NEWS RELEASE FEBRUARY 2012
$6 Billion Fabric Filter Systems Market in 2012
Worldwide sales of fabric filter systems will be just under $6 billion according to the latest forecast in World Fabric Filter and Element Market published by the McIlvaine Company.
The stone and cement and industry will continue to lead the way with purchases of nearly $2 billion.
World Fabric Filter Systems Market ($ Millions)
Industry 2012
Asphalt 480
Chemical 190
Food 56
Industrial Boilers 43
Metals 365
Mining 411
Other Industries 739
Pharmaceutical 38
Power – New 464
Power – Retrofit 79
Pulp & Paper 102
Steel 1,108
Stone & Cement 1,907
Waste Incinerators 130
Total 6,112
The utility industry will be a minor purchaser this year but will become a leading sector next year. New air toxic rules in the U.S. require coal-fired generators to meet low particulate emission levels. EPA predicts that up to 100 fabric filters will be needed to meet these regulations. The cost of the average fabric filter system when installed will be in excess of $40 million. The $4 billion expenditure would be spread out over the 2013-15 period.
China will be the biggest purchaser in part because of its very large cement industry. It is also the largest producer of steel.
In addition to the systems, plants will spend $2.4 billion for replacement bags and cartridges. Bags are replaced every 3-5 years in most applications. Bags for high temperature applications will cost up to ten times as much as those for low temperature service. Membranes with non-woven substrates are gaining market share over conventional needle felt composition.
For more information on World Fabric Filter and Element Market, click on: http://www.mcilvainecompany.com/brochures/air.html#n021
