Air Pollution Control Market Size 2024-2028

The air pollution control market size of the market is forecast to increase by USD 151.04 billion at a CAGR of 7.97% between 2023 and 2028.  The Market expansion is influenced by various elements. Primarily, it is driven by the escalating industrial sector's development and the rising global energy demand. Additionally, stringent emission regulations imposed by governments worldwide are significant market growth catalysts. Industrialization in developing countries, particularly in Asia, is a major contributor to the market's growth. Furthermore, the increasing awareness of environmental issues and the subsequent implementation of stricter environmental norms are propelling the market forward. In summary, the Air Pollution Control Market is experiencing robust growth due to industrial development, increasing power demand, and stringent emission regulations.

 What will the Size of the Air Pollution Control Market be During the Forecast Period?

To learn more about this report Download the Report Sample 

Market Dynamics

The air pollution control system market is driven by stringent environmental regulations and the pressing need for effective air pollution solutions. This has led to advancements in air pollution control technologies, including high-efficiency filters and cost-effective systems that prioritize environmental sustainability. Such systems target pollutants like SO2 emissions and encourage the adoption of renewable energy sources to meet energy efficiency standards. In sectors like the power generation sector and iron and gas industry, the implementation of clean air initiatives and technologies like flue gas desulfurization (FGD) systems and thermal oxidizers is crucial. Moreover, the market is witnessing a rise in cutting-edge pollution control solutions leveraging artificial intelligence and the Internet of Things (IoT) to monitor pollution patterns and optimize performance. These efforts aim to mitigate the adverse health effects associated with pollutants, improving air quality and fostering a healthier environment. Implementing effective air pollution control systems, such as electrostatic precipitators and fabric filters in automobiles, can significantly reduce harmful pollutants, leading to cleaner air and fewer cases of respiratory diseases, cardiovascular diseases, asthma, and premature deaths.

Key Market Driver

The rapid rise in industrial development is a key factor driving the global air pollution control market growth. The most common air pollutants released from industries are GHGs due to the burning of fossil fuels. Factory emissions contribute significantly to the release of CO2, which is the most damaging GHG. Another harmful GHG is SO2, which leads to the formation of acid rain. SO2, along with NOx and ammonia (NH3), carry the potential risk of acidification.

Similarly, ozone that is released into the atmosphere results in smog or ground ozone problems, causing significant health issues for people. Large industrial air conditioners release toxic gases that deplete the ozone layer in the upper atmospheric strata, where its presence is critical to block out the ultraviolet radiation from the sun. Countries such as China accounted for more than 50% of the CO2 emissions in Asia in 2020, followed by India with 12%. Therefore, the growing emissions of GHGs from industries and stringent emission control regulations will drive the growth of the global market during the forecast period.

Significant Market Trend

The flourishing FGD gypsum market is likely to boost the FGD market, which will fuel the global air pollution control market growth. FGD gypsum is a form of synthetic gypsum that is derived from FGD (flue gas desulfurization) systems. Wet scrubber systems use lime reagents or limestone for the FGD process. The oxidation process results in the formation of FGD gypsum, which is used in different applications such as agriculture, construction, mining, and water treatment.

Moreover, in agricultural fields, FGD gypsum is applied to the soil, as FGD gypsum supplies essential nutrients such as sulfur and calcium to plants. Moreover, FGD gypsum also promotes clay flocculation and aggregation of soil and reduces surface crusting and infiltration of water. With the growing construction and cement industry and the increasing number of infrastructure projects, particularly in developing countries, the demand for FGD gypsum has been growing. Therefore, the increasing demand for FGD gypsum is expected to positively boost the need for FGD systems, which, in turn, will propel the growth of the market growth and trends during the forecast period.

Major Market Challenge

The cessation of funding by the World Bank for E&P activities is a major challenge to the global air pollution control market growth. The World Bank has provided an exemption for countries that cannot self-finance their oil and gas exploration and production (E&P) activities. The cessation of funding for oil and gas projects is aimed at aligning the World Bank Group's activities with the global objectives to mitigate climate change due to GHG emissions. As the oil and gas sector is one of the most significant contributors to global emissions of GHGs such as CO2, the World Bank has been reducing its investments in this sector.

Moreover, this would limit the growth of the global market during the forecast period. The decline in investments in oil and gas projects would adversely affect oil and gas activities as well as other related industries, such as petrochemicals, which use oil and gas products as feedstock. Therefore, the cessation of funding for oil and gas projects would adversely impact the operations of the chemicals and petrochemicals industry, thereby limiting the need for air pollution control solutions. Hence, such factors are hindering the market during the forecast period.

 Market Customer Landscape

Our analysis of the Life Cycle of the Global air pollution control market indicates a movement from the innovator’s stage to the laggard’s stage. The report illustrates the lifecycle of the market, focusing on the adoption rates of the major countries including the US, China, South Korea, Japan, and Germany. Technavio has included key purchase criteria, adoption rates, adoption lifecycles, and drivers of price sensitivity to help companies evaluate and develop growth strategies from 2022 to 2028.

Market Customer Landscape

Who are the Major Market Players?                              

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product / service launches, to enhance their presence in the market 

• Airex Industries - The company offers air pollution control such as bin vents and shakers. Also, this segment offers a range of baghouses, bin vent dust collectors, cartridge dust collectors, cyclone dust collectors, wet dust collectors, and shaker dust collectors.

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market vendors, including :

• American Air Filter Co. Inc.
• Andritz AG
• Babcock & Wilcox Enterprises Inc.
• Camfil AB
• Donaldson Co. Inc.
• Doosan Lentjes GmbH
• DuPont de Nemours Inc.
• FLSmidth AS
• Fujian Longking Co. Ltd.
• GEA Group AG
• General Electric Co.
• Hamon S.A.
• John Wood Group PLC
• Mitsubishi Heavy Industries Ltd.
• Parker Hannifin Corp.
• PAS Solutions BV
• PBG S.A.
• Sumitomo Heavy Industries, Ltd.
• Thermax Ltd

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak. 

Market Segment 

 The market share growth by the power segment will be significant during the forecast period. The power market segment includes air pollution control equipment employed to control air pollution emitted from thermal power plants and gas turbines. Coal is one of the significant sources of power generation globally. Asian countries such as China and India primarily drive global coal power generation. According to the above-mentioned factors, coal-fired and gas-fired power generation accounts for a significant share of global electricity generation. When coal burns, many chemical reactions occur. Many of these reactions produce toxic air pollutants and heavy metals, such as mercury, SO2, CO2, NOx, and particulate matter. 

Get full insights on the market contribution of various segments Request a PDF Sample

The power segment showed a gradual increase in market share from USD 37.14 billion in 2018 and continued to grow by 2022. The adoption of clean energy sources is likely to reduce the share of coal-fired and gas-fired power, reducing emissions and the need for air pollution control equipment in these facilities. As a result of the above-mentioned factors, the power segment in the global air pollution control market is expected to grow moderately during the forecast period. Furthermore, our report provides a brief analysis of the historical and forecast market share and their segments, along with the reasons for growth from 2018 to 2022. The growth of this segment is primarily attributed to the increasing adoption of Air Pollution Control equipment, which is driven by an increase in the global demand for air pollution control services. Hence, such factors are fuelling the growth of this segment during the forecast period.

Which are the Key Regions for Air Pollution Control Market?

For more insights on the market share of various regions Request PDF Sample now!

APAC is projected to contribute 45% by 2028. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. In 2022, China, India, and Japan were the significant contributing countries to the growth of the air pollution control market in APAC. Government agencies in countries such as China have recognized the severity of the air pollution issue due to high energy consumption resulting from industrialization and urbanization and the need to control air pollution. Favourable government initiatives and policies are increasing the demand for air pollution control equipment from the manufacturing industry in the region. For instance, the Government of India launched Make in India to increase foreign direct investments (FDI) in the manufacturing industry. Hence, such factors are driving the APAC during the forecast period.

Segment Overview

The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD Billion" for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments.

• End-User Outlook
  • Power
  • Industries
  • Others 

• Product Outlook
  • Scrubbers
  • Catalyst converters
  • Others

• Region Outlook
  • North America
    • The U.S.
    • Canada
  • Europe
    • The U.K.
    • Germany
    • France
    • Rest of Europe
  • APAC
    • China
    • India
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Rest of the Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Chile

You may also interested in below market reports:

• Air Quality Monitor Market: Air Quality Monitor Market Analysis North America, Europe, APAC, Middle East and Africa, South America - US, China, Germany, UK, Japan - Size and Forecast 
• Indoor Air Quality (IAQ) Solution Market: Indoor Air Quality (IAQ) Solution Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, China, UK, Japan, South Korea - Size and Forecast
• Residential Air Quality Control Services Market: Residential Air Quality Control Services Market Analysis North America, Europe, APAC, Middle East and Africa, South America - US, China, UK, Germany, Japan - Size and Forecast

Market Analyst Overview

In the realm of environmental conservation and public health, energy-efficient air handling units play a crucial role. These units, along with particulate control devices and catalytic converters, are integral components of ambient air pollution control systems. Furthermore, indoor air pollution control systems are vital for maintaining air quality within buildings and safeguarding occupants' health. Governments worldwide are adopting comprehensive strategies like the Clean Air Policy Package to promote sustainability and combat environmental degradation.

Moreover, renewable energy sources such as wind and solar power are pivotal in reducing reliance on fossil fuels, thereby mitigating harmful emissions that endanger aquatic ecosystems, vegetation, and cultural heritage sites. By integrating cleaner technologies and adhering to stringent air quality standards and emission standards, industries like chemical processing, oil and gas refining, and cement manufacturing can minimize their environmental footprint.

Additionally, the transition towards a circular economy entails efficient waste management practices to curb nitrogen oxides, sulfur dioxide, carbon monoxide, and volatile organic compounds (VOCs) emissions. This holistic approach addresses particulate matter emissions and pollutant gases across various sectors, including automotive applications, where technologies like automotive purge valves play a crucial role. As society's environmental consciousness rises, so does the urgency for robust pollution control measures to mitigate environmental and health risks associated with toxic particulate pollutants, exhaust gases, and black carbon and methane pollutants. By prioritizing sustainability efforts and making an initial investment in clean air quality control systems, nations can reap long-term economic benefits through improved air quality, enhanced worker productivity, and reduced healthcare costs.

Request PDF sample

What are the Key Data Covered in this Market Forecast Report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2028
• Precise estimation of the market size and its contribution to the parent market
• Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
• Growth of the market across Europe, North America, APAC, South America, and Middle East and Africa
• Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
• Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

We can help! Our analysts can customize this report to meet your requirements. Get in touch