Amec Foster Wheeler

Dec 23, 2022

Major Players Amec Foster Wheeler, Babcock & Wilcox Enterprises, Inc, Ducon Technologies Inc, Mitsubishi Hitachi Power Systems Ltd., Thermax Ltd, John Wood Group PLC, Fujian Long king Co, Mutares AG, KC Cottrell Co, Elex AG among others Segmentation Analysis The scrubbers Pepper segment is expected to be the fastest-growing segment in 2021. The product type segment includes electrostatic precipitators, catalytic convertors, scrubbers and thermal oxidizers. The scrubbers segment is expected to witness the highest growth rate during the forecast period. Scrubbers use a variety of liquids to efficiently remove gases and particulate matter from gas streams. The liquids used are atomized to carry polluting gases and particles. Based on the substance utilised, scrubbers are divided into two types: dry scrubbers and wet scrubbers. Scrubbers also contribute significantly to the prevention of acid rain since they remove acidic gases from exhaust. The power generation segment is expected to be the fastest-growing segment in 2021. The type segment includes power generation, cement, chemical, iron & steel and others. The power generation segment is expected to witness the highest growth rate during the forecast period. The need for air pollution control systems in power plants is developing as a result of the power plants' increased need to produce more power in response to the rising power consumption. Furthermore, stringent government rules governing the installation of air pollution control systems in power plants would support the market's expansion during the forecast period. Regional Analysis            The regional analysis provides a detailed perception of the key regions and the countries. Some of the key countries analyzed for the air pollution control systems include the US, Canada, Mexico, Germany, France, the U.K., Italy, Spain, Russia, China, Japan, India, Brazil, Peru, UAE, South Africa, and Saudi Arabia. The North America region witnessed a major share. The development of the air pollution control system market in the region is supported by investments in important sectors like chemical manufacturing, power generation, and mining as well as the presence of favourable government regulations and the financial and economic benefits of reducing pollution. Country Analysis Germany Germany's air pollution control systems market size was valued at USD 6.27 billion in 2021 and is expected to reach USD 9.47 billion by 2029, at a CAGR of 5.3% from 2022 to 2029. Consumer awareness, strict air quality control laws, and rising public knowledge of health dangers all contribute to the country's market growth. China China’s air pollution control systems market size was valued at USD 5.25 billion in 2021 and is expected to reach USD 7.81 billion by 2029, at a CAGR of 5.1% from 2022 to 2029. The industrial sector of China's economy, which includes power production, cement manufacturing, chemicals, and metal processing, has grown quickly over the past ten years, significantly increasing air pollution. As a result, the country now has a greater need for air pollution control systems, which is driving the market's expansion. India India's air pollution control systems market size was valued at USD 4.04 billion in 2021 and is expected to reach USD 6.2 billion by 2029, at a CAGR of 5.5% from 2022 to 2029. Government initiatives to reduce environmental pollution are what are driving the market for air pollution control systems. Companies that generate electricity using fossil fuels are required by international and governmental regulations to establish systems that track and limit emissions. drives the market's expansion. Covid-19 Impact Covid-19 had a major impact on almost all industries, such as electronics, semiconductors, manufacturing, automobile, etc. However, several companies operating in the technology sector have seen increased revenue due to significant changes in consumer preferences toward technological services. In addition, the pandemic has led to significant growth in technology across developing and developed countries. Furthermore, the growth of this market is mainly driven by owing to the increasing cases of airborne diseases and dust particle allergies. Buy Now Full Report @ https://greyviews.com/checkout/217/single_user_license Contact Us