Home > Energy & Power > Emerging Energy Technologies > Environmental Control Solutions > Power Plant Emission Control Systems Market
Power Plant Emission Control Systems Market Size
- Report ID: GMI9655
- Published Date: May 2024
- Report Format: PDF
Power Plant Emission Control Systems Market Size
Power Plant Emission Control Systems Market size was valued at USD 15 billion in 2023 and will grow at rate of 5.9% from 2024 to 2032. The escalating demand for energy has led to a rise in pollutant emissions, significantly impacting climatic conditions across the globe. Heightened levels of pollutants stemming from power plants and industrial operations have become a paramount concern for policymakers internationally.
Additionally, the expansion of production manufacturing facilities and heightened investments in new industrial hubs have underscored the necessity for implementing stringent emission regulations.
Rising environmental risks, alongside stricter regulatory frameworks, have prompted businesses and industries to take action in reducing pollutant emissions such as SOX, NOx, CO, mercury, and particulate matter. As a result, there is a growing demand for emission control systems, including scrubbers, ESPs, FGD, and absorbers, among others, within manufacturing and industrial facilities. Furthermore, the effectiveness of these systems in efficiently reducing pollutants from waste streams is expected to significantly drive industry growth.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Power Plant Emission Control Systems Market Size in 2023: | USD 15 Billion |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 5.9% |
| 2032 Value Projection: | USD 25 Billion |
| Historical Data for: | 2021 to 2023 |
| No. of Pages: | 100 |
| Tables, Charts & Figures: | 15 |
| Segments covered: | Systems & Region |
| Growth Drivers: |
|
| Pitfalls & Challenges: |
|
Frequently Asked Questions (FAQ) :
Power Plant Emission Control Systems Market Scope
