The global end-of-pipe air pollution control equipment market will witness a moderate CAGR of 5% from 2022 to 2032. The market will reach a significant value by 2032. The rising magnitude of air pollution across the globe is encouraging various countries to adopt end-of-pipe air pollution control equipment to exercise control over the levels of air pollution. This factor serves as a key driver for the end-of-pipe air pollution control equipment market. Air pollution is a vital part of pollution control and end-of-pipe technology helps reduce or eliminate the emission of harmful substances into the atmosphere. This attribute facilitates the growth of the end-of-pipe air pollution control equipment market in the upcoming years.
A substantial concentration of dangerous compounds in the air results in polluted air. End-of-pipe air pollution control equipment exerts control over the emission of dangerous gases by cleaning exhaust and contaminated air before it is vented from production facilities or factories. This air pollution control technology is registering greater preference than conventional pollution control technology as it is more cost-effective and modern. End-of-pipe air pollution control equipment is in high demand from countries in Europe and North America due to escalating volume of air pollution. Governments in these countries are actively adopting end-of-pipe air pollution control equipment to help control air pollution.
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National governments of countries like China, Japan, Germany, and the US are actively implementing measures to mitigate the effects of air pollution on human health and the environment. This factor is a primary growth driver for the end-of-pipe air pollution control equipment market. The growing engagement of green advocacy groups and rising investment by facilities and factories to adopt air pollution control technology to meet regulatory mandates further bolster the growth of the end-of-pipe air pollution control equipment market. However, the target market is also subject to certain challenges during this period of observation. The high initial cost of installation is expected to restrict the end-of-pipe air pollution control equipment market growth to a certain extent.
Key Takeaways:
- The end-of-pipe air pollution control equipment in North America is driven by solid efforts to control air pollution by national governments of the region.
- Europe dominates the global end-of-pipe air pollution control equipment market as many countries in the region are taking active steps to control air pollution.
- Increasing adoption of modern air pollution technology by factories and plants will strengthen market prospects.
Competitive Landscape
Alstom SA, EWK Umwelttechnik GmbH, A-Tec Industries, Fujian Environmental Protection Co. Ltd., Hosokawa Micron Group, and Foster Wheeler Ltd., among others, are some of the significant players in the end-of-pipe air pollution control equipment market profiled in the full version of the report.
Prominent market players are focusing on the expansion of their production plants and establishing new plants to cater to the growing demand for end-of-pipe air pollution control equipment.
More Insights Into End-of-Pipe Air Pollution Control Equipment Market
In its latest report, FMI offers an unbiased analysis of the global end-of-pipe air pollution control equipment market, providing historical data from 2015 to 2020 and forecast statistics for 2022 to 2032. The report delivers a detailed ten-year sales forecast and an in-depth study of drivers, restraints, opportunities, trends, and segmentation. For a complete understanding of the global market potential, growth, and scope, the market is segmented on the basis of application, end-use industries, and region.
According to the same report, based on region, Europe’s end-of-pipe air pollution control equipment market will exhibit impressive growth between 2022 and 2032. The target market in this region will dominate the international marketplace. More and more national governments in this region, including the U.K, Italy, France, and Germany, are implementing necessary measures to control air pollution. In recent development, the federal government of the European Union has set laws on nuclear and power plant operators so as to limit and manage emissions into the atmosphere. These regulations encourage plant owners to install high-quality end-of-point air control systems. Nations in North America, too, are dynamically participating in air control measures which bodes well for the market. These contributions from Europe and North America further drive the growth of the end-of-pipe air pollution control equipment market.
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Key Segments Profiled in the End-of-Pipe Air Pollution Control Equipment Industry Survey
End-User Industries:
- End-of-Pipe Air Pollution Control Equipment for Government and Utility
- End-of-Pipe Air Pollution Control Equipment for Industrial Sector
- End-of-Pipe Air Pollution Control Equipment for Commercial Sector
- End-of-Pipe Air Pollution Control Equipment for Residential Sector
Applications:
- End-of-Pipe Air Pollution Control Equipment for Nuclear Power Plants
- End-of-Pipe Air Pollution Control Equipment for Power Systems
- End-of-Pipe Air Pollution Control Equipment for Raw Material Refining
- End-of-Pipe Air Pollution Control Equipment for Food Processing
- End-of-Pipe Air Pollution Control Equipment for Other Applications
Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- APEJ
- Japan
- Middle East & Africa
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