Press release
Industrial Emission Control Systems Market Key Information By Top Key Player Mitsubishi Hitachi Power Systems, Johnson Matthey, BASF, Amec Foster Wheeler, Ducon Technologies, General Electric Company
Industrial Emission Control Systems Market, Global Industrial Emission Control Systems Market Size
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. Industrial Emission Control Systems Market size is expected to exceed USD 24 billion by 2024; as per a new research report.
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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.
Key insights from the report include:
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,
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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. Metal industry application was valued over USD 1 billion in 2015 and is expected to witness gains of over 8% during the forecast period.
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.
Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Industrial Emission Control Systems Industry Insights
Chapter 4 Industrial Emission Control Device Insights
Chapter 5 Industrial Emission Control Systems Emitting Industry Insights
Chapter 6 Industrial Emission Control Systems Regional Insights
Chapter 7 ndustrial Emission Control Systems Market Competitive Insights
For more information on this report, Please visit at: https://www.marketstudyreport.com/reports/industrial-emission-control-systems-market/?utm_source=OPR-SP
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