Key players in the Europe Air Quality Control Systems Market are Babcock & Wilcox (U.S.), Mitsubishi Hitachi (U.S.), Alstom (France), Thermax (India) & others.
(PRWEB) September 02, 2014
The European air quality control system (AQCS) market report defines and segments the air quality control system market in Europe with analysis and forecast of revenue. The air quality control system market in Europe is estimated to grow from $10,191.5 million in 2014 to $13,207.8 million by 2019, at a CAGR of 5.3% from 2014 to 2019.
Browse through the TOC of the European air quality control system market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the air quality control system market in Europe, and is supported by various tables and figures.
The air quality control systems market is expected to grow due to the emerging stringent air pollution control regulations. The air pollution control regulations have evolved over the last decade for the regulation of harmful industrial emissions. Hence, it has become necessary for all industries to install the air quality control systems in their plants, as per the changing regulations.
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The cement industry, currently witnessing high growth, is one of the biggest reasons responsible for air pollution. The chief pollutants released by the cement industry comprise nitrogen dioxide, lead, particulate matter, carbon monoxide, sulfur dioxide, and hydrogen sulfide. Regulatory bodies have become very strict regarding the effluent emission standards, which is driving the market. Coal and gas fuelled power generation accounts for more than 50% of the total power generation throughout the globe, and increasing power demand is the reason for growth in the coal and gas- fired power plants, which is another driver of this market.
Europe is one of the major markets for AQCS; wherein Germany holds the maximum share.
This market is segmented and forecast based on types of AQCS technology, such as flue gas desulphurization, electrostatic precipitators fabric filters, nitrogen oxide control systems, and scrubbers,. The market is further segmented and forecast based on major countries, such as Germany, the U.K., Italy, and France.
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This report includes the market share and value chain analyses, along with market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in the AQCS market.
Middle East Air Quality Control Systems Market
The air quality control system (AQCS) market was estimated to be $0.93 million by 2014, and is forecasted to reach $1.07 million by 2019. It is expected to grow at a CAGR of 2.8% from 2014 to 2019. The demand of scrubbers is very high in the European region with $0.25 million in 2014.
The report ‘Middle-East Air Quality Control System Market forecast, 2014-2019’ analyzes the AQCS market by types and geography such as Saudi Arabia and UAE. In terms of types, the reports is segmented into various types of AQCS equipment such as flue gas desulphurization, electrostatic precipitator, fabric filters, NOx control systems, and mercury control systems.
The scrubbers segment holds around 27.6% share of the AQCS market, and expected to grow by end of 2019 with CAGR of 3.4%. This region is growing at a moderate rate for the AQCS market, due to less industrialization compared to the other regions. Furthermore, it does not have strict government policies.
Asia-Pacific Air Quality Control Systems Market
The report ‘Asia-Pacific Air Quality Control System Market forecast, 2014-2019’ analyzes the AQCS market by types and geography such as China, Japan, India, South Korea, and Australia. In terms of types the reports is segmented into various types of AQCS equipment such as flue gas desulphurization, electrostatic precipitator, fabric filters, NOx control systems, and mercury control systems.
Fabric filters holds around 30.5% share of the AQCS market and expected to grow by end of 2019 with CAGR of 7.6%. This is the fastest-growing region for the AQCS market, due to huge industrialization and stringent government policy for environmental benefit. Power generation will be the main driver for this market, especially in China.
Asia-Pacific is the largest market for AQCS with a market value of $33.95 million. The region is characterized with a continuous rise in the production of technically innovative applications in various types of the AQCS equipment, with the presence of top service providers, such as Babcock & Wilcox (U.S.), Mitsubishi Hitachi (U.S.), Alstom (France), and Thermax (India). The region witnesses the highest share of fabric filters with value of $10.30 million, and is expected to grow by $14.84 million by 2019, at a CAGR of 7.6% from 2014 to 2019.
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