The ensuing years are expected to witness industrial emission control systems market carving out a lucrative growth chart, pertaining to the fact that numerous governmental and regulatory bodies across the globe have been looking out for ways to tackle the ongoing pollution crisis. The governments of various nations have partnered with the many global environmental agencies and have been implementing ways to control the pollution caused due to nitrogen and Sulphur oxide pollutants and other particulate matter. This factor is expected to positively impel industrial emission control systems industry, slated to cross USD 24 billion by2024, with a CAGR estimation of 6% over 2016-2024.

Harmful emissions of VOCs and other dangerous pollutants emitted by factories can have fatal effects on human health. On these grounds, strict regulations have been imposed on industries to deploy technologies designed to efficiently collect and eliminate these harmful particulates, thereby influencing global industrial emission control systems market. This has led to industry participants brainstorming a variety of devices that will eliminate these dangerous pollutants, such as scrubbers, catalytic systems, electrostatic precipitators, and absorbers. These devices form the product landscape of global industrial emission control systems industry.

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Electrostatic precipitator market is forecast to expand at a rate of 6% over 2016-2024, which will subsequently impel industrial emission control systems industry.  These precipitators are one of the most efficient emission control devices and find applications in the cement, paper, steel, and power plant industries. ESPs are very efficiently designed to gather fine smoke, particulate, and dust particles by applying electrostatic force.

Europe, with a huge number of developed economies, is expected to witness a lucrative growth rate, on account of the large number of power plants in the region. Rapid industrialization and high economic growth in the countries such as Italy, France, and Spain will spur Europe industrial emission control industry. While France industrial emission control systems market is slated to exhibit a CAGR of more than 9% during the forecast timeline, Germany industrial emission control industry is anticipated to depict a growth rate of 8% over 2016-2024.

The requirement of uninterrupted, continuous power supply is rampant across the globe. Power plants however, are notorious for the emission of harmful pollutants and corrosive acidic and basic vapors. On these grounds, companies operating in the power generation sector have been heavily deploying emission control systems, thereby influencing industrial emission control systems market. In addition, a strict regulatory framework that mandates pollution control will spur industrial emission control systems industry from power plant applications, slated to grow at a CAGR of 6% over 2016-2024, having held a valuation of USD 5 billion in 2015.

Cement factories are infamous for the level of pollutant emissions. Cement is extensively used in the construction and infrastructure development sectors, owing to which cement factories are desperately installing emission control systems. This in turn, will stimulate industrial emission control systems industry from cement applications, which was worth USD 1.5 billion in 2015.

Speaking of the construction sector, research analysts claim this industry to reach great heights across Asia Pacific in the years to come. Undoubtedly, the cement factories across the region are bound to place a heavy emphasis on the deployment of emission control devices, which will drive APAC industrial emission control systems market over the years to come. In addition, rising population and favorable governmental regulations will fuel China industrial emission control systems industry, which will subsequently fuel the regional market.

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Key companies such as Mitsubishi Hitachi Power Systems, General Electric Company, Babcock & Wilcox Enterprises, Ducon Technologies, APC Technologies, Air Clean LLC, Hamon Corporation, Thermax Ltd., Auburn Systems, Fujian Longking Co., BASF, CECO Environmental Corp, Johnson Matthey, and Amec Foster Wheeler form the competitive framework of global industrial emission control systems market.

Partial Chapter of the Table of Content

Chapter 2    Executive Summary

2.1    Industrial Emission Control Systems industry 360⁰ synopsis, 2013 - 2024

2.1.1    Current business environment

2.1.2    Device trends

2.1.3    Emitting industry trends

2.1.4    Regional trends

Chapter 3    Industrial Emission Control Systems Industry Insights

3.1    Industry segmentation

3.2    Industry size and forecast, 2013 – 2024

3.3    Industrial Emission Control Systems ecosystem analysis

3.4    Vendor landscape

3.5    Innovation & sustainability

3.6    Regulatory framework

3.6.1    U.S.

3.6.2    Europe

3.6.3    Brazil

3.6.4    China

3.7    Industrial Emission Control Systems industry impact forces

3.7.1    Growth drivers

3.7.1.1   Strong regulatory framework and industry standards for emission control

3.7.1.2   Rising demand for power and industrial goods

3.7.1.3   Globalization creating manufacturing centers in emerging nations

3.7.2    Industry pitfalls & challenges

3.7.2.1   Volatile geopolitical scenario

3.7.2.2   Operational and performance issues

3.8    Growth potential analysis

3.9    Porter’s analysis

3.10  Competitive landscape

3.11  PESTEL analysis

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