The bag filter market size is projected to reach US$ 7,841.82 million by 2031 from US$ 5,313.77 million in 2023. The market is expected to register a CAGR of 5.0% during 2023–2031. The application of mercury and air toxics standards is likely to remain a key trend in the market.
Bag filter housings used in the mining and chemical industries often have an ASME stamp and must be made of stainless steel. The filtration process typically needs to adhere to strict requirements and frequently be able to filter out particles smaller than one micron. Functional bag filters typically have a particulate collection efficiency of 99% or more, irrespective of the extremely small particle sizes, in contrast to electrostatic precipitators, whose performance can vary greatly with the process and electrical conditions. Some bag filters come equipped with ultrasonic horns that produce additional vibrations to improve dust removal. The horns are activated shortly before or at the beginning of the cleaning cycle to help break the bindings between particles on the filter media surface. Several new restrictions have been implemented in developed countries in North America and Western Europe to curb harmful industrial emissions. Frequent changes in laws call for frequent modernization or upgrading of bag filter systems in industrial plants.
There are several configurations of bag filters available in the market which are uniquely designed to meet operational needs. Ranging from standard bag filters to custom-designed products, manufacturers are providing different types of products to their customers. Because of its low cost and high level of dependability, industrial bag filters are frequently utilized in the food and beverage industry. Reverse osmosis or bag filters with activated carbon are widely used to purify water from impurities.
With the agenda of reducing the impact of industrial emissions and cutting down the emission level from the industrial sector, government of various countries are establishing laws and regulations to mitigate the air pollutiomn. The growing development and expansion of industrial sector along with risinmg urbanization is projected to increase the level of air pollution, which is directly impacting the health and rising the number of airborne diseases. Thus, the growing government focus on lowering the levels of air pollution is steering the government focus on implementing strict policies on the industrial sector which is driving the demand for bag filters globally.
To meet workplace air quality safety necessities, pulse jet bag filters are one of the utmost popular type air pollution control equipment. The pulse jet dust collectors are primarily designed to effectively capture and reduce potentially toxic particulate matter and emissions. The efficiency of pulse jet filters are boosting its application globally.
Key segments that contributed to the derivation of the bag filter market analysis are filter type and end-use industry.
The geographic scope of the Bag Filter market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.
North America is leading the market. The US is leading the market for bag filter in North America. Growing development in the industrial sector and rising government focus on mitigating the level of air pollution from the industrial sector is driving the growth of the bag filter market in North America. Nations such as the UK, France, Germany, and Belgium are the few countries with a larger number of chemical and F&B industries, which is driving the growth across Europe. The rising number of water and wastewater treatment facilities in Asia Pacific is having a positive impact on the bag filter market across Asia Pacific.
The regional trends and factors influencing the Bag Filter Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Bag Filter Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 5,313.77 Million |
Market Size by 2031 | US$ 7,841.82 Million |
Global CAGR (2023 - 2031) | 5.0% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Filter Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The Bag Filter Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Bag Filter Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The bag filter market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the bag filter market are listed below:
The “Bag Filter Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
North America dominated the bag filter market in 2023.
The execution of mercury and air toxics standards is the future trend of the bag filter market.
Babcock & Wilcox Enterprises Inc., BWF Offermann, Waldenfels & Co. KG, Camfil, Danaher Corporation, Donaldson Company, Inc., Eaton Corporation plc, General Electric Company, Mitsubishi Heavy Industries, Ltd., Parker Hannifin Corporation, Thermax Ltd is some of the leading players in the market.
US$ 7,841.82 million estimated value of the bag filter market by 2031.
5.0% is the expected CAGR of the bag filter market.