NEW YORK, Oct. 18, 2022 /PRNewswire/ -- According to the research report Bag Filter Market the market will witness a YOY growth of 3.58% in 2022 at a CAGR of 4.5% during the forecast period. The report is segmented by end-user (chemical and petrochemical, food processing, mineral, cement, and others), product type (pulse jet, reverse air, and shaker), and geography (North America, Europe, APAC, South America, and the Middle East and Africa).
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Bag Filter Market - Vendor Insights
The global bag filter market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
- Ahlstrom Munksjo Oyj
- Babcock and Wilcox Enterprises Inc.
- BWF Offermann Waldenfels and Co. KG
- Camfil AB
- Danaher Corp.
- Donaldson Co. Inc.
- Eaton Corp. Plc
- European Filter Corp Belgium NV
- Filter Concept Pvt. Ltd.
- Filtration Group Corp.
- Fleetlife Inc.
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Bag Filter Market - Geographical Market Analysis
North America will account for 44% of market growth. The bag filter market in North America is mostly based in the US. Compared to the Middle East and Africa, this region's market will expand more slowly. Over the course of the forecast period, a robust economy will support the expansion of the bag filter market in North America.
Furthermore, countries such as the US, China, India, the UK, and Germany are expected to emerge as prominent markets for Bag Filter Market during the forecast period.
Bag Filter Market - Key Segment Analysis
- End-user (chemical and petrochemical, food processing, mineral, cement, and others),
- Product type (pulse jet, reverse air, and shaker), and
- Geography (North America, Europe, APAC, South America, and the Middle East and Africa).
The chemical and petrochemical segment's bag filter market share will expand significantly. Filter bags frequently have to survive constant exposure to dangerous compounds, as well as extreme temperatures and humidity levels, in the chemical and petrochemical industries. High dust loads, frequent cleaning cycles, and high pressure all put a mechanical strain on fine chemical filters as they continuously capture as many chemical compounds as they can. During the projected period, these factors are anticipated to have a beneficial effect on the market's chemical and petrochemical segment growth.
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Bag Filter Market - Key Drivers & Challenges:
One of the main elements fueling the expansion of the bag filter market is the increase in the number of strict emission control rules. Insidious pollutants are defined as industrial emissions that contain natural gases, such as CO2 and particulate matter. They harm the environment and buildings by corroding them and causing serious respiratory ailments. As a result, governments all over the world have implemented strict restrictions to cut pollution and safeguard the environment and the general public's health.
However, the slow adoption of pollution control regulations is impeding the growth of the bag filter market. The US is one of the top nations in the worldwide bag filter market due to elements such as a robust economy, the application of the Clean Air Act, breakthroughs in clean air technology, and the presence of numerous industrial clean air technology businesses.
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Bag Filter Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.5% |
Market growth 2022-2026 |
$1.24 billion |
Market structure |
Fragmented |
YoY growth (%) |
3.58 |
Regional analysis |
North America, Europe, APAC, South America, and the Middle East and Africa |
Performing market contribution |
North America at 44% |
Key consumer countries |
US, China, India, UK, and Germany |
Competitive landscape |
Leading companies, Competitive Strategies, Consumer engagement scope |
Key companies profiled |
Ahlstrom Munksjo Oyj, Babcock and Wilcox Enterprises Inc., BWF Offermann Waldenfels and Co. KG, Camfil AB, Danaher Corp., Donaldson Co. Inc., Eaton Corp. Plc, European Filter Corp Belgium NV, Filter Concept Pvt. Ltd., Filtration Group Corp., Fleetlife Inc., FLSmidth AS, General Electric Co, Mitsubishi Heavy Industries Ltd., Parker Hannifin Corp., Rosedale Products Inc., Unifrax I LLC, W. L. Gore and Associates Inc., and Lenntech BV |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Product Type
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 18: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 24: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by End-user
- 5.1 Market segments
- Exhibit 25: Chart on End-user - Market share 2021-2026 (%)
- Exhibit 26: Data Table on End-user - Market share 2021-2026 (%)
- 5.2 Comparison by End-user
- Exhibit 27: Chart on Comparison by End-user
- Exhibit 28: Data Table on Comparison by End-user
- 5.3 Chemical and petrochemical - Market size and forecast 2021-2026
- Exhibit 29: Chart on Chemical and petrochemical - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Data Table on Chemical and petrochemical - Market size and forecast 2021-2026 ($ million)
- Exhibit 31: Chart on Chemical and petrochemical - Year-over-year growth 2021-2026 (%)
- Exhibit 32: Data Table on Chemical and petrochemical - Year-over-year growth 2021-2026 (%)
- 5.4 Food processing - Market size and forecast 2021-2026
- Exhibit 33: Chart on Food processing - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Data Table on Food processing - Market size and forecast 2021-2026 ($ million)
- Exhibit 35: Chart on Food processing - Year-over-year growth 2021-2026 (%)
- Exhibit 36: Data Table on Food processing - Year-over-year growth 2021-2026 (%)
- 5.5 Mineral - Market size and forecast 2021-2026
- Exhibit 37: Chart on Mineral - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Data Table on Mineral - Market size and forecast 2021-2026 ($ million)
- Exhibit 39: Chart on Mineral - Year-over-year growth 2021-2026 (%)
- Exhibit 40: Data Table on Mineral - Year-over-year growth 2021-2026 (%)
- 5.6 Cement - Market size and forecast 2021-2026
- Exhibit 41: Chart on Cement - Market size and forecast 2021-2026 ($ million)
- Exhibit 42: Data Table on Cement - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Chart on Cement - Year-over-year growth 2021-2026 (%)
- Exhibit 44: Data Table on Cement - Year-over-year growth 2021-2026 (%)
- 5.7 Others - Market size and forecast 2021-2026
- Exhibit 45: Chart on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 46: Data Table on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Chart on Others - Year-over-year growth 2021-2026 (%)
- Exhibit 48: Data Table on Others - Year-over-year growth 2021-2026 (%)
- 5.8 Market opportunity by End-user
- Exhibit 49: Market opportunity by End-user ($ million)
6 Market Segmentation by Product Type
- 6.1 Market segments
- Exhibit 50: Chart on Product Type - Market share 2021-2026 (%)
- Exhibit 51: Data Table on Product Type - Market share 2021-2026 (%)
- 6.2 Comparison by Product Type
- Exhibit 52: Chart on Comparison by Product Type
- Exhibit 53: Data Table on Comparison by Product Type
- 6.3 Pulse jet - Market size and forecast 2021-2026
- Exhibit 54: Chart on Pulse jet - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Pulse jet - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Pulse jet - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Pulse jet - Year-over-year growth 2021-2026 (%)
- 6.4 Reverse air - Market size and forecast 2021-2026
- Exhibit 58: Chart on Reverse air - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Reverse air - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Reverse air - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Reverse air - Year-over-year growth 2021-2026 (%)
- 6.5 Shaker - Market size and forecast 2021-2026
- Exhibit 62: Chart on Shaker - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on Shaker - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on Shaker - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on Shaker - Year-over-year growth 2021-2026 (%)
- 6.6 Market opportunity by Product Type
- Exhibit 66: Market opportunity by Product Type ($ million)
7 Customer Landscape
- 7.1 Customer landscape overview
- Exhibit 67: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
- 8.1 Geographic segmentation
- Exhibit 68: Chart on Market share by geography 2021-2026 (%)
- Exhibit 69: Data Table on Market share by geography 2021-2026 (%)
- 8.2 Geographic comparison
- Exhibit 70: Chart on Geographic comparison
- Exhibit 71: Data Table on Geographic comparison
- 8.3 North America - Market size and forecast 2021-2026
- Exhibit 72: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 73: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 74: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 75: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 8.4 Europe - Market size and forecast 2021-2026
- Exhibit 76: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 77: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 78: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 79: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 8.5 APAC - Market size and forecast 2021-2026
- Exhibit 80: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 81: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 82: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 83: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 8.6 South America - Market size and forecast 2021-2026
- Exhibit 84: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 85: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 86: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 87: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 8.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 88: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 89: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 90: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 91: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 8.8 US - Market size and forecast 2021-2026
- Exhibit 92: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 93: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 94: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 95: Data Table on US - Year-over-year growth 2021-2026 (%)
- 8.9 China - Market size and forecast 2021-2026
- Exhibit 96: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 97: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 98: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 99: Data Table on China - Year-over-year growth 2021-2026 (%)
- 8.10 India - Market size and forecast 2021-2026
- Exhibit 100: Chart on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 101: Data Table on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 102: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 103: Data Table on India - Year-over-year growth 2021-2026 (%)
- 8.11 UK - Market size and forecast 2021-2026
- Exhibit 104: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 105: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 106: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 107: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 8.12 Germany - Market size and forecast 2021-2026
- Exhibit 108: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 109: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 110: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 111: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 8.13 Market opportunity by geography
- Exhibit 112: Market opportunity by geography ($ million)
9 Drivers, Challenges, and Trends
- 9.1 Market drivers
- 9.2 Market challenges
- 9.3 Impact of drivers and challenges
- Exhibit 113: Impact of drivers and challenges in 2021 and 2026
- 9.4 Market trends
10 Vendor Landscape
- 10.1 Overview
- 10.2 Vendor landscape
- Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
- 10.3 Landscape disruption
- Exhibit 115: Overview on factors of disruption
- 10.4 Industry risks
- Exhibit 116: Impact of key risks on business
11 Vendor Analysis
- 11.1 Vendors covered
- Exhibit 117: Vendors covered
- 11.2 Market positioning of vendors
- Exhibit 118: Matrix on vendor position and classification
- 11.3 Babcock and Wilcox Enterprises Inc.
- Exhibit 119: Babcock and Wilcox Enterprises Inc. - Overview
- Exhibit 120: Babcock and Wilcox Enterprises Inc. - Business segments
- Exhibit 121: Babcock and Wilcox Enterprises Inc. - Key news
- Exhibit 122: Babcock and Wilcox Enterprises Inc. - Key offerings
- Exhibit 123: Babcock and Wilcox Enterprises Inc. - Segment focus
- 11.4 BWF Offermann Waldenfels and Co. KG
- Exhibit 124: BWF Offermann Waldenfels and Co. KG - Overview
- Exhibit 125: BWF Offermann Waldenfels and Co. KG - Product / Service
- Exhibit 126: BWF Offermann Waldenfels and Co. KG - Key news
- Exhibit 127: BWF Offermann Waldenfels and Co. KG - Key offerings
- 11.5 Camfil AB
- Exhibit 128: Camfil AB - Overview
- Exhibit 129: Camfil AB - Product / Service
- Exhibit 130: Camfil AB - Key offerings
- 11.6 Danaher Corp.
- Exhibit 131: Danaher Corp. - Overview
- Exhibit 132: Danaher Corp. - Business segments
- Exhibit 133: Danaher Corp. - Key news
- Exhibit 134: Danaher Corp. - Key offerings
- Exhibit 135: Danaher Corp. - Segment focus
- 11.7 Eaton Corp. Plc
- Exhibit 136: Eaton Corp. Plc - Overview
- Exhibit 137: Eaton Corp. Plc - Business segments
- Exhibit 138: Eaton Corp. Plc - Key news
- Exhibit 139: Eaton Corp. Plc - Key offerings
- Exhibit 140: Eaton Corp. Plc - Segment focus
- 11.8 FLSmidth AS
- Exhibit 141: FLSmidth AS - Overview
- Exhibit 142: FLSmidth AS - Business segments
- Exhibit 143: FLSmidth AS - Key news
- Exhibit 144: FLSmidth AS - Key offerings
- Exhibit 145: FLSmidth AS - Segment focus
- 11.9 Lenntech BV
- Exhibit 146: Lenntech BV - Overview
- Exhibit 147: Lenntech BV - Product / Service
- Exhibit 148: Lenntech BV - Key offerings
- 11.10 Mitsubishi Heavy Industries Ltd.
- Exhibit 149: Mitsubishi Heavy Industries Ltd. - Overview
- Exhibit 150: Mitsubishi Heavy Industries Ltd. - Business segments
- Exhibit 151: Mitsubishi Heavy Industries Ltd. - Key news
- Exhibit 152: Mitsubishi Heavy Industries Ltd. - Key offerings
- Exhibit 153: Mitsubishi Heavy Industries Ltd. - Segment focus
- 11.11 Parker Hannifin Corp.
- Exhibit 154: Parker Hannifin Corp. - Overview
- Exhibit 155: Parker Hannifin Corp. - Business segments
- Exhibit 156: Parker Hannifin Corp. - Key news
- Exhibit 157: Parker Hannifin Corp. - Key offerings
- Exhibit 158: Parker Hannifin Corp. - Segment focus
- 11.12 W. L. Gore and Associates Inc.
- Exhibit 159: W. L. Gore and Associates Inc. - Overview
- Exhibit 160: W. L. Gore and Associates Inc. - Product / Service
- Exhibit 161: W. L. Gore and Associates Inc. - Key news
- Exhibit 162: W. L. Gore and Associates Inc. - Key offerings
12 Appendix
- 12.1 Scope of the report
- 12.2 Inclusions and exclusions checklist
- Exhibit 163: Inclusions checklist
- Exhibit 164: Exclusions checklist
- 12.3 Currency conversion rates for US$
- Exhibit 165: Currency conversion rates for US$
- 12.4 Research methodology
- Exhibit 166: Research methodology
- Exhibit 167: Validation techniques employed for market sizing
- Exhibit 168: Information sources
- 12.5 List of abbreviations
- Exhibit 169: List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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