01-Oct-2021 | Zion Market Research
Major companies in industrial flue gas treatment systems & services market are Mitsubishi Hitachi Power Systems Ltd., Envitech, Babcock & Wilcox Enterprises Inc, Environment System Corporations, STT Environ Corp, Agilis Technology, Beltran Technologies, Doosan Lentjes, Classifier Milling Systems and Ducon Infratechnolgies Limited. These players are set to bolster the development of global industrial flue gas treatment systems & services market.
According to analysts at Zion Market Research, industrial flue gas treatment systems & services market accounted for more than USD 6,425.3 million in 2020 and is expected to reach more than USD 9,389.0 million by 2028, growing at a CAGR of 5.1 % from 2021 to 2028.
This review is based on a report by Zion Market Research, titled “Industrial Flue Gas Treatment Systems & Services Market By Business Type (New Projects, Systems, Services, Retrofits And Up-Gradation, and Others), By Pollutant Control System (Denox, Flue Gas Desulfurization, Mercury Control, Particulate Control, and Others), By End-User Industry (Iron And Steel, Power Generation, Chemical And Petrochemicals, Cement Manufacture and Others) and By Region: Global Industry Perspective, Comprehensive Analysis, And Forecast, 2020 – 2028.”
Rising Health And Environmental Concerns To Spur Market Growth
“Growing concern for the health safety of the workers in the industry and environmental safety concerns will garner the growth for kitchen appliance market in the years ahead,” says the author of this study. In addition to this, the rise in the number of the patient due to airborne diseases is also boosting the growth of the global industrial flue gas treatment systems & services market. Additionally, growing awareness about the advantages of industrial flue gas treatment systems & services is also one of the main reasons that are driving the global industrial flue gas treatment systems & services market. Moreover, strict government norms are also lending a helping hand in the growth of the global market.
On the other hand, the hefty charges for maintenance are the main reason hindering the growth of global industrial flue gas treatment systems & services market. In addition to this, lack of job opportunities and high cost for labor is also one of the significant reasons that are restraining the growth of the global market. Additionally, high cost of ownership for the tools essential for industrial flue gas treatment systems & services is also one of the significant reasons that are hampering the growth of the global market.
Presence Of Target Industries Is Supporting Asia-Pacific Dominance
Regionally, Asia-Pacific has been one of leading the worldwide industrial flue gas treatment systems & services market and is anticipated to continue to grow in the years to come, states the industrial flue gas treatment systems & services market study. Strict government norms have boosted the global market in North America. Growing concern for the health safety of the workers in the industry is the main factors that are lowering the global industrial flue gas treatment systems & services market in Asia Pacific region. The rest of the world will show a moderate growth in the growth of the global market.
Browse the full “Industrial Flue Gas Treatment Systems & Services Market By Business Type (New Projects, Systems, Services, Retrofits And Up-Gradation, and Others), By Pollutant Control System (DeNOx, Flue Gas Desulfurization, Mercury Control, Particulate Control, and Others), By End-User Industry (Iron And Steel, Power Generation, Chemical And Petrochemicals, Cement Manufacture and Others) and By Region: Global Industry Perspective, Comprehensive Analysis, And Forecast, 2020 – 2028.” Report at https://www.zionmarketresearch.com/report/industrial-flue-gas-treatment-systems-services-market
The global industrial flue gas treatment systems & services market is segmented as follows:
By Business Type
By Pollutant Control System
By End-User Industry
By Region
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