Product Code: ETC4495045 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India flue gas treatment systems market import shipments exhibited a robust growth trend from 2020 to 2024, with a notable CAGR of 48.1%. The market momentum accelerated further between 2023 and 2024, registering a growth rate of 61.1%. Overall, the market expanded significantly, showcasing strong upward trajectory and increasing demand during the period.
The flue gas treatment systems market in India has witnessed substantial growth due to increasing environmental concerns and stringent air quality regulations. Power plants, industrial facilities, and other sources of emissions are investing in flue gas treatment systems to reduce air pollution and comply with emission standards. The adoption of technologies such as electrostatic precipitators, bag filters, and flue gas desulfurization systems has gained momentum. This market`s expansion is a response to the government`s initiatives to improve air quality and reduce environmental impact.
The flue gas treatment systems market in India is driven by stringent environmental regulations and the need to reduce air pollution. Industries, especially power plants and manufacturing units, are investing in flue gas treatment systems to control emissions of pollutants like sulfur dioxide and nitrogen oxides. The emphasis on cleaner air and compliance with environmental standards is propelling the market.
The flue gas treatment systems market in India confronts several challenges, mainly related to the growing concerns over air pollution and environmental regulations. Meeting stringent emission standards requires the deployment of advanced flue gas treatment technologies, which can be costly to implement and maintain. The inconsistent enforcement of environmental regulations and the lack of a standardized framework across states in India pose additional challenges for the industry. Market participants must navigate complex regulatory landscapes while also addressing the need for continual innovation to improve the efficiency and sustainability of their systems. The availability of skilled manpower for the operation and maintenance of these systems is also a challenge, requiring investment in workforce development and training.
The flue gas treatment systems market was affected by a slowdown in industrial production during the pandemic. Reduced manufacturing activities led to decreased demand for air pollution control systems. As industrial production normalizes, the market is expected to recover.
Key Players in the market are DuPont Clean Technologies, Babcock & Wilcox, and Thermax Limited.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Flue Gas Treatment Systems Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Flue Gas Treatment Systems Market Revenues & Volume, 2021 & 2031F |
3.3 India Flue Gas Treatment Systems Market - Industry Life Cycle |
3.4 India Flue Gas Treatment Systems Market - Porter's Five Forces |
3.5 India Flue Gas Treatment Systems Market Revenues & Volume Share, By Pollutant Control System, 2021 & 2031F |
3.6 India Flue Gas Treatment Systems Market Revenues & Volume Share, By Business Type, 2021 & 2031F |
3.7 India Flue Gas Treatment Systems Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 India Flue Gas Treatment Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Stringent environmental regulations in India regarding air pollution control |
4.2.2 Increasing industrialization and urbanization leading to higher air pollution levels |
4.2.3 Growing awareness among industries about the benefits of flue gas treatment systems |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with installing flue gas treatment systems |
4.3.2 Lack of enforcement of environmental regulations in some regions |
4.3.3 Technological limitations in developing efficient and cost-effective treatment systems |
5 India Flue Gas Treatment Systems Market Trends |
6 India Flue Gas Treatment Systems Market, By Types |
6.1 India Flue Gas Treatment Systems Market, By Pollutant Control System |
6.1.1 Overview and Analysis |
6.1.2 India Flue Gas Treatment Systems Market Revenues & Volume, By Pollutant Control System, 2021-2031F |
6.1.3 India Flue Gas Treatment Systems Market Revenues & Volume, By Particulate Control, 2021-2031F |
6.1.4 India Flue Gas Treatment Systems Market Revenues & Volume, By FGD, 2021-2031F |
6.1.5 India Flue Gas Treatment Systems Market Revenues & Volume, By DeNOx, 2021-2031F |
6.1.6 India Flue Gas Treatment Systems Market Revenues & Volume, By Mercury Control, 2021-2031F |
6.2 India Flue Gas Treatment Systems Market, By Business Type |
6.2.1 Overview and Analysis |
6.2.2 India Flue Gas Treatment Systems Market Revenues & Volume, By System, 2021-2031F |
6.2.3 India Flue Gas Treatment Systems Market Revenues & Volume, By Service, 2021-2031F |
6.3 India Flue Gas Treatment Systems Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 India Flue Gas Treatment Systems Market Revenues & Volume, By Power, 2021-2031F |
6.3.3 India Flue Gas Treatment Systems Market Revenues & Volume, By Cement, 2021-2031F |
6.3.4 India Flue Gas Treatment Systems Market Revenues & Volume, By Iron & Steel, 2021-2031F |
7 India Flue Gas Treatment Systems Market Import-Export Trade Statistics |
7.1 India Flue Gas Treatment Systems Market Export to Major Countries |
7.2 India Flue Gas Treatment Systems Market Imports from Major Countries |
8 India Flue Gas Treatment Systems Market Key Performance Indicators |
8.1 Average reduction in emissions achieved by the implementation of flue gas treatment systems |
8.2 Percentage of industries complying with air pollution control regulations |
8.3 Adoption rate of advanced flue gas treatment technologies |
8.4 Number of new government policies supporting the adoption of flue gas treatment systems |
8.5 Rate of growth in the market for flue gas treatment system maintenance and services |
9 India Flue Gas Treatment Systems Market - Opportunity Assessment |
9.1 India Flue Gas Treatment Systems Market Opportunity Assessment, By Pollutant Control System, 2021 & 2031F |
9.2 India Flue Gas Treatment Systems Market Opportunity Assessment, By Business Type, 2021 & 2031F |
9.3 India Flue Gas Treatment Systems Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 India Flue Gas Treatment Systems Market - Competitive Landscape |
10.1 India Flue Gas Treatment Systems Market Revenue Share, By Companies, 2024 |
10.2 India Flue Gas Treatment Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |