Gas Cleaning Technologies Market

Gas Cleaning Technologies Market Size, Share, Growth Analysis, By Product(Scrubbers, Dry Sorbent Injection, Particulate/Dust Collection, Mist), By End Use(Chemical, Power Generation, Refinery & Petrochemical, Mining), By Region - Industry Forecast 2025-2032


Report ID: SQMIG20L2049 | Region: Global | Published Date: July, 2024
Pages: 165 | Tables: 69 | Figures: 75

Gas Cleaning Technologies Market Competitive Landscape

The global gas cleaning technologies market is competitive and characterized by the presence of several key players. These players compete based on factors such as product portfolio, technological advancements, pricing strategies, and market reach. The market is driven by continuous research and development (R&D) efforts aimed at introducing innovative techniques and enhancing efficiency. Market players focus on strategic collaborations, partnerships, and mergers and acquisitions to expand their market presence and gain a competitive edge. Additionally, they invest heavily in research and development of new gas cleaning technologies solutions. The market also witnesses intense competition in terms of pricing, as players strive to offer cost-effective solutions without compromising on quality.

Top Players Company Profiles

  • Babcock & Wilcox Enterprises, Inc (US)
  • ALFA LAVAL(Sweden)
  • CECO Environmental (US)
  • VERANTIS ENVIRONMENTAL SOLUTIONS GROUP (US)
  • Fuji Electric Co., Ltd (Japan)
  • GEA Group Aktiengesellschaft (Germany)
  • Wartsila (Finland)
  • Hitachi Zosen corporation (Japan)
  • KCH Services Inc (US)
  • Nederman Holding AB (Sweden)
  • Evoqua Water Technologies LLC (US)
  • S.A. HAMON (Belgium)
  • Tri-Mer Corporation (US)
  • Yara Marine Technologies (Norway)
  • Elessent Clean Technologies Inc. (Canada)
  • DuconEnv.com (US)
  • Dürr Aktiengesellschaft (Germany)
  • FLSmidth (Denmanrk)
  • ANDRITZ (Austria)
  • John Cockerill (Belgium)

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Gas Cleaning Technologies Market size was valued at USD 33.8 Billion in 2022 and is expected to rise from USD 36.3 Billion in 2023 to reach a value of USD 52.1 Billion by 2031, at a CAGR of 4.56% during the forecast period (2024-2031).

The global gas cleaning technologies market is competitive and characterized by the presence of several key players. These players compete based on factors such as product portfolio, technological advancements, pricing strategies, and market reach. The market is driven by continuous research and development (R&D) efforts aimed at introducing innovative techniques and enhancing efficiency. Market players focus on strategic collaborations, partnerships, and mergers and acquisitions to expand their market presence and gain a competitive edge. Additionally, they invest heavily in research and development of new gas cleaning technologies solutions. The market also witnesses intense competition in terms of pricing, as players strive to offer cost-effective solutions without compromising on quality. 'Babcock & Wilcox Enterprises, Inc (US)', 'ALFA LAVAL(Sweden)', 'CECO Environmental (US)', 'VERANTIS ENVIRONMENTAL SOLUTIONS GROUP (US)', 'Fuji Electric Co., Ltd (Japan)', 'GEA Group Aktiengesellschaft (Germany) ', 'Wartsila (Finland)', 'Hitachi Zosen corporation (Japan)', 'KCH Services Inc (US)', 'Nederman Holding AB (Sweden)', 'Evoqua Water Technologies LLC (US)', 'S.A. HAMON (Belgium)', 'Tri-Mer Corporation (US)', 'Yara Marine Technologies (Norway)', 'Elessent Clean Technologies Inc. (Canada)', 'DuconEnv.com (US)', 'Dürr Aktiengesellschaft (Germany)', 'FLSmidth (Denmanrk)', 'ANDRITZ (Austria)', 'John Cockerill (Belgium)'

Increase in industrialization and urbanization is the major factor in development of gas cleaning technologies. New opportunities are connected with the appearance of the new industrial age focused on clean energy technology manufacturing where gas cleaning technologies can be widely used. Since the global countries are pursuing the transition to clean energy resources, the need for technologies that would help minimize the effects of traditional fossil fuel use on the environment, primarily in the generation of electrical energy and industrial processes. Due to existing strict environmental standards and high concern of air quality, industries and urban developers are spending large amounts of money to equip themselves with high technologic optional gas cleaning system to reduce emissions and make living environment healthier for the people.

Expansion of Natural Gas Processing Plant Capacity: There are several regions witnessing advances in gas processing plant capacities, and these act as the prime mover in the development and application of gas cleaning technology. From a broader perspective, it is evident that with a higher processing plant capacity there comes accompanying higher volumes of natural gas processed. This higher throughput may cause more emissions of pollutants and particulate matter, calling upon the use of the best effective gas cleaning technologies serving abatement strategies. Therefore, the increasing capacity of natural gas processing plants is what drives the development and application of gas cleaning technologies; attention is paid to the importance that such technology provides for the reduction in environmental impact and compliance to any and all regulatory standards in the natural gas industry.

Asia-Pacific emerged as the largest region and held a revenue share of 38.5% in 2023. The market further appears to have the highest growth rate in this region with a CAGR of 5.4%. This dominance is attributed due to the rising levels of air pollution, which is mostly as a result of activities in the agricultural and industrial segments. The rapid industrialization especially in manufacturing hubs such as China and India create high demand for the treatment of the gas mainly because of increasing pollution. This is resulting in the enhancement of the attempts to decrease the volume of air-polluting substances in the adjacent air, with the help of progressive technologies like selective catalytic reduction, wet scrubbers, filtration, and dust collectors, which in turn has a positive influence on the market growth. The increasing energy sector of Asia Pacific and particularly the focus on power generation through coal bears testimony to the necessity of gas cleaning for emissions reduction. In the same regard, high environmental standards as well as growing concerns over the quality of air that is in the atmosphere also enhances the use of superior gas cleaning technologies among the industries.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Gas Cleaning Technologies Market

Report ID: SQMIG20L2049

$5,300
BUY NOW GET FREE SAMPLE