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Homopolymer Acrylic Filter Bags Market Analysis

  • Report ID: GMI3344
  • Published Date: May 2019
  • Report Format: PDF

Homopolymer Acrylic Filter Bags Market Analysis

Plain homopolymer acrylic filter bags market size may exceed USD 16.5 million by 2025. The product owing to its high hydrolysis resistance is utilized in clinker coolers and reactor exhausts in cement plants. Rising construction activities due to growing urbanization will boost cement demand hence fostering cement industry growth which in turn will fortify the market growth.
 

Anti-static coated homopolymer acrylic based filter bags market size is expected to gain up to 4.0% by 2025.  The product owing to its anti-static nature helps to prevent fires resulting from external ignition of chemical, coal, and surface dust. Strict health, safety & environment regulations in industries including pharmaceuticals, chemicals, and metals to prevent accidents at workplace will foster product demand.
 

Flame retardant coated homopolymer acrylic based filter bags market size may exceed USD 170 million by 2025. These filter bags are treated with flame retardant chemicals in order to make them fireproof. This makes it suitable for utilization in oil & gas and chemical industries where there are high chances of fire incidents. Rising oil & gas operations due to escalating energy requirements will foster demand for flame retardant filter bags hence fortifying industry size.
 

Pharmaceutical application is predicted to exceed USD 31.5 million by 2025. The product captures harmful bacteria and contaminants while manufacturing of pharmaceutical drugs which in turn will foster market growth.
 

Coal application is expected to gain up to 5.0% by 2025. Coal is the primary source of energy for power generation. Filter bags owing to its fine particles collecting properties is widely used in coal mills. Government’s initiatives for complete electrification globally to control pollution levels will boost power industry hence, escalating product demand.
 

Homopolymer acrylic filter bags market size from metal application is predicted to exceed USD 170 million by 2025. The product owing to high porosity and abrasion resistant quality is utilized in baghouses in base and lead metals production industries. Lead is majorly used in lead acid batteries which are further utilized in electric vehicles. Rising demand of electric vehicles to reduce greenhouse gas emissions will foster lead acid batteries utilization. This will boost lead production which will have a positive impact on filter bags market growth.
 

Asia Pacific led by India, South Korea, China and Japan homopolymer acrylic filter bags market is predicted to grow up to 5.5% by 2025. The product has applications in chemical industries owing to its hydrolysis and acid resistant properties. Increasing technological advancements to manufacture safe chemicals will enhance chemical industry size which will further foster bag filters demand.
 

Europe driven by Italy, France, UK and Germany market size is predicted to exceed USD 260 million by 2025. The product is used in pharmaceutical industry due to its harmful dust holding capacity. Increasing investments and R & D activities in pharmaceutical sector due to growing chronic diseases including diabetes and cancer will fortify product demand.
 

Brazil may witness substantial growth in the forecasted timeframe owing to increasing petroleum operations. The product has applications in capturing fine particles in refineries and other midstream processes. Growing probable gas reserves in the region will fortify market growth.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of homopolymer acrylic filter bags was exceeded USD 810 million in 2018.

The industry share of homopolymer acrylic filter bags is estimated to exhibit around 5.4% CAGR from 2019 to 2025.

Homopolymer Acrylic Filter Bags Market Scope

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Premium Report Details

  • Base Year: 2018
  • Companies covered: 10
  • Tables & Figures: 477
  • Countries covered: 21
  • Pages: 300
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