Air
Quality Control Systems (AQCS) are the systems which are used in
heavy energy producing industries such as oil and gas refineries and
coal based power plants to minimize the quantity of pollutants
produced by them during production operation. The AQCS market has
shown remarkable progress in recent years and is also showing
attractive market potential for the future. Demand for AQCS is
primarily increasing due to the rising demand of energy across the
globe. Asia Pacific has the dominating position in terms of market
share followed by North America and Europe.
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In
this report, the global AQCS market is segmented into two major
categories, on the basis of types i.e. selective catalytic reduction
systems (SCR), flue gas desulphurization systems (FGD), particle
control systems (PC), and mercury control systems (MC) and on the
basis of application into oil and gas and power plants. The AQCS
market is driven by factors such as the rising awareness among
consumers regarding pollution control and growing developments in
pollution control technologies. Government regulations and increasing
demand for innovative technologies will also act as drivers for the
AQCS market. Some of the factors inhibiting the growth of the AQCS
market are the increasing raw material prices. The global recession
has slowed funding for new projects. The fluctuating prices of
equipments will also hinder the growth of the market.
Some
of the key players in this market are Hitachi Power Systems America,
Siemens Energy, Mitsubishi, Alstom Power, Mc Dermott Technology Inc.,
Indigo Technologies, KBR U.S., CRI Catalyst Company, Sukriti
Engineers India, Marsulex, Guodian Longyuan, China Boqi, Trimer
Corporation, Ducon, MKS instruments, CormTech Inc., Indigo
Technologies, Hamon RC, Burns & Mcdonnell, Foster Wheeler, ADA
Environment Solutions, Schust Engineering Inc. and others.
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