Global Fabric Filter Market - Growth, Trends, and Forecast (2022 - 2030)
The global fabric filter market is in growing phase on account of increasing focus on curbing environmental emissions, globally. The emissions from industries contain wide range of dust particles that causes adverse effect to the atmosphere. In recent years, the governments across the world have focused on addressing the concerns associated with environment, which has resulted in more stringent environmental and emissions norms for industrial sector. The increased requirement of air quality control systems have led to growing focus on development of products in order to meet the requirement of more effective fabric filters. Moreover, the industrial sector is in growing phase with rapid industrialization in regions, such as Asia Pacific and Africa. Fabric filter of pulse jet type accounts for major share owing to technological benefits associate with the same. The pulse jet type of fabric filter has the ability to reduce the bag house size and investment due to lesser fabric use.
Stringent Air Quality Control Regulations is Driving the Market
Globally, the increasing awareness about clean environment is providing a huge impetus to fabric filters market. Policies and investments in the power generation and other industries are expected to reduce critical sources of urban outdoor air pollution. The World Bank is entering into partnerships with developed and developing nations to reduce pollution, implement proper waste management, improve water and air quality, and promote clean development for healthier lives and better economic opportunity. During 2009-2016, the World Bank commitments (IBRD/IDA) to pollution management and environmental health totaled to more than USD 7 billion.
Asia-Pacific Region Occupies Highest Market Share
Asia Pacific region has highest share in fabric filter market, owing to huge investments made in development of industries in the region. The industries, such as chemical, steel, etc. are witnessing huge growth in developing economies, such as China and India. The region is witnessing huge development of petrochemicals and refinery infrastructure on account of government led initiatives in the region to bolster manufacturing sector, which is a big boost for fabric filter market in Asia Pacific region.
China to Dominate the Market
China is the largest producer of steel in the world and it accounts for around 50% of global steel production. The robust industrial infrastructure in the country offers huge opportunities for fabric filter market growth. Moreover, china being a party to Paris climate agreement has taken initiatives to accomplish the targets associated with the agreement. The massive industrial infrastructure in the country and commitment to tackle environmental concerns will promulgate the fabric filter market in China.
Key Developments in the Market
• December 2017: Parker Hannifin launched the “Parker Energy Saving Calculator” a new online application tool that enables users to compare independently validated compressed air filters
• October 2017: Donaldson Company, Inc. introduced Packaged Downflo Evolution (DFEP) dust collector which is a complete system for collecting industrial dust and fumes
The Major Players include - Nederman Corporation Inc., Pall Corporation, Siemens AG, Affinia group, Donaldson Company, Cummins, Clarcor Inc., Parker-Hannifen Corporation, Hamon Corporation, Babcock & Wilcox, Mitsubishi Hitachi Power Systems, Ltd., amongst others.
Reasons to Purchase this Report
• Current and future fabric filter market outlook in the developed and emerging markets
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• The segment that is expected to dominate the market
• Regions that are expected to witness fastest growth during the forecast period
• Identify the latest developments and strategies employed by the major market players
• 3-month analyst support, along with the Market Estimate sheet in excel
Customization of the Report
• This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs
Stringent Air Quality Control Regulations is Driving the Market
Globally, the increasing awareness about clean environment is providing a huge impetus to fabric filters market. Policies and investments in the power generation and other industries are expected to reduce critical sources of urban outdoor air pollution. The World Bank is entering into partnerships with developed and developing nations to reduce pollution, implement proper waste management, improve water and air quality, and promote clean development for healthier lives and better economic opportunity. During 2009-2016, the World Bank commitments (IBRD/IDA) to pollution management and environmental health totaled to more than USD 7 billion.
Asia-Pacific Region Occupies Highest Market Share
Asia Pacific region has highest share in fabric filter market, owing to huge investments made in development of industries in the region. The industries, such as chemical, steel, etc. are witnessing huge growth in developing economies, such as China and India. The region is witnessing huge development of petrochemicals and refinery infrastructure on account of government led initiatives in the region to bolster manufacturing sector, which is a big boost for fabric filter market in Asia Pacific region.
China to Dominate the Market
China is the largest producer of steel in the world and it accounts for around 50% of global steel production. The robust industrial infrastructure in the country offers huge opportunities for fabric filter market growth. Moreover, china being a party to Paris climate agreement has taken initiatives to accomplish the targets associated with the agreement. The massive industrial infrastructure in the country and commitment to tackle environmental concerns will promulgate the fabric filter market in China.
Key Developments in the Market
• December 2017: Parker Hannifin launched the “Parker Energy Saving Calculator” a new online application tool that enables users to compare independently validated compressed air filters
• October 2017: Donaldson Company, Inc. introduced Packaged Downflo Evolution (DFEP) dust collector which is a complete system for collecting industrial dust and fumes
The Major Players include - Nederman Corporation Inc., Pall Corporation, Siemens AG, Affinia group, Donaldson Company, Cummins, Clarcor Inc., Parker-Hannifen Corporation, Hamon Corporation, Babcock & Wilcox, Mitsubishi Hitachi Power Systems, Ltd., amongst others.
Reasons to Purchase this Report
• Current and future fabric filter market outlook in the developed and emerging markets
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• The segment that is expected to dominate the market
• Regions that are expected to witness fastest growth during the forecast period
• Identify the latest developments and strategies employed by the major market players
• 3-month analyst support, along with the Market Estimate sheet in excel
Customization of the Report
• This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
Please Select a Format
