Emission Control Systems Market
Emission Control Systems Market Global Industry Assessment & Forecast
#
Pages:
169
2021
Nov - 2021
VMR-2021-0437
Segments Covered
By
Equipment Type Electrostatic Precipitators, Fabric Filters, Scrubbers, Cyclone Separators, Thermal Oxidizers, Catalytic Reactors, Others
-
By
Emission Source Power Generation, Cement, Chemical & Petrochemical, Pulp & Paper, Manufacturing, Mining & Metals, Others
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
16.34 Billion |
 Revenue 2028:
|
29.82 Billion |
 Revenue CAGR
(2021 - 2028): |
7.81 |
Fastest Growing Region (2022 -
2028)
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
The report delivers an acute breakdown of the market based on various segments such as Equipment Type, Emission Source and region. This study comprises the market size in terms of revenue for each segment at the global/regional/country level along with a detailed analysis of growth prospects, challenges, and opportunities.
On the basis of Equipment Type, the market is divided into Electrostatic Precipitators, Fabric Filters, Scrubbers, Cyclone Separators, Thermal Oxidizers, Catalytic Reactors, Others. Electrostatic Precipitators is expected to dominate the market and is projected to grow at a noteworthy CAGR within the forecast period.
Based on Emission Source, the market is divided into Power Generation, Cement, Chemical & Petrochemical, Pulp & Paper, Manufacturing, Mining & Metals, Others. Power Generation attributed to the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.
Global Emission Control Systems Market: Equipment Type Segment Analysis
-
- Electrostatic Precipitators
- Fabric Filters
- Scrubbers
- Cyclone Separators
- Thermal Oxidizers
- Catalytic Reactors
- Others
Global Emission Control Systems Market: Emission Source Segment Analysis
-
- Power Generation
- Cement
- Chemical & Petrochemical
- Pulp & Paper
- Manufacturing
- Mining & Metals
- Others
FAQ
Frequently Asked Question
What is the global demand for Emission Control Systems in terms of revenue?
-
The global Emission Control Systems valued at 16.34 Billion in 2020 and is expected to reach 29.82 Billion in 2028 growing at a CAGR of 7.81%.
Which are the prominent players in the market?
-
The prominent players in the market are Foster Wheeler AG, Babcock & Wilcox Co., Mitsubishi Hitachi Power Systems Ltd., Fujian Longking Co.Ltd., Thermax Ltd., Ducon Technologies Inc., Hamon Corporation, Alstom SA, Kc Cottrell Co Ltd., Gea Bischoff, Siemens AG..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 7.81% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Emission Control Systems include
- The Environmental Protection Association (EPA) is one of the regulatory agencies that has implemented stringent limitations on an acceptable emission levels which can be released in atmosphere. The failure in following these standards will results in paying substantial fines and this in turn is expected to support the growth of the market over the forecast period.
- The increasing industrialization in emerging countries and growing global trade is further likely to augment the growth of the market in the near future.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Emission Control Systems in 2020.
