Air Pollution Control Equipment Market to Grow Rapidly due to Increasing Awareness of Environmental Hazards.
The global Air Pollution Control Equipment Market is expected to witness rapid growth in the coming years, owing to the increasing awareness of environmental hazards caused by air pollution. Air pollution is a significant contributor to several health problems, including respiratory and cardiovascular diseases, and it has also been linked to climate change.
The demand for air pollution control equipment is driven by strict government regulations aimed at reducing air pollution levels, along with increasing awareness among individuals and businesses about the need to reduce their carbon footprint. The implementation of emission control regulations in several countries has increased the demand for air pollution control equipment, particularly in industries such as power generation, chemical manufacturing, and petrochemicals.
The report by Eternity Insights on the Air Pollution Control Equipment Market indicates that the global market is expected to grow at a compound annual growth rate (CAGR) of 5.2% during the forecast period 2023-2030. The report further highlights that the market is expected to reach a valuation of USD 23.7 billion by the end of 2030, up from USD 15.5 billion in 2020.
Among the various types of air pollution control equipment available in the market, the report highlights that the demand for electrostatic precipitators (ESP) is expected to grow significantly during the forecast period. The high efficiency of ESPs in removing particulate matter from flue gas emissions, coupled with their low maintenance and operating costs, is expected to drive their adoption in several industries.
Furthermore, the report indicates that the Asia-Pacific region is expected to witness the fastest growth in the air pollution control equipment market during the forecast period. The increasing industrialization and urbanization in countries such as China and India, along with the implementation of stringent emission control regulations, are expected to drive the demand for air pollution control equipment in the region.
Leading players in Air Pollution Control Equipment include:
Market segment by Region/Country including:
If you have any special requirements, please let us know and we can provide you with the customized report as you want.
Choose License Type