Home > Energy & Power > Emerging Energy Technologies > Environmental Control Solutions > Asia Pacific Industrial Emission Control Systems Market
Asia Pacific Industrial Emission Control Systems market size was valued over USD 22.9 billion in 2023 and is set to grow at a rate of over 6.5% between 2024 and 2032. The Asia Pacific region has been witnessing the implementation of stricter environmental regulations aimed at reducing industrial emissions. Governments are imposing emission limits and encouraging industries to adopt advanced emission control systems to minimize their environmental impact.
The region is witnessing rapid industrialization and economic growth owing to burgeoning population. As industries expand and manufacturing activities increase, there is a greater need for effective emission control systems to comply with environmental standards and maintain sustainability. In addition, various countries in the region including India, China, Bangladesh, Indonesia, among others are grappling with air pollution issues. For instance, as per World Population Review statistics, India has surpassed China with population over 1.42 billion as of April 2023. This has resulted in an increased focus on improving air quality, leading to the adoption of emission control systems in various industries such as power generation, manufacturing, oil and gas, and chemicals.
Report Attribute | Details |
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Base Year: | 2023 |
Asia Pacific Industrial Emission Control Systems Market Size in 2023: | USD 22.9 Billion |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 6.5% |
2032 Value Projection: | USD 39.8 Billion |
Historical Data for: | 2019 to 2023 |
No. of Pages: | 160 |
Tables, Charts & Figures: | 153 |
Segments covered: | System, Industry & Country |
Growth Drivers: |
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Pitfalls & Challenges: |
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Growing awareness coupled with corporate social responsibility catering environmental issues and the importance of sustainable practices has been rising among both consumers and corporations. Major companies are embracing emission control technologies to demonstrate their commitment to environmental responsibility and meet the expectations of socially conscious consumers. In addition, continuous advancements in emission control technologies have made them more efficient, cost-effective, and adaptable to different industrial processes. Innovations such as electrostatic precipitators, fabric filters, selective catalytic reduction (SCR), and gas scrubbers are being widely adopted across industries in the Asia Pacific region.
In the recent years, several countries have implemented new and innovative technologies with an aim toward reducing their emission levels. For instance, China has implemented ammonia-based scrubbers or FGD systems instead of using lime as a chemical reagent across 150 chemical, steel and power generation plants. The installation of new systems was aimed toward addressing limitations associated with solid and liquid waste generation and handling across lime-based units. Implementation of stringent emission norms along with the rapid rate of industrialization across developing economies is set to drive the installation of emission control systems. In addition, the high costs associated with the installation of complex emission control technologies across the industrial sector has shifted the focus toward adoption of low cost and innovative solutions, thereby boosting the deployment of the systems.