Homopolymer Acrylic Filter Bags Market Size

Homopolymer Acrylic Filter Bags Market Size

Homopolymer Acrylic Filter Bags Market size was over USD 810 million in 2018 and industry expects demand of above 125 million units by 2025.

Rapid growth in power sector due to increasing electricity utilization in commercial spaces including retail stores and shopping complexes has up surged homopolymer acrylic filter bags market growth. The product owing to its anti-static and high mechanical properties is utilized in power generation processes. Increasing power consumption due to growing industrial and commercial activities will fortify product demand.
 

Global limestone industry may witness strong gains over 5.5% by 2024. Limestone is widely used for producing cement. Increasing demand for constructing hospitals, schools, homes, and institutes due to growing population will increase cement production. It is used owing to its dust cake release properties in finish mills and dryers in cement industry hence, fostering market growth.
 

Homopolymer acrylic based filter bags helps to capture airborne dust in numerous industries including chemicals, metals, cement, and pharmaceuticals. The size of these particles may be less or equal to 10 micrometers. These particles may harm human beings by entering the body through inhalation or skin absorption. Increasing levels of suspended particulate matter in the air will stimulate market growth.
 

Global specialty chemicals industry size may witness gains over 5.0% in the estimated timeline. It is utilized in manufacturing applications owing to its mineral and organic acids resistance properties. Increasing chemicals demand to cater the needs of paint and plastics industry will positively impact homopolymer acrylic based filter bags industry size.
 

Global beverage industry may witness gains over 3.0% by 2021. The product helps to control contamination of food and beverages owing to its fine particles and dust holding capacity. Strict FDA regulations will boost filter bags utilization in beverage production industries which will stimulate homopolymer acrylic filter bags industry growth.
 

Acrylic is costlier than polypropylene & polyester filter bags and has low resistance to alkalis. The product’s exposure to extremely high temperatures for longer duration may lower its efficiency. These factors may hamper industry profitability and homopolymer acrylic filter bags market price trends.