Air Pollution Control Systems Market– Statistics And Analysis & Forecast To 2025

Posted by Mrudula Anil Karmarkar on April 8th, 2021

The global air pollution control systems market size is expected to be valued at USD 98.17 billion by 2025, per a new report by Grand View Research, Inc., registering a 5.0% CAGR during the forecast period. Rampant gas emissions from mining and construction sectors is projected to boost market growth.

Increasing adoption of air pollution control systems, rising awareness towards the importance of ecological conservation, and ongoing efforts to promote adoption of renewable fuels over fossil fuels is predicted to boost the global market. Numerous countries are announcing strict regulations to substantially reduce rampant use of fossil fuels that result in extensive emissions harmful gases and particulate matter.

Polluted air contains harmful substances in high concentrations and this can have undesirable effects on the ecology. Adverse effects include damage to human health, flora and fauna, and the environment at large. The eco system is vulnerable to pollution from natural sources and human activities. Combustion processes are among the largest originators of air contaminants, and industries that need combustion at the core of their processes are said to be major contributors to air pollution.

Scrubbers, both gas and chemical ones, are commonly used air pollution control equipment. Catalytic converters are air pollution control systems that convert hazardous pollutants and gases emitted by industrial exhausts into non-hazardous particulate matter by enabling a redox reaction, where there is a reduction and an oxidation reaction.

Chemical industries are some of the most prominent users of air pollution control systems.These include manufacturers of basic chemicals, specialty chemicals, consumer chemicals, and niche chemicals.

Further key findings from the report suggest:

• The U.S. air pollution control systems market is predicted to exhibit a CAGR of 3.9% over the forecast period. Beneficial government regulations, coupled with economic and financial benefits offered for controlling the pollution, are expected to encourage industry growth in the regional market
• The U.K. market was valued at USD 3.6 billion in 2017. The Department for Environment, Food, and Rural Affairs (DEFRA) is entrusted with the responsibility of regulating and monitoring levels of particulate matter and other harmful gases in the air. According to a 2017 report by the Royal College of Physicians and the Lancet Countdown on Health and Climate Change, 44 cities in the country have reported air quality below the recommended World Health Organization guidelines
• China is among the largest markets in the Asia Pacific region, owing to growing industrial and mining activities in the region. In 2016, the country’s Ministry of Environmental Protection stated that 84 out of 338 prefecture-level cities had accomplished the national air quality standard.

Rapid industrialization in several developing and developed countries has substantially contributed to the pollution of the environment. Unregulated emission of chemicals into the atmosphere has rendered some industrial towns and suburbs unfit for human habitation.

According to the State of Global Air 2018 published by a collaboration between Health Effects Institute and the Institute for Health Metrics and Evaluation’s Global Burden of Disease Project, approximately 95% of the global population resides in areas exceeding the World Health Organization’s guideline for healthy air. Nearly half of the world’s population lives in areas that do not meet the minimum levels of PM2.5, set by the WHO.

Research and exploration for alternative solutions are on across the globe, in addition to several sustainable cleanliness initiatives. From the onset of the last century, rapid industrialization has exerted considerable pressure on regulators and governments, making it difficult for them to effectively control pollution. The potential environmental and commercial effects of these government decisions can be significant, as witnessed during the 20th century. Rampant industrialization also led to widespread pollution, which was an unforeseen result of ineffective industrial air pollution. Financially viable options are being offered to service providers and investors to encourage them to comply with federal and environmental regulations.

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Industry participants are focusing on the development of new and more effective distribution channels to enhance existing market penetration. Large market players with a global presence account for a greater share in the overall market and are concentrated in the Asia Pacific and North America. The top five global manufacturers account for over 50.0% of the global revenue, with China and the U.S. controlling a substantial part of the distribution and manufacturing business. Players monitor industry developments and adapt to changing trends and strategies to maintain their position in the market.

Grand View Research has segmented the global air pollution control systems market on the basis of product, application:

Air Pollution Control Systems ApplicationOutlook (Revenue, USD Billion, 2014 - 2025)

• Chemical
• Iron & Steel
• Power Generation
• Cement
• Others

Air Pollution Control Systems Product Outlook (Revenue, USD Billion, 2014 - 2025)

• Scrubbers
• Thermal Oxidizers
• Catalytic Converters
• Electrostatic Precipitators
• Others

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information:www.grandviewresearch.com