The air pollution control system market in North America is anticipated to grow with a CAGR of about 4.06% during forecast period 2019- 2027. The market has been valued at $XX million in the year 2018 and is depicted to generate a revenue of about $XX million by 2027. The United States and Canada majorly contribute to regional market growth.
North America is among one of the leading regional markets for air pollution control systems. The North American region produces around xx% of the global greenhouse gas emission from power plants, which lead to an array of health and environmental problems. The major air polluting industrial segment in the North American region is the electric power industry, which emits around two-thirds of the regions industrial arsenic emissions. Also, chemical, pulp & paper, and cement are also a few of the key contributors to industrial air pollution in North America. The air pollution control systems market is dominated by large multinational companies which are present. The market is also price sensitive & experiences frequent price wars to gain a competitive advantage.
Some of the key companies profiled in the report, namely, Beltran Technologies Inc., Elex AG, Mitsubishi Hitachi Power Systems, Ltd., FLSmidth & Co. A/S, Fujian LongKing Co., Ltd., Zhejiang Feida Environmental Science & Technology Co. Ltd., S.A. Hamon, Thermax Global, Mutares AG, John Wood Group PLC, Southern Erectors, Inc., Siemens AG, Babcock & Wilcox Enterprises, Inc., and KC Cottrell Co., Ltd.