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Homopolymer Acrylic Filter Bags Market is likely to witness considerable growth by 2025 – Donaldson, SLY Inc, SOLAFT Filtration Solutions, Filtercorp International Limited

06-10-2020 09:04 PM CET | Industry, Real Estate & Construction

Press release from: DEC Research

Homopolymer Acrylic Filter Bags Market

Homopolymer Acrylic Filter Bags Market

Homopolymer acrylic filter bags market in Germany from PTFE coating is likely to surpass USD 2.5 million at the end of 2025. PTFE coating helps to enhance filtration efficiency of the bag filters. Strict environmental regulations for controlling air pollution will foster the demand for dust filtration devices including filter bags which will amplify industry growth.

Homopolymer acrylic filter bags market from food & beverage application may observe significant gains over 3.5% by 2025. The product owing to contaminant holding properties is used in the food production industry for manufacturing contaminant free and safe edible products. Increasing urbanization and expanding retail chain networks will foster food products demand hence, boosting product demand.

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Homopolymer acrylic filter bags aids in capturing fine particles in industries which helps to reduce suspended particles in the atmosphere. The product's applications in several industries including pharmaceutical, chemical, metal, cement, and power generation industries will enhance homopolymer acrylic filter bags market.

Regional Growth Drivers: -
1. North America: Growing oil & gas operations in the region may foster market growth
2. Europe: Escalating demand from power generation sector with clean air compliance will propel market growth
3. Asia Pacific: Increasing cement consumption in new construction and repairing activities may stimulate product demand

Homopolymer Acrylic Filter Bags Market, By Application: -
1. Cement
2. Pharmaceutical
3. Power Generation
4. Metal
5. Chemical
6. Food & Beverage
7. Coal
8. Oil & Gas
9. Printing & Dyeing

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The product is manufactured from acrylic staple fibers. It has good dimensional stability and offers dust holding properties which helps to lower the harmful emissions in industries. Rising demand for pollution control devices to reduce particulate matter levels in the atmosphere will foster homopolymer acrylic filter bags market demand.

Homopolymer acrylic filter bags market in India from cement application is likely to surpass USD 18 million at the end of 2025. The product due to its fine particles capturing property is used for capturing cement dust in cement plants. Rising construction activities owing to increasing industrialization and growing real-estate sector will foster cement demand which will enhance market.

Availability of external substitutes including electrostatic and carbon air filters for capturing dust particles may hamper industry growth. Low cost and improved properties of polypropylene and polyester as compared to homopolymer acrylic fibers may impact homopolymer acrylic filter bags market profitability.

Homopolymer Acrylic Filter Bags market is moderately fragmented with major industry players including: -
• SOLAFT Filtration Solutions
• Filtercorp International Limited
• Shanghai Everspring Filtration Technology Co. Ltd.
• SLY Inc.
• Donaldson Company Inc.

Companies are investing heavily in R&D, capacity expansion, and product innovation for growing product demand.

About DEC Research:
DecResearch.com, powered by Global Market Insights, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI.

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