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 Insights

Gas Cleaning Technologies Market size was valued at USD 36.3 Billion in 2023 and is poised to grow from USD 37.96 Billion in 2024 to USD 54.48 Billion by 2032, growing at a CAGR of 4.56% during the forecast period (2025-2032).

Gas cleaning technologies market seems the significant growth in the coming future. The increase in industrialization in most countries has led to the increased worries on the level of air pollution, thus, governments have tightened the measures on gas emissions from industries. The new rules are expected to introduce steps relating to the gas emissions and their effect on the environment, thus prompting the need for the strategies that will address the gas cleaning. The rises in the ambient air levels, the consequent environment and health issues necessitates the promotion of the efficiency of the gas cleaning technologies which will be crucial in meeting the environmental standards. Producers are experiencing a great deal of freedom in choosing the plant options, but that entails gas cleaning technology which addresses multiple emission sources and necessary air quality standards in environmental legislation.

Urbanization and industrialization are still gradually developing all over the world and consequently increase the level of air pollution. The global population living in metropolitan areas is projected to grow significantly, which may in turn subsequently boost the necessity for gas purification technologies to mitigate industrial emissions and metropolitan pollution. With high throughput in a processing plant, there will be high emission rates, and therefore, needs to have effective gas cleaning technologies for compliance with set standards and to manage the effects on the environment.

As people have become more concerned about the health impacts arising from the pollution of the air, industries have had to reduce their emission rates. These technologies for gas cleaning have their major uses in controlling pollution through releasing of noxious gases into the atmosphere. The norms of air quality are expected to be defined by the regulatory bodies such as US EPA and EU Clean Air Act due to the high implementation of strict standards. Thus, emphasis on these technologies that meet such rules and standards is expected to fuel market growth. Key players of the market are also spending funds on research aimed at compliance and developing solutions that lower the real level of emissions and pollutants.

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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.

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Gas Cleaning Technologies Market

Report ID: SQMIG20L2049

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