Global end-of-pipe air pollution control equipment demand is anticipated to grow at a CAGR of 5% from 2022 to 2032.
| Report Attribute | Details |
|---|---|
| Projected Growth Rate (2022-2032) | 5% CAGR |
End-of-pipe technology is used to reduce or eliminate the emission of substances into the atmosphere that can be harmful to human health or the environment. Air pollution control, along with solid waste management, wastewater treatment, and hazardous waste management, is one of the key areas of pollution control.
When there is a significant concentration of dangerous compounds in the air, it is considered to be polluted. End-of-pipe air pollution control equipment reduces dangerous gas emissions by cleaning exhaust and contaminated air before it is vented from factories or facilities. When compared to traditional air pollution control technology, this equipment is more modern and cost effective.
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The increasing magnitude of air pollution around the world is encouraging countries in the North American and European regions to deploy end-of-point air pollution control equipment to control the levels of air pollution, which is driving the growth of the end-of-pipe air pollution control equipments market.
Furthermore, national governments in nations such as the United States, Germany, China, and Japan are taking steps to mitigate the effects of rising air pollution on the environment and human health. This is likely to fuel the expansion of the end-of-pipe air control equipment market throughout the forecast period.
Other important drivers, such as the growing engagement of green advocacy groups and increased investments by plants to adopt air pollution control technology to satisfy regulatory compliances, are boosting the growth of this market.
To some extent, the high initial cost of implementing end-of-pipe air pollution control technology is impeding the growth of this market.
The growing magnitude of air pollution throughout the world is pushing nations in the North American region to deploy end-of-point air pollution control equipment to manage pollution levels, which is driving the expansion of the end-of-pipe air pollution control equipments market.
Furthermore, national governments in a number of nations, including the United States are taking steps to mitigate the effects of rising air pollution on the environment and human health. This is projected to drive the growth of the end-of-pipe air control equipment market over the forecast period.
According to Future Market Insights, Europe dominates the global market for end-of-pipe air pollution control equipment. Governments in major nations such as the Italy, France, Germany, and the United Kingdom are taking necessary measures to reduce air pollution levels.
For example, the federal government of the European Union has set laws on nuclear and power plant operators in order to manage and limit emissions to the atmosphere. These restrictions encourage plant owners in Europe to install superior end-of-points air control systems.
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Some of the major companies in the end-of-pipe air pollution control equipment market are AAF International, Alstom SA, EWK Umwelttechnik GmbH, A-Tec Industries AG, Fujian Environmental Protection Co. Ltd., Hosokawa Micron Group, Termokimik Corporation, Foster Wheeler Ltd, FLSmidth Airtech Company and Fisia Babcock Environment GmbH among others.
Key market participants are focusing on the establishment of new production plants to meet the increased demand for their end-of-pipe air pollution control equipment in various regional markets.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 5% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2015-2020 |
| Forecast Period | 2022-2032 |
| Quantitative Units | Revenue in USD Million and CAGR from 2022-2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered | End-Use Industries, Applications, Region |
| Regions Covered | North America; Latin America; Western Europe; Eastern Europe; APEJ; Japan; Middle East & Africa |
| Key Countries Profiled | USA, Canada, Brazil, Argentina, Germany, U.K, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASEAN, GCC, South Africa |
| Key Companies Profiled | AAF International; Alstom SA; EWK Umwelttechnik GmbH; A-Tec Industries AG; Fujian Environmental Protection Co. Ltd.; Hosokawa Micron Group; Termokimik Corporation; Foster Wheeler Ltd; FLSmidth Airtech Company; Fisia Babcock Environment GmbH |
| Customization | Available Upon Request |
FMI projects the global End-of-Pipe Air Pollution Control Equipment market to expand at a 5% value CAGR by 2032.
North America and Europe is expected to be the most opportunistic End-of-Pipe Air Pollution Control Equipment market.
AAF International, Alstom SA, EWK Umwelttechnik GmbH, A-Tec Industries AG is some prominent End-of-Pipe Air Pollution Control Equipment manufacturers.
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End-of-Pipe Air Pollution Control Equipment Market
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