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According to Fact.MR, the global market for industrial bag dust filter will register an average expansion throughout the forecast period, 2017 to 2026. Worldwide sales of industrial bag dust filters are expected to reach revenues worth nearly US$ 2,000 Mn by 2026-end.
Rockville, MD, Jan. 05, 2018 (GLOBE NEWSWIRE) -- The application of fabric filter products such as dust bags is gaining momentum across several industrial verticals. Over the recent past, industrial bag dust filters have emerged as a key industrial commodity. From heavy industries to drugmakers, the demand for industrial bag dust filters has picked up considerable traction. Advancements in bag filtration technologies continue to play a key role in development of industrial bag dust filters. New techniques are creating new avenues for application of industrial bag dust filters. Multi-filtration processes are being actively integrated with industrial bag dust filters to protect the overall processing equipment.
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Manufacturers of industrial bag dust filters are focusing on developing new range of products. However, strict compliance to global standards has become a mandate in the global industrial bag dust filters manufacturing landscape. With surging pressures on the manufacturing sector, the growing end-use of industrial bag dust filters is demanding companies to instate different designs and multi-layered dust filtration systems in their products. According to a recently published report by Fact.MR, over 1,390 Mn units of industrial bag dust filters were sold across the globe in 2017. The study reveals that the demand for industrial bag dust filters will gain traction, and register sales of over 1,920 Mn units by the end of the forecast period, 2017-2026. During this period, the global industrial bag dust filters market is poised to expand at a CAGR of 3.6%.
Some key insights from this study have been mentioned below. Such inferences can shed light on the future prospects of manufacturing and selling industrial bag dust filters.
Global Industrial Bag Dust Filters Market: Key Takeaway
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The report has also profiled leading manufacturers of industrial bag dust filters in the global market. Companies namely, Thermax Global, Camfil Farr Inc., Filter Concept Pvt Ltd., Pall Corporation, Babcock & Wilcox Co., Mitsubishi Hitachi Power Systems Ltd., Donaldson Company Inc., Eaton Corporation., Clarcor Inc., Lenntech B.V., Rosedale Products Inc., W.L. Gore & Associates, Inc., Parker Hannifin Corporation, BWF Envirotech, and Porex Filtration are expected to remain active in the expansion of the global industrial bag dust filters market during the forecast period.
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