Vacuum Pump Dust Filter Market to Witness Growth Acceleration During 2017 to 2022

Posted on 2019-06-26 by Mark Hub in Retail // 0 Comments

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In order to dissert the market scenario prevailing across the vacuum dust filters market sector, FactMR has evenly presented a comprehensive market analysis to its extensive online repository. With all vital market facets enclosed into this single assessment, readers can learn about different market drivers, opportunities and trends which are likely to influence the overall market space for the vacuum pump dust filter market in the coming years. In addition, factors such as market size, Y-o-Y growth and revenue share are investigated so as to make this research highly authentic and reliable.

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A steady spike in purchasing power, growing awareness of health and hygiene concerns, and a greater number of women joining the workforce leave precious little time for household chores, fuelling the vacuum cleaner market. The growth of the vacuum dust filter market is directly linked to that of the vacuum cleaner market. Furthermore, continuous innovations in vacuum cleaners coupled with an increasingly tech-savvy population is predicted to benefit the global vacuum dust filter market that is projected to be worth almost US$ 27 million by end 2022.

The HEPA filters segment comprised roughly a sixth of the global vacuum dust filter market in 2017 but is poised to lose significant market share going forward. The HEPA filter segment is expected to have a value of more than US$ 4 million at the end of the forecast period. The HEPA filters segment is followed by the micro fresh filters segment in the vacuum dust filter market with a revenue share of one-seventh. The North America micro fresh filters market is the only one anticipated to be worth one million by the end of the forecast period.

The washable filters and pet filters segment account for a similar revenue share in the vacuum dust filter market by product type with the latter on track to gain BPS. Nonetheless, the washable filters segment is assessed to witness a moderate CAGR of little over 4.5% from 2017 to 2022, making it unwise to ignore entirely in the vacuum dust filter market. Along with North America, companies are advised to focus on Latin America as it is estimated to grow faster than Europe over the course of the five-year forecast.

The mining and construction had a market share of 2/5th in the vacuum dust filter market by end user at the end of 2017. The construction segment is assessed to gain slight share while the mining segment is likely to lose share over the duration of five years. An absolute dollar opportunity of just under US$ 1.5 million is waiting to be tapped in the mining segment of the vacuum dust filter market from 2017 to 2022. Latin America with its abundant mineral wealth is the region to look out for in the mining segment of the vacuum dust filter market

Competition Dashboard in the Vacuum Dust Filter Market

A few of the key stakeholders actively involved in the vacuum dust filter market have been profiled in the report. The companies include Global Road Technology, Quaker Chemical Corporation, Donaldson Company, Nederman Holding AB, Camfil, JKF Industri A/S, Sly Environmental Technology Ltd., and Beltran Technologies.

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