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Rigid Packaging Market Growth, Future Prospects & Competitive Analysis, 2016-2023

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Published: | Report ID: 9959 | Report Format : PDF

Market Insights

This report, titled “Filter Bags Market: Growth, Future Prospects, and Competitive Analysis, 2017–2025,” offers strategic insights into the trends in the global filter bag market, along with the market’s size and forecast for the duration of 2017–2025. The said research study incorporates an in-depth analysis of multiple market segments based on product type, bag size, applications, and geographical distribution.

The global filter bag market is becoming increasingly competitive with a growing number of mergers and collaborations among market players to reach full capabilities and gain an international footprint. The rapid growth of this market has also resulted in the creation of further skilled job opportunities in major hubs spread across the Asia Pacific, North America, and Europe.

Based on product types, the global filter market is categorized into liquid filter bags and air filter bags. On the basis of size, this market is further categorized into 4″ O.D. x 8″ long filter bags, 4″ O.D. x 14″ long filter bags, 7″ O.D. x 17″ long filter bags, 7″ O.D. x 32″ long filter bags, and others. The market size and forecast for all the segments considered are presented in this report for the period 2015–2025 (US$ Mn), along with their respective CAGRs for the forecast period 2017–2025 (value%%).

In terms of geographical distribution, the global filter bag market is studied for five major regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Market size and forecasts for each regional and country-level market are included in the report for the considered periods.

To further elucidate, the geographical distribution of the global tea market is as follows:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

Along with the quantitative information sets, this report also provides qualitative information, such as market dynamics and an executive summary of the global filter bag market. Tools such as competition assessment and attractive investment propositions are also included in the report to provide the readers with competitive mapping assistance. This study concludes with a company profile section.

This section includes major information about the key companies engaged in the manufacturing of filter bags. The major companies profiled in this report include Babcock & Wilcox Co., Pall Corporation, Thermax Ltd., Eaton Corporation, Mitsubishi Hitachi Power Systems Ltd., Donaldson Company Inc., Filter Concept Pvt. Ltd., General Electric, Camfil Farr Inc., BWF Envirotech, W.L. Gore & Associates, Inc., and Lenntech B.V.

Based on the product size, the global filter bag market is segmented as follows:

  • 4″ O.D. x 08″ Long Filter Bags
  • 4″ O.D. x 14″ Long Filter Bags
  • 7″ O.D. x 17″ Long Filter Bags
  • 7″ O.D. x 32″ Long Filter Bags
  • Others

Filter bags are, in general, frequently used for dust removal in industrial applications. The flow can be from the outside to the inside of the filter, which means the separation of particles happens on the external surface of the filter or the other way around, depending on the application. The particles are normally captured on the internal surface of the bag filter.

Filter bags come in various lengths, sizes, and micron ratings. The materials and the choice depend on the amount and size of the particulate that needs removal. Their diameter size ranges from 4–7 inches, and their maximum depth is 32 inches. The filtration rate varies from 1–1,500 microns, although the capacity depends on the surface area of the bag. The liquid bag filters are not replaceable once clogged, but some gaseous ones are easy to clean either through mechanical, electrical, manual, or reverse flow methods.

Based on the product type, the global filter bag market is segmented as follows:

  • Liquid Filter Bags
  • Air filter bags

The implementation of stringent environmental regulations across the globe is propelling the demand for efficient solutions for industries such as cement, mining, automobiles, and coal-based power plants. This further induces industries to implement environmentally friendly technologies and manufacturing techniques. The growing disposable income of consumers has raised the demand for housing and automobiles. This has consequently boosted the growth of these industries and augmented demand for filter bags to control pollution owing to the surge in production volume.

For the purpose of this study, the global filter bag market is categorized into three segments:

  • North America
  • Europe
  • Asia Pacific
  • Latin America (LATAM)
  • Middle East and Africa (MEA)

Asia Pacific, with its emerging economies, is the fastest-growing market for liquid and air filter bags, with China and India as major contributors to raw materials, manufacturers, and suppliers. The growing demand for several consumer products in the region has led to the increased production of metals, chemicals, and other heavy products, which is consequently expected to boost the demand for liquid and air filter bag products. Foreign investments from global companies are also expected to drive the demand for bag filters in the region.

Implementation of strict environmental regulations across the globe is propelling the demand for efficient solutions for industries such as cement, mining, automobiles, and coal-based power plants. This further compels industries to implement environmentally friendly technologies and manufacturing techniques. However, in some of the emerging economies in countries such as China, India, and Indonesia, governments have introduced acts and policies.

Frequently Asked Questions

What is the size of Rigid Packaging Market?

The market for Rigid Packaging Market is expected to reach US$ XX Mn By 2023.

What is the Rigid Packaging Market CAGR?

The Rigid Packaging Market is expected to see significant CAGR growth over the coming years, at XX%.

What is the Forecast period considered for Rigid Packaging Market?

The report is forecasted from 2016-2023.

What is the base year considered for Rigid Packaging Market?

The base year of this report is 2015.

Who are the major players in this market?

Babcock & Wilcox Co., Pall Corporation, Thermax Ltd., Eaton Corporation, Mitsubishi Hitachi Power Systems Ltd., Donaldson Company Inc., Filter Concept Pvt. Ltd., General Electric, Camfil Farr Inc., BWF Envirotech, W.L. Gore & Associates, Inc., and Lenntech B.V. are some of the major players in the global market.

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