Infinium Global Research has added a new report on Industrial
Emission Control Systems Market. The report presents analysis of global
as well as regional markets of industrial emission control systems market over
the period of 2016 to 2024.
Industrial air pollutants are responsible for a number of
adverse environmental effects, such as photochemical smog, acid rain, death of
forests. The major sources of greenhouse emissions are transportation,
electricity production, land use, forestry, and agriculture. Emissions of
greenhouse gases from combustion of fossil fuels are associated with the global
warming of Earth's climate. Hence, the Industrial emission control systems are
used that monitors and reduce harmful products that are released by combustion
and other emission processes that cause environmental pollution.
Increasing demand for electricity with growing infrastructure
are anticipated to drive the global industrial emission control system market.
Additionally, positive outlook towards chemical, automobile and refineries are
expected to fuel the growth of the industrial emission control systems market
.Moreover increasing construction spending is further expected to compliment
industrial growth. On the other hand, growth of the coal power industry in
developed nations will also help to drive the growth of the industrial emission
control systems market.
However, growing use of alternative fuels for power generation
in a proposal to reduce the dependency of coal is anticipated to hinder the
growth of the industrial emission control system market over the forecast
period. On the other hand, industries emits harmful toxic gases that includes
the materials such as NOx, Sox, VOCs which are extremely harmful for the
environment and high proportion of this pollutants leads to serious health
concerns.
Furthermore, government across the globe are striving to reduce
environmental damages by developing policy framework that is anticipated to
motivate the implementation of various pollution control technologies. This in
turn is expected to provide several growth opportunities for the key players in
the industrial emission control system market over the upcoming years.
Moreover, traditionally power plants have installed the devices that have the
life around 10 to 15 years and hence power generation industry has become the
major industry owing to the replacement of the older devices. This is
anticipated to be the severe factor for the growth of the industrial emission
control system market over the years to come.
Among the geographies, Asia pacific region is the major
contributor in terms of revenue followed by North America. Additionally,
globalization has led to various manufacturing companies from the developing
countries such as India and china to migrate to the low cost countries.
Moreover, government initiatives in infrastructure and urban development are
anticipated to drive the cement industry in the Asia Pacific regions. On the
other hand, the development of coal-fired power plants has particularly gained
momentum in the Asia Pacific regions owing to the shortage of developed
renewable energy infrastructure. Countries such as Indonesia and Thailand
besides China and India could enlarge the demand in Asia Pacific with their
rising need for electricity.
The prominent players in the industrial emission control system
are Johnson Matthey, BASF, Babcock & Wilcox Enterprises, Amec Foster
Wheeler, and Mitsubishi Hitachi Power Systems. In addition, presence of large
number of international players in US have created awareness regarding system
up gradation and installation of technologies to limit the pollution. Moreover, the growth matrix presented by
Infinium Global Research identifies the key investment markets in the near
future, this will not only help the companies to understand the competitive
position in the global industrial emission control systems market but also make
strategic decisions to capture the most lucrative markets in the near future.
The market size is presented in terms of value for the historic
year 2016 and estimated for forecast period of 2018-2024.
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early purchase of global industrial emission control systems market report by
clicking the following link, Use code IGRD15 to request the discount in the
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The recent report identified that Asia Pacific dominated the
global industrial emission control systems market over the last couple of
years, while emerging markets of Asia-Pacific and Latin America are anticipated
to contribute significantly to the growth in the industrial emission control
systems market worldwide.
The report segments the global industrial emission control systems
market on the basis of Emission Source and Device Type.
Global Industrial Emission Control Systems Market
by Emission Source
·
Power Plants
·
Chemical Process
·
Marine
·
Waste To Energy
Global Industrial Emission Control Systems Market
by Device Type
·
ESP
·
Catalytic Reactors
·
Incinerators
·
Filters
Companies Profiled in the Report
·
Mitsubishi Hitachi Power Systems
·
Johnson Matthey
·
BASF
·
Amec Foster Wheeler
·
Ducon Technologies
·
General Electric Company
·
Thermax
·
Wilcox Enterprises
·
Air Clean LLC
·
APC Technologies
About Infinium Global Research
Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.
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