Global Bag Filters Strategic Business Report 2023: Increasing Need to Recycle Waste Drives Demand for Bag Filters in the Municipal Sector
Global Market for Bag Filters
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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