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Asia Pacific Industrial Emission Control Systems Market Trends

Report ID: GMI5849
Published Date: May 2023
Report Format: PDF

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Asia Pacific Industrial Emission Control Systems Market Trends

The Asia Pacific region has been witnessing a surge in investments in renewable energy sources such as solar and wind power. This shift towards cleaner energy options is likely to drive the demand for emission control systems as industries transition away from fossil fuels. Governments and industries in the region are recognizing the importance of addressing air pollution and mitigating the environmental impact of industrial activities.

Governments in the Asia Pacific region are providing support and incentives to encourage the adoption of emission control systems. These measures include subsidies, tax benefits, and grants for industries that invest in cleaner technologies. In addition, increasing advancements in emission control technologies have made them more effective, efficient, and affordable. This has encouraged industries to invest in IECS to comply with regulations and improve their environmental performance. Technologies such as electrostatic precipitators, scrubbers, and catalytic converters are being widely used to control industrial emissions.

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

Asia Pacific industrial emission control systems industry share was over USD 22.9 billion in 2023 and will record over 6.5% CAGR from 2024-2032, due to the growing implementation of stricter environmental regulations for reducing industrial emissions.

Industrial emission control systems market size in Asia Pacific from the chemical & petrochemical industry segment will expand significantly through 2032 driven by the rising emphasis on reducing pollution levels and scaling expenditures on expanding refining capacity.

APAC industrial emission control systems market from the scrubber system segment will gain traction through 2032 owing to the rising need for ships to continue operating while reducing their environmental impact.

S.A. HAMON, MITSUBISHI HEAVY INDUSTRIES, LTD., CECO ENVIRONMENTAL, General Electric, Babcock & Wilcox Enterprises, Inc., Thermax Limited, DÜRR Group, John Wood Group PLC, and Fujian Longking Co., Ltd., are some prominent APAC industrial emission control systems business players.