Fabric Filters Market to Hit $6.1 Bil. in 2007

In 2007, power plants, mines, and industrial companies will spend $6.1 billion for fabric filter equipment, systems, and elements to purify stack gases, according to a report by the McIlvaine Company (www.mcilvainecompany.com). In its report, titled “Fabric Filter and Elements World Markets,” McIlvaine predicts revenues in this market will increase at 6 percent per year over the next five years.

The report points to several factors for increasing demand for fabric filters, including the requirement for 99 percent dust removal in the power and cement plants; and the perception among end-users that fabric filteration is the most efficient method for particulate control.

According to McIlvaine, another factor driving demand for fabric filters is the rapid growth of heavy industry in Asia, as steel mills, foundries, chemical plants, and cement producers are expanding throughout the region.