Industrial Emission Control Systems Market Major industry participants include Johnson Matthey, BASF, Babcock & Wilcox Enterprises, Amec Foster Wheeler, Mitsubishi Hitachi Power Systems

Government standards towards clean air coupled with growing concern over greenhouse gas emission may favor the industrial emission control systems market share in future. Manufacturers and industries in the U.S. are required to follow the guidelines introduced by National Emission Standard for Hazardous Air Pollutants or Maximum Achievable Control Technology (MACT) to meet the emission criteria.

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.

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.

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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.

Undoubtedly, power plants are a major source of pollutant emissions – harmful gases, solid toxic particulates, acidic streams, and vapors emitted from these plants have harmed the global environment to no end. Subject to the restrictions mandated by the government regarding pollutant emissions, these plants are increasingly deploying emission control systems at their worksites. Industrial emission control systems industry size from power plant applications was worth more than USD 5 billion in 2015 and is anticipated to grow at a CAGR of 6% over 2016-2024.

In a bid to meet the growing demands for electricity, China has established numerous power plants across the country, subject to which the demand for emission control systems in the region is significantly high, especially from power generation companies. China industrial emission control systems market size from power plants may cross USD 1 billion by 2024, pertaining to the rapid industrialization and growing requirement for electricity.

Germany will be a key contributor toward Europe industrial emission control systems industry share, and will register a notable CAGR of 8% over 2016 to 2024. France industrial emission control systems market will also contribute significantly toward the regional growth, and will register a CAGR of more than 9% over 2016-2024, owing to the vast number of power projects and high economic growth of the region. Spain and Italy are touted to be other regional contributors.

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Report Content

Chapter 1 Methodology & Scope

1.1 Research Methodology

1.1.1 Initial data exploration

1.1.2 Statistical model and forecast

1.1.3 Industry insights and validation

1.1.4 Research scope and assumptions

1.2 Data Sources

1.2.1. Primary

1.2.2. Secondary

Chapter 2 Executive Summary

2.1 Industrial Emission Control Systems industry 3600 synopsis, 2013 - 2024

2.1.1 Current business environment

2.1.2 Device trends

2.1.3 Emitting industry trends

2.1.4 Regional trends

Chapter 3 Industrial Emission Control Systems Industry Insights

3.1 Industry segmentation

3.2 Industry size and forecast, 2013 – 2024

3.3 Industrial Emission Control Systems ecosystem analysis

3.4 Vendor landscape

3.5 Innovation & sustainability

3.6 Regulatory framework

3.6.1 U.S.

3.6.2 Europe

3.6.3 Brazil

3.6.4 China

3.7 Industrial Emission Control Systems industry impact forces

3.7.1 Growth drivers

3.7.1.1 Strong regulatory framework and industry standards for emission control

3.7.1.2 Rising demand for power and industrial goods

3.7.1.3 Globalization creating manufacturing centers in emerging nations

3.7.2 Industry pitfalls & challenges

3.7.2.1 Volatile geopolitical scenario

3.7.2.2 Operational and performance issues

3.8 Growth potential analysis

3.9 Porter’s analysis

3.10 Competitive landscape

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