Filter Bags Market Industry Analysis, Research and Trends to 2024

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Filter Bags Market Growth Drivers in 2019
Challenges by 2024
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• Filter Bags Market Growth Scenario

• Growing awareness regarding high quality and safe
  environment would propel filter bags market size.
  The product efficiently removes particulate and
  withstands high temperature conditions, thereby
  making it suitable for usage in cement, metal,
  and power generation industries, thus enhancing
  industry size.
• Filter bags industry is anticipated to witness
  strong gains owing to its utilization to control
  industrial emissions due to its particles and
  molecules holding capacity. Increasing emissions
  in India and China owing to growing industrial
  activities will enhance the market growth.
• Global Filter Bags Market size is set to surpass
  USD 4 billion by 2024 according to a new
  research report by Global Market Insights, Inc.
• Pharmaceutical filter bags application is
  anticipated to exceed USD 215 million in the
  forecast timeline. Its high dust holding
  properties finds applications in boilers and
  dryers to manufacture drugs. Rising technological
  advancements and RD activities to manufacture
  safe drugs will propel product demand.

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• Pulse jet filter bags market is estimated to
  witness gains of over 5.5 by 2024. The product
  utilized in paper pulp industry to separate
  fine particles. It is used in recovery processes
  and mills. Growing paper demand from the
  packaging industry in order to replace plastic
  bags will positively impact industry growth.
• Polypropylene filter bags market size is
  anticipated to surpass USD 605 million in the
  forecast timeline. It is utilized in detergent
  and chemical processing industries due to its
  non-hygroscopic nature, that is it does nor react
  with water. Rising awareness for hygiene
  maintenance globally will boost detergent
  industry which in turn will propel market growth.
• Global woven filter bags market is likely to grow
  at over 5 by 2024. It is utilized for
  atmospheric air and home cleaning applications.
  Global air purifiers industry is anticipated to
  exceed USD 25 billion in the forecast time span,
  thereby stimulating market growth.
• Global teflon filter bags market is anticipated
  to exceed USD 175 million in the forecast
  timeline. The product has its applications in
  waste to energy incinerators and various chemical
  processes. Growing demand of chemicals for
  plastics and paint industry will positively
  impact the industry size.

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• Regional Analysis

• China filter bags market size is anticipated to
  exceed USD 505 million in by 2024. Growing
  automotive sector in the region will propel steel
  production. The product is utilized in steel
  manufacturing industry in reactor exhausts
  positively impacting market growth.

• Competitive Analysis

• Filter Bags industry is fragmented with key
  industry participants including Lydall Industrial
  Filtration Textile Manufacturing Ltd, Koch
  Filter, 3M, AGET Manufacturing, and Parker
  Hannifin. Manufacturers are making heavy
  investments in RD, product innovation and
  capacity expansion in order to cater boosting
  industry growth.

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