19-Nov-2019 | Zion Market Research
Zion Market Research has published a new report titled “Industrial Emission Control Systems Market Report by Device (Electrostatic Precipitators, Catalytic Systems, Absorbers, and Scrubbers), by Application (Power Plants, Chemicals and Petrochemicals, Cement, Metal, and Manufacturing): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 – 2026.”According to the report, the Industrial Emission Control Systems Market accounted for USD 15.61 Billion in 2018 and is expected to reach USD 25.44 Billion by 2026, growing at a CAGR of around 6.3% between 2019 and 2026.
The global industrial emission control systems market is anticipated to observe noticeable growth over the years. Industrial emission control systems are used to limit the emission of dangerous gases and contaminants that are discharged from the industries at the time of combustion and other emission processes. These industrial gases become the crucial reasons for causing serious environmental damage such as acid rain, and photochemical smog when discharged into the atmosphere. The industrial emission control system monitors and reduces these harmful emissions by converting these dangerous air contaminants such as unburned hydrocarbons, nitrogen oxides, carbon monoxide and, sulfur oxides into the water vapor and carbon dioxide that further can be safely released into the atmosphere. The rising growth of the coal power industry and construction industry in emerging nations is likely to support the growth of the industrial emission control systems market as they are readily used in these industries. Several regulatory authorities have strict limitations for the acceptance of emission levels which in turn contributing to the growth of the global industrial emission control systems market within the forecast period.
Browse the full “Industrial Emission Control Systems Market: Report by Device (Electrostatic Precipitators, Catalytic Systems, Absorbers, and Scrubbers), by Application (Power Plants, Chemicals and Petrochemicals, Cement, Metal, and Manufacturing): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 – 2026” Report at https://www.zionmarketresearch.com/report/industrial-emission-control-systems-market
The global industrial emission control systems market has been categorized on the basis of the device and application. Based on the device, the industrial emission control systems market is segmented into electrostatic precipitators, catalytic systems, absorbers, and scrubbers. The electrostatic precipitator system is expected to have the highest share within the forecast period. This is due to the usage of the product in air filtration to remove the particulate matter with the support of the electrostatic force. The product is majorly utilized in cement industry plants, steel & paper mills, petroleum refineries and smelters to filter dangerous discharges released from these industries which are likely to bolster the market growth. The scrubber system segment is anticipated to have a noticeable share within the forecast period owing to the utilization of the product in steelmaking, chemical processes, and acid manufacturing plants so as to eliminate the harmful pollutants especially acid gases. In terms of application, the industrial emission control systems market is divided into power plants, chemicals, and petrochemicals, cement, metal, and manufacturing. Among all these, the power plants segment is expected to have a noteworthy growth rate within the forecast period. One of the most pollutant emitting industries which emit hazardous gases such as SO2 and NOx due to the combustion of fossil fuels is the power plant industry. Owing to these factors the demand for industrial emission control systems has increased in power plants. Moreover, the petrochemicals and chemical industries are also contributing to the growth of the market owing to have a huge source of volatile organic compounds and hazardous air pollutants. All these aspects are estimated to bolster the growth of the global industrial emission control systems market within the forecast period.
The major players in the global industrial emission control systems market are Johnson Mattey, Air Clean, BASF, Thermax, General Electric, CECO Environmental, Mitsubishi Hitachi Power Systems, APC Technologies, Fujian Longking, Auburn Systems, Hamon, Ducon technologies and Babcock & Wilcox among others.
This report segments the global industrial emission control systems market as follows:
Global Industrial Emission Control Systems Market: Device Segment Analysis
Global Industrial Emission Control Systems Market: Application Analysis
Global Industrial Emission Control Systems Market: Regional Segment Analysis
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