Air Pollution Control Systems Market Size, Share & Trends Analysis Report By Product (Scrubbers, Catalytic Converters, Thermal Oxidizers, Electrostatic Precipitators), By Application, And Segment Forecasts, 2020 - 2025

Industry Insights

The global air pollution control systems market size was valued at USD 66.54 billion in 2017 and is expected to exhibit a CAGR of 5.0% by 2025. Favorable government regulations, along with alarming levels of pollution, are encouraging the adoption of these systems. Rising population levels and growing respiratory issues in urban areas are also expected to contribute significantly to the growth of the market. Extensive research in devising solutions that can cater to the ever-increasing consumer demand for clean air has resulted in the development, promotion, and adoption of air purifiers and treatment units.

Rapid industrialization in several developing and developed countries has substantially contributed to the pollution of the environment. Unregulated emission of chemicals into the atmosphere has rendered some industrial towns and suburbs unfit for human habitation.

According to the State of Global Air 2018 published by a collaboration between Health Effects Institute and the Institute for Health Metrics and Evaluation’s Global Burden of Disease Project, approximately 95% of the global population resides in areas exceeding the World Health Organization’s guideline for healthy air. Nearly half of the world’s population lives in areas that do not meet the minimum levels of PM2.5, set by the WHO.

Research and exploration for alternative solutions are on across the globe, in addition to several sustainable cleanliness initiatives. From the onset of the last century, rapid industrialization has exerted considerable pressure on regulators and governments, making it difficult for them to effectively control pollution. The potential environmental and commercial effects of these government decisions can be significant, as witnessed during the 20th century. Rampant industrialization also led to widespread pollution, which was an unforeseen result of ineffective industrial air pollution. Financially viable options are being offered to service providers and investors to encourage them to comply with federal and environmental regulations.

Application Insights

By application, the market can be divided into chemicals, iron and steel, power generation, cement, and others. The iron and steel segment was valued at USD 13.27 billion in 2017 and is the second-fastest-growing application segment in the market.

While power generation is expected to witness the fastest growth through 2025, the chemical segment is also slated to present lucrative opportunities for players, particularly manufacturers of basic chemicals, specialty chemicals, consumer chemicals, and niche chemicals.

Product Insights

Scrubbers emerged as the dominant product segment in the air pollution control systems market, with a share of over 18.0% in terms of revenue in 2017. However, catalytic converters are poised to overtake this segment by the end of the forecast period. Scrubbers are systems that use numerous liquids to eliminate particulate matter and gases. The atomized liquid used carry pollutant gases and particles to efficiently remove them from the gas flow.

Electrostatic precipitators also form a key component in air pollution control systems. The power generation industry, including coal, fired plants, thermal, or steam power plants, widely use electrostatic precipitators owing to stringent government regulations, environmental laws, and surge in air pollution levels in various operations.

Regional Insights

The Asia Pacific is projected to dominate the global industry in terms of revenue by 2025. Strong economic growth, along with high production rates, is expected to help China in maintaining its position as a global economic superpower. Large-scale investments in core industries such as chemical manufacturing, power generation, and mining are projected to augment market growth.

The European market consists of countries such as the U.K., Spain, Germany, Italy, and Russia, along with other Eastern and Central European countries. In 2017, Europe was the second-largest market in terms of revenue, accounting for 31.78% of the global market. This is owing to efforts taken by various governments to control steadily deteriorating air quality.

Air Pollution Control Systems Market Share Insights

Industry participants are focusing on the development of new and more effective distribution channels to enhance existing market penetration. Large market players with a global presence account for a greater share in the overall market and are concentrated in the Asia Pacific and North America. The top five global manufacturers account for over 50.0% of the global revenue, with China and the U.S. controlling a substantial part of the distribution and manufacturing business. Players monitor industry developments and adapt to changing trends and strategies to maintain their position in the market.

Air Pollution Control Systems Market Report Scope

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels, and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2014 to 2025. For this study, Grand View Research has segmented the global air pollution control systems market report based on the product, application, and region:

• ApplicationOutlook (Revenue, USD Billion, 2014 - 2025)

  • Chemical

  • Iron & Steel

  • Power Generation

  • Cement

  • Others

• Product Outlook (Revenue, USD Billion, 2014 - 2025)

  • Scrubbers

  • Thermal Oxidizers

  • Catalytic Converters

  • Electrostatic Precipitators

  • Others

• Regional Outlook (Revenue, USD Billion, 2014 - 2025)

  • North America

    • The U.S.

    • Canada

  • Europe

    • Germany

    • Russia

    • U.K.

    • Spain

    • Italy

  • Asia Pacific

    • China

    • Japan

    • South Korea

    • India

    • Australia

  • Central & South America

    • Brazil

  • The Middle East and Africa

    • UAE

    • Saudi Arabia