Emission Control Systems Market

Market Snapshot

Revenue from emission control system sales in the automotive & transportation sector grew at a robust 5.1% year-over-year in 2021. Demand for industrial systems increased 3.7%, giving the overall global emission control systems market year-over-year growth of 4.4% in 2021, according to the new industry analysis by Persistence Market Research.

By value, over 5% CAGR for the sales of emission control systems has been predicted for 2021-2031, while in terms of volume, demand is expected to increase at around 4.5% CAGR over the same period.

Valuable Insights Offered in Emission Control Systems Industry Research:

• Market Estimates and Forecasts (2016-2031)
• Key Drivers and Restraints Shaping Market Growth
• Segment-wise, Country-wise, and Region-wise Analysis
• Competition Mapping and Benchmarking
• Brand Share and Market Share Analysis
• Key Product Innovations and Regulatory Climate
• New Installations / Sales including Retrofit
• Assessment of Unit Shipments, Installation, and Assembly Price
• COVID-19 Impact on Demand for Emission Control Systems and How to Navigate
• Recommendation on Key Winning Strategies

Sales Analysis of Emission Control Systems from 2016 to 2020 Vs. Market Projections for 2021 to 2031

From 2016 to 2020, the global emission control systems market was reported to expand at a CAGR of 2.1%.

With rising urban air pollution due to overgrowing industrial spaces and vehicle pollution, emission control systems are playing a vital role in controlling environment damage. These systems are highly adopted to improve processes in industrial spaces such as power generation plants, chemical treatment plants, mining, and construction, to name a few.

Further, global regulations such as the Clean Air Act have posed more emphasis to integrate these systems into processes. The adoption rate of these systems has risen over the past few years, as a consequence of this.

Persistence Market Research expects the global emission control systems industry to expand at over 5% CAGR through 2031.

What are the Opportunities Ahead for Emission Control System Suppliers?

Various government programs to boost industrialization in growing economies such as India, China, Mexico, and others are causing the industrial sector to grow steadily. It has been a reflection that the industry is accelerating since cheap labor is being provided by countries such as China and India.

Rapid population growth with a significant population share having high disposable income will boost automobile sales and promote the growth of the automotive sector. Over the projection period, high potential growth in emerging economies for automotive and other industries is likely to generate significant opportunities for market players.

In order to meet changing customer demand, several research & development activities in the field of emission control systems are underway. In order to recognize shifting expectations, manufacturers are continually engaged in providing customized solutions to consumers.

Various research & development operations are examining the development of more efficient and low-maintenance products. Over the predicted period, the development of such goods could result in a large consumer base for emission control systems.

Which Regional Market Offers the Largest Opportunity for Sales of Emission Control Systems?

With an absolute dollar opportunity of around US$ 5.4 Bn, North America is expected to be the most lucrative market for emission control system suppliers. The U.S. is leading the North American market and is expected to witness high growth during 2021-2031. Presence of key participants involved in influencing the global market dynamics makes it a prominent region, and it offers the largest opportunity for sales of emission control products.

Country-wise Insights

How Fast are Emission Control System Sales Increases across the U.S.?

The market in the U.S. is expected to create an absolute dollar opportunity of US$ 4.3 Bn from 2021-2031.

In the U.S. there is high concentration of emission control system manufacturers. These suppliers have wide product portfolio offerings and generate large revenue streams from the sales of these systems. The trend to integrate multi-system emission control into one system is very common in the country.

What is the Potential for Emission Control System Manufacturers in GCC?

The market for emission control systems in GCC is close to one-third of the total market share in the Middle East & Africa. A vast developing oil & gas sector, especially refineries, has led the market in GCC to grow multifold in the past few years.

Usage of emission control in petrochemicals is growing even more, as neighboring countries are becoming important trade partners with Middle Eastern countries.

The GCC is expected to create an absolute dollar opportunity of US$ 84.5 Mn from 2021-2031.

Why is Demand for Emission Control Systems Increasing in Germany?

Demand in the German market is expected to rise at nearly 6.2% CAGR over the forecast period. Being in close proximity to other European countries and also regarded as home to technology innovation, it is one of the world's top machinery producers.

Germany is regarded as a primary market with high demand projected to persist over the forecast period. Furthermore, increased research activities and a strong automotive sector will present significant potential for suppliers of emission control systems.

Category-wise Insights

Which Device is Driving Sales of Emission Control Systems?

The value share of catalytic converters is nearly 50% of the global market.

Catalytic converter technology has developed significantly to work in several configurations, especially for gasoline engines. Selective catalytic reduction technology is one of the most widely used to meet stringent limits on emissions in coal-fired power plants.

Which Installation Type Influences Demand for Emission Control Systems?

Retrofit emission control systems hold a higher value share in the global market as compared to new systems. Retrofit devices for engine exhaust after-treatment are the most prevalent retrofit technologies.

To minimize emissions, these devices are inserted in exhaust systems. Diesel retrofit solutions have proved their capacity to drastically reduce undesirable emissions at reasonable costs without impacting vehicle performance in a variety of mobile source industries.

The retrofit installation type segment is expected to create an absolute dollar opportunity of US$ 7.7 Bn from 2021-2031. It is the most economical solution to improve air quality and reduce indirect as well as direct environmental and health impacts.

Will Sales of Emission Control Systems Gain Traction in the Construction Industry?

Improving infrastructure in public places such as airports, government offices, commercial centers, and institutions is one of the key factors for construction industry growth. Cement demand is being bolstered by the building industry's constant rise.

To meet increased demand for cement, major cement producers are expanding their production capacity. Cement manufacturing emits a variety of toxic emissions that are harmful to the environment. Cement producers are projected to utilize a large share of emission control systems produced globally in order to comply with the growing trend of sustainability.

Competitive Landscape

This is a moderately fragmented market with top players holding nearly 40%-45% of the global market. Product development and catering products according to niche applications is a key supply behavior in the global market.

Market participants are vying to be able to provide field support services and maintenance programs as a strategy to work closely to meet customer demands. Key strategic acquisitions and collaboration initiatives are observed by many players.

• In March 2021, power management company Tenneco Inc and Eaton plc announced a joint development agreement between Eaton's Vehicle Group and Tenneco's Clean Air business group to produce an integrated exhaust thermal management systems that will enable commercial truck and light vehicle manufacturers to meet future emission regulations.
• In February 2021, GEA received two orders for gas cleaning systems from oil and energy group Compania Espanola de Petroleos SA for their refineries in San Rabida and San Roque in Spain.
• In March 2017, DENSO Products and Services Americas, Inc. announced that it will begin accepting orders for its new line of PowerEdge diesel particulate filter (DPF) and diesel oxidation catalyst (DOC) replacement products for heavy-duty trucks and equipment.

Emission Control Systems Market Report Scope

Key Segments Covered in Emission Control Systems Industry Survey

By Device Type

• Catalytic Converters
• Electrostatic Precipitators
• Gas Scrubbers
• Bag House Filters
• Desulphurization Units
• Recovery Units
• EGR Units
• Combustor Units
• Oxidizers
• Absorption Columns
• Mist Eliminators
• Quenching Systems

By Installation

• New Emission Control Systems
• Retrofit Emission Control Systems

By End-use Sector

• Emission Control Systems for Automotive & Transportation
  • On-road Vehicles
  • Off-road Vehicles
  • Railways
  • Marine
• Industrial Emission Control Systems
  • Chemicals
  • Petrochemicals & Fertilizers
  • Mining
  • Cement
  • Metallurgy
  • Oil & Gas Refineries
  • Power Generation Plants
• Others (Pulp & Paper, Glass)
• Emission Control Systems for Waste Incinerators

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