The global filter bag market features a large number of both large and small players. However, select leading players such as BWF Envirotech., Eaton Corporation, and Clarcor Inc., dominate the market presently, collectively accounting for close to two-third of the market’s revenue share in 2015, observes Transparency Market Research in a recent report. Competition is intense in regional markets such as Asia Pacific, where domestic manufacturers outdo large international players with low cost products and strong partnerships with domestic OEMs across several application areas. An effective growth strategy for large players would be to strengthen existing sales channels and expand operations across regional markets with untapped growth opportunities. Air Filter Bags to Retain Dominance among Key Product Varieties The key varieties of filter bags in the global market can be segmented into liquid filter bags and air filter bag. Of these, the segment of air filter bags finds enor...