth Rate | 5.0% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Highly Polluting Industries Such as Cement, Power Generation, Chemical and Other Process Industries Drive Demand for Bag Filters
- Market Drivers in a Nutshell
- Competition
- Global Bag Filter Market: Percentage Breakdown of Volume Sales by Leading Players for the Year 2019
- Bag Filters - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Alarming Rise in Industrial Air Pollution Sets Strong Foundation for the Growth of Bag Filters
- Number of Deaths Worldwide Due to Outdoor and Indoor Air Pollution: Breakdown in Million by type of Diseases
- Top-Ranking Cities with Highest Air Pollution in Micrograms per Cubic Meter
- Number of Deaths Worldwide Due to Outdoor Air Pollution: Breakdown in Million by Region
- Strict Environment and Safety Regulations to Minimize Air Pollution Benefits Market Growth
- Number of Health Effects Avoided Per Annum in the US Due to the MATS Implementation
- Need to Reduce Particulate Matter Emissions from Fossil Fuel Drives Demand for Bag Filters in Power Generation Industry
- Global Electricity Generation: Breakdown of CO2 Emissions in TWh for the Years 2016, 2025, 2030 and 2035
- Permissible Limits of PM Emissions Set by Different Countries from Coal-Fired Power Plants
- Rapid Increase in Cement Production Drives Demand for Bag Filters
- Global Cement Production in Million Metric Tons for the Years 2000, 2010, 2020 and 2030
- Global CO2 Emissions in Billion Tons/Year in the Cement Industry for the Years 2010, 2015, 2020 and 2025
- Bag Filters Market to Benefit from the Mining Industry's Need to Comply with Emission Control Norms
- Increasing Need to Recycle Waste Drives Demand for Bag Filters in the Municipal Sector
- Top Ranking Regions Generating Largest Amount of Municipal Waste in Million Tons Per Annum
- Emergence of Alternative and Renewable Sources of Energy: A Major Growth Restraint
- Product Overview
- Bag Filter: An Introduction
- Bag Filter by Type
- Pulse Jet
- Reverse-Air
- Mechanical Shaker
- Advantages and Disadvantages of Various Types of Bag Filters
- Bag Filter by Filter Media
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/cb9geb-filters?w=12
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