Global Waste Gas Treatment Market
The waste gas treatment market involves the management and purification of gases emitted from various industrial processes to minimize air pollution and comply with environmental regulations. It encompasses technologies and systems designed to control, capture, and treat harmful gases, volatile organic compounds (VOCs), and particulate matter before their release into the atmosphere. Here's an overview of the waste gas treatment market:
The Waste Gas Treatment Market is valued at USD 13.7 Billion in 2022. The market is expected to reach USD 21.09 Million by 2030.
Market Overview
Types of Waste Gas Treatment Technologies
Air Pollution Control Systems: Includes various technologies such as scrubbers, electrostatic precipitators, and fabric filters to remove particulate matter and pollutants from exhaust gases.
Gas Scrubbing Systems: Utilizes chemical scrubbing agents or water to absorb and neutralize acidic or alkaline gases such as sulfur dioxide (SO2), hydrogen sulfide (H2S), and ammonia (NH3).
Adsorption Systems: Employs adsorbent materials like activated carbon or zeolites to capture and remove VOCs and odorous compounds from gas streams.
Catalytic Converters: Catalyzes chemical reactions to convert harmful gases like nitrogen oxides (NOx) and carbon monoxide (CO) into less harmful substances.
Thermal Oxidation Systems: Uses high temperatures to thermally decompose organic pollutants and VOCs into carbon dioxide (CO2) and water vapor.
Market Drivers
Environmental Regulations: Stringent air quality standards and emission regulations requiring industries to invest in pollution control and abatement technologies.
Health and Safety Concerns: Growing awareness of the health risks associated with air pollution and industrial emissions, driving demand for waste gas treatment solutions.
Industrial Growth: Expansion of industries such as chemical manufacturing, petroleum refining, and power generation leading to increased emissions and the need for pollution control measures.
Technological Advancements: Development of advanced waste gas treatment technologies, including improved scrubbing systems, catalytic converters, and filtration methods.
Corporate Sustainability Initiatives: Companies adopting sustainable practices and reducing their environmental footprint by investing in emission control and pollution prevention measures.
Market Restraints
High Capital Costs: Initial investment required for installing waste gas treatment systems can be substantial, particularly for large-scale industrial facilities.
Operational Costs: Ongoing operational and maintenance costs, including energy consumption, replacement of consumables, and compliance monitoring.
Complexity and Technical Challenges: Some waste gas treatment technologies are complex to design, operate, and maintain, requiring skilled personnel and expertise.
Regulatory Uncertainty: Changes in environmental regulations, emission standards, and compliance requirements can impact investment decisions and market dynamics.
Market Fragmentation: Presence of numerous technology providers and competing solutions leading to market fragmentation and pricing pressures.
Regional Analysis
North America: Mature market with stringent environmental regulations driving the adoption of waste gas treatment technologies. Strong demand from industries such as petrochemicals, refineries, and power generation.
Europe: Leading region in terms of regulatory compliance and adoption of advanced pollution control measures. Focus on reducing greenhouse gas emissions and promoting clean energy technologies.
Asia-Pacific: Fastest-growing market due to rapid industrialization, urbanization, and increasing regulatory scrutiny of air quality. Rising demand for waste gas treatment solutions in countries like China, India, and Japan.
Latin America: Emerging market with increasing awareness of environmental issues and tightening regulations on air pollution. Growth opportunities in industries such as mining, manufacturing, and oil & gas.
Middle East and Africa: Growing industrialization and infrastructure development driving the need for waste gas treatment solutions. Focus on reducing emissions from oil refineries, petrochemical plants, and power generation facilities.
Key Players
Babcock & Wilcox Enterprises, Inc., DuPont de Nemours, Inc., Mitsubishi Hitachi Power Systems, Ltd., John Wood Group PLC, Catalytic Products International, Inc., Anguil Environmental Systems, Inc., Dürr AG, CECO Environmental Corp., Thermax Limited, Amec Foster Wheeler plc
Conclusion
The waste gas treatment market is driven by regulatory compliance, health concerns, industrial growth, and technological advancements. However, challenges such as high costs, technical complexity, and regulatory uncertainty need to be addressed for sustained market growth. Regional differences in regulations, industrial activities, and market dynamics influence the demand for waste gas treatment solutions. Collaboration among stakeholders, innovation in technology, and proactive environmental management are essential for achieving air quality improvements and mitigating the impacts of industrial emissions.
| Report AttributesA2:B10+A2:B12A2:B10A2:B9B8A2:B11A2:B8 | Details |
| Study Period | 2023 to 2033 |
| Base Year | 2023 |
| FORECAST PERIOD | 2024-2030 |
| HISTORICAL PERIOD | 2020-2023 |
| UNIT | Value (USD Billion) |
| KEY COMPANIES PROFILED | • General Electric Company • Mitsubishi Hitachi Power Systems Ltd. • Babcock & Wilcox Enterprises Inc. • DuPont de Nemours Inc. • Thermax Limited • Dürr AG • BASF SE • John Wood Group PLC • Catalytic Products International (CPI) • Anguil Environmental Systems Inc. • AECOM • Suez SA • Siemens AG • Tetra Tech Inc. • Ecolab Inc. • Others |
| SEGMENTS COVERED | By Type, By Application, and By Geography |
| CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
Waste Gas Treatment Market Segments
By Type
· Absorption Equipment
· Adsorption Equipment
· Combustion
· Catalytic Equipment
· Others
By Applications
· Power Industry
· Steel Industry
· Chemical Industry
· Others
Waste Gas Treatment Market Players
· General Electric Company
· Mitsubishi Hitachi Power Systems Ltd.
· Babcock & Wilcox Enterprises Inc.
· DuPont de Nemours Inc.
· Thermax Limited
· Dürr AG
· BASF SE
· John Wood Group PLC
· Catalytic Products International (CPI)
· Anguil Environmental Systems Inc.
· AECOM
· Suez SA
· Siemens AG
· Tetra Tech Inc.
· Ecolab Inc.
· Others
Table of Contents
Chapter 1. Preface
1.1 Report Description and Scope
1.2 Research scope
1.3 Research methodology
1.3.1 Market Research Type
1.3.2 Market Research Methodology
Chapter 2. Executive Summary
2.1 Global Waste Gas Treatment Market, (2024 – 2033) (USD Million)
2.2 Global Waste Gas Treatment Market: snapshot
Chapter 3. Global Waste Gas Treatment Market – Industry Analysis
3.1 Waste Gas Treatment Market: Market Dynamics
3.2 Market Drivers
3.2.1 Stringent Environmental Regulations
3.2.2 Industrial Growth and Urbanization
3.2.3 Technological Advancements
3.2.4 Growing Public Awareness and Health Concerns
3.2.5 Circular Economy Practices
3.2.6 Market Expansion in Developing Regions
3.2.7 Digitalization and Remote Monitoring.
3.3 Market Restraints
3.4 Market Opportunities
3.5 Market Challenges
3.6 Porter’s Five Forces Analysis
3.7 Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Type
3.7.2 Market Attractiveness Analysis By Applications
Chapter 4. Global Waste Gas Treatment Market- Competitive Landscape
4.1 Company market share analysis
4.1.1 Global Waste Gas Treatment Market: Company Market Share, 2022
4.2 Strategic development
4.2.1 Acquisitions & mergers
4.2.2 New Product launches
4.2.3 Agreements, partnerships, collaboration, and joint ventures
4.2.4 Research and development and Regional expansion
4.3 Price trend analysis
Chapter 5. Global Waste Gas Treatment Market – Type Analysis
5.1 Global Waste Gas Treatment Market Overview: By Type
5.1.1 Global Waste Gas Treatment Market Share, By Type, 2022 and – 2033
5.2 Absorption Equipment
5.2.1 Global Waste Gas Treatment Market by Absorption Equipment, 2024 – 2033 (USD Million)
5.3 Adsorption Equipment
5.3.1 Global Waste Gas Treatment Market by Adsorption Equipment, 2024 – 2033 (USD Million)
5.4 Combustion
5.4.1 Global Waste Gas Treatment Market by Combustion, 2024 – 2033 (USD Million)
5.5 Catalytic Equipment
5.5.1 Global Waste Gas Treatment Market by Catalytic Equipment, 2024 – 2033 (USD Million)
5.6 Others
5.6.1 Global Waste Gas Treatment Market by Others, 2024 – 2033 (USD Million)
Chapter 6. Global Waste Gas Treatment Market – Applications Analysis
6.1 Global Waste Gas Treatment Market Overview: By Applications
6.1.1 Global Waste Gas Treatment Market Share, By Applications, 2022 and – 2033
6.2 Power Industry
6.2.1 Global Waste Gas Treatment Market by Power Industry, 2024 – 2033 (USD Million)
6.3 Steel Industry
6.3.1 Global Waste Gas Treatment Market by Steel Industry, 2024 – 2033 (USD Million)
6.4 Chemical Industry
6.4.1 Global Waste Gas Treatment Market by Chemical Industry, 2024 – 2033 (USD Million)
6.5 Others
6.5.1 Global Waste Gas Treatment Market by Others, 2024 – 2033 (USD Million)
Chapter 7. Waste Gas Treatment Market – Regional Analysis
7.1 Global Waste Gas Treatment Market Regional Overview
7.2 Global Waste Gas Treatment Market Share, by Region, 2022 & – 2033 (USD Million)
7.3. North America
7.3.1 North America Waste Gas Treatment Market, 2024 – 2033 (USD Million)
7.3.1.1 North America Waste Gas Treatment Market, by Country, 2024 – 2033 (USD Million)
7.4 North America Waste Gas Treatment Market, by Type, 2024 – 2033
7.4.1 North America Waste Gas Treatment Market, by Type, 2024 – 2033 (USD Million)
7.5 North America Waste Gas Treatment Market, by Applications, 2024 – 2033
7.5.1 North America Waste Gas Treatment Market, by Applications, 2024 – 2033 (USD Million)
7.6. Europe
7.6.1 Europe Waste Gas Treatment Market, 2024 – 2033 (USD Million)
7.6.1.1 Europe Waste Gas Treatment Market, by Country, 2024 – 2033 (USD Million)
7.7 Europe Waste Gas Treatment Market, by Type, 2024 – 2033
7.7.1 Europe Waste Gas Treatment Market, by Type, 2024 – 2033 (USD Million)
7.8 Europe Waste Gas Treatment Market, by Applications, 2024 – 2033
7.8.1 Europe Waste Gas Treatment Market, by Applications, 2024 – 2033 (USD Million)
7.9. Asia Pacific
7.9.1 Asia Pacific Waste Gas Treatment Market, 2024 – 2033 (USD Million)
7.9.1.1 Asia Pacific Waste Gas Treatment Market, by Country, 2024 – 2033 (USD Million)
7.10 Asia Pacific Waste Gas Treatment Market, by Type, 2024 – 2033
7.10.1 Asia Pacific Waste Gas Treatment Market, by Type, 2024 – 2033 (USD Million)
7.11 Asia Pacific Waste Gas Treatment Market, by Applications, 2024 – 2033
7.11.1 Asia Pacific Waste Gas Treatment Market, by Applications, 2024 – 2033 (USD Million)
7.12. Latin America
7.12.1 Latin America Waste Gas Treatment Market, 2024 – 2033 (USD Million)
7.12.1.1 Latin America Waste Gas Treatment Market, by Country, 2024 – 2033 (USD Million)
7.13 Latin America Waste Gas Treatment Market, by Type, 2024 – 2033
7.13.1 Latin America Waste Gas Treatment Market, by Type, 2024 – 2033 (USD Million)
7.14 Latin America Waste Gas Treatment Market, by Applications, 2024 – 2033
7.14.1 Latin America Waste Gas Treatment Market, by Applications, 2024 – 2033 (USD Million)
7.15. The Middle East and Africa
7.15.1 The Middle-East and Africa Waste Gas Treatment Market, 2024 – 2033 (USD Million)
7.15.1.1 The Middle-East and Africa Waste Gas Treatment Market, by Country, 2024 – 2033 (USD Million)
7.16 The Middle-East and Africa Waste Gas Treatment Market, by Type, 2024 – 2033
7.16.1 The Middle-East and Africa Waste Gas Treatment Market, by Type, 2024 – 2033 (USD Million)
7.17 The Middle-East and Africa Waste Gas Treatment Market, by Applications, 2024 – 2033
7.17.1 The Middle-East and Africa Waste Gas Treatment Market, by Applications, 2024 – 2033 (USD Million)
Chapter 8. Company Profiles
8.1 General Electric Company
8.1.1 Overview
8.1.2 Financials
8.1.3 Product Portfolio
8.1.4 Business Strategy
8.1.5 Recent Developments
8.2 Mitsubishi Hitachi Power Systems Ltd.
8.2.1 Overview
8.2.2 Financials
8.2.3 Product Portfolio
8.2.4 Business Strategy
8.2.5 Recent Developments
8.3 Babcock & Wilcox Enterprises Inc.
8.3.1 Overview
8.3.2 Financials
8.3.3 Product Portfolio
8.3.4 Business Strategy
8.3.5 Recent Developments
8.4 DuPont de Nemours Inc.
8.4.1 Overview
8.4.2 Financials
8.4.3 Product Portfolio
8.4.4 Business Strategy
8.4.5 Recent Developments
8.5 Thermax Limited
8.5.1 Overview
8.5.2 Financials
8.5.3 Product Portfolio
8.5.4 Business Strategy
8.5.5 Recent Developments
8.6 Dürr AG
8.6.1 Overview
8.6.2 Financials
8.6.3 Product Portfolio
8.6.4 Business Strategy
8.6.5 Recent Developments
8.7 BASF SE
8.7.1 Overview
8.7.2 Financials
8.7.3 Product Portfolio
8.7.4 Business Strategy
8.7.5 Recent Developments
8.8 John Wood Group PLC
8.8.1 Overview
8.8.2 Financials
8.8.3 Product Portfolio
8.8.4 Business Strategy
8.8.5 Recent Developments
8.9 Catalytic Products International (CPI)
8.9.1 Overview
8.9.2 Financials
8.9.3 Product Portfolio
8.9.4 Business Strategy
8.9.5 Recent Developments
8.10 Anguil Environmental Systems Inc.
8.10.1 Overview
8.10.2 Financials
8.10.3 Product Portfolio
8.10.4 Business Strategy
8.10.5 Recent Developments
8.11 AECOM
8.11.1 Overview
8.11.2 Financials
8.11.3 Product Portfolio
8.11.4 Business Strategy
8.11.5 Recent Developments
8.12 Suez SA
8.12.1 Overview
8.12.2 Financials
8.12.3 Product Portfolio
8.12.4 Business Strategy
8.12.5 Recent Developments
8.13 Siemens AG
8.13.1 Overview
8.13.2 Financials
8.13.3 Product Portfolio
8.13.4 Business Strategy
8.13.5 Recent Developments
8.14 Tetra Tech Inc.
8.14.1 Overview
8.14.2 Financials
8.14.3 Product Portfolio
8.14.4 Business Strategy
8.14.5 Recent Developments
8.15 Ecolab Inc.
8.15.1 Overview
8.15.2 Financials
8.15.3 Product Portfolio
8.15.4 Business Strategy
8.15.5 Recent Developments
8.16 Others.
8.16.1 Overview
8.16.2 Financials
8.16.3 Product Portfolio
8.16.4 Business Strategy
8.16.5 Recent Developments
Waste Gas Treatment Market Segments
By Type
· Absorption Equipment
· Adsorption Equipment
· Combustion
· Catalytic Equipment
· Others
By Applications
· Power Industry
· Steel Industry
· Chemical Industry
· Others
Waste Gas Treatment Market Players
· General Electric Company
· Mitsubishi Hitachi Power Systems Ltd.
· Babcock & Wilcox Enterprises Inc.
· DuPont de Nemours Inc.
· Thermax Limited
· Dürr AG
· BASF SE
· John Wood Group PLC
· Catalytic Products International (CPI)
· Anguil Environmental Systems Inc.
· AECOM
· Suez SA
· Siemens AG
· Tetra Tech Inc.
· Ecolab Inc.
Others
