Market Overview:
The global particulate matter reduction systems market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for steel, thermal power, and cement across the globe. In addition, stringent environmental regulations regarding particulate emissions are also propelling the demand for particulate matter reduction systems. Based on type, the global particulate matter reduction systems market is segmented into bag dust collectors, electrostatic precipitators (ESP), and others. The ESP segment is expected to grow at a higher CAGR during the forecast period owing to its ability to remove finer particles from air streams as compared with other types of collectors. Based on application, the global market is divided into steel industry, thermal power industry, cement industry, and others segments. The steel industry segment accounted for majority of the share in 2017 and is projected to maintain its dominance during the forecast period owing to increasing demand for automobiles and construction activities globally.
Product Definition:
Particulate Matter Reduction Systems (PMRS) are systems that work to remove harmful particles from the air. They can be used in homes, schools, businesses, and other public places. PMRS are important because they help improve air quality and protect people's health.
Bag Dust Collector:
Bag dust collector is a device used to collect dust generated during the grinding process. It works by capturing fine particles that are released from the grinding material and holding them in a bag until they have been filtered out. The most common types of dust collectors used are cloth, plastic, paper, and fiber among others.
Electrostatic Precipitator (ESP):
An electrostatic precipitator (ESP) is a device used to collect and remove particulate matter from air. It works by creating an electric field which attracts the dust particles and causes them to stick together due to their positive and negative charges. This process is called as static charging or charging. The collected dust particles are then removed through a filter, usually a HEPA filter, or vacuum system depending on the type of ESP employed.
Application Insights:
Steel industry emerged as the largest application segment in terms of demand and is projected to witness a CAGR of XX% from 2018 to 2030. The growth can be attributed to stringent regulations implemented by various governments across the world regarding reduction of particulate matter in the steel industry.
The cement industry accounted for over 15% share on account of stringent regulations regarding production and consumption of particulate matter in this sector, which are expected to drive demand for PMRS systems over the forecast period. Other prominent applications include power generation, iron & steel manufacturing, and thermal power plants among others such as oil & gas refineries where there is a high risk or exposure towards environmental pollution due to emissions from these industries. PMRS helps control these types of pollution by providing effective collection, processing & disposal solutions that reduce environmental impact while improving operational efficiency at source levels thereby driving its adoption across various industrial sectors globally over the forecast period.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of 42.0% in terms of revenue owing to large scale production and consumption of coal, steel, cement as well as other industries that generate particulates. In addition, rapid industrialization along with increasing population has led to an increase in pollution levels which will further boost product demand over the forecast period.
The European market was valued at USD X million in 2017 and is anticipated to grow at a significant rate during the forecast years on account of stringent regulations regarding PM10 emission by various governments coupled with technological advancements such as introduction of bag dust collectors by manufacturers such as Suez Environment (France) and Ramboll Group A/S (Denmark). Moreover, growing awareness among end-users regarding particulate matter reduction systems will drive growth further across this region during the projected time frame.
Growth Factors:
- Stringent government regulations for particulate matter emissions from various industrial and commercial sources
- Increasing public awareness about the health hazards of particulate matter exposure
- Growing demand for air quality monitoring and control systems
- Rising investments in research and development of advanced PM reduction technologies
- Proliferation of green buildings that require installation of high-efficiency PM reduction systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Particulate Matter Reduction Systems Market Research Report
By Type
Bag Dust Collector, Electrostatic Precipitator (ESP), Others
By Application
Steel Industry, Thermal Power Industry, Cement, Other
By Companies
Longking, GE, GEA, FLSmidth, Feida, Babcock & Wilcox, Ducon Technologies, Wartsila, SPC, Sinoma, Hamon, Thermax, SHENGYUN, BHEL
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Particulate Matter Reduction Systems Market Report Segments:
The global Particulate Matter Reduction Systems market is segmented on the basis of:
Types
Bag Dust Collector, Electrostatic Precipitator (ESP), Others
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
Steel Industry, Thermal Power Industry, Cement, 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:
- Longking
- GE
- GEA
- FLSmidth
- Feida
- Babcock & Wilcox
- Ducon Technologies
- Wartsila
- SPC
- Sinoma
- Hamon
- Thermax
- SHENGYUN
- BHEL
Highlights of The Particulate Matter Reduction 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:
- Bag Dust Collector
- Electrostatic Precipitator (ESP)
- Others
- By Application:
- Steel Industry
- Thermal Power Industry
- Cement
- 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 Particulate Matter Reduction 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.
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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?
Particulate Matter Reduction Systems (PMRS) are a type of air pollution control technology that uses filters to remove particulates from the air. PMRS systems can be used in both commercial and residential settings.
Some of the major players in the particulate matter reduction systems market are Longking, GE, GEA, FLSmidth, Feida, Babcock & Wilcox, Ducon Technologies, Wartsila, SPC, Sinoma, Hamon, Thermax, SHENGYUN, BHEL.
The particulate matter reduction 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 Particulate Matter Reduction 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 Particulate Matter Reduction Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Particulate Matter Reduction 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 Particulate Matter Reduction 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 Particulate Matter Reduction Systems Market Size & Forecast, 2018-2028
4.5.1 Particulate Matter Reduction Systems Market Size and Y-o-Y Growth
4.5.2 Particulate Matter Reduction Systems Market Absolute $ Opportunity
Chapter 5 Global Particulate Matter Reduction 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 Particulate Matter Reduction Systems Market Size Forecast by Type
5.2.1 Bag Dust Collector
5.2.2 Electrostatic Precipitator (ESP)
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Particulate Matter Reduction 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 Particulate Matter Reduction Systems Market Size Forecast by Applications
6.2.1 Steel Industry
6.2.2 Thermal Power Industry
6.2.3 Cement
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Particulate Matter Reduction 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 Particulate Matter Reduction 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 Particulate Matter Reduction Systems Analysis and Forecast
9.1 Introduction
9.2 North America Particulate Matter Reduction 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 Particulate Matter Reduction Systems Market Size Forecast by Type
9.6.1 Bag Dust Collector
9.6.2 Electrostatic Precipitator (ESP)
9.6.3 Others
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 Particulate Matter Reduction Systems Market Size Forecast by Applications
9.10.1 Steel Industry
9.10.2 Thermal Power Industry
9.10.3 Cement
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 Particulate Matter Reduction Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Particulate Matter Reduction 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 Particulate Matter Reduction Systems Market Size Forecast by Type
10.6.1 Bag Dust Collector
10.6.2 Electrostatic Precipitator (ESP)
10.6.3 Others
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 Particulate Matter Reduction Systems Market Size Forecast by Applications
10.10.1 Steel Industry
10.10.2 Thermal Power Industry
10.10.3 Cement
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 Particulate Matter Reduction Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Particulate Matter Reduction 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 Particulate Matter Reduction Systems Market Size Forecast by Type
11.6.1 Bag Dust Collector
11.6.2 Electrostatic Precipitator (ESP)
11.6.3 Others
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 Particulate Matter Reduction Systems Market Size Forecast by Applications
11.10.1 Steel Industry
11.10.2 Thermal Power Industry
11.10.3 Cement
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 Particulate Matter Reduction Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Particulate Matter Reduction 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 Particulate Matter Reduction Systems Market Size Forecast by Type
12.6.1 Bag Dust Collector
12.6.2 Electrostatic Precipitator (ESP)
12.6.3 Others
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 Particulate Matter Reduction Systems Market Size Forecast by Applications
12.10.1 Steel Industry
12.10.2 Thermal Power Industry
12.10.3 Cement
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) Particulate Matter Reduction Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Particulate Matter Reduction 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) Particulate Matter Reduction Systems Market Size Forecast by Type
13.6.1 Bag Dust Collector
13.6.2 Electrostatic Precipitator (ESP)
13.6.3 Others
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) Particulate Matter Reduction Systems Market Size Forecast by Applications
13.10.1 Steel Industry
13.10.2 Thermal Power Industry
13.10.3 Cement
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 Particulate Matter Reduction Systems Market: Competitive Dashboard
14.2 Global Particulate Matter Reduction Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Longking
14.3.2 GE
14.3.3 GEA
14.3.4 FLSmidth
14.3.5 Feida
14.3.6 Babcock & Wilcox
14.3.7 Ducon Technologies
14.3.8 Wartsila
14.3.9 SPC
14.3.10 Sinoma
14.3.11 Hamon
14.3.12 Thermax
14.3.13 SHENGYUN
14.3.14 BHEL
