Future of Americas air quality control system industry

“The Air Quality Control System (AQCS) market was estimated to be $13.16 million by 2014, and is forecasted to reach $16.47 million by 2019. It is expected to grow at a CAGR of 4.6% from 2014 to 2019. The demand of selective catalytic reduction (SCR) is very high in the American region with $3.40 million in 2014”.

“The report “The Americas Air Quality Control System Market forecast, 2014-2019” analyzes the AQCS market by types and geography such as the U.S., Canada, Mexico, and Brazil. In terms of types, the reports is segmented into various types of AQCS equipment such as flue gas desulphurization, electrostatic precipitator, fabric filters, NOx control systems, and mercury control systems”.

“SCR holds around 25.9% share of the AQCS market, and expected to grow by end of 2019 with CAGR of 5.5%. This region is growing at a substantial pace for the AQCS market, due to huge industrialization in Latin America, the government policies made for the benefit of environment, and industries that are shifting from coal-based power generation to gas-based power generation”.

“The Americas is the second-highest market for AQCS with approximately value of $3.40 million. The region is characterized with continuous rise in technically innovative applications in various types of the AQCS equipment with the presence of top service providers such as Babcock & Wilcox (U.S.), Mitsubishi Hitachi (U.S.), Alstom (France), and Thermax (India). The region witnesses the highest share of SCR with value of $3.40 million in 2014, and is expected to grow by $4.45 million by 2019, at CAGR of 5.5% from 2014 to 2019”. Read more https://www.micromarketmonitor.com/market/americas-air-quality-control-systems-8956027258.html

Micromarketmonitor, 2014, “Americas Air Quality Control Systems Market” retrieved from https://www.micromarketmonitor.com/market/americas-air-quality-control-systems-8956027258.html

Categorised in: Air pollution