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Chemical & Petrochemical IECS Market Share

Report ID: GMI10187
Published Date: Jul 2024
Report Format: PDF

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Chemical & Petrochemical IECS Market Share

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Babcock & Wilcox Enterprises, Inc., BASF SE, CECO ENVIRONMENTAL, DÜRR Group, GEA Group Aktiengesellschaft, General Electric, S.A. HAMON, among others are few of the major market players in the chemical & petrochemical IECS business. Strategic partnerships and collaborations are enabling companies to leverage each other’s strengths and enhance their technological capabilities. These trends are fostering a more competitive and dynamic market environment, driving innovation and improving service offerings.

Chemical & Petrochemical IECS Market Companies

Major key players operating across the chemical & petrochemical IECS industry are:

APC Technologies, Inc.
Babcock & Wilcox Enterprises, Inc.
BASF SE
CECO ENVIRONMENTAL
DÜRR Group
FLD Smidth
Fujian Longking Co., Ltd.
Fuel Tech Inc.
GEA Group
General Electric
KC Cottrell India
John Wood Group PLC
Monroe Environmental Corp.
S.A. HAMON
MITSUBISHI HEAVY INDUSTRIES, LTD.
TAPC
Thermax Limited
Zhejiang Feida Environmental Protection Technology Co., Ltd.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of chemical & petrochemical IECS was reached USD 9 billion in 2023 and is anticipated to register 6.3% CAGR between 2024 and 2032, driven by regulatory compliance along with rising sustainability and corporate social responsibility.

The electrostatic precipitators segment in the chemical & petrochemical IECS market is predicted to record 6.4% CAGR through 2032, due to innovations in heat recovery, advanced materials, and system design for enhancing energy efficiency, sustainability, and profitability of emission control solutions.

Asia Pacific chemical & petrochemical IECS market is projected to reach USD 5.2 billion by 2032 due to the rapid industrialization and economic growth in emerging markets.

APC Technologies, Inc., Babcock & Wilcox Enterprises, Inc., BASF SE, CECO ENVIRONMENTAL, DÜRR Group, FLD Smidth, Fujian Longking Co., Ltd., Fuel Tech Inc., GEA Group, and General Electric, among others.