The report Bag Filter Market by Type (Pulse Jet, Shaker, Revers Air), Media (Woven, Non-Woven), Fluid Type (Air, Liquid), Applications (Power Generation, Cement, Mining, Chemical, and Municipal), and Region — Global Forecast to 2023 by MarketsandMarkets states that the bag filter market is projected to reach $10.2 billion by 2023, up from an estimated value of $7.8 billion in 2018. The market is expected to grow at a 5.54 percent compound annual growth rate (CAGR), which is attributed by the report analysts to environmental and safety regulations set by different governments to reduce air pollution, growth in the cement and mining industry, and requirement of a safe working environment in industries.
In 2018, the pulse-jet bag filter segment is estimated to dominate the bag filter market and is expected to have the largest market share during the forecast period. These filter bags allow cleaning of the pollutants without hampering the production process during the filter cleaning process in industries such as cement and mining. This segment is also projected to grow as pulse-jet bag filters are used more in the cement, power generation, and mining industries to regulate the particle emissions and to meet emission standards.
The nonwoven filter media segment of the bag filter market is expected to be the fastest growing segment of the market during the forecast period. Growth in this segment is attributed in the report to nonwoven media’s high-efficiency filtration and high temperature resistance in various applications. For more info and to purchase a copy of the report for $5,650, visit www.marketsandmarkets.com.