The Asia-Pacific air quality control systems market is expected to cross more than $40 billion by 2019, with a projected CAGR of 6.7%, signifying a high demand for air quality control systems in both developed and developing countries in Asia-Pacific. The Asia-Pacific air quality control systems market is at various stages of development. The market opportunities for different type of technologies are diverse across Asia-Pacific regions. In emerging economies such as China and India, the market is tied to rapid industrialization and urbanization activities.
Browse 77 market data tables with 37 figures spread through 150 pages and in-depth TOC on "Asia-Pacific Air Quality Control Systems Market by Technology (Flue Gas Desulphurization(FGD), Electrostatic Precipitators, Fabric Filters, Nitrogen Oxide Control Systems, Scrubbers and Mercury Control Systems), by Application (Power Generation, Cement Manufacturing, Iron & Steel, Chemicals, Others), by Country - Trends and Forecasts till 2019"
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Power generation: Biggest market by Application
The Power generation market accounted for the largest share of the totalAsia-Pacific air quality control systems market, in 2013. Coal is the largest source of energy used for generating electricity worldwide. The increasing number of coal-fired power plants, in the upcoming years,in countries like India and China is expected to increase the demand for AQCS. The large scale use of coal pollutesthe environment with toxins creating global warming. Air quality control systems are capable of drastically reducing air pollution emissions from coal-fired power plantsconsequently, creating a huge demand for these systems.
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Particulate control systems hold a major share by Technology
The particulate control systems such as fabric filters and electrostatic precipitators hold a major share of total Asia-Pacific Air quality control systems. The use of fabric filters and electrostatic precipitators is increasing with the stringent emission regulations of particulate matters. The fabric filters market in Asia-Pacific is expected to grow at a CAGR of 7.6% between 2014 and 2019.
China: Largest market for Air Quality Control Systems
Emission regulations are the major factors that drive the air quality control systems market. The growth in industries such as power generation, cement manufacturing, and chemicals and metal processing, the country has witnessed exponential growth in industrial activities, resulting in a huge amount of pollutants through emissions from industries. The stringent regulations pertaining to NO¬x and mercury emissions in the coming years are expected to increase the demand for AQCS in China. The Asia-Pacific air quality control systems market in China is expected to grow at a CAGR of 6.6%, between 2014 and 2019.
The developing economies in Asia such as India, Thailand, and Vietnam; exhaust gases and toxic particulate pollutants are released into the atmosphere directly, without proper treatment. However, this scenario is rapidly changing as increased environmental awareness is reflected in stringent industrial emission regulations and a dedicated approach on the part of industry to better environmental performance and meet customer expectations.
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