Air pollution is no longer a threat that can be ignored and only way to put a check to the rising levels of pollution across cities in India is to balance growth aspirations with concerted pollutions control initiatives. Industrial air pollutants are generated at every stage of the industrial process, including the gathering of the raw materials, manufacturing of final products, maintenance & repairs, distribution, etc. Hence, the air pollution control equipment market is projected to grow at an impressive rate over the next five years. The growing economy is driving the industrial output, which, in turn, is raising the pollution level, especially in the developing economies because of poor stringent emission control regulations coupled with low awareness about the pollution.
There are a few key sectors like thermal power, cement, and iron& steel that undertake more than 90 percent of all capital expenditure on air pollution control; this CAPEX is also a larger percentage of total CAPEX Of the unit for these industries. Currently, large industrial units in India spend between USD 2.7 billion and USD 4.03 billion each year on APCE systems. On the other hand, capital investment on air pollution in the MSME and waste management sector is marginal compared to heavy industry – between USD 42 million and USD 104 million annually. This reveals that, although widespread across the country and prominent emitters of hazardous particulate matter, medium and small industrial units undertake less than 1 percent of total industrial investment on APCE, and allocate negligible capital budgets for air pollution control. This needs to change going forward and the onus lies on air pollution control equipment manufacturers.
We studied this industry segment in-depth and have come up with the list of 10 Most Promising Air Pollution Control Equipment Manufacturers who have excelled in this field with their innovative approach. Having proven their dedication to quality and end-to-end addressal of customer requirements, these companies have stood out from the crowd.
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