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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com U.S. Baghouse Filters Market – USD 85 Million revenue by 2024: Fractovia.org
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com 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. 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. Key Insights of U.S. Baghouse Filters Market:
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com 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. Continued…
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com U.S. Baghouse Filters Market Share for Woodworking Industry, By Product, 2016
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report Of U.S. Baghouse Filters Market @ http://bit.ly/2AGLRyv http://bit.ly/2AGLRyv Request for a Sample of this Research report @ https://www.fractovia.org/request-sample/531
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com 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 Staclean Diffuser Co. Continued….
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