Air Pollution Control Market: Historic Industry Size and Analysis of 15 Vendors and 7 Countries – Technavio – QNT Press Release


NEW YORK, Nov. 28, 2022 /PRNewswire/ — The air pollution control market size is forecast to increase by USD 40.55 billion from 2022 to 2027, at a CAGR of 7.25%, According to the recent market study by Technavio. The growth of the market will be driven by the growing industrial development, the increase in global power demand, and stringent emission regulations.

Technavio categorizes the air pollution control market as a part of the industrial machinery market, which covers companies engaged in manufacturing industrial machinery and components including presses, machine tools, compressors, pollution control equipment, elevators, escalators, insulators, pumps, roller bearings, and other metal fabrications.

Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download The Sample Report

Technavio has extensively analyzed 15 major vendors, including 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, and Mitsubishi Heavy Industries Ltd.

Key Benefits for Industry Players & Stakeholders –

  • The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
  • It also provides detailed analyzes of the market’s competitive landscape and vendors’ product offerings.
  • The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

Expand operations in the future – To get requisite details, ask for a custom report.

Customer Landscape – Analysis of Price Sensitivity, Adoption Lifecycle, Customer Purchase Basket, Adoption Rates, and Purchase Criteria by Technavio

  • One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage.
  • Another key aspect is price sensitivity drivers (purchases are undifferentiated, purchase is a key cost to buyers, and quality is not important), which range between LOW and HIGH.
  • Furthermore, market adoption rates for all regions have been covered.

Download the sample To get a holistic overview of the air pollution control market by industry experts to evaluate and develop growth strategies.

The market is segmented by end-user (power, industries, and others), product (scrubbers, catalytic converters, and others), and geography (North America, EuropeAPAC, the Middle East and Africaand South America).

Segmentation by End-user (Inclusion/Exclusion)

  • Inclusion:
    • Residential:

The power segment grew gradually by USD 35.72 billion in 2017 and continued to grow till 2021. Coal and gas are still mostly used as the source of power generation across the world. Coal-fired and gas-fired power generation involves many chemical reactions that produce air pollutants and heavy metals, such as mercury, SO2, CO2, NOx, and particulate matter. Thus, the need to regulate the emissions caused by these industries is increasing the need for air pollution control solutions in the power industry, which is driving the growth of the segment.

To get detailed insights about inclusions and exclusions, buy report.

Related Reports –

What are the key data covered in air pollution control market?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the air pollution control market between 2023 and 2027
  • Precise estimation of the size of the air pollution control market size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of air pollution control market vendors

Air Pollution Control Market Scope

Report Coverage

Details

Page number

162

base year

2022

Historical years

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 7.25%

Market growth 2023-2027

USD 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…

Full story available on Benzinga.com



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