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Filter Bags - Global Market Trajectory & Analytics

  • ID: 5141346
  • Report
  • September 2020
  • Region: Global
  • 382 pages
  • Global Industry Analysts, Inc
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Global Filter Bags Market to Reach US$3.1 Billion by the Year 2027

Amid the COVID-19 crisis, the global market for Filter Bags estimated at US$2.1 Billion in the year 2020, is projected to reach a revised size of US$3.1 Billion by 2027, growing at a CAGR of 5.2% over the period 2020-2027. Liquid Filter Bags, one of the segments analyzed in the report, is projected to grow at a 5.1% CAGR to reach US$2.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Air Filter Bags segment is readjusted to a revised 5.7% CAGR for the next 7-year period. This segment currently accounts for a 30.1% share of the global Filter Bags market.

The U. S. Accounts for Over 28.8% of Global Market Size in 2020, While China is Forecast to Grow at a 8.7% CAGR for the Period of 2020-2027

The Filter Bags market in the U. S. is estimated at US$617.1 Million in the year 2020. The country currently accounts for a 28.79% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$570.3 Million in the year 2027 trailing a CAGR of 8.7% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 4.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR while Rest of European market (as defined in the study) will reach US$570.3 Million by the year 2027. We bring years of research experience to this 9th edition of our report. The 382-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:
  • Babcock & Wilcox Enterprises, Inc.
  • Bwf Envirotech
  • Camfil Farr Inc.
  • CLARCOR Inc.
  • Donaldson Co., Inc.
  • Eaton Corporation
  • Filter Concept Pvt. Ltd.
  • General Electric Company
  • Lenntech BV
  • Mitsubishi Hitachi Power Systems Ltd.
  • Pall Corporation
  • Parker Hannifin Corporation
  • Rosedale Products Inc.
  • W. L. Gore & Associates, Inc.
Note: Product cover images may vary from those shown
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Impact of Covid-19 and a Looming Global Recession
  • Global Competitor Market Shares
  • Filter Bags Competitor Market Share Scenario Worldwide (in %): 2018E
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
  • Market Facts & Figures
  • US Filter Bags Market Share (in %) by Company: 2018 & 2027
  • Market Analytics
CANADA

JAPAN

CHINA

EUROPE
  • Market Facts & Figures
  • European Filter Bags Market: Competitor Market Share Scenario (in %) for 2018 & 2027
  • Market Analytics
FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION
  • Total Companies Profiled: 52
Note: Product cover images may vary from those shown
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