Press release
Industrial Emission Control Systems Market Trend to 2024 Profiling Mitsubishi Hitachi Power Systems, Johnson Matthey, BASF, Amec Foster Wheeler, Ducon Technologies, General Electric Company, CECO Environmental Corp & More
Industrial Emission Control Systems
Industrial Emission Control Systems Market size is expected to exceed USD 24 billion by 2024. Increasing demand for electricity with growing infrastructure will drive global industrial emission control systems market size. Rising number of thermal power plants to suffice growing electricity demand from emerging countries may further compliment industry outlook.
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Positive outlook towards chemical, automobile, maritime transportation and refineries is anticipated to drive the industrial emission control systems market. Increasing construction spending may further compliment business growth.
Absorbers held 15% of global industrial emission control systems market share in 2015 and is slated to reach over USD 4 billion by 2024. These devices are undergoing significant technological advancements offering cost efficient manner for absorbing toxic gases from power plants, smelters and other industrial operations.
U.S. industrial emission control systems market share for absorbers was over USD 250 million in 2015, and would grow over 7% from 2016 to 2024. Presence of major international suppliers along with stringent emission norms have been instrumental in the growth.
China industrial emission control systems market size for power plants is likely to reach over USD 1 billion by 2024. Increasing population coupled industrialization is likely to favor the business,
Catalytic systems are projected to reach over USD 6 billion by 2024.
Increasing O&G refining to meet the growing petroleum product demand will foster the business growth.
Belarus scrubber device is estimated to reach USD 40 million by 2024, at over 11% growth. Expansion of industries with growing power plants may favor the business in near future.
Brazil is expected to witness a growth over 8% owing to growing industrialization and along with increase in mining and O&G exploration.
Metal industry application was valued over USD 1 billion in 2015 and is expected to witness gains of over 8% during the forecast period.
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Germany industrial emission control systems market size from electrostatic precipitators device was valued at USD 242.88 million in 2015, growing at a CAGR of over 7% in future.
Saudi Arabia scrubbers demand was USD 44.01 million in 2015, growing at a CAGR of 5.3% from 2016 to 2024.
Key players catering industry are Mitsubishi Hitachi Power Systems, Johnson Matthey, BASF, Amec Foster Wheeler, Ducon Technologies, General Electric Company, CECO Environmental Corp, Thermax, Auburn Systems, Air Clean LLC, Fujian Longking Co, APC Technologies, Babcock &Wilcox Enterprises and Hamon Corporation.
Global Industrial Emission Control Systems Market by Device:
Electrostatic Precipitators
Catalytic Systems
Absorbers
Scrubbers
Others
Global Industrial Emission Control Systems Market by Application:
Power Plants
Chemicals and Petrochemicals
Cement
Metal
Manufacturing
Table of content:
Chapter 1. Methodology
Chapter 2. Executive Summary
Chapter 3. Industrial Emission Control Systems Industry Insights
Chapter 4. Industrial Emission Control Systems Technology Insights
Chapter 5. Industrial Emission Control Systems Application Insights
Chapter 6. Industrial Emission Control Systems Regional Insights
Chapter 7. Company Profiles
More Details on this Report At: https://www.marketstudyreport.com/reports/industrial-emission-control-systems-market
Related Report:
United States Industrial Emission Control Systems Market Report 2017
In this report, the United States Industrial Emission Control Systems market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
https://www.marketstudyreport.com/reports/united-states-industrial-emission-control-systems-market-report-2017/?utm_source=RR-PSR
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