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The global market for air pollution control equipment reached nearly $56.6 billion and $61 billion in 2013 and 2014, respectively. This market is expected to grow at a compound annual growth rate (CAGR) of 5.2% to $78.4 billion for the period 2014-2019.

Air pollution control equipment is used to controls, capture, and remove harmful gases from the air stream emitted by industries. Electrostatic precipitators are used for the removal of particulate and acid mist from industrial exhaust gas streams. Fabric filters remove dust particulates from air or gases. NOx control is used to reduce NOx emissions from industries. Scrubbers comprise different air pollution control equipment, which is used to remove pollutant gases from industries. An adsorber is used as an absorber material, which is used to remove harmful gases. An increase in air pollution has led to the demand for air pollution control equipment globally.

The use of market-based incentives (MBIs) as mechanism for influencing pollution abatement has increased greatly in recent years. This trend reflects the realization that the integration of economic and environmental decision-making will induce the private sector to take steps to reduce their pollution emissions levels. Market-based incentive instruments may be broadly classified to include environmental taxes, investment tax incentives, tradable permits, user charges and deposit refund systems. Until now, policy- makers worldwide have continued to place greater emphasis on the use of investment tax incentives since they seem to more effectively balance environmental considerations with concerns about industrial competitiveness.

  • Air Quality Control Equipment
  • Global Vendors' Analysis
  • Electrostatic Precipitators

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