The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Air Pollution Control Equipment Market.

It was estimated prior to this unanticipated outbreak that the Air Pollution Control Equipment Market will reach US$ 10.4 billion in 2025. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

For a more detailed breakdown of the COVID-19 impact on the Air Pollution Control Equipment Market, request a free sample of the report here: https://www.stratviewresearch.com/Request-Sample/812/air-pollution-control-equipment-market.html

Air Pollution Control Equipment Market Segment Analysis:

Based on the product type, the air pollution control equipment market is segmented as Oxidizers, ESPs, Scrubbers, Air Filters, and Others. Oxidizers are further broken down into thermal oxidizers, catalytic oxidizers, and other oxidizers. Analogously, ESPs are into dry ESPs and wet ESPs and scrubbers into dry scrubbers and wet scrubbers. ESPs are likely to remain the dominant segment during the forecast period, owing to their low maintenance and operating costs and high collection efficiency, delivering excellent results. Oxidizers are expected to remain the fastest-growing product type over the next five years as they are considered to be the most energy-efficient air pollution control equipment.

Based on the application type, the air pollution control equipment market is segmented as Chemical & Pharmaceutical, Flavour & Fragrance, Wood Products, Tire, Automotive, and Others. Chemical & pharmaceutical is projected to remain the most dominant as well as the fastest-growing application type in the air pollution control equipment market during the forecast period. Manufacturing of chemicals and medicines releases some hazardous and cryogenic fumes; adversely affecting the human race. Major equipment used for controlling air pollution in chemical & pharmaceutical application is thermal & catalytic oxidizers, dry & wet scrubbers, mist eliminators, and dust collectors.

In terms of region, Asia-Pacific is projected to remain the largest as well as the fastest-growing market for air pollution control equipment during the forecast period. China is one of the largest producers of chemicals, cement, automotive, flavor & fragrance, and tires among others. Huge domestic demand and significant cost benefit are driving the growth of the industrial sector in the country, which, in turn, is affecting the air quality of the country. The country is implementing stringent policies in order to control industrial air pollution. For instance; coal-fired power plants with capacity over 200 MW in all cities in Eastern China are required to install De-NOX filters. Since 2015, there has been a stricter implementation of environmental laws to curb industrial pollution in China. Thousands of factories that were unable to meet production standards have been suspended. Similar trends have also been witnessed in other emerging economies of the region including India and Taiwan.

Europe is expected to remain the second-largest market for air pollution control equipment in years to come. Western Europe is estimated to remain the major market, whereas Eastern Europe is projected to remain the fastest-growing market in Europe. European Union has set a limit for emissions of pollutants from large combustion plants with a thermal input of 50 MW or more and medium combustion plants over 1MW or less than 50 MW as a part of the Clean Air Policy Package.

The supply chain of this market comprises of parts manufacturers, air pollution control equipment manufacturers, distributors, and end-users. Some of the key players in the air pollution control equipment market are Anguil Environmental Systems, Inc., Babcock & Wilcox Enterprises, Inc., CECO Environmental Corp., CTP Chemisch Thermische Prozesstechnik GmbH, Durr AG, GE Company, Honeywell International Inc., Mitsubishi Heavy Industries, Ltd., The Fives Group, and Zeeco Inc.

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Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

Based on the research, a proper report is crafted with the following key features:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

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