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North America Industrial Emission Control Systems Market was valued over USD 6.5 billion in 2023 and is expected to register 5.9% CAGR between 2024 and 2032. The rapid surge in energy demand has led to elevated pollutant emissions, significantly impacting global climatic conditions. Escalating levels of pollutants originating from both power plants and industrial sources have become a prominent concern for policymakers worldwide and is leading to the public & private investments to mitigate the emission. For instance, In June 2023, the Industrial Efficiency & Decarbonization Office (IEDO) unveiled a USD 135 million federal funding initiative encompassing 40 projects distributed across 21 states.
The mounting environmental risks, coupled with a more stringent regulatory landscape, have obligated businesses and industries to reduce the emission levels of various pollutants, such as SOX, NOx, CO, mercury, and particulate matter. Consequently, there has been a notable uptick in the demand for emission control systems, which encompass technologies like scrubbers, ESPs, FGD, absorbers, among others, within manufacturing and industrial facilities. Notably, these systems' remarkable efficiency in mitigating pollutants from waste streams is poised to substantially propel the growth of the industry.
Report Attribute | Details |
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Base Year: | 2023 |
North America Industrial Emission Control Systems Market Size in 2023: | USD 6.5 Billion |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 5.9% |
2032 Value Projection: | USD 10.7 Billion |
Historical Data for: | 2019 to 2023 |
No. of Pages: | 140 |
Tables, Charts & Figures: | 118 |
Segments covered: | Systems, Industry, & Country |
Growth Drivers: |
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Pitfalls & Challenges: |
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The adoption of stringent emission standards, combined with the rapid pace of industrialization in in Mexico, is poised to stimulate the installation of emission control systems. In addition, the considerable expenses linked to implementing complex emission control technologies in the industrial sector have redirected attention towards the adoption of cost-effective and innovative solutions. This shift is expected to drive the increased deployment of such systems.
The COVID-19 pandemic has presented formidable challenges, including widespread disruptions in supply and consumer demand, as well as the extensive closure of industrial operations. These challenges have left a significant mark on the industry, particularly in sectors like manufacturing and cement applications. As a result, the deployment and retrofitting of systems across various industry verticals have been notably reduced.
The growing inclination of various industries towards monitoring and controlling particulate matter emissions, along with the tightening of environmental regulations to reduce air pollutants, is expected to drive the adoption of various technologies. These include wet and dry scrubbers across a wide range of industrial sectors. Additionally, the increasing focus on more stringent control of particulate matter emissions, combined with the adoption of advanced equipment that promotes techniques for managing wastewater and air pollutants in energy-intensive industries, is likely to lead to an increased deployment of catalytic systems, ESPs, absorbers, and similar systems.
Amid the growing environmental concerns, which necessitate efficient emission control and the reduction of water and chemical consumption, energy producers and key industry players are actively exploring innovative methods to manage and eliminate emitted particulates.
The scrubbers system is set to observe gains at nearly 5% up to 2032. The increasing relevance of these solutions, particularly in sectors such as steel plants, cement manufacturing, and power generation, combined with ongoing technological advancements and the revitalization of existing projects, is set to drive up the demand for these products.
The petrochemical industry is likely to observe around 5.8% CAGR from 2023 to 2032. The installation of scrubbers and electrostatic precipitators (ESPs) within the petrochemical sector has experienced significant expansion. This growth is attributed to the heightened focus on reducing emissions and increased investments in expanding refining capacities. In addition, the introduction of progressively stringent regulations aimed at lowering greenhouse gas emissions throughout the oil and gas value chain, including refining and petrochemical production, is expected to drive the upgrading or replacement of existing emission control systems.
The U.S. industrial emission control system market is estimated to attain about 5.5% growth rate till 2032, influenced by evolving regulations, technology advancements, and changing industry dynamics. In addition, the U.S. has been implementing and enforcing stringent environmental regulations to reduce air pollution, greenhouse gas emissions, and other harmful pollutants. This has driven industries to adopt advanced emission control technologies.
Major manufacturers operating across the industrial emission control systems market are focusing on product launch and contracts to devised to gain a competitive edge over the others. Introduction, innovation, upgradation, and improvisation in the present treatment technology is said to improve the profitability and achieve a higher proportion of the market share:
Prominent industry players operating across North America industrial emission control systems industry include:
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