Global Air Pollution Control Systems Market, 2018-2025 - Market Size is Expected to be Valued at USD 98.17 Billion by 2025, Registering a 5.0% CAGR
DUBLIN, Sept. 25, 2018 /PRNewswire/ --
The "Air Pollution Control Systems Market Size, Share & Trends Analysis Report By Product (Scrubbers, Catalytic Converters, Thermal Oxidizers, Electrostatic Precipitators), By Application, And Segment Forecasts, 2018 - 2025" report has been added to ResearchAndMarkets.com's offering.
The global air pollution control systems market size is expected to be valued at USD 98.17 billion by 2025, registering a 5.0% CAGR during the forecast period. Rampant gas emissions from mining and construction sectors is projected to boost market growth.
Increasing adoption of air pollution control systems, rising awareness towards the importance of ecological conservation, and ongoing efforts to promote adoption of renewable fuels over fossil fuels is predicted to boost the global market. Numerous countries are announcing strict regulations to substantially reduce rampant use of fossil fuels that result in extensive emissions harmful gases and particulate matter.
Polluted air contains harmful substances in high concentrations and this can have undesirable effects on the ecology. Adverse effects include damage to human health, flora and fauna, and the environment at large. The eco system is vulnerable to pollution from natural sources and human activities. Combustion processes are among the largest originators of air contaminants, and industries that need combustion at the core of their processes are said to be major contributors to air pollution.
Scrubbers, both gas and chemical ones, are commonly used air pollution control equipment. Catalytic converters are air pollution control systems that convert hazardous pollutants and gases emitted by industrial exhausts into non-hazardous particulate matter by enabling a redox reaction, where there is a reduction and an oxidation reaction.
Chemical industries are some of the most prominent users of air pollution control systems.These include manufacturers of basic chemicals, specialty chemicals, consumer chemicals, and niche chemicals.
Further key findings from the report suggest:
- The U.S. air pollution control systems market is predicted to exhibit a CAGR of 3.9% over the forecast period. Beneficial government regulations, coupled with economic and financial benefits offered for controlling the pollution, are expected to encourage industry growth in the regional market
- The U.K. market was valued at USD 3.6 billion in 2017. The Department for Environment, Food, and Rural Affairs (DEFRA) is entrusted with the responsibility of regulating and monitoring levels of particulate matter and other harmful gases in the air. According to a 2017 report by the Royal College of Physicians and the Lancet Countdown on Health and Climate Change, 44 cities in the country have reported air quality below the recommended World Health Organization guidelines
- China is among the largest markets in the Asia Pacific region, owing to growing industrial and mining activities in the region. In 2016, the country's Ministry of Environmental Protection stated that 84 out of 338 prefecture-level cities had accomplished the national air quality standard.
Key Topics Covered:
Chapter 1 Methodology and Scope
1.1 Research methodology
1.2 Research scope and assumptions
1.3 List of data sources
1.4 List of Abbreviations
Chapter 2 Executive Summary
2.1 Market snapshot
Chapter 3 Market Variables, Trends & Scope
3.1 Market segmentation
3.2 Penetration & growth prospect mapping, 2014 - 2025
3.3 Value chain analysis
3.4 Regulatory framework
3.5 Market dynamics
3.6 Market driver analysis
3.6.1 Increasing air pollution
3.6.2 Rising global population
3.6.3 Growing health awareness
3.7 Market restraint analysis
3.7.1 High adoption and maintenance costs
3.7.2 Lack of investment in safety systems
3.8 Industry Analysis - Porter's
3.9 PESTEL Analysis
Chapter 4 Air Pollution Control Systems Market: Application Estimates & Trend Analysis
4.1 Application market introduction, 2018 & 2025
4.2 Cement
4.3 Iron & Steel
4.4 Chemical
4.5 Power Generation
4.6 Others
Chapter 5 Air Pollution Control Systems Market: Product Estimates & Trend Analysis
5.1 Product market introduction, 2018 & 2025
5.2 Scrubbers
5.3 Thermal oxidizers
5.4 Catalytic converters
5.5 Electrostatic precipitators
5.6 Others
Chapter 6 Air Pollution Control Systems Market: Regional Estimates & Trend Analysis
Chapter 7 Competitive Landscape
7.1 Vendor Landscape
7.2 Strategy Framework
Chapter 8 Company Profiles
- Babcock & Wilcox Enterprises, Inc.
- Mutares AG
- Elex AG
- FLSmidth & Co. A/S
- Feida Group Company Limited
- KC Cottrell Co., Ltd.
- S.A. Hamon
- Beltran Technologies Inc.
- John Wood Group PLC
- Southern Erectors, Inc.
- Tianjie Group Co. Ltd.
- Mitsubishi Hitachi Power Systems, Ltd.
- Fujian Longking Co., Ltd.
- Siemens AG
- Thermax Global
For more information about this report visit https://www.researchandmarkets.com/research/hwtx9n/global_air?w=5
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