Market Size of Industrial Air Pollution Control Solutions Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 6.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Industrial Air Pollution Control Solution Market Analysis
The market for industrial air pollution control solutions is expected to register a CAGR of more than 6 % during the forecast period of 2020 - 2025. Major factors driving the market studied are the growing awareness among consumers, stringent air quality control regulations, growing end-user industries, and increasing awareness among common mass to mitigate health risks. However, the emergence of alternative and renewable sources of energy with reduced/zero emissions, and high capital required for the installation of industrial air pollution control solutions is expected to hinder the growth of the market studied.
- The power generation industry dominated the market in 2018 with the maximum market share of air pollution control solutions and is expected to grow during the forecast period owing to the increasing pollution and growing industrialization.
- Retrofitting of old industrial plants with industrial air pollution control solutions to meet stringent regulatory norms set up by the government is likely to acts as an opportunity in the future,
- Asia-Pacific dominated the market across the globe with the largest market being India & China owing to growing industrialization and construction activity leading to the increasing demand for industrial air pollution control solutions equipment.
