Market Overview:
The Global Blast Furnace Gas Cleaning Systems Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for blast furnace gas cleaning systems in various applications such as energy and power, architectural engineering, mechanical casting, and others. In addition, the growing awareness about environmental protection is also propelling the demand for blast furnace gas cleaning systems across the globe.
Product Definition:
A blast furnace gas cleaning system removes pollutants from the exhaust gases of a blast furnace. The importance of a blast furnace gas cleaning system is to protect the environment by removing pollutants from the exhaust gases.
Dry Cleaning System:
The global dry cleaning system, it's usage and growth factor in blast furnace gas cleaning systems market size was valued at USD 1.5 billion in 2015. The industry is expected to witness significant growth on account of growing concerns over environmental pollution caused by industrial emissions.
Wet Cleaning System:
The wet cleaning system is used to remove harmful contaminants from the blast furnace gas. The system includes several components such as scrubbers, regenerators, dryers and filters which are used in sequence. The process of wet cleaning consists of two phases i.e., pre-clean and clean-up which are carried out before each firing cycle in a blast furnace to remove impurities present on the walls of the combustion chamber.
Application Insights:
The energy and power application segment accounted for the largest revenue share in 2017. The segment is projected to expand further at a steady CAGR over the forecast period owing to rising demand for coal and other fossil fuels, which are used as feedstock for steel production, thereby generating high emissions of carbon dioxide (CO2).
The architectural engineering application segment is expected to witness significant growth over the forecast period due to increasing product adoption across various industries including oil & gas, chemical manufacturing and iron & steel manufacturing. In addition, stringent regulations regarding air pollution control in developed economies such as U.K., Germany and France are likely to propel industry expansion over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a growing demand for blast furnaces since past few years owing to increasing steel production capacity. China, India, Japan, South Korea are some of the major countries that have witnessed significant growth in steel production output over the past few years. Growing construction activities due to rising population coupled with rapid urbanization across these countries is anticipated to fuel product demand further driving regional market growth.
Europe accounted for more than 20% of total revenue share in 2017 on account of high consumption levels observed within this region as compared to Asia Pacific and Latin America regions regarding gas cleaning systems products usage rates per million inhabitants are very different between these regions which can be attributed towards higher consumption rate observed within Europe as compared against other two regions (Asia Pacific and Latin America).
Growth Factors:
- Increasing demand for steel in developing countries
- Growing automotive and construction industries
- Stringent environmental regulations for emissions control
- Development of advanced and efficient blast furnace gas cleaning systems
- Rising prices of raw materials used in blast furnaces
Scope Of The Report
Report Attributes
Report Details
Report Title
Blast Furnace Gas Cleaning Systems Market Research Report
By Type
Dry Cleaning System, Wet Cleaning System
By Application
Energy and Power, Architectural Engineering, Mechanical Casting, Other
By Companies
NIPPON STEEL ENGINEERING CO., LTD, Primetals Technologies, DANIELI, JP Steel Plantech Co., GEA Group, PRG, THEISEN GmbH, Munich, voestalpine AG, Kremsmuller, NIPPON STEEL ENGINEERING CO., LTD
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Blast Furnace Gas Cleaning Systems Market Report Segments:
The global Blast Furnace Gas Cleaning Systems market is segmented on the basis of:
Types
Dry Cleaning System, Wet Cleaning System
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Energy and Power, Architectural Engineering, Mechanical Casting, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- NIPPON STEEL ENGINEERING CO., LTD
- Primetals Technologies
- DANIELI
- JP Steel Plantech Co.
- GEA Group
- PRG
- THEISEN GmbH, Munich
- voestalpine AG
- Kremsmuller
- NIPPON STEEL ENGINEERING CO., LTD
Highlights of The Blast Furnace Gas Cleaning Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dry Cleaning System
- Wet Cleaning System
- By Application:
- Energy and Power
- Architectural Engineering
- Mechanical Casting
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Blast Furnace Gas Cleaning Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Blast Furnace Gas Cleaning Systems are used to clean the exhaust gases from a blast furnace. The gases are cleaned of any harmful pollutants that may be present.
Some of the key players operating in the blast furnace gas cleaning systems market are NIPPON STEEL ENGINEERING CO., LTD, Primetals Technologies, DANIELI, JP Steel Plantech Co., GEA Group, PRG, THEISEN GmbH, Munich, voestalpine AG, Kremsmuller, NIPPON STEEL ENGINEERING CO., LTD.
The blast furnace gas cleaning systems market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Blast Furnace Gas Cleaning Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Blast Furnace Gas Cleaning Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Blast Furnace Gas Cleaning Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Blast Furnace Gas Cleaning Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Blast Furnace Gas Cleaning Systems Market Size & Forecast, 2018-2028
4.5.1 Blast Furnace Gas Cleaning Systems Market Size and Y-o-Y Growth
4.5.2 Blast Furnace Gas Cleaning Systems Market Absolute $ Opportunity
Chapter 5 Global Blast Furnace Gas Cleaning Systems Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Blast Furnace Gas Cleaning Systems Market Size Forecast by Type
5.2.1 Dry Cleaning System
5.2.2 Wet Cleaning System
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Blast Furnace Gas Cleaning Systems Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Blast Furnace Gas Cleaning Systems Market Size Forecast by Applications
6.2.1 Energy and Power
6.2.2 Architectural Engineering
6.2.3 Mechanical Casting
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Blast Furnace Gas Cleaning Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Blast Furnace Gas Cleaning Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Blast Furnace Gas Cleaning Systems Analysis and Forecast
9.1 Introduction
9.2 North America Blast Furnace Gas Cleaning Systems Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Blast Furnace Gas Cleaning Systems Market Size Forecast by Type
9.6.1 Dry Cleaning System
9.6.2 Wet Cleaning System
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Blast Furnace Gas Cleaning Systems Market Size Forecast by Applications
9.10.1 Energy and Power
9.10.2 Architectural Engineering
9.10.3 Mechanical Casting
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Blast Furnace Gas Cleaning Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Blast Furnace Gas Cleaning Systems Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Blast Furnace Gas Cleaning Systems Market Size Forecast by Type
10.6.1 Dry Cleaning System
10.6.2 Wet Cleaning System
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Blast Furnace Gas Cleaning Systems Market Size Forecast by Applications
10.10.1 Energy and Power
10.10.2 Architectural Engineering
10.10.3 Mechanical Casting
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Blast Furnace Gas Cleaning Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Blast Furnace Gas Cleaning Systems Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Blast Furnace Gas Cleaning Systems Market Size Forecast by Type
11.6.1 Dry Cleaning System
11.6.2 Wet Cleaning System
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Blast Furnace Gas Cleaning Systems Market Size Forecast by Applications
11.10.1 Energy and Power
11.10.2 Architectural Engineering
11.10.3 Mechanical Casting
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Blast Furnace Gas Cleaning Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Blast Furnace Gas Cleaning Systems Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Blast Furnace Gas Cleaning Systems Market Size Forecast by Type
12.6.1 Dry Cleaning System
12.6.2 Wet Cleaning System
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Blast Furnace Gas Cleaning Systems Market Size Forecast by Applications
12.10.1 Energy and Power
12.10.2 Architectural Engineering
12.10.3 Mechanical Casting
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Blast Furnace Gas Cleaning Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Blast Furnace Gas Cleaning Systems Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Blast Furnace Gas Cleaning Systems Market Size Forecast by Type
13.6.1 Dry Cleaning System
13.6.2 Wet Cleaning System
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Blast Furnace Gas Cleaning Systems Market Size Forecast by Applications
13.10.1 Energy and Power
13.10.2 Architectural Engineering
13.10.3 Mechanical Casting
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Blast Furnace Gas Cleaning Systems Market: Competitive Dashboard
14.2 Global Blast Furnace Gas Cleaning Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 NIPPON STEEL ENGINEERING CO., LTD
14.3.2 Primetals Technologies
14.3.3 DANIELI
14.3.4 JP Steel Plantech Co.
14.3.5 GEA Group
14.3.6 PRG
14.3.7 THEISEN GmbH, Munich
14.3.8 voestalpine AG
14.3.9 Kremsmuller
14.3.10 NIPPON STEEL ENGINEERING CO., LTD
