Global Statistics Representing Filter Bag Market Scenario
A filter bag is a type of air pollution control industrial device used for removing particulates or gas released from commercial procedure. Expanding power plants, steel mills, food manufacturing industries, and various other industries are accelerating the filter bag market demand, as they often use filter bags for controlling emission to comply with government regulations. High-temperature processes such as gasification in the oil & gas industry, aluminum calcination, melting process, and separation of precious metals in the metal & mining sector release harmful emissions and effluents entailing use of filters.
According to the Climate & Clean Air Coalition, 92% of the population in Asia-Pacific (around 4 billion people) is exposed to acute levels of air pollution. According to Clio Infra, in 2010, annual sulfur dioxide emission reached a staggering 97 million tonnes.
The filter bag market is segmented by material, product type, and media.
On the basis of material, the market is segmented into nylon, polypropylene, polyester, and porous PTFE film. The polyester segment is anticipated to witness a steep rise in the market, owing to its strong acid resistance ability among existing synthetic fabrics. It is well known as a filter bag which endures temperature extremes from -94 to 302°F; along with additional properties such as high tensile strength & elongation.
Based on product type, the market is segmented into pulse jet (reversed jet), reverse air, and shaker. The pulse jet segment is expected to observe an exponential growth due to its cleansing action, and high air-to-cloth ratio (6 to 10 ft/min). Pulse jet filter bags incorporate a specialized low-pressure cleaning system that provides distinct advantages over conventional bag filters along with high-pressure cleaning systems.
By media, the filter bag market is segmented into woven, pleated, and non-woven. The non-woven segment is expected to witness exponential growth in the filter bag market due to the operational continuity and efficiency these filter bags bring in high temperature & high flow rate applications. Additionally, they also offer cost benefits by reducing maintenance and replacement rate for industries.
Geographically, the global filter bag market is studied across North America, Europe, Asia-Pacific, Latin America and the Middle East & Africa.
Asia-Pacific is expected to witness escalating growth in the global filter bag market owing to economic growth alongside the varying development and expanding presence of different industries such as manufacturing, mining, natural gas, textile, and automobile. However, increased focus on reducing emmsion and provide safer and high quality environment is expected to boost the product market. Moreover, advanced economies in Asia-Pacific, including China, Australia, South Korea, Japan, and India, mostly deal with the manufacturing sector.
North America is projected to observe considerable growth in the filter bag market, owing to the burgeoning automotive production sector. For instance, in 2018, Toyota manufactured 1,928,979 vehicles at its North America vehicle assembly plant, and the number of Toyota products produced in the region crossed the 38 million mark. As of now, 20 coal power stations are active in the region, which is positively impacting the filter bag market.
The Latin America and the Middle East & Africa region is expected to witness exponential growth with a CAGR of 5.5% during the forecast period, 2019–2026. This is attributed to the implementation of stringent regulatory reforms that drive the adoption of filter bags compliant to carbon control and environmental protection plans. Additionally, the expanding oil & gas sector is expected to remain a key demand driver for the Middle East & Africa filter bag market.
Europe is expected to witness substantial growth in the global filter bag market during the forecast period, 2019–2026. This can be attributed to the presence of automotive manufacturing plants and other product manufacturers in the region. The European Union represents 28% of the world equipment share in 2018. Approximately 177,000 tractors were sold across Europe in 2018. As per the European Agricultural Machinery Association (CEMA), of these registrations, 39,784 tractors were under 50 HP, and the remaining were above 50 Hp.
Some of the prominent players in the global filter bag market are Donaldson Company, Inc. (U.S.), Pall Corporation (U.S.), Thermax Ltd. (India), Mitsubishi Hitachi Power System, Ltd. (Japan), BWF Envirotec (Germany), Eaton Corporation Inc. (Ireland), Babcock & Wilcox Enterprises, Inc. (U.S.), Rosedale Products Inc. (U.S.), Shanghai Filterbag Factory Co., Ltd. (China), and GE Appliances (U.S.)
Filter Bag Market Segmentation