Report ID: SQMIG20L2049
Report ID:
SQMIG20L2049 |
Region:
Global |
Published Date: July, 2024
Pages:
165
|
Tables:
69 |
Figures:
75
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.
On the other hand, the gas cleaning technologies market is expected to grow in the Middle East & Africa region at a CAGR of 5% in the projected period. The Middle East and Africa region is expanding its demand for gas cleaning technologies because of the rising rate of industrialization and urbanization that requires improved air purification. This research demonstrates that increasing stringency of environmental rules and legislations for curbing gas emission from the primary industrial segments embracing oil and gas, power generation, and manufacturing is pressurizing industries into implementing sophisticated gas cleaning techniques. Also, the increasing number of infrastructure projects in the region along with increasing awareness among people regarding the adverse effects of air pollution on health is also contributing towards the growth of the efficient gas cleaning market in terms of environmental emission norms.
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Report ID: SQMIG20L2049