Report Feature
Gas Cleaning Technology Trends and Forecast
The future of the global gas cleaning technology market looks promising with opportunities in the power generation, chemical, cement, refinery & petrochemical, pulp & paper, mining, textile, and metal markets. The global gas cleaning technology market is expected to reach an estimated $39.1 billion by 2030 with a CAGR of 4.7% from 2024 to 2030. The major drivers for this market are growth of industries such as power generation, chemical, and oil & gas necessitating effective gas cleaning solutions for environmental compliance, increasing focus on sustainability and corporate responsibility leading to investments in pollution control and clean air technologies, and stringent environmental regulations.• Lucintel forecasts that particulate/dust collection is expected to witness the highest growth over the forecast period.
• Within this market, power generation will remain the largest segment.
• APAC is expected to witness highest growth over the forecast period.
India - Tri-Mer Corporation (US) launched new scrubber designs in June 2023 to target stricter air pollution regulations for Indian coal plants. China - In April 2024, Sinopec (China) announced plans to invest $5 billion in upgrading refineries with advanced flue gas cleaning systems, aiming for a 30% reduction in emissions by 2027. Germany - Siemens (Germany) partnered with a local utility in March 2024 to develop a pilot project for a next-generation membrane filtration system for capturing CO2 from industrial emissions. The government targets a 65% reduction in greenhouse gases by 2030. Japan - Mitsubishi Heavy Industries (Japan) is developing a new ammonia-based carbon capture technology targeting a 90% capture rate. They aim for commercialization by 2027, supported by Japanese government funding for clean tech innovation. A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Gas Cleaning Technology by Segment
The study includes a forecast for the global gas cleaning technology by product type, end use, and region.Gas Cleaning Technology Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Scrubbers
• Dry Sorbent Injection
• Particulate/Dust Collection
• Mist, Aerosols, Fine Particulate
• Nox Reduction
Gas Cleaning Technology Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Power Generation
• Chemical
• Cement
• Refinery & Petrochemical
• Pulp & Paper
• Mining
• Textiles
• Metals
• Others
Gas Cleaning Technology Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Gas Cleaning Technology Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies gas cleaning technology companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the gas cleaning technology companies profiled in this report include-• Babcock & Wilcox Enterprises
• ALFA LAVAL
• CECO Environmental
• Evoqua Water Technologies
• Fuji Electric
• GEA Group Aktiengesellschaft
• Wärtsilä
• S.A. HAMON
• Hitachi Zosen Inova
• KCH Services
Recent Development in the Gas Cleaning Technology Market
Tri-Mer Corporation: Launched new scrubber designs in June 2023 to address stricter air pollution regulations for Indian coal plants. Sinopec: Announced a $5 billion investment in April 2024 to upgrade refineries with advanced flue gas cleaning systems, targeting a 30% reduction in emissions by 2027. Siemens: Partnered with a local utility in March 2024 to develop a pilot project for a next-generation membrane filtration system for capturing CO2 from industrial emissions. Mitsubishi Heavy Industries: Developing a new ammonia-based carbon capture technology with a 90% capture rate. They aim for commercialization by 2027, with backing from Japanese government funding for clean technology innovation. Babcock & Wilcox Enterprises (US): Invested in research and development of ultra-supercritical pulverized coal technology for cleaner coal power generation. GEA Group (Germany): Introduced a new range of compact wet electrostatic precipitators in February 2024 for industrial dust collection with high efficiency and lower energy consumption.Features of the Global Gas Cleaning Technology Market
Market Size Estimates: Gas cleaning technology market size estimation in terms of value ($B). Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions. Segmentation Analysis: Gas cleaning technology market size by product type, end use, and region in terms of value ($B). Regional Analysis: Gas cleaning technology market breakdown by North America, Europe, Asia Pacific, and Rest of the World. Growth Opportunities: Analysis of growth opportunities in different product types, end uses, and regions for the gas cleaning technology market. Strategic Analysis: This includes M&A, new product development, and competitive landscape of the gas cleaning technology market. Analysis of competitive intensity of the industry based on Porter’s Five Forces model.FAQ
Q1. What is the gas cleaning technology market size? Answer: The global gas cleaning technology market is expected to reach an estimated $39.1 billion by 2030. Q2. What is the growth forecast for gas cleaning technology market? Answer: The global gas cleaning technology market is expected to grow with a CAGR of 4.7% from 2024 to 2030. Q3. What are the major drivers influencing the growth of the gas cleaning technology market? Answer: The major drivers for this market are growth of industries such as power generation, chemical, and oil & gas necessitating effective gas cleaning solutions for environmental compliance, increasing focus on sustainability and corporate responsibility leading to investments in pollution control and clean air technologies, and stringent environmental regulations. Q4. What are the major segments for gas cleaning technology market? Answer: The future of the global gas cleaning technology market looks promising with opportunities in the power generation, chemical, cement, refinery & petrochemical, pulp & paper, mining, textile, and metal markets. Q5. Who are the key gas cleaning technology market companies? Answer: Some of the key gas cleaning technology companies are as follows:• Babcock & Wilcox Enterprises
• ALFA LAVAL
• CECO Environmental
• Evoqua Water Technologies
• Fuji Electric
• GEA Group Aktiengesellschaft
• Wärtsilä
• S.A. HAMON
• Hitachi Zosen Inova
• KCH Services Q6. Which gas cleaning technology market segment will be the largest in future? Answer: Lucintel forecasts that particulate/dust collection is expected to witness the highest growth over the forecast period. Q7. In gas cleaning technology market, which region is expected to be the largest in next 5 years? Answer: APAC is expected to witness highest growth over the forecast period. Q8. Do we receive customization in this report? Answer: Yes, Lucintel provides 10% customization without any additional cost.
Table of Contents
1. Executive Summary
4.1 Global Gas Cleaning Technology Market by Region
4.2.1 North American Gas Cleaning Technology Market by Product Type: Scrubbers, Dry Sorbent Injection, Particulate/Dust Collection, Mist, Aerosols, Fine Particulate, and NOx Reduction
4.2.2 North American Gas Cleaning Technology Market by End Use: Power Generation, Chemical, Cement, Refinery & Petrochemical, Pulp & Paper, Mining, Textiles, Metals, and Others
4.3.1 European Gas Cleaning Technology Market by Product Type: Scrubbers, Dry Sorbent Injection, Particulate/Dust Collection, Mist, Aerosols, Fine Particulate, and NOx Reduction
4.3.2 European Gas Cleaning Technology Market by End Use: Power Generation, Chemical, Cement, Refinery & Petrochemical, Pulp & Paper, Mining, Textiles, Metals, and Others
4.4.1 APAC Gas Cleaning Technology Market by Product Type: Scrubbers, Dry Sorbent Injection, Particulate/Dust Collection, Mist, Aerosols, Fine Particulate, and NOx Reduction
4.4.2 APAC Gas Cleaning Technology Market by End Use: Power Generation, Chemical, Cement, Refinery & Petrochemical, Pulp & Paper, Mining, Textiles, Metals, and Others
4.5.1 ROW Gas Cleaning Technology Market by Product Type: Scrubbers, Dry Sorbent Injection, Particulate/Dust Collection, Mist, Aerosols, Fine Particulate, and NOx Reduction
4.5.2 ROW Gas Cleaning Technology Market by End Use: Power Generation, Chemical, Cement, Refinery & Petrochemical, Pulp & Paper, Mining, Textiles, Metals, and Others
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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Key Questions
- • What are some of the most promising, high-growth opportunities for the gas cleaning technology market by product type (scrubbers, dry sorbent injection, particulate/dust collection, mist, aerosols, fine particulate, and nox reduction), end use (power generation, chemical, cement, refinery & petrochemical, pulp & paper, mining, textiles, metals, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
- • Which segments will grow at a faster pace and why?
- • Which region will grow at a faster pace and why?
- • What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
- • What are the business risks and competitive threats in this market?
- • What are the emerging trends in this market and the reasons behind them?
- • What are some of the changing demands of customers in the market?
- • What are the new developments in the market? Which companies are leading these developments?
- • Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
- • What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
- • What M&A activity has occurred in the last 5 years and what has its impact been on the industry? For any questions related to Gas Cleaning Technology Market, Gas Cleaning Technology Market Size, Gas Cleaning Technology Market Growth, Gas Cleaning Technology Market Analysis, Gas Cleaning Technology Market Report, Gas Cleaning Technology Market Share, Gas Cleaning Technology Market Trends, Gas Cleaning Technology Market Forecast, Gas Cleaning Technology Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
