Global Industrial Emission Control Systems Market to Reach $21,133 Million, by 2022Industrial & Construction Fasteners RetailUpdated on May 4, 2017 View more like this | Visit United States Minor Outlying Islands, UN | Contact Yesh Jadhav |
Industrial Emission Control Systems Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $21,133 million by 2022. Electrostatic precipitators (ESP) are estimated to dominate the market from 2015-2022. Asia-Pacific led the market, accounting for around 40% of the global market in 2015.
Emission control systems are devices that monitor and diminish the hazardous products, which are released into the atmosphere by combustion and other emission processes in the industrial environment. Emission sources such as power plants, cement, mining & metals, and chemical industries utilize this equipment to convert such air contaminants into water vapor and carbon dioxide, which can be safely released into the atmosphere.
The global market for industrial emission control systems is driven by the stringent environmental regulation standards, rapid industrialization, growth in coal power industry in developing countries and cement industry, and adoption of stringent mercury emission regulations. However, the market growth is limited by the increase in use of alternate fuels for power generation and decrease in investment in coal power sector from developed countries such as the U.S. and other European countries.
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The global market based on equipment type is segmented into electrostatic precipitators (ESPs), fabric filters, scrubbers, cyclone separators, thermal oxidizers, catalytic reactors, and others. Among these, ESPs dominated of the market with around 34.3% share. High adoption rate of these equipment is due to their low operating costs, high efficiencies, and temperature flexibility. The market for ESPs is projected to grow at a CAGR of 8.2% over the forecast period.
Based on the emission source type, it is divided into power generation, chemical, cement, mining & metals, pulp & paper, manufacturing, and others. Power generation was estimated to be the most dominant emission source, and may retain its lead in the future. Coal-fired power plants have the highest pollutant emission rates among all the industrial sources. These plants release harmful air pollutants such as sulphur dioxide (SO2), nitrogen oxides (NOX), particulate matter, and others, which are being controlled by use of advance emission control technologies. The growth in the market for power generation segment is driven by installation of new power plants and retrofit activities in existing plants.
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The global market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific was the most dominant market in 2015, and is expected to continue to its this trend throughout the forecast period. In this region, major downstream industries such as power generation, building materials, chemicals, and pulp & paper have created high demand for extraction, desulphurization, and emission control equipment. The market in Asia-Pacific is dominated by China, which witnessed rapid development in the past few years due to the high level technology, booming downstream industries, and increasingly stringent regulations.
Asia-Pacific is estimated to be the fastest growing regional market for industrial emission control systems, owing to growth in the Chinese and Indian markets. This is expected to be attributable to growth in power generation sector and government initiatives in infrastructure and urban development, which drive the cement industry.
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
Sona Padmanabhan
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: + 44-845-528-1300
Emission control systems are devices that monitor and diminish the hazardous products, which are released into the atmosphere by combustion and other emission processes in the industrial environment. Emission sources such as power plants, cement, mining & metals, and chemical industries utilize this equipment to convert such air contaminants into water vapor and carbon dioxide, which can be safely released into the atmosphere.
The global market for industrial emission control systems is driven by the stringent environmental regulation standards, rapid industrialization, growth in coal power industry in developing countries and cement industry, and adoption of stringent mercury emission regulations. However, the market growth is limited by the increase in use of alternate fuels for power generation and decrease in investment in coal power sector from developed countries such as the U.S. and other European countries.
Request Sample Research: https://www.alliedmarketresearch.com/request-free-sample/1693
The global market based on equipment type is segmented into electrostatic precipitators (ESPs), fabric filters, scrubbers, cyclone separators, thermal oxidizers, catalytic reactors, and others. Among these, ESPs dominated of the market with around 34.3% share. High adoption rate of these equipment is due to their low operating costs, high efficiencies, and temperature flexibility. The market for ESPs is projected to grow at a CAGR of 8.2% over the forecast period.
Based on the emission source type, it is divided into power generation, chemical, cement, mining & metals, pulp & paper, manufacturing, and others. Power generation was estimated to be the most dominant emission source, and may retain its lead in the future. Coal-fired power plants have the highest pollutant emission rates among all the industrial sources. These plants release harmful air pollutants such as sulphur dioxide (SO2), nitrogen oxides (NOX), particulate matter, and others, which are being controlled by use of advance emission control technologies. The growth in the market for power generation segment is driven by installation of new power plants and retrofit activities in existing plants.
Purchase Inquiry Request: https://www.alliedmarketresearch.com/purchase-enquiry/1693
The global market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific was the most dominant market in 2015, and is expected to continue to its this trend throughout the forecast period. In this region, major downstream industries such as power generation, building materials, chemicals, and pulp & paper have created high demand for extraction, desulphurization, and emission control equipment. The market in Asia-Pacific is dominated by China, which witnessed rapid development in the past few years due to the high level technology, booming downstream industries, and increasingly stringent regulations.
Asia-Pacific is estimated to be the fastest growing regional market for industrial emission control systems, owing to growth in the Chinese and Indian markets. This is expected to be attributable to growth in power generation sector and government initiatives in infrastructure and urban development, which drive the cement industry.
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
Sona Padmanabhan
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: + 44-845-528-1300
