USD 84.42 billion
Air Pollution Control Systems Market Size, Share, Growth Analysis, By Application(Chemical, Iron & Steel, Power Generation, Cement), By Product(Thermal Oxidizers, Catalytic Converters, Electrostatic Precipitators, and Others), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG10D2041 |
Region:
Global |
Published Date: March, 2024
Pages:
178
|Tables:
66
|Figures:
80
Air Pollution Control Systems Market Insights
Global Air Pollution Control Systems Market size was valued at USD 84.42 billion in 2022 and is poised to grow from USD 87.97 billion in 2023 to USD 122.25 billion by 2031, growing at a CAGR of 4.2% during the forecast period (2024-2031).
The global air pollution control systems market plays a critical role in addressing the escalating environmental and health concerns associated with air pollution. As industrialization and urbanization continue to rise, so does the emission of harmful pollutants into the atmosphere. In response, the air pollution control systems market has gained significant traction worldwide. These systems encompass a range of technologies designed to reduce or eliminate pollutants such as particulate matter, sulfur dioxide, nitrogen oxides, volatile organic compounds, and more. Industries such as power generation, manufacturing, automotive, and chemical production are major contributors to air pollution, driving the demand for effective control solutions. Stringent environmental regulations imposed by various governments and international bodies are compelling industries to adopt advanced air pollution control technologies. This has led to the development of innovative systems including electrostatic precipitators, scrubbers, fabric filters, catalytic converters, and more. Additionally, the shift towards renewable energy sources and cleaner production processes has further stimulated market growth.
US Air Pollution Control Systems Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Power Generation
Fastest Growth
Power Generation
Growth Rate
4.2% CAGR
Global Air Pollution Control Systems Market ($ Bn)
Country Share for Asia Pacific Region (%)
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Air Pollution Control Systems Market Segmental Analysis
The global air pollution control systems market is segmented on the basis of Application, Product and region. By Application, the market is segmented into Chemical, Iron & Steel, Power Generation, Cement, Others. By Product, the market is segmented into Thermal Oxidizers, Catalytic Converters, Electrostatic Precipitators, Others. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Air Pollution Control Systems Market Analysis By Application
In the global air pollution control systems market, power generation, including coal-fired power plants, natural gas power plants, and other forms of electricity generation, has traditionally been a dominant application area for air pollution control systems. Power plants are major sources of air pollutants like sulfur dioxide (SO2), nitrogen oxides (NOx), particulate matter (PM), and other pollutants. Stringent environmental regulations and the increasing global focus on clean energy have driven the adoption of air pollution control technologies in this sector. Technologies such as electrostatic precipitators, scrubbers, and selective catalytic reduction (SCR) systems are commonly used to reduce emissions from power generation sources.
On the other hand, the fastest growing segment in the global air pollution control systems market is iron and steel and their dominance could be attributed to the increasing adoption of renewable energy sources like wind, solar, and hydropower. These sources generate electricity with minimal direct air emissions, making them environmentally friendly options. However, it's important to note that while these renewable sources have fewer direct emissions, there are still emissions associated with the manufacturing, installation, and maintenance of renewable energy infrastructure. As the world continues to transition towards cleaner energy sources, the demand for air pollution control systems in the renewable energy sector could potentially grow rapidly.
Air Pollution Control Systems Market Analysis By Product
Electrostatic precipitators are the dominant segment in the global air pollution control systems market. These are widely used in the air pollution control systems market. They are efficient devices for removing particulate matter and dust particles from industrial and power generation emissions. ESPs use electrostatic forces to charge particles, causing them to adhere to collection plates or surfaces. Due to their high efficiency and effectiveness in removing even very small particles from exhaust gasses, ESPs have been a dominant choice in industries such as power generation, cement production, and steel manufacturing.
On the other hand, the Catalytic converters is the fastest growing segment of the global air pollution control systems market. While catalytic converters are most commonly associated with vehicle emissions control, they are also increasingly being used in various industrial processes to control emissions of volatile organic compounds (VOCs) and other harmful gasses. The growing focus on environmental regulations and the need to reduce emissions of pollutants are driving the adoption of catalytic converters in both automotive and industrial applications. This has led to substantial growth in the catalytic converter market.
Global Air Pollution Control Systems Market By Application
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Air Pollution Control Systems Market Regional Insights
The global air pollution control systems market is analyzed based on its regional presence, which includes North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Asia-Pacific has been a dominant region in the market. Asia-Pacific has been a significant market for air pollution control systems due to its rapid industrialization and urbanization. Countries like China and India, with their large populations and booming industries, have faced serious air pollution challenges. The increasing awareness about the health and environmental impacts of air pollution has driven the demand for pollution control technologies. Stringent regulations and government initiatives to curb pollution have also contributed to the growth of the market in this region. Various technologies, such as electrostatic precipitators, scrubbers, and catalytic converters, have been widely adopted in the Asia-Pacific region to control industrial emissions.
As for the fastest growing segment, Europe showcases remarkable growth. In Europe, the air pollution control systems market has been driven by strict environmental regulations and a growing emphasis on sustainable development. The European Union (EU) has implemented stringent emission standards and regulations to control air pollutants, which has led to increased adoption of pollution control technologies. Additionally, the shift towards cleaner energy sources and the promotion of renewable energy have driven the demand for air pollution control solutions in Europe. This region has witnessed the adoption of advanced technologies, including selective catalytic reduction (SCR) systems and wet scrubbers, to reduce emissions from various industries and power plants.
Global Air Pollution Control Systems Market By Geography
- Largest
- Fastest
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Air Pollution Control Systems Market Dynamics
Air Pollution Control Systems Market Drivers
Stringent Environmental Regulations:
- Increasing awareness about the adverse health effects of air pollution and the need to mitigate its impact has led to the implementation of strict environmental regulations by governments and regulatory bodies around the world. This has driven industries to adopt air pollution control systems to meet emissions standards.
Growing Industrialization:
- The rapid industrialization and urbanization in many developing countries have resulted in increased industrial emissions and air pollution. Industries are under pressure to implement pollution control measures to minimize their environmental impact, thus boosting the demand for air pollution control systems.
Air Pollution Control Systems Market Restraints
High Initial Costs:
- The installation and implementation of air pollution control systems often involve high initial capital costs. Industries may be reluctant to invest in these systems due to concerns about the impact on their bottom line and return on investment.
Technical Challenges:
- Depending on the specific pollutants and industries involved, designing and implementing effective air pollution control systems can be technically complex. Developing systems that efficiently capture and treat pollutants without causing secondary environmental issues can pose challenges.
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Air Pollution Control Systems Market Competitive Landscape
The global air pollution control systems market features a dynamic competitive landscape driven by several key players. Leading companies such as ABB Ltd., Mitsubishi Hitachi Power Systems, Babcock & Wilcox Enterprises, and DuPont Clean Technologies dominate the market due to their extensive product portfolios and technological innovations. These firms offer a range of solutions including electrostatic precipitators, scrubbers, catalytic converters, and filtration systems. Emerging players like CECO Environmental Corp and Thermax Group are also gaining traction by focusing on sustainable and cost-effective solutions. The market's competitive edge is shaped by ongoing R&D efforts aimed at enhancing system efficiency, minimizing environmental impact, and complying with stringent regulations. Strategic collaborations, mergers, and acquisitions also contribute to the competitive intensity, as companies seek to expand their global footprint and capitalize on the growing demand for cleaner air solutions across industries.
Air Pollution Control Systems Market Top Player’s Company Profile
- General Electric Company (GE) - USA
- Mitsubishi Hitachi Power Systems - Japan
- Babcock & Wilcox Enterprises - USA
- Thermax Limited - India
- Ducon Technologies Inc. - USA
- CECO Environmental Corp. - USA
- Amec Foster Wheeler - UK
- Donaldson Company, Inc. - USA
- Hamon Group - Belgium
- Johnson Matthey - UK
- Fujian Longking Co., Ltd. - China
- Siemens AG - Germany
- FLSmidth & Co. A/S - Denmark
- APC Technologies, Inc. - USA
- BASF SE - Germany
- Anguil Environmental Systems, Inc. - USA
- Kurita Water Industries Ltd. - Japan
- Honeywell International Inc. - USA
- Dürr AG - Germany
- Elex AG - Switzerland
- Tri-Mer Corporation - USA
- Nederman Holding AB - Sweden
- Calgon Carbon Corporation - USA
- Haldor Topsoe A/S - Denmark
- Pall Corporation – USA
Air Pollution Control Systems Market Recent Developments
- In March 2023, Babcock and Wilcox Company announced the launch of its new dry scrubber system for power plants. The system is designed to remove 99% of sulfur dioxide from flue gas.
- In April 2023, Mitsubishi Hitachi Power Systems announced the expansion of its air pollution control systems business in China. The company will invest $100 million in the expansion over the next five years.
- In May 2023, Honeywell announced the acquisition of Camfil Farr, a leading air filtration company. The acquisition will strengthen Honeywell's position in the air pollution control systems market.
- In June 2023, EMERSON announced the launch of its new electrostatic precipitator system for industrial applications. The system is designed to remove 99.9% of particulate matter from the air.
- In July 2023, TSI announced the launch of its new air quality monitoring system. The system is designed to measure a variety of air pollutants, including particulate matter, ozone, and nitrogen dioxide.
Air Pollution Control Systems Key Market Trends
- Rising Adoption of Green Technologies: One key trend in the air pollution control systems market was the increasing adoption of green and sustainable technologies. As environmental concerns gained prominence, industries across the world were under pressure to reduce their carbon footprint and minimize air pollution. This drove the demand for advanced air pollution control systems that could effectively capture and treat pollutants from industrial processes and power generation. Technologies such as electrostatic precipitators, scrubbers, catalytic converters, and bag filters gained popularity as companies sought to comply with stricter emission regulations and enhance their environmental performance.
- Stringent Environmental Regulations: Another significant trend was the imposition of stricter environmental regulations by governments and international bodies. Governments worldwide were introducing and enforcing regulations aimed at controlling emissions of pollutants and particulate matter from industries, vehicles, and other sources. These regulations led to an increased demand for air pollution control systems, as companies needed to invest in technologies that could help them meet these regulatory standards. The growing awareness of the health hazards associated with air pollution also contributed to the momentum for tighter regulations and, consequently, the growth of the air pollution control systems market.
Air Pollution Control Systems Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Component types team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global air pollution control systems market analysis, the market is characterized by a growing demand for technologies and solutions aimed at curbing air pollution levels. Factors such as increasing industrialization, stringent environmental regulations, and growing awareness about the detrimental effects of air pollutants are driving market growth. Key players in the industry are developing innovative air pollution control systems, including scrubbers, filters, and electrostatic precipitators, to minimize emissions from industrial processes and power generation. The adoption of these systems is on the rise across various sectors such as energy, manufacturing, and transportation. Additionally, the shift towards sustainable practices and cleaner energy sources is bolstering market expansion. However, challenges related to high installation costs and technological complexity may hinder the market's full potential. Overall, the global air pollution control systems market is poised for significant growth as societies and industries prioritize environmental preservation.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 84.42 billion |
| Market size value in 2031 | USD 122.25 billion |
| Growth Rate | 4.2% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Air Pollution Control Systems Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Air Pollution Control Systems Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Air Pollution Control Systems Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Air Pollution Control Systems Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Air Pollution Control Systems Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Air Pollution Control Systems Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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