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North America Industrial Emission Control Systems Market Size

  • Report ID: GMI7058
  • Published Date: Oct 2023
  • Report Format: PDF

North America Industrial Emission Control Systems Market Size

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.

 

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.

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size of North America industrial emission control systems was worth USD 6.5 billion in 2023 and is set to record over 5.9% CAGR from 2024 to 2032.

Scrubbers segment is set to observe over 5% CAGR from 2023 to 2032, owing to the increasing relevance of these solutions, particularly in sectors such as steel plants, cement manufacturing, and power generation, combined with ongoing technological advancements.

What are the factors driving the U.S. industrial emission control systems industry?

CECO ENVIRONMENTAL, General Electric, Babcock & Wilcox Enterprises, Inc., DÜRR Group, Elessent Clean Technologies Inc., Catalytic Combustion, Anguil Environmental Systems, Inc., General Electric, Wood Group USA, Inc., Fuel Tech Inc., Monroe Environmental Corp., BASF SE, APC Technologies, Inc., Epcon Industrial Systems, LP, and Tri-Mer Corporation.

North America Industrial Emission Control Systems Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 118
  • Countries covered: 3
  • Pages: 140
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