Air Pollution Control Systems Market Forecasts to 2028 – Global Analysis By Product (Scrubbers, Catalytic Converter, Electrostatic Precipitators), Application (Cement, Chemicals) and By Geography
According to Stratistics MRC, the Global Air Pollution Control Systems Market is accounted for $78.49 billion in 2020 and is expected to reach $134.87 billion by 2028 growing at a CAGR of 7.0% during the forecast period. Raising awareness towards the importance of ecological conservation, strict regulations to substantially reduce rampant use of fossil fuels and rapid industrialization in a number of developing & developed countries are major factors driving the growth of the market. However, lack of investment in safety systems is hampering the market.
Air pollution control systems offer solutions for the treatment of the pollutants and gases and set in motion for the release of cleaner air. Air quality plays an important factor to be maintained because of harmful and toxic pollutants which bring health effects. These toxic pollutants could be from emissions from industries such as chemical processing, oil and gas refining, power generation and cement manufacturing among others.
By product, electrostatic precipitators segment is experiencing considerable market growth, As it including coal-fired plants, thermal, or steam power plants, widely use electrostatic precipitators owing to strict government rules, environmental laws, and surge in air pollution level in various operations. A wide variety of control technologies have been installed by utilities throughout the world to reduce the emissions of these pollutants in power generation industry.
Based on the geography, Asia Pacific is dominating the market during the forecast period. As large-scale investments in core industries such as chemical manufacturing, power generation, and mining are projected to augment market growth. In addition, China is among the largest markets in the Asia Pacific region, due to growing industrial and mining activities in the province.
Some of the key players profiled in the Air Pollution Control Systems Market include Airex Industries Inc., Andritz AG, Babcock & Wilcox Enterprises Inc., Camfil AB, Donaldson Co. Inc., General Electric Co., Mitsubishi Heavy Industries Ltd, RAFAKO GROUP, Sumitomo Heavy Industries Ltd, Thermax Ltd.
• Catalytic Converter
• Electrostatic Precipitators
• Flue Gas Desulphurization
• Iron & Steel
• Power Generation
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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