DUBLIN--(BUSINESS WIRE)--The "Global Air Pollution Control System Market 2019-2027" report has been added to ResearchAndMarkets.com's offering.
The report on the global air pollution control system market has determined the market to grow at a CAGR of 4.96% in the forecast period of 2019-2027.
Stringent government regulations with respect to environmental conservation have lead industries to practise caution, which is the primary driver of this market. The exponentially growing population, coupled with rapid industrialization have lead to the increased air pollution, thus aiding the growth of the air pollution control systems industry.
Coal, which has traditionally been utilized to generate power, accounts for the highest amount of air pollution. This has led the governments to undertake measures to reduce their coal consumption for electricity production. The focus has now been shifted to utilize renewable energy resources such as wind and solar energy, which has in turn, affected the growth of the global air pollution control market.
Employees working in power generation industries are exposed to chemicals, gases or other emissions on a daily basis, which affects their health adversely. Ensuring the safety of their employees should be the topmost concern of the organizations. This makes it essential for organizations to install air pollution control systems.
However, the installation of such systems requires high capital, high installation costs and periodic machine maintenance among others. Owing to this, companies are not willing to invest in air pollution control systems, which has impeded market growth significantly.
The regions that have been analyzed in the global air pollution control system market are: North America, Europe, Asia-Pacific, Latin America and the Middle East & Africa.
Latin America is the largest growing region in the global air pollution control system market. Chile and Brazil are the most developed countries in the region having advanced regulatory programs. Industries in these countries are deriving regulatory standards that drive the air pollution control system market in the region.
The major companies present in the air pollution control system market are KC Cottrell Co., Ltd., John Wood Group PLC, Babcock & Wilcox Enterprises, Inc., Elex AG, S.A. Hamon, Southern Erectors, Inc., Siemens AG, FLSmidth & Co., A/S, Thermax Global, Zhejiang Feida Environmental Science & Technology Co., Ltd., Mutares AG, Beltran Technologies, Inc., Mitsubishi Hitachi Power Systems, Ltd. and Fujian Longking Co., Ltd.
S.A. Hamon Group, is engaged in the designing, manufacturing and selling of cooling systems, air quality systems, chimneys and heat recovery systems. It offers a wide range of wet cooling and dry cooling products. In December 2017, the company entered into a contract with ArcelorMittal, the world's largest steel company for its sinter plant and also for an ESP for a lime kiln line for their Temirtau site in Kazakhstan.
Key Topics Covered:
1. Air Pollution Control System Market - Summary
2. Industry Outlook
2.1. Market Definition
2.2. Key Insights
2.2.1. Health Problems Due to Air Pollution
2.2.2. Regulations On Mercury and Air Toxic Standards
2.3. Porter's Five Force Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitutes
2.3.3. Bargaining Power of Suppliers
2.3.4. Bargaining Power of Buyers
2.3.5. Threat of Competitive Rivalry
2.4. Key Impact Analysis
2.4.2. Regulatory Standards
2.4.3. Cost Benefit Ratio
2.5. Market Attractiveness Index
2.6. Vendor Scorecard
2.7. Industry Components
2.8. Regulatory Framework
2.9. Market Drivers
2.9.1. Government Regulations
2.9.2. Population Growth
2.9.3. Increasing Air Pollution
2.10. Market Restraints
2.10.1. Decreasing Investments in Coal Power Plants By Developed Regions
2.10.2. Developments in Renewable Energy Market
2.11. Market Opportunities
2.11.1. New Thermal Power Plants Installation in China and India
2.11.2. Opportunities From Industrial Sector of Emerging Countries
2.11.3. Growing Need From Cement Industries
2.12. Market Challenges
2.12.1. Low Investment in Safety System
2.12.2. Cost Involved in Installation and Maintenance of System
3. Air Pollution Control System Market Outlook - By Products
3.2. Thermal Oxidizers
3.3. Catalytic Convertors
3.4. Electrostatic Precipitators
4. Air Pollution Control System Market Outlook - By Application
4.2. Iron & Steel
4.4. Power Generation
5. Air Pollution Control System Market - Regional Outlook
5.1. North America
5.1.1. Market By Products
5.1.2. Market By Applications
5.1.3. Country Analysis
5.4. Latin America
5.5. Middle East & Africa
6. Competitive Landscape
6.1. Babcock & Wilcox Enterprises Inc.
6.2. Mutares AG
6.3. Elex AG
6.4. FLSmidth & Co. A/S
6.5. Zhejiang Feida Environmental Science & Technology Co. Ltd.
6.6. KC Cottrell Co. Ltd.
6.7. S.A. Hamon
6.8. Beltran Technologies Inc.
6.9. John Wood Group PLC
6.10. Southern Erectors Inc.
6.11. Mitsubishi Hitachi Power Systems Ltd.
6.12. Fujian Longking Co. Ltd.
6.13. Siemens AG
6.14. Thermax Global
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