The world industrial emission control systems market is prophesied to expand rapidly on account of a high global demand for power and mounting industrialization coupled by predominant enforcement of stringent regulations by environmental regulatory and government bodies. Regulations pertaining to the emission of harmful gases such as sulfur dioxide and nitrogen oxide and particulate matters are expected to make it obligatory on the part of several industries to conform to local and international emission standards. The world industrial emission control systems market could also gain impetus from increasing global trade and aggressive industrialization in emerging economies.
By 2023, the world industrial emission control systems market is prognosticated to showcase a significant improvement in revenue valuation by raking in a US$22.09 bn. In 2016, a valuation of US$13.44 bn was earned by the world industrial emission control systems market. During the forecast period 2015–2023, the world industrial emission control systems market could register a 7.3% CAGR.
Amongst the top four and other emission sources, power plants are predicted to reserve a commanding share of US$9.7 bn in the international industrial emission control systems market by the final forecast year. Alarming environmental concerns have raised eyebrows due to an influential rise in power demand and industrialization, especially in developing countries. As the domestic manufacturing industry of emerging regions has begun to develop, stringent regulatory structures have taken shape to address the need for reducing industrial emission.
The marine industry is also anticipated to make its substantial contribution to the international industrial emission control systems market because of the surge in global trade. A convincing inflow of investments could be triggered due to the maturation of the international industrial emission control systems market in response to the evolving characteristic of government regulations.
The chemical process industry and power plants are envisaged to register an impressive combined share during the course of the forecast period. Favorable growth of industries in developing countries and maturing industrial hubs worldwide could improve the chances of the establishment of a rocketing count of power plants on a global platform. Moreover, the introduction of new coal-fired power plants is foretold to bolster the demand in the international industrial emission control systems market. A leading measure of power generation via thermal coal-fired power plants could be witnessed in China and India, the two major manufacturing hubs of the world.
Asia Pacific is projected to take the charge in the worldwide industrial emission control systems market on the back of a boosted installation count, swift industrialization, and regulations laid down by different government organizations. The development of coal-fired power plants has particularly gained prominence in the region due to the shortage of developed renewable energy infrastructure. Furthermore, power plants in Asia Pacific are experiencing tremendous pressure from growing population. All of these factors are forecasted to escalate the share of Asia Pacific to 39.58% in the worldwide industrial emission control systems market.
Followed by North America, Asia Pacific could maintain the demand in the worldwide industrial emission control systems market while riding on emerging countries creating tight emission regulations and all-embracing emission standards. Participants are foreseen to sustain their profitability in the worldwide industrial emission control systems market with the involvement of the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) in the formulation of strict regulatory criteria. Countries such as Indonesia and Thailand besides China and India could magnify the demand in Asia Pacific with their rising need for electricity.
Section 1 Preface
Section 2 Executive Summary
Section 3 Industry Analysis
Section 4 Industrial Emission Control Systems: Emission Source Overview
Section 5 Industrial Emission Control Systems: Device Type Overview
Section 6 Industrial Emission Control Systems Market: Regional Overview
Section 7 Company Profiles
List of Tables
Table 1 Emission Standards for Coal Fired Power Plants
Table 2 Global Industrial Emission Control Systems Market, Estimates and Forecast, By Emission Source, 2014–2023 (US$ Mn)
Table 3 Global Industrial Emission Control Systems Market, Estimates and Forecast, By Device Type, 2014–2023 (US$ Mn)
Table 4 China Industrial Emission Control Systems Market, By Source, US$ Mn
Table 5 Japan and South Korea Industrial Emission Control Systems Market, By Source, US$ Mn
Table 6 India Industrial Emission Control Systems Market, By Source, US$ Mn
Table 7 Rest of Asia Pacific Industrial Emission Control Systems Market, By Source, US$ Mn
Table 8 U.S. Industrial Emission Control Systems Market, By Source, US$ Mn
Table 9 Canada Industrial Emission Control Systems Market, By Source, US$ Mn
Table 10 Mexico Industrial Emission Control Systems Market, By Source, US$ Mn
Table 11 Germany Industrial Emission Control Systems Market, By Source, US$ Mn
Table 12 U.K. Industrial Emission Control Systems Market, By Source, US$ Mn
Table 13 Rest of Europe Industrial Emission Control Systems Market, By Source, US$ Mn
List of Figures
Figure 1 Global Industrial Emission Control Systems Market Estimates and Forecasts (US$ Mn)
Figure 2 Global Industrial Emission Control Systems Market Share, By Region, 2014
Figure 3 Value Chain Analysis of Industrial Emission Control Systems Market
Figure 4 Industrial Production Index and Trade Volumes
Figure 5 Population growth rate and Installed electricity generation capacity
Figure 6 Market Attractiveness Analysis of Industrial Emission Control Systems Market, 2014
Figure 7 Company Market Share, Industrial Emission Control Systems Market (%) (2014)
Figure 8 Global Industrial Emission Control Systems Market Value, By Emission Source, 2014 and 2023
Figure 9 Global Industrial Emission Control Systems Market, Estimates and Forecast, By Power Plants, 2014–2023 (US$ Mn)
Figure 10 Global Industrial Emission Control Systems Market, Estimates and Forecast, By Chemical Process Industry, 2014–2023 (US$ Mn)
Figure 11 Global Industrial Emission Control Systems Market, Estimates and Forecast, By Marine Industry, 2014–2023 (US$ Mn)
Figure 12 Global Industrial Emission Control Systems Market, Estimates and Forecast, By Waste to Energy Industry, 2014–2023 (US$ Mn)
Figure 13 Global Industrial Emission Control Systems Market, Estimates and Forecast, By Other Industries, 2014–2023 (US$ Mn)
Figure 14 Global Industrial Emission Control Systems Market Value, By Device Type, 2014 and 2023
Figure 15 Global Industrial Emission Control Systems Market, Estimates and Forecast, By ESP, 2014–2023 (US$ Mn)
Figure 16 Global Industrial Emission Control Systems Market, Estimates and Forecast, By Catalytic Reactors, 2014–2023 (US$ Mn)
Figure 17 Global Industrial Emission Control Systems Market, Estimates and Forecast, By Incinerators, 2014–2023 (US$ Mn)
Figure 18 Global Industrial Emission Control Systems Market, Estimates and Forecast, By Filters, 2014–2023 (US$ Mn)
Figure 19 Global Industrial Emission Control Systems Market, Estimates and Forecast, By Others, 2014–2023 (US$ Mn)
Figure 20 Global Industrial Emission Control Systems Market, By Region, 2014 and 2023
Figure 21 Asia Pacific Industrial Emission Control Systems Market, 2014 and 2023
Figure 22 Industrial Emission Control Systems Market – Asia Pacific, By Device, US$ Mn
Figure 23 Industrial Emission Control Systems Market – Asia Pacific, By Source, US$ Mn
Figure 24 North America Industrial Emission Control Systems Market, 2014 and 2023
Figure 25 Industrial Emission Control Systems Market – North America, By Device, US$ Mn
Figure 26 Industrial Emission Control Systems Market – North America, By Source, US$ Mn
Figure 27 Europe Industrial Emission Control Systems Market, 2014 and 2023
Figure 28 Industrial Emission Control Systems Market – Europe, By Device, US$ Mn
Figure 29 Industrial Emission Control Systems Market – Europe, By Source, US$ Mn
Figure 30 RoW Industrial Emission Control Systems Market, 2014 and 2023
Figure 31 Industrial Emission Control Systems Market – RoW, By Device, US$ Mn
Figure 32 Industrial Emission Control Systems Market – RoW, By Source, US$ Mn