Global Air Quality Control System Market By Type (Electrostatic Precipitators, Flue Gas Desulfurization, Scrubbers, Selective Catalytic Reduction, Fabric Filters), By Application (Power Generation, Cement Industry, Iron & Steel Industry, Chemical Industry, and Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
Market Outlook:
The global air quality control system market was valued at USD 4,923.6 Mn in 2022 and is projected to reach USD 6,990.8 Mn by 2031, expanding at a CAGR of 4.8% during the forecast period. Air quality control system (AQCS) are used for reducing the contaminants from indoor and ambient air.
The pollutants are emitted by manufacturing industries such as medical, mining, automotive, power generation plants, and pharmaceuticals. Thus, air quality control systems offer solutions for reducing gases, air, and contaminants to provide cleaner air discharge. The air quality control system market is primarily driven by the growth in awareness about air pollution and its effect on health and well-being. However, high investment and operation costs associated with these systems are expected to restrain the market.
Market Dynamics
Trends
A dry electrostatic precipitator works on a hot process exhaust (250-850°F) and operates above the dew point of the gas stream. Dry ESP is a high-capacity separator that has been developed with the specific aim of achieving minimum operating cost and maximum separation efficiency of around 99%.
This type of device is mostly used for collecting dry dust particles such as coal ash, incinerator ash, or wood ash from incinerator or boiler applications and is used in petroleum cat crackers, cement kilns, and carbon anode ovens. Dry electrostatic precipitator, devices are used in different industries, as they transport and collect dust in dry conditions. Additionally, the use of dry ESP has increased in the cement industry, due to its low maintenance costs and low electricity consumption.
Drivers
Stringent Government Regulations Regarding Emission
Many countries around the world have improved their economy from agriculture-based to the industrial-based urban economy in the past few years. This transformation has made effects on various human activities as these industries are emitting many harmful gases and particulates into the air as also it is polluting the environment as a whole.
According to the World Health Organization (WHO), air quality is deteriorating every year. Nearly seven million people die due to air pollution, especially in developing countries. The detrimental impact on human health is strongly correlated with the polluted environment, which is subsequently degrading life satisfaction. This, in turn, is increasing awareness regarding air quality and the environment, thus fueling the demand for air quality control systems.
Rising Awareness Regarding Air Pollution
Environmental pollution has become a serious problem and dust has become one of the biggest causes of pollution. Governments around the globe are trying to control air pollution by implementing air quality control systems or by using air pollution equipment to minimize environmental damage.
Additionally, laws and regulations have been implemented to ensure that industrial plants or factories with high emissions use air quality control systems to curb air pollution. Thus, the implementation of strict legislation related to mercury and nitrogen oxide emissions in the atmosphere is anticipated to fuel the demand for air quality control systems.
Restraint
High Product Cost
High product cost is expected to hamper the market growth during the forecast period. Air quality control systems require substantial initial investments and thus many investors refrain from investing in this system.
Furthermore, the need for skilled personnel to operate the system and its complexity hinder market expansion. Lack of awareness about the benefits of air quality monitoring systems among potential buyers prevents the widespread adoption of the systems.
Opportunity
Rapid industrialization across the world
The number of air quality control systems is expected to grow, as the number of industries is growing across the world. Moreover, rapid industrialization in emerging economies such as China and India is fueling the need for air quality control systems. The demand for coal-fired power generation is expected to be high as the demand for energy is increasing.
In addition to this, the demand for air quality control systems is anticipated to grow as companies are investing in core industries such as mining, the cement industry, and chemical manufacturing. Furthermore, China's growth performance in the economy, high investment in research & development (R&D), and rise in technical support are expected to create opportunities in the market in the region.
Segmental Outlook
On the basis of types, the air quality control system market is segmented into electrostatic precipitators, flue gas desulfurization, scrubbers, selective catalytic reduction, and fabric filters.The electrostatic precipitators segment is anticipated to expand at a CAGR of 4.7% during the forecast period owing the growth in population, especially in the urban areas and the rise in health awareness among people.
The electrostatics precipitator segment is expected to grow due to rise in air emissions. Additionally, rise in the adoption of this system by the cement industry due to construction and infrastructure activities worldwide, and electrostatic precipitator are helping in the reduction of air pollution.
Based on applications, the air quality control system market is divided into the power generation, cement industry, iron & steel industry, chemical industry, and others. The power generation segment is projected to hold a major share of the market during the forecast period owing to rising industrialization, growing population, and increasing number of coal-fired power plants, as they are a major source of sulfur pollutants.
In the power generation sector, coal accounts for 83% of fine particulate emissions, 86% of NOx emission, 94% of mercury emissions, and 98% of SO2 emission. In 2018, about 42% of power generated globally was by using coal. Thus, the demand for air quality control system devices in the market has increased to help minimize air pollution.
Regional Outlook
In terms of regions, the market is fragmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is a promising region for the market. The region constituted for 58.7% share of the market in 2019. The market in the region is projected to expand at a CAGR of 4.8% during the forecast period.
Rapid growth of the industrial sector such as cement production, power generation, and metal & chemical processing is driving the air quality control systems market. Countries such as India and China are among the most polluted countries in the world.
Governments of these countries are trying to implement emission laws and regulations across various industries, thus fueling the demand for air quality control systems in Asia Pacific. The market in North America is projected to expand at a CAGR of 4.5% due growing prevalence of measles in the region.
Key Benefits for Industry Participants & Stakeholders
- In-depth Analysis of the Global Air Quality Control System Market
- Historical, Current and Projected Market Size in terms of Value
- Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
- Industry Drivers, Restraints and Opportunities Covered in the Study
- Recent Industry Trends and Developments
- Competitive Landscape & Strategies of Key Players
- Neutral Perspective on Global Air Quality Control System Market Performance
Video Summary for Air Quality Control System Market :
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Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Air Quality Control System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Air Quality Control System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Air Quality Control System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Air Quality Control System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Air Quality Control System Market Size & Forecast, 2017-2027
4.5.1 Air Quality Control System Market Size and Y-o-Y Growth
4.5.2 Air Quality Control System Market Absolute $ Opportunity
Chapter 5 Global Air Quality Control System Market Analysis and Forecast Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities Type
5.1.2 Basis Point Share (BPS) Analysis Type
5.1.3 Absolute $ Opportunity Assessment Type
5.2 Air Quality Control System Market Size Forecast Type
5.2.1 Electrostatic Precipitators
5.2.2 Flue Gas Desulfurization
5.2.3 Scrubbers
5.2.4 Selective Catalytic Reduction
5.2.5 Fabric Filters
5.3 Market Attractiveness Analysis Type
Chapter 6 Global Air Quality Control System Market Analysis and Forecast Application
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities Application
6.1.2 Basis Point Share (BPS) Analysis Application
6.1.3 Absolute $ Opportunity Assessment Application
6.2 Air Quality Control System Market Size Forecast Application
6.2.1 Power Generation
6.2.2 Cement Industry
6.2.3 Iron & Steel Industry
6.2.4 Chemical Industry
6.2.5 Others
6.3 Market Attractiveness Analysis Application
Chapter 7 Global Air Quality Control System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Air Quality Control System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Air Quality Control System Analysis and Forecast
9.1 Introduction
9.2 North America Air Quality Control System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Air Quality Control System Market Size Forecast Type
9.6.1 Electrostatic Precipitators
9.6.2 Flue Gas Desulfurization
9.6.3 Scrubbers
9.6.4 Selective Catalytic Reduction
9.6.5 Fabric Filters
9.7 Basis Point Share (BPS) Analysis Type
9.8 Absolute $ Opportunity Assessment Type
9.9 Market Attractiveness Analysis Type
9.10 North America Air Quality Control System Market Size Forecast Application
9.10.1 Power Generation
9.10.2 Cement Industry
9.10.3 Iron & Steel Industry
9.10.4 Chemical Industry
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis Application
9.12 Absolute $ Opportunity Assessment Application
9.13 Market Attractiveness Analysis Application
Chapter 10 Europe Air Quality Control System Analysis and Forecast
10.1 Introduction
10.2 Europe Air Quality Control System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Air Quality Control System Market Size Forecast Type
10.6.1 Electrostatic Precipitators
10.6.2 Flue Gas Desulfurization
10.6.3 Scrubbers
10.6.4 Selective Catalytic Reduction
10.6.5 Fabric Filters
10.7 Basis Point Share (BPS) Analysis Type
10.8 Absolute $ Opportunity Assessment Type
10.9 Market Attractiveness Analysis Type
10.10 Europe Air Quality Control System Market Size Forecast Application
10.10.1 Power Generation
10.10.2 Cement Industry
10.10.3 Iron & Steel Industry
10.10.4 Chemical Industry
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis Application
10.12 Absolute $ Opportunity Assessment Application
10.13 Market Attractiveness Analysis Application
Chapter 11 Asia Pacific Air Quality Control System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Air Quality Control System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Air Quality Control System Market Size Forecast Type
11.6.1 Electrostatic Precipitators
11.6.2 Flue Gas Desulfurization
11.6.3 Scrubbers
11.6.4 Selective Catalytic Reduction
11.6.5 Fabric Filters
11.7 Basis Point Share (BPS) Analysis Type
11.8 Absolute $ Opportunity Assessment Type
11.9 Market Attractiveness Analysis Type
11.10 Asia Pacific Air Quality Control System Market Size Forecast Application
11.10.1 Power Generation
11.10.2 Cement Industry
11.10.3 Iron & Steel Industry
11.10.4 Chemical Industry
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis Application
11.12 Absolute $ Opportunity Assessment Application
11.13 Market Attractiveness Analysis Application
Chapter 12 Latin America Air Quality Control System Analysis and Forecast
12.1 Introduction
12.2 Latin America Air Quality Control System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Air Quality Control System Market Size Forecast Type
12.6.1 Electrostatic Precipitators
12.6.2 Flue Gas Desulfurization
12.6.3 Scrubbers
12.6.4 Selective Catalytic Reduction
12.6.5 Fabric Filters
12.7 Basis Point Share (BPS) Analysis Type
12.8 Absolute $ Opportunity Assessment Type
12.9 Market Attractiveness Analysis Type
12.10 Latin America Air Quality Control System Market Size Forecast Application
12.10.1 Power Generation
12.10.2 Cement Industry
12.10.3 Iron & Steel Industry
12.10.4 Chemical Industry
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis Application
12.12 Absolute $ Opportunity Assessment Application
12.13 Market Attractiveness Analysis Application
Chapter 13 Middle East & Africa (MEA) Air Quality Control System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Air Quality Control System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Air Quality Control System Market Size Forecast Type
13.6.1 Electrostatic Precipitators
13.6.2 Flue Gas Desulfurization
13.6.3 Scrubbers
13.6.4 Selective Catalytic Reduction
13.6.5 Fabric Filters
13.7 Basis Point Share (BPS) Analysis Type
13.8 Absolute $ Opportunity Assessment Type
13.9 Market Attractiveness Analysis Type
13.10 Middle East & Africa (MEA) Air Quality Control System Market Size Forecast Application
13.10.1 Power Generation
13.10.2 Cement Industry
13.10.3 Iron & Steel Industry
13.10.4 Chemical Industry
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis Application
13.12 Absolute $ Opportunity Assessment Application
13.13 Market Attractiveness Analysis Application
Chapter 14 Competition Landscape
14.1 Air Quality Control System Market: Competitive Dashboard
14.2 Global Air Quality Control System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ANDRITZ AG
14.3.2 Babcock & Wilcox Enterprises, Inc.
14.3.3 Doosan Heavy Industries & Construction
14.3.4 Ducon Technologies Inc.
14.3.5 Enviropol Engineers Pvt. Ltd.
14.3.6 Fujian Longking Co. Ltd
14.3.7 GEA Group Aktiengesellschaft
14.3.8 GENERAL ELECTRIC COMPANY
14.3.9 HAMON
14.3.10 IONFILTRA
14.3.11 Isgec Heavy Engineering Ltd.
14.3.12 MITSUBISHI HEAVY INDUSTRIES, LTD.
14.3.13 RIECO
14.3.14 Siemens AG
14.3.15 Thermax Limited
14.3.16 Tri-mer
14.3.17 UNITED ENVIRO SYSTEM
14.3.18 VT CORP Pvt Ltd
14.3.19 Wood plc