GMI

U.S. Baghouse Filters Market for woodworking industry over $85mn by 2024

Press Release   •   Nov 15, 2017 06:09 EST

U.S. Baghouse Filters Market is highly influenced by the strict legislations enforced by numerous governmental organizations like OSHA, EFPA, and EPA. Greater impositions on the manufacturing units to comply with these regulatory norms for ensuring a safe work environment is expanding the U.S. baghouse filters industry reach. Positive outlook of the Americans toward home furnishing and remodeling have substantially increased the product demand from woodworking industry. In this regard, it is important to note that flourishing window and door market which is projected to hold a remarkable valuation of USD 137 billion by 2024, will prove to be an important factor favoring the U.S. baghouse filters industry augmentation in the coming years.

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Considering the topographical penetration, Texas is likely to hold a strong command over the overall U.S. baghouse filters industry, subject to the latest fad toward crafted furniture in this region. The craft work on woody furniture piles a huge amount of waste, which can be given the prime credit for the increasing baghouse filters demand in Texas. As per estimates, U.S. baghouse filters market share from Texas will record a revenue of USD 3.5 million by the end of 2024. Other than Texas, Florida also experiences a lucrative business space. Presence of a handful number of reputed manufacturers such as Kempfer Sawmill in the state drives the market expansion.

Keeping along the similar lines, the growing number of planning mills and saw mills across Texas and Florida are also allowing the market penetration from lumber applications which is slated to exceed USD 20 million by 2024. In addition, easy accessibility of transportation facilities along with effective distribution channel is stimulating U.S. baghouse filters market from this domain. Cabinetry application will also chart a profitable curve, subject to the trend of implementing ‘smart’ concept at all levels. Of late, increasing number of cabinet installations in kitchens, bedrooms, bathrooms, and offices will allow U.S. baghouse filters market from cabinet application to grow at a CAGR of 4% over 2016-2024.

Pulse, shaker, jet, and reverse air baghouse filters encompass the product landscape of U.S. baghouse filters market. Among the four, reverse air baghouse filters observe a high demand. This is quite evident from the product’s extensive utilization in cabinetry woods, lumber applications, sawmills, and veneer industry. With NFPA standardization pertaining to dust control and industrial safety norms, reverse baghouse filters are expected to cover the major portion of the market by collecting a revenue of USD 45 million by the end of 2024.

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The overall industry from woodworking sector is highly concentrated. With leading companies focusing on expanding the product portfolio, it is no more a supposition that U.S. baghouse filters market space in the next few years will turn out to be fiercely competitive. As per Global Market Insights, Inc., “U.S. baghouse filters market for woodworking industry is forecast to exceed a revenue of USD 85 million by 2024, with 4% projected CAGR over 2016-2024.” Some of the key industry participants covering a major portion of the market include Camcorp, Imperial Systems, Donaldson Company, Mac Process, Griffin Filters, and Staclean Diffuser Co.

Report Content :

Chapter 1 Methodology & Scope

1.1 Research Methodology

1.1.1 Initial data exploration

1.1.2 Statistical model and forecast

1.1.3 Industry insights and validation

1.1.4 Definition and forecast parameters

1.2 Data Sources

1.2.1 Primary

1.2.2 Secondary

Chapter 2 Executive Summary

2.1 U.S baghouse filters industry 3600 synopsis, 2013 - 2024

2.1.1 Business trends

2.1.2 Regional trends

2.1.3 Product trends

2.1.4 Application trends

Chapter 3 U.S Baghouse Filters Industry Insights

3.1 Industry segmentation

3.2 Industry landscape, 2013 - 2024

3.3 Industry ecosystem analysis

3.3.1.1 Vendor matrix

3.3.2 Distribution channel analysis

3.3.2.1 Service Providers

3.3.2.2 Technology providers

3.3.2.3 Online retailers

3.3.3 Partner/supplier analysis

3.4 Technology landscape

3.5 Pricing analysis

3.5.1 Cost of fabrication filters

3.5.1.1 Equipment cost

3.5.1.2 Total capital investment

3.5.1.3 Total annual costs

3.5.2 Fabric filters

3.5.2.1 Shaker filters

3.5.2.2 Pulse jet filters

3.5.2.3 Reverse air filters

3.6 Comparison chart based on filter cleaning system

3.7 Industry impact forces

3.7.1 Growth drivers

3.7.1.1 Growth in wood working industry in U.S

3.7.1.2 Stringent regulations regarding worker’s safety

3.7.2 Industry pitfalls & challenges

3.7.2.1 Maintenance & cost concerns

3.8 Innovation & sustainability

3.9 Growth potential analysis

3.10 Porter’s analysis

3.11 Competitive landscape, 2016

3.11.1 Strategic dashboard

3.11.2 Company competency

3.12 PESTEL analysis

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.