Industrial Air Quality Control Systems Market Trends [2031]
Industrial Air Quality Control Systems Market Trends [2031]
Segments - Europe Industrial Air Quality Control Systems Market by Applications (Power Generation Industry, Cement Industry, Iron & Steel Industry, Chemical Industry, and Others), Types (Electrostatic Precipitators (ESP), Scrubbers, Selective Catalytic Reduction, Flue Gas Desulfurization (FGD), and Fabric Filters), and Region - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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| Report ID :CM-3053
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| 215 Pages
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Report Description
The Europe industrial air quality control systems market size was USD 8.50 Billion in 2022 and is likely to reach USD 9.30 Billion by 2031, expanding at a CAGR of 1% during 2023–2031. The growth of the market is attributed to EU goals for sustainable development and implementation of stringent guideline to control pollution.
Europe aspires to build a thriving, low-carbon economy with closed material cycles. Industry continues to be a substantial source of pollution in Europe's environment.
During the last decade, European industry has released few toxins into the air and water. Pollution discharges to the air and water in Europe have decreased as a result of environmental regulation and better pollutant abatement technology.
In Europe, soil pollution is connected to industrial activities. In the previous decade, waste transfers from industrial sites in the EU have been largely steady.
Pollutants released into the air by industry include greenhouse gases like carbon dioxide (CO2) and acidifying pollutants like Sulphur oxides (SOx). Pollutants that can harm human and environmental health, such as nitrogen oxides (NOx), particulate matter (in this instance PM10), non-methane volatile organic compounds (NMVOCs), and heavy metals, such as cadmium (Cd), lead (Pb), and mercury (Hg).
Industries are employing a variety of techniques to limit the effect of sulfur-based emissions, with a focus on gas-phase desulfurization. As a result, the most important technique created for this purpose is flue gas desulfurization (FGD).
Rudis completed a flue gas desulfurization facility for 600 MW Unit 6 at the thermal power plant Sostanj in May 2019, making it one of Europe top plants. The highest SO2 removal efficiency is 99.75 percent, and the outlet concentration is less than 100 mg/Nm3 (on average 20-30 mg/Nm3).
The German government passed the German Climate Action Plan 2050 in November 2016. By 2030, this plan intends to cut GHG emissions from the energy, building, transportation, industrial, and agricultural businesses by 60 percent, 65 percent, 40 percent, 50 percent, and 30 percent, respectively, from the energy, building, transportation, industrial, and agricultural industries.
Europe Industrial Air Quality Control Systems Market Trends, Drivers, Restraints, and Opportunities
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Rising demand for reduction in carbon emission is projected to drive the market during the forecast period.
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High dependency on coal for power generation has raised the emission in the region which is anticipated to drive the market.
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Increasing air pollution is expected to boost the market in the coming years.
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Rising stringent air quality standards and individuals growing awareness for air quality are major factors driving the market during the forecast period.
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Growing alternative and rising usage of renewable sources of energy with reduced/zero emissions are expected to hamper the market growth in coming years.
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High cost for installation of air quality control systems is projected to restrict the market expansion.
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Technological advancement in air filters technology and advance filters membrane with high efficiency is estimated to create lucrative opportunities for the market players.
Scope of Europe Industrial Air Quality Control Systems Market Report
The report on the Europe industrial air quality control systems market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Europe Industrial Air Quality Control Systems Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Applications (Power Generation Industry, Cement Industry, Iron & Steel Industry, Chemical Industry, and Other), Types (Electrostatic Precipitators (ESP), Scrubbers, Selective Catalytic Reduction, Flue Gas Desulfurization (FGD), and Fabric Filters) |
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Regional Scope |
Europe |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
General Electric Company; Mitsubishi Hitachi; Thermax Ltd; John Wood Group PLC; Babcock; Wilcox Enterprises Inc |
Europe Industrial Air Quality Control Systems Market Segment Insights
The power generation industry segment is projected to hold a large market share
Based on applications, the Europe industrial air quality control systems market is divided into power generation industry, cement industry, iron & steel industry, chemical industry, and others. The power generation industry segment is expected to account for a key share of the market during the forecast period owing to growing energy consumption in the region.
The flue gas desulfurization (FGD) segment is expected to expand at a rapid pace
In terms of types, the Europe industrial air quality control systems market is segmented into electrostatic precipitators (ESP), scrubbers, selective catalytic reduction, flue gas desulfurization (FGD), and fabric filters. The flue gas desulfurization (FGD) segment is expected to represent a key share of the market in the coming years due to lime/limestone-based FGD systems.
Segments
The Europe industrial air quality control systems market has been segmented on the basis of
Applications
- Power Generation Industry
- Cement Industry
- Iron & Steel Industry
- Chemical Industry
- Other
Types
- Electrostatic Precipitators (ESP)
- Scrubbers
- Selective Catalytic Reduction
- Flue Gas Desulfurization (FGD)
- Fabric Filters
Region
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Europe
Key Player
- Electric Company
- Mitsubishi Hitachi
- Thermax Ltd
- John Wood Group PLC
- Babcock
- Wilcox Enterprises Inc.
Competitive Landscape
Key players competing in the Europe industrial air quality control systems market include General Electric Company; Mitsubishi Hitachi; Thermax Ltd; John Wood Group PLC; Babcock; Wilcox Enterprises Inc.
Some of these players are coming up with several market strategies including mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial Air Quality Control Systems Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Industrial Air Quality Control Systems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial Air Quality Control Systems Market - Supply Chain
4.5. Global Industrial Air Quality Control Systems Market Forecast
4.5.1. Industrial Air Quality Control Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Air Quality Control Systems Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Industrial Air Quality Control Systems Market Absolute $ Opportunity
5. Global Industrial Air Quality Control Systems Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Industrial Air Quality Control Systems Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Industrial Air Quality Control Systems Demand Share Forecast, 2019-2026
6. North America Industrial Air Quality Control Systems Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Industrial Air Quality Control Systems Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Industrial Air Quality Control Systems Demand Share Forecast, 2019-2026
7. Latin America Industrial Air Quality Control Systems Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Industrial Air Quality Control Systems Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Industrial Air Quality Control Systems Demand Share Forecast, 2019-2026
8. Europe Industrial Air Quality Control Systems Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Industrial Air Quality Control Systems Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Industrial Air Quality Control Systems Demand Share Forecast, 2019-2026
9. Asia Pacific Industrial Air Quality Control Systems Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Industrial Air Quality Control Systems Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Industrial Air Quality Control Systems Demand Share Forecast, 2019-2026
10. Middle East & Africa Industrial Air Quality Control Systems Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Industrial Air Quality Control Systems Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Industrial Air Quality Control Systems Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Industrial Air Quality Control Systems Market: Market Share Analysis
11.2. Industrial Air Quality Control Systems Distributors and Customers
11.3. Industrial Air Quality Control Systems Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
Methodology
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