DUBLIN--(BUSINESS WIRE)--The "Global Fabric Filter Market - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global fabric filter market is in growing phase on account of increasing focus on curbing environmental emissions, globally.
Globally, the increasing awareness about clean environment is providing a huge impetus to fabric filters market. Policies and investments in the power generation and other industries are expected to reduce critical sources of urban outdoor air pollution. The World Bank is entering into partnerships with developed and developing nations to reduce pollution, implement proper waste management, improve water and air quality, and promote clean development for healthier lives and better economic opportunity. During 2009-2016, the World Bank commitments (IBRD/IDA) to pollution management and environmental health totaled to more than USD 7 billion.
Asia Pacific has the highest share in fabric filter market, owing to huge investments made in development of industries in the region. The industries, such as chemical, steel, etc. are witnessing huge growth in developing economies, such as China and India. The region is witnessing huge development of petrochemicals and refinery infrastructure on account of government led initiatives in the region to bolster manufacturing sector, which is a big boost for fabric filter market in Asia Pacific region.
China is the largest producer of steel in the world and it accounts for around 50% of global steel production. The robust industrial infrastructure in the country offers huge opportunities for fabric filter market growth. Moreover, china being a party to Paris climate agreement has taken initiatives to accomplish the targets associated with the agreement. The massive industrial infrastructure in the country and commitment to tackle environmental concerns will promulgate the fabric filter market in China.
Key Developments in the Market
- December 2017: Parker Hannifin launched the Parker Energy Saving Calculator a new online application tool that enables users to compare independently validated compressed air filters
- October 2017: Donaldson Company, Inc. introduced Packaged Downflo Evolution (DFEP) dust collector which is a complete system for collecting industrial dust and fumes
Key Topics Covered
1. Executive Summary
2. Research Methodology
3. Market Overview
4. Market Dynamics
5. Supply Chain Analysis
6. Industry Attractiveness - Porter's Five Forces Analysis
7. Regional Market Analysis
8. Market Segmentation and Analysis, by Type
9. Market Segmentation and Analysis, by End-user
10. Key Company Analysis
- Nederman Corporation Inc.
- Pall Corporation
- Siemens AG
- Affinia group
- Donaldson Company
- Clarcor Inc.
- Parker-Hannifen Corporation
- Hamon Corporation
- Babcock & Wilcox
- Mitsubishi Hitachi Power Systems Ltd.
11. Competitive Landscape
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