[167+ Pages Report] According to the report published by Facts and Factors, the global Homopolymer Acrylic Filter Bags market size was valued at around USD 930 million in 2022 and is likely to grow around USD 1240 million by 2030 with a compound annual growth rate (CAGR) of roughly 4.20% between 2023 and 2030. The report analyses the global Homopolymer Acrylic Filter Bags market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores/analyses emerging opportunities in the Homopolymer Acrylic Filter Bags market.
The market experts have carried out exhaustive primary as well as secondary research over the global homopolymer acrylic filter bags market to precisely determine the global homopolymer acrylic filter bags market share and its forecasted growth pattern. Through this comprehensive research, the analysts studied all the homopolymer acrylic filter bags manufacturers established worldwide and calculated the size of the homopolymer acrylic filter bags market at a global and regional level. The market-oriented historical data and the growth trend from 2029 to 2021 facilitate projection of the acrylic fabrics- & bag-manufacturing firms during 2023–2030.
The global homopolymer acrylic filter bags report provides market valuation in terms of USD Million, along with additional statistical data of the market. The market report offers key insights that would help clients to generate ideas for the effectual expansion of their businesses. The report also entails significant information about the key players such as the revenue generated, production rate, current developments, and market share captured by each player along with the competitive landscape.
The report also provides considerable information regarding the key strategic improvements such as business collaborations, mergers, and acquisitions that are facilitating considerable growth of the market. Moreover, the report elucidates key growth drivers, opportunities, trends, and opportunities in the homopolymer acrylic filter bags market.
Report Attribute |
Details |
Market Size in 2022 |
USD 930 Million |
Projected Market Size in 2030 |
USD 1240 Million |
CAGR Growth Rate |
4.20% CAGR |
Base Year |
2022 |
Forecast Years |
2023-2030 |
Key Market Players |
BCE, Autotech Nonwovens, W. L. Gore & Associates Inc., Shivam Filters, Filter Services Ltd., HL Filter USA LLC, Albarrie Environmental Services, Donaldson Company, SLY Inc., and Zonel Filtech. |
Key Segment |
By Coating, Surface Finish, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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The analysts carried out analytical research of the global homopolymer acrylic filter bags market through tools such as SWOT analysis and PESTLE analysis. Porter's Five Forces framework was used to examine the buyers' & suppliers' potential.
Homopolymer acrylic bags are extensively used in multiple sectors. With the significant consumption of electricity, especially in the developed and industrialized countries, the demand for the homopolymer acrylic filter bags has been increasing phenomenally. Owing to its huge mechanical strength and anti-static property, the product is utilized in power generating industries.
Moreover, the homopolymer acrylic filter bags serve as air filters by capturing airborne particulates within the range of few micrometers including tiny metals, cement particles, chemicals, and pharmaceutical products. The globally rising air pollution concerns are likely to fuel the demand for homopolymer acrylic products.
However, polyester and polypropylene filter bags are preferred over acrylic bags owing to their reasonable price and are resistant to alkalis. Furthermore, acrylic-based products are unable to tolerate high temperatures, which are impeding the growth of the global homopolymer acrylic filter bags market.
The global homopolymer acrylic filter bags market is segmented based on the coating, surface finish, application, and geography. By coating, the global market is bifurcated into flame retardant, anti-acid, oleophobic, PTFE coating, anti-static, and hydrophobic. By the surface finish, the global market is categorized into plain and calendaring & singeing. By application, the market is classified into power generation, pharmaceuticals, coal, oil & gas, food & beverage, metal, cement, dyeing & printing, and chemicals. By region, the market is divided into North America, Latin America, the Asia Pacific, Europe, and the Middle East & Africa.
Some of the key players propelling the global homopolymer acrylic filter bags market are :
The global homopolymer acrylic filter bags market is segmented as:
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