Gas Cleaning Technologies Market Size Worth $49.97 Billion by 2032 | CAGR: 4.8%

Gas Cleaning Technologies Market Size Worth $49.97 Billion by 2032 | CAGR: 4.8%


The global gas cleaning technologies market size is expected to reach USD 49.97 billion by 2032, according to a new study by Polaris Market Research. The report “Gas Cleaning Technologies Market Share, Size, Trends, Industry Analysis Report, By Product (Scrubbers, Dry Sorbent Injection, Particulate/Dust Collection), By End-use (Chemical, Cement), By Region, And Segment Forecasts, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Significant increase in the demand for coal-fired power worldwide, partly due to a decline in renewable energy sources and the economic repercussions of the Russia-Ukraine conflict. According to the World Bank Group, industries are responsible for over one-third of the global Greenhouse Gas (GHG) emissions, both directly and indirectly. Among these industries, sectors such as iron and steel, chemical, manufacturing, and cement play a major role in contributing to climate change and global warming. This is primarily due to their substantial energy requirements for carrying out their processing and manufacturing operations. Consequently, there is an increasing urgency for industries to adopt air pollution control technologies to limit the release of GHGs.

The market is expected to experience significant growth due to the rising prevalence of coal-fired power plants worldwide. According to the International Energy Agency, there was a remarkable 8% global increase in coal-fired power generation in 2021, reaching an all-time high. More than half of the additional power demand in 2021 was met by coal. Comparing figures to 2020, emissions from coal-fired power plants surged by 16% in the United States and by 20% in the European Union during 2021. Furthermore, India also witnessed a record high in coal-fired power generation in 2021, with a substantial 13% increase compared to 2020.

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The increasing levels of air pollution and their detrimental effects on both human health and the environment are expected to drive the adoption of pollution control technologies, thereby propelling market growth. Rapid industrialization and expansion across various sectors have led to a significant rise in air pollution. These industrial processes involve the use of the several gases, resulting in the emission of harmful pollutants such as carbon monoxide, hydrocarbons, sulfur dioxide, and nitrogen oxides. Consequently, the demand for pollution control technologies is on the rise, and this trend is anticipated to continue over the forecast period.

Gas Cleaning Technologies Market Report Highlights

  • NOX reduction segment held the substantial share, owing to its use exhausting poisonous gases
  • Wet scrubbers hold the maximum share, as they most suitable with the chemical gases
  • Europe exhibited highest CAGR, owing to favorable government norms, and support to key specialty chemical companies
  • The global key market players include Babcock & Wilcox, ALFA LAVALCECO Environmental, Evoqua Water Technologies, and Fuji Electric

Polaris Market Research has segmented the gas cleaning technologies market report based on product, end use, and region:

Gas Cleaning Technologies, Service Outlook (Revenue - USD Billion, 2023 - 2032)

  • Scrubbers
    • Wet Scrubber
      • Packed Bed Scrubber
      • Venturi Scrubber
      • Spray Scrubber
      • Others
    • Dry Scrubber
      • Semi-dry
      • Dry
  • Dry Sorbent Injection
  • Particulate/Dust Collection
    • Baghouse
    • Gas Filtration
    • Electrostatic Precipitators (ESP)
    • Cyclonic Separators
  • Mist, Aerosols, Fine Particulate
    • Wet Electrostatic Precipitator (WESP)
    • Candle Filter/Mist Eliminators
      • Glass
      • Carbon
      • Polypropylene
      • Polyester
      • Others
  • Others
  • NOx Reduction
    • SCR/SNCR
    • Low NOx Burners
    • NOx wet Scrubbing

Gas Cleaning Technologies, Platform Outlook (Revenue - USD Billion, 2023 - 2032)

  • Power Generation
    • Coal
    • Natural Gas
    • Others
  • Chemical
  • Cement
  • Refinery & Petrochemical
  • Pulp & Paper
  • Mining
  • Textiles
  • Metals
    • Steel
      • Integrated (Blast Furnace/Basic Oxygen Furnace)
      • Electric Arc Furnace
      • Downstream Finishing
    • Aluminum
  • Others

Gas Cleaning Technologies, Regional Outlook (Revenue - USD Billion, 2023 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Gas Cleaning Technologies Market Report Scope

Report Attributes

Details

Market size value in 2023

USD 32.73 billion

Revenue forecast in 2032

USD 49.97 billion

CAGR

4.8% from 2023 – 2032

Base year

2022

Historical data

2019 – 2021

Forecast period

2023 – 2032

Quantitative units

Revenue in USD billion and CAGR from 2023 to 2032

Segments covered

By Product, End Use, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Key companies

Babcock & Wilcox, ALFA LAVALCECO Environmental, Evoqua Water Technologies, Fuji Electric, GEA Group, Hitachi Zosen Inova, KCH Services, Nederman Holding, Tri-Mer Corp., Verantis Environmental Solutions, Yara Marine, Elessent Clean Technologies, DuconEnv.com, FLSmidth, ANDRITZ, and John Cockerill

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  • Regional analysis
  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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