““The bag filter market is projected to reach USD 12.12 billion by 2020.”
Increasing demand for low particulate emissions from power plants is resulting in the installation of bag filter/fabric filter in many projects. Nowadays, it is highly preferable over electrostatic precipitators (ESPs) due to its high efficiency and comparatively low capital costs. Governments world over are encouraging mergers and acquisitions as well the development of large environmental protection corporations. China is historically a heavy industrial base, with high levels of machinery and some major environmental problems, creating a big market potential for bag filter manufacturers.
“Pulse jet bag filter segment to dominate the global market”
Pulse jet bag filter accounted for more than 50% of the total bag filter market in 2014. The high growth is attributed to the advancement in design, technology, and lower capital cost. Earlier, more than 80% of the applications used to install shaker or reverse air baghouses, but with the advancement in technology and ongoing trends, the installation of pulse jet bag filter has grown rapidly in the past five years, capturing 90% of all the end-user applications. The applications where a pulse jet baghouses is used include pharmaceuticals, food & beverages, sinter plants, textiles, chemicals, and municipal waste among others.
“Asia-Pacific: The fastest growing region in the bag filters market.”
In terms of value, Asia-Pacific is expected to be the largest and fastest growing market for bag filter during the forecast period, with China and India as major contributors. China alone accounted for the maximum share of the global bag filter market in 2014, with several local and regional manufactures in the country. In addition, growing demand in Asia-Pacific for energy and raw materials used in the manufacturing sector would propel the region to increase production of metals, chemicals, and paper.
Breakdown of Primaries:
In-depth interviews have been conducted with various primary respondents that include key industry participants, subject matter experts, C-level executives of key market players, and industry consultants among other experts to obtain & verify critical qualitative and quantitative information as well as assess future market prospects.
By Company Type: Tier1- 60%, Tier2-27%, and Tier 3-13%
By Designation: C-Level-50%, Director Level-30%, and Others*-20%
By Region: North America-30, Europe-20%, Asia-Pacific-20%, and RoW-30%
Note: *Others include sales managers, marketing managers, and product managers
The tier of the companies has been defined on the basis of their total revenue, as of 2013: Tier 1 = >USD 10 billion, Tier 2 = USD 1 billion to USD 10 billion and Tier 3 =
“TABLE OF CONTENTS
1 INTRODUCTION 13
1.1 OBJECTIVES OF THE STUDY 13
1.2 MARKET DEFINITION 13
1.3 MARKET SCOPE 14
1.3.1 MARKETS COVERED 14
1.3.2 YEARS CONSIDERED FOR THE STUDY 14
1.4 CURRENCY 15
1.5 LIMITATIONS 15
1.6 STAKEHOLDERS 15
2 RESEARCH METHODOLOGY 16
2.1 RESEARCH DATA 17
2.1.1 SECONDARY DATA 17
2.1.1.1 Key data from secondary sources 17
2.1.2 PRIMARY DATA 18
2.1.2.1 Key data from primary sources 18
2.1.2.2 Key industry insights 19
2.1.2.3 Breakdown of primary interviews 20
2.2 MARKET SIZE ESTIMATION 20
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 22
2.4 RESEARCH ASSUMPTIONS 24
3 EXECUTIVE SUMMARY 25
3.1 HISTORY/ EVOLUTION 25
3.2 CURRENT SCENARIO 25
3.3 FUTURE TRENDS 26
3.4 CONCLUSION 28
4 PREMIUM INSIGHTS 29
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE BAG FILTER MARKET 29
4.2 GLOBAL BAG FILTER MARKET 30
4.3 ASIA-PACIFIC: THE LARGEST MARKET FOR BAG FILTER IN 2014 31
4.4 ASIA-PACIFIC BAG FILTER MARKET ANALYSIS, BY APPLICATION 32
4.5 BAG FILTER MARKET: BY MEDIA 33
5 MARKET OVERVIEW 34
5.1 INTRODUCTION 35
5.2 MARKET SEGMENTATION 35
5.3 MARKET DYNAMICS 36
5.3.1 DRIVERS 36
5.3.1.1 Environment & safety regulation of different governments to reduce air pollution 36
5.3.1.2 Growth in the cement & mining industry 37
5.3.1.3 Coal is considered as the most reliable source of energy 37
5.3.1.4 Marketable by products 37
5.3.2 RESTRAINTS 38
5.3.2.1 Emergence of alternate & renewable sources of energy 38
5.3.2.2 Unfavorable economic conditions 38
5.3.3 OPPORTUNITIES 38
5.3.3.1 Implementation of mercury & air toxics standards (mats) in the U.S. 38
5.3.3.2 Increasing number of coal-fired plants in China & India 39
5.3.4 CHALLENGES 39
5.3.4.1 High capital & operating cost 39
5.4 VALUE CHAIN ANALYSIS 39
5.5 PORTER’S FIVE FORCES ANALYSIS 41
5.5.1 THREAT OF SUBSTITUTES 41
5.5.2 BARGAINING POWER OF SUPPLIERS 42
5.5.3 THREAT OF NEW ENTRANTS 42
5.5.4 BARGAINING POWER OF BUYERS 42
5.5.5 INTENSITY OF COMPETITIVE RIVALRY 42
6 BAG FILTER MARKET, BY TYPE 43
6.1 INTRODUCTION 44
6.2 PULSE JET BAG FILTER MARKET 46
6.3 SHAKER BAG FILTER MARKET 47
6.4 REVERSE AIR BAG FILTER MARKET 48
7 BAG FILTER MARKET, BY MEDIA 49
7.1 INTRODUCTION 50
7.2 NONWOVEN 52
7.3 WOVEN 52
7.4 OTHERS 53
8 BAG FILTER MARKET, BY APPLICATION 54
8.1 INTRODUCTION 55
8.2 POWER GENERATION 57
8.3 CEMENT 58
8.4 MINING 59
8.5 CHEMICAL 60
8.6 PULP & PAPER 60
8.7 MUNICIPAL WASTE 61
8.8 OTHERS 62
9 BAG FILTER MARKET, BY REGION 63
9.1 INTRODUCTION 64
9.2 ASIA-PACIFIC 65
9.2.1 CHINA 68
9.2.2 INDIA 69
9.2.3 JAPAN 70
9.2.4 SOUTH KOREA 71
9.2.5 AUSTRALIA 72
9.2.6 REST OF ASIA-PACIFIC 73
9.3 AMERICAS 74
9.3.1 U.S. 76
9.3.2 BRAZIL 77
9.3.3 CANADA 78
9.3.4 MEXICO 79
9.3.5 ARGENTINA 80
9.3.6 REST OF THE AMERICAS 81
9.4 EUROPE 83
9.4.1 GERMANY 86
9.4.2 U.K. 86
9.4.3 ITALY 87
9.4.4 FRANCE 88
9.4.5 POLAND 88
9.4.6 REST OF EUROPE 90
9.5 MIDDLE EAST & AFRICA 91
9.5.1 SOUTH AFRICA 94
9.5.2 SAUDI ARABIA 95
9.5.3 UAE 96
9.5.4 REST OF MIDDLE EAST & AFRICA 96
10 COMPETITIVE LANDSCAPE 98
10.1 OVERVIEW 99
10.2 COMPETITIVE SITUATION & TRENDS 100
10.3 NEW PRODUCT LAUNCHES 101
10.4 EXPANSIONS 101
10.5 MERGERS & ACQUISITIONS 102
10.6 CONTRACTS & AGREEMENTS 103
11 COMPANY PROFILE 104
(Company at a Glance, Business Overview, Products Offered, Key Strategy, Recent Developments, SWOT Analysis & MNM View)*
11.1 INTRODUCTION 104
11.2 BABCOCK & WILCOX CO. 105
11.3 PALL CORPORATION 108
11.4 THERMAX 112
11.5 EATON CORPORATION 115
11.6 MITSUBISHI HITACHI POWER SYSTEMS LTD. 118
11.7 DONALDSON COMPANY INC. 120
11.8 GENERAL ELECTRIC 122
11.9 CAMFIL FARR INC. 124
11.10 BWF ENVIROTECH 127
11.11 W.L. GORE & ASSOCIATES, INC. 128
11.12 LENNTECH B.V. 129
11.13 ROSEDALE PRODUCTS INC. 130
11.14 PARKER HANNIFIN CORPORATION 132
*Details on company at a glance, recent financials, Products offered, strategies & insights, & recent developments might not be captured in case of unlisted companies.
12 APPENDIX 134
12.1 INSIGHTS OF INDUSTRY EXPERTS 134
12.2 DISCUSSION GUIDE 135
12.3 OTHER DEVELOPMENTS 137
12.3.1 OTHER NEW PRODUCT LAUNCH 137
12.3.2 OTHER EXPANSION 137
12.3.3 OTHER MERGER & ACQUISITIONS 138
12.3.4 OTHER CONTRACT & AGREEMENT 138
12.4 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 139
12.5 AVAILABLE CUSTOMIZATIONS 140
12.6 RELATED REPORTS 141
“
“LIST OF TABLES
TABLE 1 COMPARISON FOR PULSE JET, SHAKER, & REVERSE AIR BAG FILTER, BY TYPE 44
TABLE 2 BAG FILTER MARKET SIZE, BY TYPE, 2013–2020 (USD MILLION) 45
TABLE 3 PULSE JET BAG FILTER MARKET SIZE, BY REGION, 2013–2020 (USD MILLION) 46
TABLE 4 SHAKER BAG FILTER MARKET SIZE, BY REGION, 2013–2020 (USD MILLION) 47
TABLE 5 REVERSE AIR BAG FILTER MARKET SIZE, BY REGION, 2013–2020 (USD MILLION) 48
TABLE 6 PROS & CONS OF NONWOVEN FABRICS USING DIFFERENT FIBROUS MATTER 50
TABLE 7 BAG FILTER MARKET SIZE, BY FILTERING MEDIA, 2013-2020 (USD MILLION) 51
TABLE 8 NONWOVEN BAG FILTER MARKET SIZE, BY REGION, 2013-2020 (USD MILLION) 52
TABLE 9 WOVEN BAG FILTER MARKET SIZE, BY REGION, 2013-2020 (USD MILLION) 52
TABLE 10 OTHERS BAG FILTER MARKET SIZE, BY REGION, 2013-2020 (USD MILLION) 53
TABLE 11 BAG FILTER MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION) 56
TABLE 12 BAG FILTER MARKET SIZE, BY TOP THREE APPLICATION, 2013-2020 (USD MILLION) 56
TABLE 13 POWER GENERATION BAG FILTER MARKET SIZE, BY REGION,
2013-2020 (USD MILLION) 57
TABLE 14 POWER GENERATION BAG FILTER MARKET SIZE, BY TOP FIVE COUNTRIES,
2013-2020(USD MILLION) 57
TABLE 15 CEMENT BAG FILTER MARKET SIZE, BY REGION, 2013-2020 (USD MILLION) 58
TABLE 16 CEMENT BAG FILTER MARKET SIZE, BY TOP FIVE COUNTRIES,
2013-2020(USD MILLION) 58
TABLE 17 MINING BAG FILTER MARKET SIZE, BY REGION, 2013-2020 (USD MILLION) 59
TABLE 18 MINING BAG FILTER MARKET SIZE, BY TOP FIVE COUNTRIES,
2013-2020(USD MILLION) 59
TABLE 19 CHEMICAL BAG FILTER MARKET SIZE, BY REGION, 2013-2020 (USD MILLION) 60
TABLE 20 PULP & PAPER BAG FILTER MARKET SIZE, BY REGION, 2013-2020 (USD MILLION) 61
TABLE 21 MUNICIPAL WASTE BAG FILTER MARKET SIZE, BY REGION,
2013-2020 (USD MILLION) 61
TABLE 22 OTHER INDUSTRIES BAG FILTER MARKET SIZE, BY REGION,
2013-2020 (USD MILLION) 62
TABLE 23 BAG FILTER MARKET SIZE, BY REGION, 2013-2020 (USD MILLION) 64
TABLE 24 BAG FILTER MARKET SIZE, BY TOP FIVE COUNTRIES, 2013-2020 (USD MILLION) 65
TABLE 25 ASIA-PACIFIC: BAG FILTER MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION) 67
TABLE 26 ASIA-PACIFIC: BAG FILTER MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 67
TABLE 27 ASIA-PACIFIC: BAG FILTER MARKET SIZE, BY TYPE, 2013-2020 (USD MILLION) 68
TABLE 28 ASIA-PACIFIC: BAG FILTER MARKET SIZE, BY MEDIA, 2013-2020 (USD MILLION) 68
TABLE 29 CHINA: BAG FILTER MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION) 69
TABLE 30 INDIA: BAG FILTER MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION) 70
TABLE 31 JAPAN: BAG FILTER MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION) 71
TABLE 32 SOUTH KOREA : BAG FILTER MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 72
TABLE 33 AUSTRALIA : BAG FILTER MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION) 72
TABLE 34 REST OF ASIA-PACIFIC : BAG FILTER MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 73
TABLE 35 AMERICAS: BAG FILTER MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION) 75
TABLE 36 AMERICAS: BAG FILTER MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION) 75
TABLE 37 AMERICAS: BAG FILTER MARKET SIZE, BY TYPE, 2013-2020 (USD MILLION) 76
TABLE 38 AMERICAS: BAG FILTER MARKET SIZE, BY MEDIA, 2013-2020 (USD MILLION) 76
TABLE 39 U.S.: BAG FILTER MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION) 77
TABLE 40 BRAZIL: BAG FILTER MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION) 78
TABLE 41 CANADA: BAG FILTER MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION) 79
TABLE 42 MEXICO: BAG FILTER MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION) 80
TABLE 43 ARGENTINA: BAG FILTER MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION) 81
TABLE 44 REST OF THE AMERICAS: BAG FILTER MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 82
TABLE 45 EUROPE: BAG FILTER MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION) 84
TABLE 46 EUROPE: BAG FILTER MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION) 84
TABLE 47 EUROPE: BAG FILTER MARKET SIZE, BY TYPE, 2013-2020 (USD MILLION) 85
TABLE 48 EUROPE: BAG FILTER MARKET SIZE, BY MEDIA, 2013-2020 (USD MILLION) 85
TABLE 49 GERMANY: BAG FILTER MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION) 86
TABLE 50 U.K.: BAG FILTER MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION) 87
TABLE 51 ITALY: BAG FILTER MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION) 87
TABLE 52 FRANCE: BAG FILTER MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION) 88
TABLE 53 POLAND: BAG FILTER MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION) 89
TABLE 54 REST OF EUROPE: BAG FILTER MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 90
TABLE 55 MIDDLE EAST & AFRICA: BAG FILTER MARKET SIZE, BY COUNTRY,
2013-2020 (USD MILLION) 92
TABLE 56 MIDDLE EAST & AFRICA: BAG FILTER MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 93
TABLE 57 MIDDLE EAST & AFRICA: BAG FILTER MARKET SIZE, BY TYPE,
2013-2020 (USD MILLION) 93
TABLE 58 MIDDLE EAST & AFRICA: BAG FILTER MARKET SIZE, BY MEDIA,
2013-2020 (USD MILLION) 94
TABLE 59 SOUTH AFRICA: BAG FILTER MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 94
TABLE 60 SAUDI ARABIA: BAG FILTER MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 95
TABLE 61 UAE: BAG FILTER MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION) 96
TABLE 62 OTHER COUNTRIES IN MIDDLE EAST & AFRICA: BAG FILTER MARKET SIZE,
BY APPLICATION, 2013-2020 (USD MILLION) 97
TABLE 63 NEW PRODUCT LAUNCHES, 2011-2015 101
TABLE 64 EXPANSIONS, 2012-2015 101
TABLE 65 MERGERS & ACQUISITIONS, 2013-2015 102
TABLE 66 CONTRACTS & AGREEMENTS, 2011-2015 103
“
“LIST OF FIGURES
FIGURE 1 MARKETS COVERED: BAG FILTER MARKET 14
FIGURE 2 BAG FILTER MARKET: RESEARCH DESIGN 16
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY, DESIGNATION, & REGION 20
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 21
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 21
FIGURE 6 DATA TRIANGULATION METHODOLOGY 23
FIGURE 7 ASIA-PACIFIC DOMINATED THE BAG FILTER MARKET IN 2014 25
FIGURE 8 PULSE JET TYPE IS EXPECTED TO BE THE MOST PROMISING SEGMENT DURING THE FORECAST PERIOD 26
FIGURE 9 ASIA-PACIFIC: A POTENTIAL MARKET FOR BAG FILTER SYSTEM 27
FIGURE 10 THE POWER GENERATION SEGMENT IS EXPECTED TO DOMINATE THE BAG FILTER MARKET FROM 2015 TO 2020 27
FIGURE 11 STRINGENT GOVERNMENT REGULATIONS TO SPUR THE GROWTH OF THE BAG FILTER MARKET DURING THE FORECAST PERIOD 29
FIGURE 12 PULSE JET IS EXPECTED TO ACCOUNT FOR THE MAJOR SHARE IN THE BAG FILTER MARKET FROM 2015 TO 2020 30
FIGURE 13 ASIA-PACIFIC HELD THE LARGEST SHARE IN THE BAG FILTER MARKET IN 2014 31
FIGURE 14 THE POWER GENERATION SEGMENT ACCOUNTED FOR THE MAXIMUM SHARE (VALUE) IN 2014 32
FIGURE 15 NONWOVEN TYPE IS EXPECTED TO DOMINATE THE BAG FILTER MARKET DURING THE FORECAST PERIOD 33
FIGURE 16 MARKET SEGMENTATION: BAG FILTER MARKET 35
FIGURE 17 MARKET DYNAMICS: ENVIRONMENT & SAFETY REGULATIONS OF DIFFERENT GOVERNMENTS TO REDUCE AIR POLLUTION DRIVE THE MARKET FOR BAG FILTER 36
FIGURE 18 MANUFACTURER/ ASSEMBLERS IS THE KEY CONTRIBUTOR TO BAG FILTER
VALUE CHAIN 40
FIGURE 19 PORTER’S FIVE FORCES ANALYSIS: BAG FILTER MARKET 41
FIGURE 20 PULSE JET TO CAPTURE THE LIONS SHARE IN THE BAG FILTER MARKET IN 2014 45
FIGURE 21 BAG FILTER MARKET SIZE & GROWTH RATE, BY TYPE, 2015–2020 46
FIGURE 22 BAG FILTER MARKET SHARE (VALUE), BY FILTERING MEDIA, 2014 51
FIGURE 23 THE POWER GENERATION SEGMENT CAPTURED MORE THAN 50% OF THE TOTAL MARKET SHARE IN 2014 (VALUE) 55
FIGURE 24 ASIA-PACIFIC: REGIONAL SNAPSHOT 66
FIGURE 25 COMPANIES ADOPTED NEW PRODUCT LAUNCH AS KEY THE GROWTH STRATEGY IN THE PAST FIVE YEARS, 2011-2015* 99
FIGURE 26 BATTLE FOR MARKET SHARE: NEW PRODUCT LAUNCH WAS THE KEY STRATEGY ADOPTED BY THE PLAYERS, 2011-2015 100
FIGURE 27 MARKET EVOLUTION FRAMEWORK: NEW PRODUCT LAUNCH LED TO MARKET GROWTH, 2011-2015 100
FIGURE 28 REGION-WISE REVENUE MIX OF THE TOP 5 MARKET PLAYERS 104
FIGURE 29 BABCOCK & WILCOX CO.: COMPANY SNAPSHOT 105
FIGURE 30 SWOT ANALYSIS: BABCOCK & WILCOX 107
FIGURE 31 PALL CORPORATION: COMPANY SNAPSHOT 108
FIGURE 32 SWOT ANALYSIS: PALL CORPORATION 111
FIGURE 33 THERMAX LTD.: COMPANY SNAPSHOT 112
FIGURE 34 SWOT ANALYSIS: THERMAX 113
FIGURE 35 EATON CORPORATION: COMPANY SNAPSHOT 115
FIGURE 36 SWOT ANALYSIS: EATON CORPORATION 117
FIGURE 37 SWOT ANALYSIS: MITSUBISHI HITACHI POWER SYSTEMS LTD. 119
FIGURE 38 DONALDSON COMPANY INC.: COMPANY SNAPSHOT 120
FIGURE 39 GE: COMPANY SNAPSHOT 122
FIGURE 40 PARKER HANNIFIN CORPORATION: COMPANY SNAPSHOT 132
“
