Air Pollution Control Market Size to Grow by USD 40.55 Billion From 2022 to 2027, Customer Landscape, Vendor Assessment & Market Dynamics- Technavio

NEW YORK, Nov. 8, 2022 /PRNewswire/ — Technavio categorizes the global air pollution control market as a part of the global industrial machinery market. The global industrial machinery market covers companies engaged in manufacturing industrial machinery and components covering presses, machine tools, compressors, pollution control equipment, elevators, escalators, insulators, pumps, roller bearings, and other metal fabrications. The Global Air Pollution Control Market share is set to increase by USD 40.55 billion from 2022 to 2027. However, the market’s growth momentum will decelerate at a CAGR of 7.25% as per the latest market forecast report by Technavio. The market will also record a 6.22% YOY growth Rate during the forecast period.

Technavio has announced its latest market research report titled Global Air Pollution Control Market 2023-2027

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Global Air Pollution Control Market Customer Landscape

Our analysis of the Life Cycle of the Global Air Pollution Control Market from the innovator’s stage to the laggard’s stage. The report illustrates the lifecycle of the global Air Pollution Control Market, focusing on the adoption rates of the major countries such as APAC, North America, Europethe Middle East and Africaand South America. To help companies evaluate and develop growth strategies for 2022-2027. Our researchers have included –

  • Key purchase criteria

  • Adoption rates

  • Adoption lifecycles

  • Drivers of price sensitivity

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Global Air Pollution Control Market– Vendor Analysis

Vendor Landscape – The global Air Pollution Control Market is in the early growth stage. It is expected to grow at a very high rate during the forecast period. Some of the prominent vendors in the market include Airex Industries Inc., American Air Filter Co. Inc., Andritz AG, Babcock & Wilcox Enterprises Inc., Camfil AB, Donaldson Co. Inc., Doosan Lentjes GmbH, DuPont de Nemours Inc., FLSmidth AS, Fujian Long king co. Ltd., GEA Group AG, General Electric Co., Hamon SA As there are significant growth opportunities in this market, the competition will intensify with the entry of new vendors, technological innovations, mergers, and partnerships. Established industry participants in the market are increasing their product offerings to expand their product portfolio, enter emerging markets, and boost their market share.

For instance, airex-industries.com – The company offers air pollution control such as bin vents and shakers. Also, this segment offers a range of baghouses, bin vent dust collectors, cartridge dust collectors, cyclone dust collectors, wet dust collectors, and shaker dust collectors.

Vendor Offerings –

  • Andritz AG: The company offers air pollution control such as wet flue gas cleaning system.

  • Babcock & Wilcox Enterprises Inc.: The company offers air pollution control such as mercPlus fuel additive system and mitigant fuel additive.

  • Camfil AB: The company offers air pollution control such as bag filters and panel filters.

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    Global Air Pollution Control MarketSegmentation Assessment

Geography Segment Overview

Technavio’s market research report entails detailed information on regional opportunities in store for vendors, which will assist in generating sales revenues. The Global Air Pollution Control Market as per geography is categorized into North America, EuropeAPAC, South Americaand the Middle East and Africa. The report provides an accurate prediction of the contribution of all regions to the growth of the Global Air Pollution Control Market size and actionable market understandings.

  • Regional Highlights– APAC is the fastest-growing region in the global Air Pollution Control Market compared to the other areas. 44% growth will originate from APAC. China, Indiaand Japan were the main contributors to the expansion of the APAC market for air pollution control. Due to the increased energy consumption brought on by industrialization and urbanization, as well as the necessity to regulate air pollution, government agencies in nations like China have acknowledged the seriousness of the problem with air pollution. Favorable government initiatives and policies are driving up demand for air pollution control equipment from the manufacturing industry in the region.

  • Revenue Generating Segment Highlights – The Global Air Pollution Control Market as per end-user segmentation is categorized into power, industries, and others. The market share growth by the power segment will be significant during the forecast period. The power market section includes machinery used to reduce air pollution produced by gas turbines and thermal power plants. One important source of electricity generation worldwide is coal. Global coal power production is mostly driven by Asian nations like China and India. Because of these factors, coal- and gas-fired power generation makes up a large portion of the world’s electricity production.

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Global Air Pollution Control Market – Market Dynamics

  • Major Driver A major factor fueling the expansion of the global market for air pollution control is the rapid rise in industrial development. Fossil fuel combustion results in the release of GHGs, which are the most frequent air pollutants from industrial sources. Therefore, throughout the projection period, the global market for air pollution control will rise due to rising GHG emissions from companies and strict emission control legislation.

  • Major Trend It is projected that the rising demand for FGD gypsum would positively increase the demand for FGD systems, which will then fuel the expansion of the global market for air pollution control over the period forecast.

  • Major Challenges – The World Bank’s decision to stop sponsoring E&P projects is a significant obstacle to the expansion of the worldwide market for air pollution control. Furthermore, oil and gas operations as well as other connected businesses, such as petrochemicals, which use oil and gas products as feedstock, would be negatively impacted by the drop in investments in oil and gas projects.

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Air Pollution Control Market 2023-2027: Key Highlights

  • CAGR of the market during the forecast period 2023-2027

  • Detailed information on factors that will assist Air Pollution Control Market growth during the next five years

  • Estimation of the Air Pollution Control Market size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the Air Pollution Control Market

  • Analysis of the market’s competitive landscape and detailed information on vendors

  • Comprehensive details of factors that will challenge the growth of Air Pollution Control Market vendors

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Air Pollution Control Market Scope

Report Coverage

Details

Page number

120

Base year

2022

Historical year

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 7.25%

Market growth 2023-2027

$40.55 billion

Market structure

Fragmented

YoY growth (%)

6.22

Regional analysis

APAC, North America, Europe, the Middle East and Africa, and South America

Performing market contribution

APAC at 44%

Key consumer countries

US, China, South Korea, Japan, and Germany

Competitive landscape

Leading companies, Competitive Strategies, Consumer engagement scope

Key companies profiled

Airex Industries Inc., American Air Filter Co. Inc., Andritz AG, Babcock & Wilcox Enterprises Inc., Camfil AB, Donaldson Co. Inc., Doosan Lentjes GmbH, DuPont de Nemours Inc., FLSmidth AS, Fujian Longking Co. Ltd., GEA Group AG, General Electric Co., Hamon SA, John Wood Group PLC, Mitsubishi Heavy Industries Ltd., Parker Hannifin Corp., PAS Solutions BV, PBG SA, Sumitomo Heavy Industries, Ltd., and Thermax Ltd

Market dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents:

1 Executive Summary

2 Market Landscape

3 Market Size

4 Five Forces Analysis

5 Market Segmentation by End-user

6 Market Segmentation by Product

7 Customer Landscape

8 Geographic Landscape

9 Drivers, Challenges, and Trends

10 Vendor Landscape

11 Vendor Analysis

12 Appendix

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify existing opportunities in and potential markets and assess their competitive positions within changing market scenarios.

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Global Air Pollution Control Market 2023-2027

Global Air Pollution Control Market 2023-2027

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