February 17, 2020
According to the research report titled ‘Homopolymer Acrylic Filter Bags Market Size By Surface Finish (Plain, Singeing & Calendering),By Coating (Oleophobic, Hydrophobic, Anti-static, PTFE Coating, Flame Retardant, Anti-acid), By Application (Cement, Pharmaceuticals, Power Generation, Metal, Chemicals, Food & Beverage, Coal, Oil & Gas, Printing & Dyeing), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, Sweden, Russia, China, India, Japan, South Korea, Australia, Malaysia, Thailand, Brazil, Saudi Arabia, UAE, South Africa), Application Potential, Price Trend, Competitive Market Share & Forecast, 2019 – 2025’ available with Market Study Report LLC, the global homopolymer acrylic filter bags market is expected to cross USD 1 billion by the year 2025.
According to the report, rising adoption of the product in power generation, cement, metal, chemical, and pharmaceutical industries is a major factor driving the homopolymer acrylic filter bags industry growth. The product offer benefits such as superior dust holding capacity that help to reduce suspended particle emissions in various industries. Growing demand for pollution control solutions in order to minimize particulate matter levels in the atmosphere is further aiding the market expansion.
Favorable government initiatives pertaining to emission mitigation are also stimulating the industry outlook. However, availability of external alternatives such as carbon air filters and electrostatic compounds may hinder the growth of homopolymer acrylic filter bags market.
As per coating, oleophobic segment is expected to grow by 5% through the year 2025. Growing demand for gasoline has led to increasing refining operations which in turn is fueling the segmental growth.
The report states that the cement application segment of homopolymer acrylic filter bags market in India is expected to cross USD 18 million by the year 2025. The product is used to capture cement dust in cement industries. This factor coupled with growing construction sector and rapid industrialization are favoring the market outlook.
Based on the application spectrum, food & beverage application of homopolymer acrylic filter bags industry is presumed to expand by 3.5% during 2019-2025. The product is extensively used in the food processing industry owing to its contaminant holding properties in order to produce safe & contaminant-free edible products. Rapid urbanization and growing retail chain networks are facilitating the business scenario.
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As per the report, PTFE coating segment of homopolymer acrylic filter bags industry in Germany is presumed to cross USD 2.5 million by the year 2025. PTFE coating improves the filtration efficiency of the filter bags. Strict government norms for controlling air pollution levels are augmenting the demand for efficient dust filtration solutions, which in turn is contributing towards the market growth.
The prominent companies operating in the homopolymer acrylic filter bags industry are Zonel Filtech, Filter Services Ltd., Albarrie Environmental Services, Autotech Nonwovens, SLY, Inc., Shivam Filters, HL Filters USA LLC, BCE, W.L. Gore & Associates, Inc., and Donaldson Co.
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