Air Pollution Control Systems Market: Current Analysis and Forecast (2022-2028)

Global Air Pollution Control Systems Market is expected to grow at a significant rate of around 5% during the forecast period. The rising concerns for an environment-friendly environment would increase the overall demand for air pollution control systems. This is due to surging industrialization which emits a lot of air pollution which leads to airborne diseases, breathing in air pollutants can irritate a patient's airways and may cause shortness of breath, coughing, wheezing, asthma episodes, and chest pain. For instance, according to the world health organization (WHO), 9 out of 10 people breathe air containing high levels of pollutants. In 2019, 99% of the world population was living in places where the WHO air quality guidelines levels were not met. Both the number of cases and the prevalence of pollution have been steadily increasing over the past few decades. These factors will proliferate the air pollution control system market growth during the forecast period.

Babcock & Wilcox Enterprises Inc., Daikin Industries Ltd., Donaldson Company Inc., ELEX AG, GEA Group AG, General Electric Company, Hamon Group, MANN+HUMMEL, Mitsubishi Hitachi Power Systems ltd., and Thermax Limited. are some of the key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.

Insights Presented in the Report:

"Amongst product, catalytic converters category to witness robust CAGR during the forecast period"

Based on product, the market is segmented into scrubbers, thermal oxidizers, catalytic converters, electrostatic precipitators, and others. catalytic converters category to witness a significant growth rate during the forecast period owing to their ability to exist in a variety of oxidation states, the interchange between oxidation states, form complexes with organic ligands, and act as a good source of electrons. Moreover, it is mandatory to install catalytic converters in all types of cars. Further, it is modified and used on trucks, buses, forklifts, mining equipment, generator sets, locomotives, motorcycles, airplanes, and other engine-fitted devices.

"Amongst application, power generation category to witness robust CAGR during the forecast period"

Based on application, the market is segmented into chemical, iron & steel, power generation, cement, and others. power generation category to witness a considerable growth rate during the forecast period. This is mainly due to the growing industrialization, high demand for power supply and the strict government regulations regarding air pollution control will increase the installations of the air pollution control systems and therefore drive the growth of the air pollution control systems market. For instance, in 2019, the Central Government of India designated the Council of Scientific and Industrial Research-National Physical Laboratory (CSIR-NPL) as the National verification agency for certifying equipment and instruments for monitoring emissions and ambient air.

"APAC to hold a significant share in the market"

For a better understanding of the market adoption of air pollution control systems, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, Rest of North America), Europe (Germany, UK, France, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. The Asia Pacific held a significant market share in the global market. APAC held a significant market share in the global market owing to a large and growing base of chemical, petroleum, and petrochemical industries and its associated sectors along with a large automotive market in the region. Further, the rising focus on environmental protection has opened new areas of pollution control systems in the region. This is further likely to boost the market. For instance, according to the UN Environment Programme (UNEP), 6.5 million people die annually from exposure to poor air quality. 70% of air pollution-related death occur in the Asia Pacific.

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Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.

The study comprehensively covers the market across different segments.

Deep dive regional level analysis of the industry.

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