Advanced Materials and Chemicals

Liquid Filter Bag Market

Global Industry Analysis and Forecast 2023-2030

Pages : 120

Base Year : 2022

Released Year : November 2023

Format :Pdf Ppt Xls

Report ID:KR282

Author : Shreya S.

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Base Year

2022

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Forecast Year

2023-2030

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Historical Years

2018-2021

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Market Value (2022)

USD 1,868.8 Million

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Forecasted Value (2030)

USD 2,819.4 Million

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CAGR (2023 – 2030)

5.37%

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Fastest Growing Region (2023 - 2030

Asia Pacific

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Largest Region

Asia Pacific

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By Type

Monofilament Mesh Filter Bags, Multifilament Mesh Filter Bags

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By Material Type

Polypropylene, Polyester, Nylon, Polytetrafluoroethylene (PTFE), Others

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By End-User

Industrial, Paints and Coatings, Petrochemical, Food & Beverages, Pharmaceutical & Healthcare, Others


Market Perspective

The global Liquid Filter Bag Market was valued at USD 1,868.8 million in 2022 and is projected to reach USD 2,819.4 million by 2030, growing at a CAGR of 5.37% from 2023 to 2030.

Some major factors contributing to the liquid filter bag market's expansion are the growing number of environmental regulations and the requirement for cutting-edge filtration technologies that boost production processes. The increased focus on sustainability and minimizing waste is reflected in the improvement of environmentally friendly filtration systems. Advances in sensor technology and automation have enabled the development of intelligent filter bags. Growing demand from end-use industries such as food and beverages, pharmaceuticals, and water treatment is expected to drive the growth of the liquid filter bag market through the forecast period.

However, certain problems with the collector, such as improper operation or maintenance problems, can cause the filter bag to have a shorter life, reduce its efficiency, and require more frequent replacement.

Analyst’s Review on Liquid Filter Bag Market

Advancements in liquid filter bags include the use of new materials, sealing technology, or filtration media to enhance the performance and effectiveness of the filtration process. The use of nanofiber filter material has gained popularity in liquid filter bags. Some manufacturers have developed self-cleaning filter bags that minimize clogging and extend the life of the filter material. The filtration bags utilize various techniques, including backwashing or mechanical agitation, to eliminate trapped particles and ensure efficient filtration. To meet specific filtration requirements, novel filter materials like fibers infused with activated carbon or fabrics treated with antimicrobial agents have been developed. In addition to particle filtration, these media offer additional functions such as deodorization or bacteria reduction. These bags are equipped with sensors that monitor parameters such as pressure drop, flow rate, or filter condition. Ongoing innovations aim to improve filtration efficiency, reduce maintenance costs, and enhance the overall efficiency of liquid filter bags.

Market Definition

A liquid filter bag is a type of filtration device used to remove solid particles or impurities from a liquid. Liquid filter bags are usually made of porous materials such as woven or non-woven fabrics and are generally used for the clarification and filtration of fluids that have a noticeably low loading of debris to be removed. Liquid filter bags are available in different sizes to meet different flow rates and filtration requirements. They have a retention efficiency, which describes their ability to capture particles of a certain size, and they are compatible with a wide range of liquids, including water, chemicals, oils, and many other liquids. The products frequently feature a design that is easy to use, which enables simple installation and replacement. They incorporate built-in handles, locking rings, or similar mechanisms that aid in swift and effective bag exchanges.

Market Dynamics

The mining and cement manufacturing industries are experiencing an increase in demand for liquid filter bags owing to the use of effective filtering systems in cement manufacturing facilities and mines to reduce air pollution and emissions, which boosts output and product quality. To withstand tough industrial settings and offer long-lasting filtering solutions, the filter bags are also built of sturdy materials. Therefore, there is a rising need for liquid filter bags, especially pulse-jet filter bags, in the mining and cement industries. Manufacturers focus on developing innovative and reliable liquid filter bags that meet environmental requirements and various customer requirements. Additional elements that might affect resistance to abrasion include the type of fabric or knit used to manufacture the bag, the chemical composition of the dust particles, and the longevity of the filter material. Therefore, manufacturers working in these fields install filter bags around the equipment according to the filter specifications. This is a lucrative opportunity for the growth of the liquid filter bag market.

Fluctuation in raw material prices is expected to act as a major restraint in the liquid filter bag market. Proper care and usage are essential to maintaining the performance of liquid bag filters. Regular cleaning, replacement of worn filters, and proper handling of the filter system can affect the overall effectiveness of bag filters. Some of the most common raw materials used to make filter bags are polypropylene, polyester, and nylon. During the production phase of filter materials, the variability in the cost of raw materials adds to extra expenses. The prices of materials like polypropylene and polyester have experienced fluctuations, and prominent filter manufacturers have raised the prices of their products. This, in turn, is impeding the growth of the liquid filter bag market.

Segmentation Analysis

The global liquid filter bag market is segmented based on type, material type, end-user, and geography.

Based on type, the market is bifurcated into monofilament mesh filter bags and multifilament mesh filter bags. Multifilament mesh filter bags attained a dominant position in 2022 with a market value of USD 1,212.68 million due to the benefits they provide over other types of filtration systems. In addition, compared to other liquid filtration systems, it is more energy-efficient, which enables the filtering of limitless amounts of non-turbid liquid. These bags eliminate microorganisms from the water sample, which drives segment growth.

Based on material type, the liquid filter bag market is classified into polypropylene, polyester, nylon, polytetrafluoroethylene (PTFE), and others. The polypropylene segment dominated the market with a value of USD 586.81 million in 2022. Polypropylene filter bags are in high demand for dust chamber filters in incinerators and coal-fired fire stations. This upsurge in demand is due to their great endurance in acidic environments and high temperatures in coal-fired power plants. It reduces power plant running costs as well as downtime for maintenance tasks.

Based on end-user, the liquid filter bag market is segmented into industrial, paints and coatings, petrochemical, food & beverages, pharmaceutical & healthcare, and others. The industrial segment dominated the market in 2022 with a revenue share of 28.69% due to the increasing demand for liquid filters to remove dirt, particles, or contaminants from liquid formulations. These filters help ensure a high-quality finish and maintain the integrity of the coating materials. The requirement for effective filtration systems, specifically liquid filters, is on the rise due to the growing demand for paints and coatings.

Geographical Analysis

Based on region, the global liquid filter bag market is classified into North America, Europe, Asia Pacific, MEA, and Latin America.

Liquid Filter Bag Market Size & Share, By Region, 2023-2030

The Asia-Pacific region dominated the market with a value of USD 832.37 million in 2022, mainly due to population growth, growing industrialization, and the strengthening of environmental safety regulations. Furthermore, product demand in this region is experiencing a significant boost due to the rapid expansion of the chemical, mining, and pharmaceutical sectors, particularly in China, India, and Indonesia. As a result, the demand for domestic water treatment is projected to surge, thereby driving the need for liquid filtration and ultimately contributing to the growth of the market in the forthcoming years.

North America is the second largest region, with a market value of USD 428.52 million in 2022. The widespread adoption of automated filtration technologies in industrial applications is fueling the growth of the market. Advances in the mining, chemical, and food & beverage industries drive the demand for liquid filter bags in these sectors. In addition, continuous research and development in the filtration process of liquids contributes to the growth of the regional market.

Competitive Landscape

The global liquid filter bag market study will provide valuable insights, with an emphasis on the fragmented nature of the industry. Prominent players are focusing on several key business strategies, such as partnerships, mergers & acquisitions, product innovations, and joint ventures, to expand their product portfolio and increase their respective market shares across different regions. The major players in the liquid filter bag market are:

  • AJR Filtration
  • Ami Enterprises
  • Atlas Copco Group
  • Donaldson Company, Inc.
  • Filter Concept Private Limited
  • Hongtek Filtration Co., Ltd.
  • Pentair
  • Strainrite
  • 3M
  • PARKER HANNIFIN CORP

The global Liquid Filter Bag Market is segmented as:

By Type

  • Monofilament Mesh Filter Bags
  • Multifilament Mesh Filter Bags

By End-User

  • Industrial
  • Paints and Coatings
  • Petrochemical
  • Food & Beverages
  • Pharmaceutical & Healthcare
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • UK
    • Spain
    • Germany
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • North Africa
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
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  • Check Icon Additional Company Profiles
  • Check Icon Additional Countries
  • Check Icon Cross Segment Analysis
  • Check Icon Regional Market Dynamics
  • Check Icon Country-Level Trend Analysis
  • Check Icon Competitive Landscape Customization
  • Check Icon Extended Forecast Years
  • Check Icon Historical Data Up to 5 Years
Frequently Asked Questions (FAQ's)
The global liquid filter bag market is projected to reach USD 2,819.4 million by 2030, growing at a CAGR of 5.37% from 2023 to 2030.
The global liquid filter bag market was valued at USD 1,868.8 million in 2022.
The liquid filter bag market growth is accelerated by the major driving factors which encompass environmental and protection regulations, and the need for advanced filtration technology to improve productivity.
Top manufacturers of liquid filter bag market are AJR Filtration, Ami Enterprises, Atlas Copco Group, Donaldson Company, Inc., Filter Concept Private Limited, Hongtek Filtration Co., Ltd., Pentair, Strainrite, 3M, PARKER HANNIFIN CORP, and others.
Asia-Pacific is the fastest growing region with the CAGR of 6.17% in the forecasted period (2023-2030) with the market value forecasted to reach at USD 1,338.42 million.
By type, multifilament mesh filter bags will hold the maximum share in the liquid filter bag market with the revenue value of USD 1,917.73 million in 2030.
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