Filter Bags Market is Likely to Touch New Heights by End of Forecast Period 2022-2030
Filter bags market size is anticipated to exceed USD 5.5 billion by 2030, according to the latest research report by GMI Inc. The expansion of chemical processing facilities will assert a positive influence on industrial filter bag suppliers.
Filter bags market size is anticipated to exceed USD 5.5 billion by 2030, according to the latest research report by GMI Inc. The expansion of chemical processing facilities will assert a positive influence on industrial filter bag suppliers. A notable example is BASF’s USD 780 million investment to double the chemical manufacturing capacity at its Louisiana-based facility in 2022. This investment was aimed at addressing chemical demand from automotive, construction, appliance, and other sectors in North America. Initiatives such as these will boost the consumption of industrial filter bags to minimize process downtime, prevent pressure drops and clogs, and limit worker exposure to foreign materials.
Increasing demand for reverse air filter bags to prevent pollution in cement plants
By 2030, it is expected that the reverse air type filter bags market share will increase by more than 5.5%. One of the main factors promoting the use of reverse air filter bags is their ability to purify gases at high flow rates and temperatures. They are useful in the metal, cement, and other industries thanks to advantageous characteristics like high dust-holding capacity. Adoption of the product will be further boosted by the ever-increasing waste and toxicant production from cement processing plants.
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Woven filter bags to gain acceptance for air and home cleaning applications
Filter bags market value from the woven media segment was around USD 1.2 billion in 2021, given its widespread usage in dust collection bag houses. The exceptional dust-holding ability of woven filter bags also makes them suitable for atmospheric air and home cleaning applications. Pollution has become an environmental health threat worldwide. As a result, the use of air filters and purifiers has surged, contributing to these filter bags production.
Requirement for polypropylene filter bag in silicon-free food manufacturing
In 2021, the market for polypropylene filter bags surpassed USD 700 million. One of the main growth drivers was the adoption of silicon-free manufacturing techniques in the food industry. Due to their high dirt-holding capacity and FDA compliance, polypropylene filters are now more frequently used in the boilers and dryers of food processors. The demand for materials will also increase as a result of the growing population and improvements in food processing.
Rising usage of cement filter bags in metro and railway projects
The cement application type will register nearly 6.5% growth between 2022 and 2030. Teflon and shaker filter bags are widely used for clinker coolers, material handling, alkali bypass, cement kilns, and other applications across the cement industry. The materials offer key benefits such as flat abrasion resistance. Over the years, the development and investment in metro and railway projects have been growing, especially in China and India. These trends will garner the need for cement processing and in consequence, support the growth of filter bag manufacturers.
North America to emerge as a prominent production hub for filter bag merchants
The North America filter bags market is set to exhibit growth rate of more than 6% from 2022 to 2030. With rapid urbanization, infrastructure projects associated with marine facilities, open space improvement, dredging, and land drainage have risen. In Canada and the U.S., governments have also launched funds to support infrastructural development activities. These factors will stimulate cement demand and subsequently amplify the requirement for filter bags in dedusting applications throughout the region.
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Strategic merger and acquisition initiatives to define the industry landscape
AGET Manufacturing Company, Camfil Group, Filter Services Limited, iFIL AG, Parker Hannifin, Donaldson Co., Inc., Kavon Filter Products Co., Freudenberg Filtration Technologies SE & Co. KG, and Koch Filter Corporation are some of the key filter bags market players profiled in the report. These companies are focusing on merger and acquisition strategies to establish a strong presence in the global business scenario.
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