Global Bag Filters Market Trajectory & Analytics Report 2020-2027: Alarming Rise in Industrial Air Pollution Sets Strong Foundation for the Growth of Bag Filters - ResearchAndMarkets.com

The "Bag Filters - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Bag Filters Market to Reach $10.4 Billion by 2027

Amid the COVID-19 crisis, the global market for Bag Filters estimated at US$7.9 Billion in the year 2020, is projected to reach a revised size of US$10.4 Billion by 2027, growing at a CAGR of 3.9% over the analysis period 2020-2027.

Pulse Jet, one of the segments analyzed in the report, is projected to record a 4.2% CAGR and reach US$5.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Reverse-Air segment is readjusted to a revised 3.7% CAGR for the next 7-year period.

The U. S. Market is Estimated at $2.1 Billion, While China is Forecast to Grow at 7.1% CAGR

The Bag Filters market in the U. S. is estimated at US$2.1 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$2.2 Billion by the year 2027 trailing a CAGR of 7.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.2% and 3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2% CAGR.

Shaker Segment to Record 3.6% CAGR

In the global Shaker segment, USA, Canada, Japan, China and Europe will drive the 3.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.5 Billion in the year 2020 will reach a projected size of US$1.8 Billion by the close of the analysis period.

China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.5 Billion by the year 2027, while Latin America will expand at a 4.5% CAGR through the analysis period.

The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • 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
  • Global Competitor Market Shares
  • Bag Filter Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

  • 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.

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

GEOGRAPHIC MARKET ANALYSIS

IV. COMPETITION

  • Total Companies Profiled: 46

For more information about this report visit https://www.researchandmarkets.com/r/i10eh0