Press release
Industrial Emission Control Systems Market - Global Industry Analysis 2023
With the help of chemical reaction, absorption, catalytic combustion, oxidation, and adsorption, industrial emission control systems collect and convert harmful pollutants. The selection of industrial emission control systems depends on the source of emission and the category of pollutant. The manufacturing units, chemical process industries, and large-scale power plants are the major sources of industrial emission.
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The adverse impacts of global warming have led governments across nations to implement stringent environmental regulations, thereby supporting the growth of the global industrial emission control systems market. In the emerging nations, rapid industrialization and rise in global trade has also boosted the growth of the market. However, the usage of conventional technology in industrial emission control systems might impede the market’s growth during the period between 2015 and 2023. The rise in population and increasing demand for electricity hold significant potential for the growth of the market in the coming years.
On the basis of emission source, the report segments the global industrial emission control systems market into chemical process industry, power plants, waste to energy industry, marine industry, and others. In 2014, power plants dominated the overall market and accounted for 42.3% of the market.
According to device type, the report categorizes the global industrial emission control systems market into catalytic reactors, electrostatic precipitators, filters, incinerators, and others. Electrostatic precipitators held 36.2% of the market in 2014 and emerged as the largest device segment in the market.
The report studies the global industrial emission control systems market across four key regions: Asia Pacific, Europe, North America, and Rest of the World. Rapid industrialization across emerging nations has boosted the demand for industrial emission control systems. In the coming years, Asia Pacific is expected to hold significant opportunity for the growth of the market owing to the growing demand for industrial emission control systems across India, China, and Japan.
Describing the competitive hierarchy, the report profiles some of the key vendors in the global industrial emission control systems market such as Alstom Group, AMEC Foster Wheeler PLC, Babcock & Wilcox Enterprises Inc., Fuel Tech Inc., GEA Group AG, Mitsubishi Hitachi Power Systems Limited (MHPS), Haldor Topsoe A/S, CECO Environmental Corp., Johnson Matthey PLC, and BASF Catalysts LLC. The profiles of the market players include attributes such as company overview, business strategies, financial overview, and recent developments.
Global industrial emission control systems market has been segmented as:
Industrial Emission Control Systems Market: By Emission Source
Power Plants
Chemical Process Industry
Marine Industry
Waste to Energy Industry
Other Industries
Industrial Emission Control Systems Market: By Device Type
Electrostatic Precipitators
Catalytic Reactors
Incinerators
Filters
Others
Industrial Emission Control Systems Market: By Region
North America
Europe
Asia Pacific
Rest of the World
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
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