Press release
End-of-Pipe Air Pollution Control Equipment Market to Hit US$ 65.5 Billion by 2034, Growing at a 6.0% CAGR from 2024
The global end-of-pipe air pollution control equipment market (エンドオブパイプ大気汚染防止装置市場) was valued at US$ 36.1 billion in 2023. It is projected to grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2034, reaching US$ 65.5 billion by 2034.Download Sample Report Copy Here: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2654&utm_source=OpenPR_Sandeep&utm_medium=OpenPR
Analyst Viewpoint
The market growth is driven by increasing regulatory pressure to meet emission limits and the rising prevalence of respiratory diseases. Governments worldwide are implementing stringent regulations to control emissions from various sources, including chemical plants, utilities, and steel mills, boosting the demand for air emission control systems.
Market Introduction
End-of-pipe air pollution control equipment is used to reduce or eliminate the emission of harmful substances into the atmosphere. These systems are essential in industries such as power generation, food processing, raw material refining, and nuclear power plants.
Key technologies include:
Adsorbers
Fabric Filters
Scrubbers
Catalytic Converters
Electrostatic Precipitators
Advanced adsorbents such as activated carbon, zeolites, and polymers are employed to remove gaseous pollutants from air streams.
Market Drivers
Regulatory Pressure: Stringent emission regulations are driving the demand for advanced air pollution control technologies.
Health Concerns: Increasing cases of respiratory diseases like COPD and asthma are pushing the adoption of effective air pollution control measures.
Regional Outlook
Europe: The largest market share in 2023, driven by stringent emission regulations under the European Green Deal.
Asia Pacific: Significant growth due to rising industrial activities and increasing respiratory disease cases.
Key Players
ALSTOM SA
A TEC Production & Service GmbH
FLSmidth
Fisia Babcock Environment GmbH
Hosokawa Micron Group
Termokimik Corporation
Wood Plc
Valmet
These companies are focusing on developing advanced monitoring and control systems to optimize air pollution control performance.
Key Developments
OK Play India and Mann & Hummel Partnership: Introduction of new air purifiers and filter systems to tackle air pollution (February 2024).
Anguil Environmental Systems Inc. Acquisition: Formation of Anguil Industrial, LLC, and acquisition of Young & Bertke Air Systems Company (April 2024).
Market Segmentation
By Product Type:
Power System Controls
Food Processing Controls
Raw Material Refining Controls
Nuclear Power Plant Controls
Others
By Equipment Type:
Adsorbers
Fabric Filters
Scrubbers
Catalytic Converters
Electrostatic Precipitators
Others
By Application:
Acid Gas Control
Gas Scrubbing
Mercury Control
Particulate Matter Control
Others
By End-user:
Government & Utility
Industrial Sector
Commercial Sector
Residential Sector
Others
Regional Coverage
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Countries Covered
U.S.
Canada
Germany
U.K.
France
Italy
Russia & CIS
Japan
China
India
ASEAN
Brazil
Mexico
South Africa
GCC
Future Outlook
The end-of-pipe air pollution control equipment market is poised for substantial growth due to increasing regulatory pressure and rising health concerns related to air quality. The market's expansion will be driven by technological advancements and increasing investments in emerging markets.
Conclusion
The end-of-pipe air pollution control equipment market (Markt für End-of-Pipe-Geräte zur Luftreinhaltung) is on a robust growth trajectory, driven by regulatory measures and health concerns. Innovations in technology and strategic market activities by key players are expected to further propel market growth, making it an attractive investment opportunity.
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Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
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