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From 2024–2031, the worldwide market for gas cleaning technologies is projected to expand from an initial valuation of USD 31.89B in 2023, a CAGR (compound annual growth rate) of 6.9%.
Several factors have contributed to the expansion of the industry, including strict rules aimed at controlling air pollution, such as the Clean Air Act (CAA) and the National Ambient Air Quality Standards, as well as an increase in the number of energy and power plants, including those that use coal or gas as fuel. Governments and environmental agencies are under increasing pressure to restrict emissions due to the growing number of industrial operations around the globe. This market is anticipated to be driven throughout the forecast period by the implementation of strict gas emissions rules by various governments pertaining to industrial sectors.
In order to help vendors identify promising areas for growth, this study will break down the market by region and then into specific categories. Knowing the present state of the market and its projected trajectory for growth was crucial for making an opportunity assessment. In order to predict the market, consumption and production habits are being analyzed meticulously. Additional elements taken into account while making market projections include the expansion of neighboring markets, the revenue growth of major market suppliers, scenario-based analysis, and the expansion of market segments.
A combination of top-down and bottom-up market estimation methods, reinforced by interviews with key opinion leaders in the field, was used to arrive at the final market size. The Environmental & Facilities Services were derived by taking the market's characteristics into account, which included aggregating segments, the EFS's contribution to Commercial & Professional Services, and vendor share. An analysis was conducted to ascertain the market's growth rate by identifying and evaluating the influence of several elements, including drivers, trends, constraints, and opportunities. We evaluated the market's growth year-on-year to comprehend it in detail. In order to ascertain trends of growth, we also compared past growth rates.
The global demand for coal-fired power has surged, driven in part by the fall of renewable energy sources and the economic fallout from the conflict between Russia and Ukraine. Nearly a third of all greenhouse gas emissions come from industrial processes, whether measured in terms of direct or indirect emissions, as reported by the World Bank Group. Some of the most significant contributors to climate change and global warming come from the iron and steel, chemical, manufacturing, and cement industries. The main reason for this is the high amount of energy needed to process and manufacture them. Therefore, businesses must quickly implement air pollution control measures to reduce their emissions of greenhouse gases.
As coal-fired power facilities become more commonplace around the world, the market is projected to see substantial growth. The International Energy Agency reports that coal-fired power generation reached a record high in 2021, increasing by an impressive 8% globally. Coal accounted for about 50% of the increase in electricity consumption in 2021. U.S. emissions from coal-fired power stations increased by 16% in 2021 compared to 2020, while EU emissions increased by 20%. With a significant 13% growth from 2020 to 2021, coal-fired power generation in India also reached a new high that year.
The market for pollution control technology is projected to experience strong growth due to the rising levels of air pollution and the negative impact it has on human health and the environment. There has been a dramatic increase in air pollution as a result of fast industrialization and growth across several sectors. Carbon monoxide, hydrocarbons, sulfur dioxide, and nitrogen oxides are some of the hazardous pollutants emitted by these industrial operations that use these gases. So, there has been, and will likely be, an increase in the need for devices that mitigate pollution.
Report Coverage
Global Gas Cleaning Technologies research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Gas Cleaning Technologies report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Gas Cleaning Technologies competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Gas Cleaning Technologies market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Gas Cleaning Technologies market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Gas Cleaning Technologies market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Babcock & Wilcox Enterprises, Inc., ALFA LAVAL, CECO Environmental, Evoqua Water Technologies LLC, Fuji Electric Co., Ltd., GEA Group Aktiengesellschaft, Wärtsilä, S.A. HAMON, Hitachi Zosen Inova AG, KCH Services Inc., Nederman Holding AB, Tri-Mer Corporation, Verantis Environmental Solutions Group, Yara Marine Technologies, Elessent Clean Technologies Inc., DuconEnv.com, Dürr Aktiengesellschaft, FLSmidth, ANDRITZ, John Cockerill
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Gas Cleaning Technologies market based on the below-mentioned segments:
Global Gas Cleaning Technologies Market, By Type
Scrubbers, Wet Scrubber, Packed Bed Scrubber, Venturi Scrubber, Spray Scrubber, Others, Dry Scrubber, Semi-dry, Dry, Dry Sorbent Injection, Particulate/Dust Collection, Baghouse, Gas Filtration, Electrostatic Precipitators (ESP), Cyclonic Separators, Mist, Aerosols, Fine Particulate, Wet Electrostatic Precipitator (WESP), Candle Filter/Mist Eliminators, Glass, Carbon, Polypropylene, Polyester, Others, NOx Reduction, SCR/SNCR, Low NOx Burners, NOx wet Scrubbing
Global Gas Cleaning Technologies Market, By End User
Power Generation, Coal, Natural Gas, Others, Chemical, Cement, Refinery & Petrochemical, Pulp & Paper, Mining, Textiles, Metals, Steel, Integrated, Electric Arc Furnace, Downstream Finishing, Aluminum, Others
Global Gas Cleaning Technologies market, Regional Analysis
Several factors have contributed to the expansion of the industry, including strict rules aimed at controlling air pollution, such as the Clean Air Act (CAA) and the National Ambient Air Quality Standards, as well as an increase in the number of energy and power plants, including those that use coal or gas as fuel. Governments and environmental agencies are under increasing pressure to restrict emissions due to the growing number of industrial operations around the globe. This market is anticipated to be driven throughout the forecast period by the implementation of strict gas emissions rules by various governments pertaining to industrial sectors.
In order to help vendors identify promising areas for growth, this study will break down the market by region and then into specific categories. Knowing the present state of the market and its projected trajectory for growth was crucial for making an opportunity assessment. In order to predict the market, consumption and production habits are being analyzed meticulously. Additional elements taken into account while making market projections include the expansion of neighboring markets, the revenue growth of major market suppliers, scenario-based analysis, and the expansion of market segments.
A combination of top-down and bottom-up market estimation methods, reinforced by interviews with key opinion leaders in the field, was used to arrive at the final market size. The Environmental & Facilities Services were derived by taking the market's characteristics into account, which included aggregating segments, the EFS's contribution to Commercial & Professional Services, and vendor share. An analysis was conducted to ascertain the market's growth rate by identifying and evaluating the influence of several elements, including drivers, trends, constraints, and opportunities. We evaluated the market's growth year-on-year to comprehend it in detail. In order to ascertain trends of growth, we also compared past growth rates.
The global demand for coal-fired power has surged, driven in part by the fall of renewable energy sources and the economic fallout from the conflict between Russia and Ukraine. Nearly a third of all greenhouse gas emissions come from industrial processes, whether measured in terms of direct or indirect emissions, as reported by the World Bank Group. Some of the most significant contributors to climate change and global warming come from the iron and steel, chemical, manufacturing, and cement industries. The main reason for this is the high amount of energy needed to process and manufacture them. Therefore, businesses must quickly implement air pollution control measures to reduce their emissions of greenhouse gases.
As coal-fired power facilities become more commonplace around the world, the market is projected to see substantial growth. The International Energy Agency reports that coal-fired power generation reached a record high in 2021, increasing by an impressive 8% globally. Coal accounted for about 50% of the increase in electricity consumption in 2021. U.S. emissions from coal-fired power stations increased by 16% in 2021 compared to 2020, while EU emissions increased by 20%. With a significant 13% growth from 2020 to 2021, coal-fired power generation in India also reached a new high that year.
The market for pollution control technology is projected to experience strong growth due to the rising levels of air pollution and the negative impact it has on human health and the environment. There has been a dramatic increase in air pollution as a result of fast industrialization and growth across several sectors. Carbon monoxide, hydrocarbons, sulfur dioxide, and nitrogen oxides are some of the hazardous pollutants emitted by these industrial operations that use these gases. So, there has been, and will likely be, an increase in the need for devices that mitigate pollution.
Report Coverage
Global Gas Cleaning Technologies research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Gas Cleaning Technologies report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Gas Cleaning Technologies competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Gas Cleaning Technologies market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2031 |
| Base Year | 2023 |
| Forecast Period | 2023-2031 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Babcock & Wilcox Enterprises, Inc., ALFA LAVAL, CECO Environmental, Evoqua Water Technologies LLC, Fuji Electric Co., Ltd., GEA Group Aktiengesellschaft, Wärtsilä, S.A. HAMON, Hitachi Zosen Inova AG, KCH Services Inc., Nederman Holding AB, Tri-Mer Corporation, Verantis Environmental Solutions Group, Yara Marine Technologies, Elessent Clean Technologies Inc., DuconEnv.com, Dürr Aktiengesellschaft, FLSmidth, ANDRITZ, John Cockerill |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Gas Cleaning Technologies Market from 2021 to 2031.
- Market Forecast for Gas Cleaning Technologies Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Gas Cleaning Technologies competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Gas Cleaning Technologies
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Gas Cleaning Technologies market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Gas Cleaning Technologies market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Babcock & Wilcox Enterprises, Inc., ALFA LAVAL, CECO Environmental, Evoqua Water Technologies LLC, Fuji Electric Co., Ltd., GEA Group Aktiengesellschaft, Wärtsilä, S.A. HAMON, Hitachi Zosen Inova AG, KCH Services Inc., Nederman Holding AB, Tri-Mer Corporation, Verantis Environmental Solutions Group, Yara Marine Technologies, Elessent Clean Technologies Inc., DuconEnv.com, Dürr Aktiengesellschaft, FLSmidth, ANDRITZ, John Cockerill
Primary Target Market
- Market Players of Gas Cleaning Technologies
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Gas Cleaning Technologies market based on the below-mentioned segments:
Global Gas Cleaning Technologies Market, By Type
Scrubbers, Wet Scrubber, Packed Bed Scrubber, Venturi Scrubber, Spray Scrubber, Others, Dry Scrubber, Semi-dry, Dry, Dry Sorbent Injection, Particulate/Dust Collection, Baghouse, Gas Filtration, Electrostatic Precipitators (ESP), Cyclonic Separators, Mist, Aerosols, Fine Particulate, Wet Electrostatic Precipitator (WESP), Candle Filter/Mist Eliminators, Glass, Carbon, Polypropylene, Polyester, Others, NOx Reduction, SCR/SNCR, Low NOx Burners, NOx wet Scrubbing
Global Gas Cleaning Technologies Market, By End User
Power Generation, Coal, Natural Gas, Others, Chemical, Cement, Refinery & Petrochemical, Pulp & Paper, Mining, Textiles, Metals, Steel, Integrated, Electric Arc Furnace, Downstream Finishing, Aluminum, Others
Global Gas Cleaning Technologies market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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