Filter Bags Market Share, Size, Trends, Industry Analysis Report, By Type (Pulse Jet, Reverse Air, and Shaker); By Fluid; By Application; By Region; Segment Forecast, 2023-2032
- Published Date:May-2023
- Pages: 116
- Format: PDF
- Report ID: PM3274
- Base Year: 2022
- Historical Data: 2019-2021
Report Outlook
The global filter bags market was valued at USD 3,299.64 million in 2022 and is expected to grow at a CAGR of 5.5% during the forecast period. Filter bags are significantly gaining traction as an economical industrial solution for various high-floe filtration and batch filtration applications; a surge in the number of cement production facilities worldwide and burgeoning consumption in bag filter systems across several end-user sectors, mainly in developing countries are key factors expected to fuel the demand and growth of the market. In addition, the surge in the penetration towards the acidic environment and high temperature in the coal-fired power plants helps reduce the operating cost of power plants. Along with this, developing innovative products with new features will likely create huge growth opportunities for the market.
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For instance, in December 2021, INTERSCIENCE announced the evolution of its new BagFilter P 400, with closing zone making that allows the user to instinctively and precisely position the closing bar. The recent closing zone provides several offers, including time-saving, security, and efficiency.
Furthermore, with the rapid emergence of filer bags, various industrial organizations have addressed issues regarding air pollution, as they keep air quality within the compliance levels set by several regulatory bodies. Additionally, these filter products are preferred over electrostatic precipitators due to their high efficiency and cost-effectiveness, pushing the market growth forward.
The outbreak of the COVID-19 pandemic has significantly impacted the growth of the filter bags market. The spread of the novel coronavirus across the globe has affected almost every aspect of businesses, including the manufacturing units, supply chains, R&D activities, and production decisions. The interruptions in the raw materials supplies, shuttering of manufacturing facilities, decreased consumer demand, and limited finding has resulted in a decline in the market and adoption of filter bags.
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Industry Dynamics
Growth Drivers
With the rapid increase in industrial activities, various health-related concerns, and deteriorating environmental conditions, there has been a significant rise in the amount of air and liquid wastes; to cater to these issues, governments worldwide have set several ecological regulations and various standards to control the contaminant emissions or atmospheric pollutants, which acts as a major driver for the global filter bags market growth. Furthermore, the significant rise in the number of coal-fired plants, highly surging demand from a wide range of end-user industries, and growing awareness regarding the availability of several innovative and advanced products along with the rapid urbanization and industrialization among major developing countries, including India, China, South Korea, and Malaysia, are further anticipated to boost the demand and growth of the market over the coming years.
Report Segmentation
The market is primarily segmented based on type, fluid, application, and region.
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By Type |
By Fluid |
By Application |
By Region |
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Pulse jet segment accounted for the largest market share in 2022
The pulse jet segment accounted for the largest market share and will likely retain its position over the projected period. The rapid increase in the demand for improved and enhanced operating efficiencies across various industrial applications, including cement production, electricity generation, municipal garbage, and chemicals, along with the continuously growing financial support from the government bodies for infrastructure construction in the healthcare and educational sectors, are among the key factors influencing the segment market growth.
The reverse air segment is expected to grow considerably during the forecast period, mainly driven by its widespread adoption across several applications worldwide owing to its typically high flow rates and high temperatures. Additionally, reverse air filter bags are gaining significant traction across the globe, as these types of bag filters are compartmentalized, which allows sections to be easily cleaned without any need to shut off the whole system and very gentle clean action, which lengthens the bag life, are further anticipated to boost the segment market over the coming years.
Air filter bags segment held the significant market revenue share in 2022
The air filter bags segment held a significant market revenue share in 2022 because of continuously increasing awareness regarding the reduction of carbon footprints and several types of incentive schemes or programs granted by the government from many countries to promote green technologies and make the environment healthier.
The liquid segment is projected to expand at a substantial growth rate during the anticipated period, mainly attributed to its ability to work well for various pre-filtration applications and effectively eliminate unwanted solid particles from a liquid. In addition, the growing integration of these filter products in galvanic and chemical industries due to their low-density level, excellent mechanical properties, and low fiber-releasing attribute is also estimated to fuel the demand and growth of the segment.
Power generation segment is expected to grow at a fastest CAGR during forecast period
The power generation segment is expected to grow at the fastest CAGR throughout the forecast period. The segment market growth can be mainly attributed to the rising product adoption across the industry. In recent years, several government bodies have introduced stringent robust policies to mitigate environmental pollution; thus, filter bags will gain significant acceptance and demand from the power generation sector to reduce the burden of air-borne disease.
The mining segment is also likely to account for a significant market share over the coming years due to the increasing need and demand for innovative filter bags in the mining industry, as few hazards lead to dust collector emergencies. Moreover, the rising focus on key market players on developing more innovative products for the mining & minerals industry to support the operational activities more efficiently is also likely to contribute positively towards the market growth.
For instance, in September 2021, Clear Edge Filtration introduced its latest filter media, ‘Lotus Range,’ for the mining & minerals industry. These products are mainly designed to change the number of filter cloths being changed and provide longer life with enhanced operational efficiency.
The North America region dominated the global market in 2022
The North American region dominated the global market with a healthy market share and is expected to maintain its dominance over the projected period. The growth of the regional market can be largely attributed to various types of air pollution control regulations imposed by the Environment Protection Agency, such as the Air Interstate Rule, the Clean Air Act, and National Emission Standards for Hazardous Air Pollutants, along with the increasing awareness among people towards the greener environment in countries like the US and Canada is primary factors propelling the growth of the market.
The Asia Pacific region is projected to emerge as the fastest-growing region in the global market during the forecast period owing to rapid growth in the power generation, oil & gas, and food & beverages industries, especially among highly populated countries like China and India. Moreover, various APAC countries like South Korea have been emerging as key manufacturing hubs of pharmaceuticals, resulting in higher adoption of filter bags in boilers, dryers, and many other manufacturing machines.
Competitive Insight
Some of the major players operating in the global filter bags market include Eaton Corporation, General Electric, Mitsubishi Hitachi Power Systems, Camfil Farr, Rosedale Products, Parker Hannifin, Babcock & Wilcox, Danaher Corporation, Pall Corporation, Thermax, Donaldson Company, Shanghai Filterbag Factory, GE Appliances, BWF Envirotec, Industrial Filter Manufacturing, & Wolf Filtration.
Recent Developments
- In February 2021, Porvair Filtration announced the launch of its new filtration catalog, including 14 different high-purity chemical filters, & several complimentary housings. The latest products come with the duo-retention filtration mechanism for high flow & BOW cleaning applications.
- In April 2022, Parker Hannifin introduced its new pleated baghouse filter for their customers that help in collecting dust in very extreme heat applications. The new product is mainly designed to exterminate the bags & cages to decrease installation & removal costs while reducing the air-to-cloth ratios.
Filter Bags Market Report Scope
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Report Attributes |
Details |
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Market size value in 2023 |
USD 3,476.17 million |
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Revenue forecast in 2032 |
USD 5,652.27 million |
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CAGR |
5.5% from 2023– 2032 |
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Base year |
2022 |
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Historical data |
2019– 2021 |
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Forecast period |
2023– 2032 |
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Quantitative units |
Revenue in USD million and CAGR from 2023 to 2032 |
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Segments covered |
By Type, By Fluid, By Application, By Region |
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Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
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Key companies |
Eaton Corporation, General Electric, Mitsubishi Hitachi Power Systems, Camfil Farr, Rosedale Products, Parker Hannifin Corporation, Babcock & Wilcox Co., Danaher Corporation, Pall Corporation, Thermax D Ltd., Donaldson Company Inc., Shanghai Filterbag Factory Co. Ltd., GE Appliances, BWF Envirotec, Industrial Filter Manufacturing Limited, and Wolf Filtration Limited. |
FAQ's
The global filter bags market size is expected to reach USD 5,652.27 million by 2032.
Key players in the filter bags market are Eaton Corporation, General Electric, Mitsubishi Hitachi Power Systems, Camfil Farr, Rosedale Products, Parker Hannifin, Babcock & Wilcox, Danaher Corporation.
North America contribute notably towards the global filter bags market.
The global filter bags market expected to grow at a CAGR of 5.5% during the forecast period.
The filter bags market report covering key segments are type, fluid, application, and region.
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