Gas Cleaning Technologies Market Share, Size, Trends, Industry Analysis Report, By Product (Scrubbers, Dry Sorbent Injection, Particulate/Dust Collection), By End-use (Chemical, Cement), By Region, And Segment Forecasts, 2023 - 2032
The global gas cleaning technologies market size is expected to reach USD 49.97 billion by 2032, according to a new study by Polaris Market Research. The report “Gas Cleaning Technologies Market Share, Size, Trends, Industry Analysis Report, By Product (Scrubbers, Dry Sorbent Injection, Particulate/Dust Collection), By End-use (Chemical, Cement), By Region, And Segment Forecasts, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Significant increase in the demand for coal-fired power worldwide, partly due to a decline in renewable energy sources and the economic repercussions of the Russia-Ukraine conflict. According to the World Bank Group, industries are responsible for over one-third of the global Greenhouse Gas (GHG) emissions, both directly and indirectly. Among these industries, sectors such as iron and steel, chemical, manufacturing, and cement play a major role in contributing to climate change and global warming. This is primarily due to their substantial energy requirements for carrying out their processing and manufacturing operations. Consequently, there is an increasing urgency for industries to adopt air pollution control technologies to limit the release of GHGs.
The market is expected to experience significant growth due to the rising prevalence of coal-fired power plants worldwide. According to the International Energy Agency, there was a remarkable 8% global increase in coal-fired power generation in 2021, reaching an all-time high. More than half of the additional power demand in 2021 was met by coal. Comparing figures to 2020, emissions from coal-fired power plants surged by 16% in the United States and by 20% in the European Union during 2021. Furthermore, India also witnessed a record high in coal-fired power generation in 2021, with a substantial 13% increase compared to 2020.
The increasing levels of air pollution and their detrimental effects on both human health and the environment are expected to drive the adoption of pollution control technologies, thereby propelling market growth. Rapid industrialization and expansion across various sectors have led to a significant rise in air pollution. These industrial processes involve the use of the several gases, resulting in the emission of harmful pollutants such as carbon monoxide, hydrocarbons, sulfur dioxide, and nitrogen oxides. Consequently, the demand for pollution control technologies is on the rise, and this trend is anticipated to continue over the forecast period.
Gas Cleaning Technologies Market Report Highlights
NOX reduction segment held the substantial share, owing to its use exhausting poisonous gases
Wet scrubbers hold the maximum share, as they most suitable with the chemical gases
Europe exhibited highest CAGR, owing to favorable government norms, and support to key specialty chemical companies
The global key market players include Babcock & Wilcox, ALFA LAVALCECO Environmental, Evoqua Water Technologies, and Fuji Electric
Polaris Market Research has segmented the gas cleaning technologies market report based on product, end use, and region:
Gas Cleaning Technologies, Service Outlook (Revenue - USD Billion, 2023 - 2032)
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
Others
NOx Reduction
SCR/SNCR
Low NOx Burners
NOx wet Scrubbing
Gas Cleaning Technologies, Platform Outlook (Revenue - USD Billion, 2023 - 2032)
Power Generation
Coal
Natural Gas
Others
Chemical
Cement
Refinery & Petrochemical
Pulp & Paper
Mining
Textiles
Metals
Steel
Integrated (Blast Furnace/Basic Oxygen Furnace)
Electric Arc Furnace
Downstream Finishing
Aluminum
Others
Gas Cleaning Technologies, Regional Outlook (Revenue - USD Billion, 2023 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa