Industrial Emission Control Systems Market, By Equipment Type & Emission Source, Industry Analysis, Forecast 2023
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The global market for industrial emission control systems is driven by the stringent emission regulations, growth in the cement and coal power industries and increase in industrialization in developing countries. The growth in coal power sector in developing countries, such as India and China, also drives the market as the industry growth accounts for increased demand for emission control systems.
Factors that restrict the market growth are rise in use of alternate sources for power generation and reduction in investments in coal power from developed countries such as U.S., Germany, and other European countries. Countries in these regions are investing in alternate power sources such as wind, solar, and hydroelectric projects that generate minimal emissions, which further minimizes the use of these systems.
The global market is segmented based on equipment type, emission source, and geography. Based on equipment type, it is categorized into electrostatic precipitators, fabric filters, catalytic reactors, scrubbers, thermal oxidizers, cyclones, and others (biofilters, carbon adsorbers). Electrostatic precipitators occupied the highest share in the market. They are applicable in power plants, paper mills, smelters, cement plants, and petroleum refineries. High adoption of these equipment is due to their capability to operate at over 99% efficiency, low operating costs, and ability to handle large gas flow rates.
Based on emission source, the market is segmented into power generation, chemical, cement, mining & metals, pulp & paper, manufacturing, and others. Power generation was the most dominant end-user segment for emission control systems in 2015 and is expected to maintain its dominance over the forecast period. The mining & metal processing segment is expected to be the fastest growing segment among different emission sources. The growth for these equipment in mining industry is due to stringent emission standards and growth in metal processing industry.
The market is analyzed on the basis of four regions, namely, North America, Europe, Asia-Pacific, and LAMEA, along with their prominent respective countries. Asia-Pacific is the major contributor to the revenue, followed by North America. Governments in these regions have implemented stringent regulations to effectively regulate emissions from the industrial segment. The market in Asia-Pacific is driven by the newly formulated mercury emission regulations.
• In-depth analysis of the global industrial emission control systems market, with current trends and future estimations to elucidate the imminent investment pockets, is provided.
• The report presents information regarding key drivers, restraints, and opportunities with a detailed impact analysis.
• Porter’s Five Forces Model analyzes the market competitiveness by studying various parameters such as threat of new entrants, threat of substitutes, strength of the buyers, and strength of the suppliers operating in the market.
• Value chain analysis signifies the key intermediaries involved and elaborates their roles and value additions at every stage.
• The quantitative analysis of the market from 2014 to 2022 is provided to elaborate the market potential.
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By Equipment Type
• Electrostatic Precipitators
• Fabric Filters
• Cyclone Separators
• Thermal Oxidizers
• Catalytic Reactors
By Emission Source
• Power Generation
• Chemical & Petrochemical
• Pulp & Paper
• Mining & Metals
• North America
• Rest of Europe
• South Korea
• Rest of Asia-Pacific
• Latin America
• Middle East
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• General Electric Company
• Mitsubishi Hitachi Power Systems
• Fujian Longking Co., Ltd
• Johnson Matthey PLC
• Ducon Technologies Inc.
• Babcock & Wilcox Co.
• Amec Foster Wheeler PLC
• CECO Environmental Corp
• Hamon Corporation
• Thermax Ltd
• BASF SE
Other players in the value chain include (profiles not included in the report):
• APC Technologies Inc.
• Auburn Systems LLC
• Air Clean LLC
• Epcon Industrial Systems
• Anguil Environmental Systems
• PPC Air Pollution Control Systems
• Advanced Cyclone Systems
• Dust Control Systems Ltd
• Pennar Industries
• Marsulex Environmental Technologies
• United Air Specialists Inc.
Table Of Content
• CHAPTER 1 INTRODUCTION
• CHAPTER 2 EXECUTIVE SUMMARY
• CHAPTER 3 MARKET OVERVIEW
• CHAPTER 4 INDUSTRIAL EMISSION CONTROL SYSTEMS MARKET, BY EQUIPMENT TYPE
• CHAPTER 5 INDUSTRIAL EMISSION CONTROL SYSTEMS MARKET, BY EMISSION SOURCE
• CHAPTER 6 INDUSTRIAL EMISSION CONTROL SYSTEMS MARKET, BY REGION
• CHAPTER 7 COMPANY PROFILE
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