Odor Control System Market Worth $7.6 Billion By 2027

The global odor control system market size is estimated to reach USD 7.6 billion by 2027, expanding at a CAGR of 5.4%, according to a study conducted by Grand View Research, Inc. The increase in toxic pollutants from end-use industries is anticipated to drive the market. The end-use industries such as power and energy, cement manufacturing, and chemical and petrochemical emit various types of toxic pollutants. Thus, reducing these exhaust gases, which cause malodor in the surrounding environment, is highly necessary. Therefore, odor control systems provide solutions for the treatment of the gases and pollutants and eliminate the malodor in the surrounding.

The activated carbon odor control system is expected to generate significant revenue over the forecast period. It is preferred by the end-use industries owing to its low cost and less power consumption. Moreover, additional benefit such as high efficiency in removing foul smell from the manufacturing facilities is further anticipated to generate the demand.

The power and energy segment dominated the market and accounted for revenue share of more than 26% in 2019. This is attributed to increasing volume of harmful gases coming out from power and energy plants established across the globe. When biogas and fossil fuels are burned in power and energy plants, gases including Carbon Dioxide (CO2), Sulfur Dioxide (SO2), and Nitrogen Oxide (NOx) get generated. Combination of these gases spreads malodor in the surrounding environment, thereby driving the market.

The market is characterized by intense competition, owing to the presence of a large number of industry participants. Thus, the key players in the market are focusing on developing cost-effective products to gain a competitive edge in the market. The major players operating in the market include Advanced Air Technologies; Catalytic Products International; Durr Systems, Inc.; and Evoqua Water Technologies LLC.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/odor-control-system-market

Further key findings from the report suggest:

The activated carbon odor control system segment held the largest market share in 2019. The high share is attributed to high malodor removal efficiency and low power usage
The biological odor control system segment is projected to witness substantial growth over the forecast period owing to low maintenance cost associated with the technology
The chemical and petrochemical segment is estimated to witness a significant CAGR of over 7.5% during the forecast period owing to emission of toxic pollutants in the form of gas, which results in malodor in the surrounding
Asia Pacific held the largest revenue share exceeding 45.0% in 2019 and is anticipated to witness a CAGR of over 6.5% over the forecast period. This share is attributed to rapid industrialization and increasing demand for power and energy in the region.

Industrial Air Filtration Market Worth $18.0 Billion By 2027

The global industrial air filtration market size is expected to reach USD 18.0 billion by 2027, growing at a CAGR of 7.3% over the forecast period, according to a study conducted by Grand View Research, Inc. The growing demand for high-performing and energy-efficient products is expected to catapult the demand over the forecast period. Technological advancements have resulted in the manufacturing of a new filter media to meet the demand for energy-efficient products. This, in turn, has instigated the development of innovative raw materials such as small fibers and is further anticipated to provide new avenues for industry growth.

Soaring electricity consumption has led to the development of new power generation plants, which is expected to be a key factor driving the market for industrial air filtration. Furthermore, implementation of stringent government regulations in order to protect human health by limiting or eliminating airborne pollutant concentrations will further aid in catapulting the market. Enforcement of Occupational Safety and Health Act (OSHA) code is the key factor anticipated to drive the market for industrial air filtration. The OSHA standards prohibit companies from retaliating against employees for exercising their rights under the law.

Companies across the globe are turning towards sustainable alternatives and methodologies such as green manufacturing in order to improve competitive advantage and increase revenues. Similarly, governments across the globe are collaborating with numerous environmental organizations for developing standards to control harmful emissions in the region. These standards have contributed to the expansion of the market for industrial air filtration across regions.

However, lack of social responsibility and awareness may also pose a challenge to market growth. End use industries often lack their responsibility towards society and refuse to spend extra capital investment for installing an air pollution control devices, which is expected to hamper product demand over the next few years. Equipment purchase decisions are often based on the purchase price of the air filtration equipment, which is further expected to pose as a challenge to the market for industrial air filtration.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/industrial-air-filtration-market

Further key findings from the report suggest:

The dry scrubbers segment is expected to witness a CAGR exceeding 7.5% over the forecast period. Dry scrubbers generate minimal waste leading to the elimination of complex sanctioning procedure along with plummeting capital and operating costs
The demand for air filters in the power segment accounted for over 19% of the global industrial air filtration market in 2019 and the segment is expected to witness a steady growth over the next seven years, as this industry has to comply with several government regulations including Environmental Protection Agency (EPA) and OSHA standards
Asia Pacific accounted for over 25% of the overall revenue in 2019 and is expected to witness substantial growth over the forecast period, which is accredited to high penetration of these products across the metal and plastic industry coupled with increased R&D spending in the Asia Pacific food and beverage industry
Key players, such as Honeywell International, Inc., MANN+HUMMEL, Daikin Industries, Ltd., Clean TeQ Holdings Limited, 3M, and SPX Corporation, enhanced their market position through mergers and acquisitions in order to expand their geographical reach.

Europe Industrial Air Filtration Market Size Worth $4.61 Billion By 2027

The Europe industrial air filtration market size is expected to reach USD 4.61 billion by 2027, expanding at a CAGR of 6.5% from 2020 to 2027, according to a study conducted by Grand View Research, Inc. Stringent government regulations, intense competition among key players, technological advancements, and the development of cost-effective filtration solutions is expected to positively impact the growth. Furthermore, factors such as increased investments in industrial applications, stricter environmental constraints along with environment awareness are also anticipated to fuel the market growth.

The market is expected to witness significant growth on account of stringent government regulations in the European Union (EU). The market for industrial air filtration in Europe is expected to be primarily driven by the enforcement of occupational health and safety regulations. Favorable government regulations create and drive the demand for products that help limit emissions. The Directive on Integrated Pollution Prevention and Control (IPPC) along with several sectoral directives on large combustions plants set emission limit values (ELVs) designed to deliver reductions in anthropogenic emissions to air from industrial sources. Furthermore, the formulation of EN 779:2011, a European standard for particulate air filters is also expected to fuel the demand over the forecast period. The new standard will help eliminate several issues related to synthetic filters and filter performance.

Financial drivers may also play a key role in incentivizing end users to enhance manufacturing performance and reduce costs. The key requirement of the IPPC Directive is the application of Best Available Techniques (BAT). The main objective of this policy is to stimulate the diffusion of several advanced environmental technologies across diverse industries. This objective is achieved through the BREF process that defines techniques as being BAT and at the same time outlines BAT emission levels for use across the EU.

Surging demand for products that deliver high-performance and improved efficiency, while at the same time reduce energy consumption, is also expected to favorably impact the regional growth over the forecast period. High efficiency is a key requirement for any industrial air filtration system. Additionally, filter media performance is also crucial in any industrial air filtration system, and therefore, manufacturers emphasize on developing more efficient solutions without compromising on other filtration requirements.

The emergence of new raw materials including, small fibers coupled with advancements in the non-woven technology is expected to offer avenues for the market growth over the forecast period. Owing to this, manufacturers are taking R&D initiatives to innovate in the field of nanotechnology and small fibers. However, high cost of materials is expected to hinder the market growth.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/europe-industrial-air-filtration-market

Further key findings from the report suggest:

HEPA filters are projected to expand at a CAGR of over 7.2% over the forecast period. This upsurge is attributed to its technical benefits such as greater machine availability and reliability, maintenance of high initial power output, improved efficiency, increased component life, zero production downtime, and lower emissions
Oil mist collectors are also expected to exhibit significant penetration and growth over the next few years. This can be attributed to increasing applications across the food and beverage and metal processing industry. Their ability to eliminate any air-borne contaminants and improving the food quality as well as safety is also expected to power the segment growth
Food end-use segment is expected to expand at a CAGR of over 8% from 202 to 2027. Stringent sanitary regulations, cross contamination, and/or food handling regulations, are some of the factors expected to favourably impact the growth

Stretch And Shrink Film Market Size Worth $21.72 Billion By 2027

The global stretch and shrink film market size is expected to reach USD 21.72 billion by 2027, exhibiting a CAGR of 5.5% during the forecast period, according to a new report published by Grand View Research, Inc. Rising demand for lightweight material for industrial packaging is expected to drive the growth. Factors such as superior packaging properties, such as improved printability, easier application, and robust package sealing capabilities of the films are anticipated to further fuel the growth.

The introduction of superior shrink and stretch film materials, such as linear low-density polyethylene (LLDPE), extended polyethylene (EPE), and high-density polyethylene (HDPE) is expected to further strengthen the pallet holding abilities of the films. In addition, the development of bio-degradable stretch and shrink films by leading manufacturers in a bid to counter the challenges of film disposal is expected to drive the demand. The light weight of the product results in a substantial decrease in the transportation cost thereby elevating the profit margins, resulting in the higher adoption of such packaging materials by the leading end-use industries.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/stretch-and-shrink-films-market

Further key findings from the report suggest:

LLDPE is expected to witness robust CAGR of over 5.1% from 2020 to 2027. The demand was driven by superior pallet unitization characteristics of LLDPE shrink films. The LLDPE resin-based stretch films are expected witness rise in demand owing to the increased damage resistance during product transportation
Stretch and shrink film is expected to register highest CAGR of more than 5.5% from 2020 to 2027. The growth is expected to be driven by increasing demand for hoods in industrial packaging and consumer goods packaging. Also, ease of packaging achieved by these hoods are is expected to drive the demand
Sleeves and labels is expected to witness robust growth on account of rising demand for the product in beverage industry. Also, easier product marketing and branding owing to the ease of application of the labels onto the bottle is expected to attract major beverage manufacturers towards the product segment
Food and beverages application accounted for 41.95% of overall revenue share in 2019, driven by the increasing demand for high strength, low weight packaging materials. In addition, ease of packaging material sterilization is expected to drive the demand in food packaging
Asia Pacific was valued at over USD 5.97 billion in 2019 owing to rapid growth of the application industries such as food and beverage and consumer goods
In addition, growing import and export activities by the developing economies, such as India and China are expected to drive the demand for low weight packaging material for pallet unitization of industrial goods
Major key players operating in the stretch and shrink film market are Dow, Bemis, and LyondellBasell.

Odor Control System Market Worth $7.6 Billion By 2027

Click the link below:
https://www.grandviewresearch.com/industry-analysis/odor-control-system-market

Further key findings from the study suggest:

The activated carbon odor control system segment held the largest market share in 2019. The high share is attributed to high malodor removal efficiency and low power usage
The biological odor control system segment is projected to witness substantial growth over the forecast period owing to low maintenance cost associated with the technology
The chemical and petrochemical segment is estimated to witness a significant CAGR of over 7.5% during the forecast period owing to emission of toxic pollutants in the form of gas, which results in malodor in the surrounding
Asia Pacific held the largest revenue share exceeding 45.0% in 2019 and is anticipated to witness a CAGR of over 6.5% over the forecast period. This share is attributed to rapid industrialization and increasing demand for power and energy in the region.

Active Calcium Silicate Market Size Worth $203.0 Million By 2025

Active calcium silicate market is primarily driven by robust growth in the construction industry. The construction segment is one that has found rapid growth in the developing and underdeveloped economies, while also growing steadily in the developed ones. Construction spending in the United States crossed USD 1.29 trillion in 2018, while the global construction costs as a whole, are expected to rise on an average by 4.3% in coming years. The compound has a wide application scope owing to its dynamic nature, and it is extensively utilized in the manufacturing of acoustic tiles and wallboards to provide sound proofing and protect from fire.

Active calcium silicate is a poly-silicate compound that is produced by making use of various raw materials such as limestone, sodium silicate and hydrochloric acid. It is used in various application segments, on account of its desirable technical properties such as sound absorption and high-temperature resistance. It is widely available in the form of blocks, powder, and boards. Active calcium silicate is a safer alternative to asbestos in high temperature insulation applications. The key application segments include ceramics, fire protection, cement, paints & coatings, and insulation.

Construction Sector – A Major Customer

Increasing government spending on industrial, commercial, and residential construction development has positively impacted the global market growth of active calcium silicate. It is widely utilized in various application segments owing to its characteristics such as excellent adhesion, intumescence, and fire resistance. The construction industry needs to follow the regulatory standards that are implemented by regulatory bodies like OSHA and NIOSH, which ask for builders to implement additional security features in buildings.

Residential building fires are still a major cause of death in the United States. According to 2018 FEMA data, an estimated 379,600 residential fires took place in the country that year, which resulted in close to 2,800 deaths. Moreover, such incidences also cause great financial losses, and this figure stood at 8.19 billion in 2018. As such, fire protection becomes a major task on hand for the authorities, and the desirable properties of active calcium silicate in combating such hazards has provided impetus to the market.

Market Scenario

Insulation segment dominated the global active calcium silicate market owing to increasing demand from high-temperature applications such as glass, petrochemical, and steel. In addition, it is widely used in oil refinery, building walls, blast furnace, and electric arc furnace in boards and blocks form. Use of active calcium silicate is also important in the ceramics sector, which is growing at a rapid pace on account of the emergence of 3D printing technology, as well as its application in dental implants.

Europe dominated the global market in terms of volume and revenue in 2016 and is expected to continue its domination over the years ahead. Europe is followed by Asia Pacific, which is expected to witness robust growth in the coming years, especially in the construction sector, with economies such as India and China leading the way in regional infrastructural development. The demand for active calcium silicate from various application segments is propelled by a positive outlook from construction industry owing to its importance in acoustic insulation, and presence of regulatory standards imposed by various regulatory bodies.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/active-calcium-silicate-market

Further key findings from the study suggest:

In January 2020, HIL Limited approved the sale of their calcium silicate insulation products division, with the brand ‘HYSIL’ to be transferred into the hands of Calderys India Refractories Limited. Calderys is a wholly-owned subsidiary of the France based multinational company Imerys S.A.
In November 2019, Johns Manville announced that it had signed an agreement that concerns the acquisition of ITW Insulation Systems, which is known for its premium, low-temperature polyisocyanurate foam insulations and metal jacketing solutions. The company has four manufacturing plants (2 each in U.S. and Canada). Through this acquisition, Johns Manville would be focusing on the cold and cryogenics market.
In September 2018, scientists at Rice University successfully developed micron-sized calcium silicate spheres which could possibly lead to stronger, greener concrete. This work built upon the previous project by the same team that developed self-healing materials with porous, microscopic calcium silicate spheres.

Electrostatic Precipitator Market Size Worth $14.97 Billion by 2025

The global electrostatic precipitator market size is projected to be valued at USD 14.97 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 3.3% over the forecast period. Rising consumer awareness, inclination towards healthy lifestyle, and rise in air pollution are expected to drive the market growth.

Rising adoption of air pollution control equipment, coupled with stringent government regulations, is expected to boost the global electrostatic precipitator market by 2025. Industrialization of energy and manufacturing industries is predicted to further enhance business growth over the forecast period.

Increasing investments and technological advancements are expected to encourage expansion of the market for electrostatic precipitator in the forthcoming years. Critical air pollution level caused by vehicles and industries coupled with high demand for pollution controlling equipment in developing countries such as India and China are anticipated to spur market growth over the forecast period.

The power generation segment is expected to expand at a CAGR of 4.2% over the forecast period. High dependency on electricity in automotive backed up with industrial automation is expected to boosts demand for power generation application in near future. Power generation industry has witnessed drastic change in processes as majority of the industrial players opted for renewable energy sources such as wind, natural gas, solar etc.

In terms of technology, the dry type electrostatic precipitator was valued at USD 9.66 billion in 2017 and is predicted to witness robust growth over the forecast period. High adoption coupled with government policies and regulations is projected to encourage market growth over the forecast period.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/electrostatic-precipitator-market

Further key findings from the report suggest:

The U.S. electrostatic precipitator market revenue is projected to expand at a 2.2% CAGR over the forecast period owing to stringent governmental policies along with rise in demand for air pollution control equipment
U.K., in terms of revenue, is projected to register a 1.8% CAGR over the forecast period
Growth in the India market can be attributed to rapid pace of industrialization, rising air pollution levels, and evolving regulatory framework.