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Emission Control Systems Market

Global Market Study on Emission Control Systems: Industry to Experience 2X Growth by 2031

Global Emission Control Systems Market by Device Type (Catalytic Converters, Electrostatic Precipitators, Gas Scrubbers, Bag House Filters, Desulphurization units, Vapour Recovery Units, EGR Units, Combustor units, Oxidizers, Absorption Columns, Mist Eliminators, Quenching Systems)

Emission Control Systems Market Snapshot

According to Persistence Market Research, the Emission Control Systems market will generate US $ 25,179 million in revenue by 2023. The growth of the market can be attributed to the increasing demand for emission control systems from the oil & gas industry, automotive industry, marine industry, and manufacturing sector across the globe. The Desulphurization units segment is projected to lead the global emission control systems market during the forecast period. The growth of this segment can be attributed to its ability to remove particulate matter (PM) and other pollutants from exhaust gases emitted by various industries such as oil & gas, automotive, marine, and manufacturing sectors. The global market for Emission Control Systems is expected to reach US$ 32,288.8 million by 2033, growing at a CAGR of 5.1% between 2023 and 2033.

Emissions has been subject of concern not just in the automotive sector but also across the vast industrial landscape. Various forms of emissions from industrial plants and automobiles are causing serious environmental and health problems across the globe and these problems should be tackled with technologies intended to reduce emissions.

Attributes Key Insights

Global Emission Control Systems Market Size (2022A)

US$ 24,036 Mn

Global Emission Control Systems Market Size (2023E)

US$ 25,179 Mn

Projected Emission Control Systems Market Value (2033F)

US$ 32,288.8 Mn

Value CAGR (2023-2033)

5.1%

Collective Value Share: Top 3 Countries (2022)

43.0%

According to PMR analysis, Consistent-growing regulations over emissions from various sources such as automobiles and industries is elevating the demand for emission control systems over the forecast period. Rapid industrialization in emerging economies along with consistent growing automobile sales has surpassed the pollution levels. There is a rising awareness towards hazardous effects of emissions from various industrial sources as well. With rising awareness and governmental regulations, demand for emission control systems is expected to witness substantial growth over the forecast period.

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Demand Analysis of Emission Control Systems Market Outlook for 2021 to 2033

From 2017 to 2022, the global emission control systems market was reported to expand at a CAGR of 3.0%.

There have been some discernible indications of a slowdown since COVID-19. Co-location has been one of the major forces behind invention because engineering is by its very nature a collaborative endeavour. Due to the COVID-19 the sales and distribution channels was closed down and resulted it impacts on the market.

Emission control systems are essential in preventing environmental harm as a result of increased urban air pollution brought on by expanding industrial spaces and vehicular pollution. These systems are widely used to enhance operations in industrial settings, including power plants, chemical treatment facilities, mines, and the construction industry, to mention a few. Additionally, international restrictions like the Clean Air Act have increased the importance of integrating these systems into processes. Over the past few years, these systems have become more widely used.

The market for Emission Control Systems is anticipated to expand at a 5.1% CAGR between 2023 and 2033. The market is expected to grow from US$ 25,179 million in 2023 to US$ 32,288.8 million by 2033.

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What are the drivers for the Emission Control Systems market?

Rapid industrialization and growth in existing industries, especially in emerging economies like India and China, is a key factor. Various existing industries are expanding their manufacturing facilities in emerging economies to enjoy the low cost of manufacturing offered by these economies. Growing population across the globe and rise in disposable income is elevating the demand for industrial products across the globe. Owing to growth in industries, air pollution is also increasing, which in turn is compelling regional governments to increase regulations over emissions, which is elevating the demand for industrial emission control systems over the forecast period.

Rising production cost in developed countries is compelling manufacturers to explore cheaper alternatives; Manufacturers are expanding in emerging economies such as India and China to enjoy the cheap labor costs in order to reduce production costs, which will offer higher operating and net margin percentage. Moreover, manufacturer-friendly policies and initiatives in emerging economies like China, India, Mexico and others are set to help increase manufacturing in such countries, which is likely to drive industrialization over the forecast period. Growth in industries is elevating pollution levels across the globe. Various governmental initiatives and growing trend of sustainability in industries is elevating the demand for emission control systems over the forecast period.

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What are the Key Opportunities on Offer for market participants?

A remarkable rise in the number of regulations over emissions from various sources has been observed over recent years. This trend of regulations is expected to grow owing to rising awareness about the hazardous impact of harmful emissions on the environment and human health. With increasing regulations on emissions, the global emission control systems market is expected to witness robust opportunities over the forecast period.

The industrial sector is steadily expanding as a result of numerous government measures to encourage industrialisation in growing economies like China, Mexico, India, and others. Moreover, industry is advancing quickly because of the cheap labour provided by nations like China and India. Additionally, the global population is expanding and people's disposable income is increasing, which is fuelling the demand for cars and advancing the automotive sector. Over the projected period, there are anticipated to be plenty of opportunities due to the high potential growth in emerging economies for the automotive and other industries.

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What are the restraints for the Emission Control Systems market growth?

Emission control systems are made up of complex mechanisms and require skilled labourers and technicians. Lack of skilled labour and technicians is a primary concern for emission control system manufacturers. Moreover, the production of complex mechanisms of emission control systems require proper maintenance at regular intervals. Presence of complex mechanisms require skilled labour and technicians, which is elevating the maintenance cost of emission, control systems. Lack of skilled labour and technicians are increasing the cost of production associated with the emission control systems, which can affect the operating and net margin percentage of the manufacturers.

Many places have access to low-cost, low-quality emission control system substitutes. End-users do not hesitate to purchase these products for temporary usage because they are readily available at affordable prices. Many local producers create identical items that do not fulfil the required regulatory standards and emission restrictions. These characteristics result in a variety of unanticipated circumstances in tiny industrial buildings. The market is being stifled by an increase of low-value control systems.

Country-wise Insights

Where Does the U.S. Stand in the Global Market for Emission Control Systems?

In 2022, the demand for Emission Control Systems in the United States is expected to be around 28.2% of the global market. Throughout the projection period of 2023–2022, the U.S. is anticipated to hold a significant share of the market in North America. The market in the U.S. is expected to create an absolute dollar opportunity of US$ 4,805 Mn from 2023-2033.

In the U.S. there is high concentration of emission control system manufacturers as well as product suppliers. 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 Outlook for Germany Emission Control Systems market?

It is one of the top product producers in the world and is located adjacent to other European nations, which are known for their technological creativity. Over the projection period, demand is anticipated to grow at a CAGR of roughly 6.2% in the German market.

High demand is anticipated to continue throughout the forecast period in Germany, which is considered a primary market. Additionally, robust car sales and increased research activity will offer major opportunity for pollution control system suppliers. From 2023 to 2033, Germany is predicted to generate an absolute monetary opportunity of US$ 1,535 million.

Category-wise Insights

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

One of the most important drivers for the expansion of the construction sector is the improvement of infrastructure in public areas including airports, offices of government, commercial areas, and institutions. The continual growth of the building sector is boosting cement demand. The largest cement makers are increasing their production capacity to fulfil the rising demand for cement.

Several hazardous emissions from cement production are bad for the environment. In order to comply with the escalating trend of sustainability, cement companies are expected to use a significant portion of the emission control systems created globally. Between 2023 and 2033, the forecast period, it recorded a CAGR of 3.6%.

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. The most common retrofit technology are devices for engine exhaust after-treatment. These devices are installed in exhaust systems to reduce emissions.

In a number of mobile source sectors, diesel retrofit systems have demonstrated their ability to significantly reduce unwanted emissions at affordable costs without affecting vehicle performance. From 2023 to 2033, the retrofit installation type sector is anticipated to have an absolute dollar opportunity of US$ 7,107 Mn. It is the most cost-effective way to enhance air quality and lessen both direct and indirect negative effects on the environment and human health.

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 behaviour 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. Many players observe key strategic acquisitions and collaboration initiatives. Some of the key developments are:

  • 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 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.

Emission Control Systems Industry Report Scope

Attribute Details

Forecast Period

2023-2033

Historical Data Available for

2017-2022

Market Analysis

  • US$ Mn for Value
  • Units for volume

Key Regions Covered

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa

Key Countries Covered

  • U.S.
  • Canada
  • Brazil
  • Mexico
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • BENELUX
  • China
  • Japan
  • South Korea
  • India
  • ASEAN
  • Australia
  • New Zealand
  • GCC Countries
  • Turkey
  • Northern Africa
  • South Africa

Key Market Segments Covered

  • Device type
  • Installation
  • End-Use Sector
  • Region

Key Companies Profiled

  • DuPont de Nemours, Inc
  • Tenneco, Inc.
  • GEA Group Aktiengesellschaft
  • MAN
  • Cummins, Inc.
  • Faurecia SE
  • Denso Corporation
  • Mitsubishi Heavy Industries Group
  • Nett Technologies Inc.
  • Anguil Environmental Systems, Inc.
  • DCL International Inc.
  • Catalytic Products International
  • Babcock & Wilcox Enterprises, Inc.
  • Ducon Technologies Inc.
  • Bosal Group
  • Valmet
  • Thermax Global Limited
  • ENVEA

Pricing

Available upon Request

Key Segments Covered in Emission Control Systems Industry Research

By Device Type:

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

By Installation:

  • New
  • Retrofit

By End-Use Sector:

  • Automotive & Transportation
    • On-Road Vehicles
    • Off-Road vehicles
    • Railway
    • Marine
  • Industrial
    • Chemicals
    • Petrochemicals & Fertilizers
    • Mining
    • Cement
    • Metallurgy
    • Oil & Gas Refineries
    • Power Generation Plants
    • Others (Pulp & Paper, Glass)
  • Water incinerators

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa

- Companies Covered in This Report -

  • DuPont de Nemours, Inc
  • Tenneco, Inc.
  • GEA Group Aktiengesellschaft
  • MAN
  • Cummins, Inc.
  • Faurecia SE
  • Denso Corporation
  • Mitsubishi Heavy Industries Group
  • Nett Technologies Inc.
  • Anguil Environmental Systems, Inc.
  • DCL International Inc.
  • Catalytic Products International
  • Babcock & Wilcox Enterprises, Inc.
  • Ducon Technologies Inc.
  • Bosal Group
  • Valmet
  • Thermax Global Limited
  • ENVEA

- Frequently Asked Questions -

The Global Emission Control Systems Market is estimated to be valued at over US$ 25,179 Mn as of 2023.

Emission Control Systems are projected to increase at 5.1% CAGR and is expected to be valued at around US$ 32,288.8 Mn by 2033 end.

Man Energy Solutions, Tenneco Inc., GEA Group, Denso Corporation, Faurecia SE, Mitsubishi Heavy Industries Group are some of the leading players in the overall market.

U.S., China, Germany, U.K., and Japan are driving most of the demand for Emission Control Systems.

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