Press release
End-of-Pipe Air Pollution Control Equipment Market Growth Forecast 2034: From USD 36.1 Billion to USD 65.5 Billion with 6.0% CAGR
The global end-of-pipe air pollution control equipment market was valued at US$ 36.1 billion in 2023 and is projected to grow at a CAGR of 6.0% from 2024 to 2034, reaching US$ 65.5 billion by the end of 2034.
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Analyst Viewpoint
The surge in focus on meeting emission limits is significantly augmenting the market value for end-of-pipe air pollution control equipment. Governments worldwide are implementing stringent regulations to limit emissions from various industrial sources, boosting demand for advanced air emission control systems. Additionally, the rise in respiratory diseases due to air pollution further drives market dynamics, as effective pollution control can reduce the prevalence of these health issues.
Market Introduction
End-of-pipe air pollution control equipment is designed to reduce or eliminate harmful emissions from industrial processes. These systems include adsorbers, fabric filters, scrubbers, catalytic converters, and electrostatic precipitators, which help control air pollution through effluent treatment or filtration. Adsorbents like activated carbon are commonly used to remove gaseous pollutants due to their high efficacy.
Recent innovations have led to the development of advanced fabric filters, electrostatic precipitators, and wet scrubbers, which are more effective in controlling particulate matter and gaseous emissions.
Key Market Drivers
Focus on Meeting Emission Limits:
Stringent regulations, such as the EU's Industrial Emissions Directive (IED), require industries to adopt advanced pollution control technologies to meet emission standards. This regulatory pressure drives the demand for end-of-pipe air pollution control equipment.
Common pollutants like ozone (O3), nitrogen oxides (NOx), formaldehyde (HCHO), carbon monoxide (CO), and carbon dioxide (CO2) are targeted by these regulations, promoting the use of adsorbers and fabric filters to control emissions.
Growth in Respiratory Diseases:
Air pollution significantly contributes to respiratory diseases such as COPD, asthma, and chronic bronchitis. The rising prevalence of these diseases underscores the need for effective air pollution control to improve public health.
Increasing emission requirements aim to reduce the incidence of respiratory diseases, driving the market for advanced air pollution control equipment.
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Regional Outlook
Europe:
Europe held the largest market share in 2023 due to the implementation of stringent emission regulations and the European Green Deal's zero pollution action plan. This plan aims to reduce premature deaths caused by PM2.5 by at least 55% by 2030 compared to 2005 levels.
Asia Pacific:
The region is witnessing a surge in respiratory diseases, driving the demand for end-of-pipe air pollution control equipment. The high mortality rate from chronic respiratory diseases in Asia highlights the urgent need for effective pollution control measures.
Analysis of Key Players
Key players in the market are focusing on developing advanced adsorbers and pollution control equipment that are easy to install and maintain. Major companies include ALSTOM SA, A TEC Production & Service GmbH, FLSmidth, Fisia Babcock Environment GmbH, Hosokawa Micron Group, Termokimik Corporation, Wood Plc, and Valmet. These companies are enhancing their product portfolios and expanding their market presence through strategic partnerships and acquisitions.
Key Developments:
OK Play India: Partnered with Mann & Hummel to introduce mobile air purifiers and other products to tackle air pollution.
Anguil Environmental Systems Inc.: Formed Anguil Industrial, LLC, to acquire Young & Bertke Air Systems Company, enhancing its industrial pollution control capabilities.
Market Segmentation
By Product Type:
Power System Controls
Food Processing Controls
Raw Material Refining Controls
Nuclear Power Plant Controls
Others
By Equipment Type:
Adsorbers
Fabric Filters
Scrubbers
Catalytic Converters
Electrostatic Precipitators
Others
By Application:
Acid Gas Control
Gas Scrubbing
Mercury Control
Particulate Matter Control
Others
By End-user:
Government & Utility
Industrial Sector
Commercial Sector
Residential Sector
Others
Regions Covered:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Countries Covered:
U.S.
Canada
Germany
U.K.
France
Italy
Russia & CIS
Japan
China
India
ASEAN
Brazil
Mexico
South Africa
GCC
Market Snapshot
Market Size in 2023: US$ 36.1 Bn
Market Forecast (Value) in 2034: US$ 65.5 Bn
Growth Rate (CAGR): 6.0%
Forecast Period: 2024-2034
Quantitative Units: US$ Bn for Value
Competition Landscape:
Market share analysis by company (2023)
Company profiles include an overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy, recent developments, and key financials
Conclusion
The end-of-pipe air pollution control equipment market is set for robust growth driven by stringent emission regulations and the increasing prevalence of respiratory diseases. Europe leads the market due to strong regulatory frameworks, while Asia Pacific shows significant potential due to high pollution levels and health impacts. Key players are focusing on innovation and strategic partnerships to capitalize on the growing demand for advanced pollution control technologies.
Purchase Full Report Here: https://www.transparencymarketresearch.com/checkout.php?rep_id=2654<ype=S
State Tower, 90 State Street, Suite 700,
Albany NY - 12207, United States
About Us Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
Download Sample Report Copy Here: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2654
Analyst Viewpoint
The surge in focus on meeting emission limits is significantly augmenting the market value for end-of-pipe air pollution control equipment. Governments worldwide are implementing stringent regulations to limit emissions from various industrial sources, boosting demand for advanced air emission control systems. Additionally, the rise in respiratory diseases due to air pollution further drives market dynamics, as effective pollution control can reduce the prevalence of these health issues.
Market Introduction
End-of-pipe air pollution control equipment is designed to reduce or eliminate harmful emissions from industrial processes. These systems include adsorbers, fabric filters, scrubbers, catalytic converters, and electrostatic precipitators, which help control air pollution through effluent treatment or filtration. Adsorbents like activated carbon are commonly used to remove gaseous pollutants due to their high efficacy.
Recent innovations have led to the development of advanced fabric filters, electrostatic precipitators, and wet scrubbers, which are more effective in controlling particulate matter and gaseous emissions.
Key Market Drivers
Focus on Meeting Emission Limits:
Stringent regulations, such as the EU's Industrial Emissions Directive (IED), require industries to adopt advanced pollution control technologies to meet emission standards. This regulatory pressure drives the demand for end-of-pipe air pollution control equipment.
Common pollutants like ozone (O3), nitrogen oxides (NOx), formaldehyde (HCHO), carbon monoxide (CO), and carbon dioxide (CO2) are targeted by these regulations, promoting the use of adsorbers and fabric filters to control emissions.
Growth in Respiratory Diseases:
Air pollution significantly contributes to respiratory diseases such as COPD, asthma, and chronic bronchitis. The rising prevalence of these diseases underscores the need for effective air pollution control to improve public health.
Increasing emission requirements aim to reduce the incidence of respiratory diseases, driving the market for advanced air pollution control equipment.
Request TOC Here: https://www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_id=2654
Regional Outlook
Europe:
Europe held the largest market share in 2023 due to the implementation of stringent emission regulations and the European Green Deal's zero pollution action plan. This plan aims to reduce premature deaths caused by PM2.5 by at least 55% by 2030 compared to 2005 levels.
Asia Pacific:
The region is witnessing a surge in respiratory diseases, driving the demand for end-of-pipe air pollution control equipment. The high mortality rate from chronic respiratory diseases in Asia highlights the urgent need for effective pollution control measures.
Analysis of Key Players
Key players in the market are focusing on developing advanced adsorbers and pollution control equipment that are easy to install and maintain. Major companies include ALSTOM SA, A TEC Production & Service GmbH, FLSmidth, Fisia Babcock Environment GmbH, Hosokawa Micron Group, Termokimik Corporation, Wood Plc, and Valmet. These companies are enhancing their product portfolios and expanding their market presence through strategic partnerships and acquisitions.
Key Developments:
OK Play India: Partnered with Mann & Hummel to introduce mobile air purifiers and other products to tackle air pollution.
Anguil Environmental Systems Inc.: Formed Anguil Industrial, LLC, to acquire Young & Bertke Air Systems Company, enhancing its industrial pollution control capabilities.
Market Segmentation
By Product Type:
Power System Controls
Food Processing Controls
Raw Material Refining Controls
Nuclear Power Plant Controls
Others
By Equipment Type:
Adsorbers
Fabric Filters
Scrubbers
Catalytic Converters
Electrostatic Precipitators
Others
By Application:
Acid Gas Control
Gas Scrubbing
Mercury Control
Particulate Matter Control
Others
By End-user:
Government & Utility
Industrial Sector
Commercial Sector
Residential Sector
Others
Regions Covered:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Countries Covered:
U.S.
Canada
Germany
U.K.
France
Italy
Russia & CIS
Japan
China
India
ASEAN
Brazil
Mexico
South Africa
GCC
Market Snapshot
Market Size in 2023: US$ 36.1 Bn
Market Forecast (Value) in 2034: US$ 65.5 Bn
Growth Rate (CAGR): 6.0%
Forecast Period: 2024-2034
Quantitative Units: US$ Bn for Value
Competition Landscape:
Market share analysis by company (2023)
Company profiles include an overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy, recent developments, and key financials
Conclusion
The end-of-pipe air pollution control equipment market is set for robust growth driven by stringent emission regulations and the increasing prevalence of respiratory diseases. Europe leads the market due to strong regulatory frameworks, while Asia Pacific shows significant potential due to high pollution levels and health impacts. Key players are focusing on innovation and strategic partnerships to capitalize on the growing demand for advanced pollution control technologies.
Purchase Full Report Here: https://www.transparencymarketresearch.com/checkout.php?rep_id=2654<ype=S
State Tower, 90 State Street, Suite 700,
Albany NY - 12207, United States
About Us Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
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