An Incisive, In-depth Analysis on the Odour Control System Market
This study offers a comprehensive, 360 degree analysis on the Odour Control System market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Odour Control System market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Odour Control System Market - Key Research Findings
- The market value of global odour control system in 2019 is estimated at ~ US$ 1
- During the forecast period of 2019-2029, the odour control system market is anticipated to grow at a CAGR of ~5%.
- Adoption of odour control systems in chemical & petrochemical industry is likely to account for relatively high sales over the forecast period.
- The growth in demand for odour control systems in the chemical and petrochemical industry can be primarily attributed to their increasing usage in existing as well as new industrial plants.
- APEJ (Asia Pacific Excluding Japan) is anticipated to hold more than one third of the revenue shares in the odour control system market by the end of 2029.
- APEJ will continue to be an opportunistic market for odour control system manufacturers and distributors, owing to increasing industrial and infrastructure development.
- The odour control system market in Japan is also anticipated to grow at significant rate, complying with the stringent regulations imposed by the government for controlling odour emissions through industrial as well as municipal sectors.
- Growing concerns towards E-waste maanagement and waste recycling services across the globe are anticipated to drive growth in odour control system installations
Key Factors Shaping the Odour Control System Market
- Advanced Technologies Emerging as Product Differentiators among Manufacturers
Due to the growing integration of automation in industrial sector, the demand for cost-effective and advanced products is increasing, which is creating pressure on manufacturers to offer technologically advanced and unique product offerings. Noteworthy investments in research and development to develop unique technologies by manufacturers of equipment can be seen, which will help them differentiate their products in the market.
Manufacturers of odour control system are focusing on automated monitoring systems for consistent supervision and optimization of the performance of odour control systems.
- Inclination towards Hybrid Odour Control System
Most of the odour control systems work on the principal of chemical reaction or physical adsorption. However, these technologies are now getting inefficient to adhere the current regulations imposed by several countries and environmental organizations. Also, these technologies are feasible under certain conditions and can eliminate only a few specific compounds, which vary among industries and processes. This, in turn, has raised the need for developing systems, which are effective over a wide spectrum of odorous compounds. Complying with demands, several market players are developing systems, which use integrated technology working on dual or triple stages to eliminate all possible odorants. These systems are available in different combinations, which can be chemical- adsorption, adsorption-biological, and hybrid of all three, if required. This, in turn, is estimated to project significant opportunities in the global odour control system market.
- Environmental Concerns and Stringent Regulations
As the waste generation has turned out as one of the major point of concern affecting water, land, air and scenic quality, several countries are now emphasizing to craft environmental regimes for proper balance between industrial development and environmental impact. Waste to energy initiatives are being undertaken with utmost importnace across the globe in order to reduce carbon emissions and conserve environment. Countries such as China, India, Iran, Saudi Arabia, and others, which are suffering from intense air pollution are strategizing to control the air pollution by imposing stringent regulation and mandating installation of air quality monitoring systems at all new and existing potential emitters. Such initiatives by government are expected to fuel the demand for odour control systems in the above mentioned countries.
Odour Control System Market Structure Analysis
- The odour control system market is a moderately competitive market, globally.
- Strategies followed by key players in the odour control system market are business expansion by acquisitions and mergers, product launches, collaborations and alliances. Key market players focus on strategies such as product expansion and innovation through new dealership networks and collaborations.
- Noteworthy investments in research and development for novel and sturdy products are anticipated to boost the growth prospects of the odour control system market.
Key players in the odour control system market are Babcock & Wilcox Enterprises, Inc., CECO Environmental., Anguil Environmental Systems, Inc., Evoqua Water Technologies LLC, Scotmas Limited, Ecolab Inc., Tholander Ablufttechnik GmbH, etc.
Odour Control System Market Analysis 2019-2029
The demand for odour control systems is expected to reach a new high in the coming decade, as heightened odour issues due to odour pollution are likely to influence organizational operations and priorities across industries. Big companies are focusing on the way odour problems are monitored by adopting best practices in odour management. With increasing awareness about the negative impacts odour pollution on people’s lives and the need for odour extraction, leading companies are introducing hybrid odour control systems. Furthermore, biological odour control systems integrated with intelligent and high-tech features are also expected to witness high demand in the coming years.
A recent market study published by Future Market Insights on the odour control system market includes global industry analysis 2014-2018 & opportunity assessment 2019-2029, and delivers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on the historical as well as current growth parameters of the odour control system market, the growth prospects of the market are obtained with maximum precision.
Odour Control System Market: Segmentation
The global odour control system market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.
Chapter 01 – Executive Summary
The report initiates with the executive summary of the odour control system market, which includes a summary of key findings and statistics of the market. It also includes the demand-side & supply-side trends pertaining to the odour control system market.
Chapter 02 – Market Introduction
Readers can find the definition and a detailed segmentation of the odour control system market in this chapter, which will help them understand the basic information about the odour control system market. Along with this, a comprehensive information pertaining to odour control system and their properties are provided in this section. This section also highlights inclusions and exclusions, which help readers understand the scope of the odour control system market report.
Chapter 03 – Market Viewpoint
This section provides details about forecast factors and macro-economic factors and their impact on the odour control system market. It also includes details about opportunity opportunity analysis of the future. Readers can also find the absolute $ opportunity for the current year (2019), and an incremental $ opportunity for the forecast period (2019–2029). Along with this, pricing analysis of the odour control system market at the regional level has been provided in this section. This section also explains the global market volume analysis and forecast for the odour control system market between the forecast periods of 2019-2029.
Chapter 04 – Global Odour Control System Market Analysis Scenario 2014–2018 and Forecast 2019–2029
The market overview by market participants is included in this chapters along with pricing analysis, regulations and standards for the global odour control system market.
Chapter 05 – Global Odour Control System Market Analysis 2014-2018 & Opportunity Assessment 2019-2029, by Region
This chapter explains how the odour control system market will grow across various geographic regions such as North America, Latin America, Europe, APEJ, Japan and Middle East & Africa (MEA).
Chapter 06 – Global Odour Control System Market Analysis 2014-2018 & Opportunity Assessment 2019-2029, by System
Based on System, the odour control system market is segmented into physical odour control, chemical odour control, and biological odour control. In this chapter, readers can find information about the key trends and developments in the odour control system market and market attractiveness analysis based on system.
Chapter 07 – Global Odour Control System Market Analysis 2014-2018 & Opportunity Assessment 2019-2029, by Application
This chapter provides details about the odour control system market based on the product type, and has been classified into waste treatment facilities, food & beverages, pulp & paper, chemical & petrochemical, other industries. In this chapter, readers can understand the market attractiveness analysis based on application.
Chapter 08 – North America Odour Control System Market Analysis 2014-2018 & Opportunity Assessment 2019-2029
This chapter includes a detailed analysis of the growth of the North America odour control system market, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find the pricing analysis, regional trends, and market growth based on the application and countries in North America.
Chapter 09 – Latin America Odour Control System Market Analysis 2014-2018 & Opportunity Assessment 2019-2029
This chapter provides the growth scenario of the odour control system market in Latin American countries such as Brazil, Mexico and the Rest of Latin America. Along with this, an assessment of the market across target segments has been provided.
Chapter 10 – Europe Odour Control System Market Analysis 2014-2018 & Opportunity Assessment 2019-2029
Important growth prospects of the odour control system market based on its end users in several countries such as Germany, Italy, the U.K., France, Spain, BENELUX, Russia, Poland and the Rest of Europe are included in this chapter.
Chapter 11 – APEJ Odour Control System Market Analysis 2014-2018 & Opportunity Assessment 2019-2029
This chapter highlights the growth of the odour control system market in APEJ by focusing on China, India, ASEAN, ANZ and Rest of APEJ. This section also help readers understand the key factors that are responsible for the growth of the odour control system market in APEJ.
Chapter 12 – MEA Odour Control System Market Analysis 2014-2018 & Opportunity Assessment 2019-2029
This chapter provides information about how the odour control system market will grow in major countries in the MEA region such as GCC countries, Turkey and the Rest of MEA, during the forecast period of 2019-2029.
Chapter 13 – Japan Odour Control System Market Analysis 2014-2018 & Opportunity Assessment 2019-2029
This chapter highlights the growth of the odour control system market in Japan by the end of 2029. This section also help readers understand the key factors that are responsible for the growth of the odour control system market in Japan.
Chapter 14 – Competitive Landscape
This chapter provides tier structure of the market participants. This section also helps readers understand competition between key market players. In this chapter, readers can find a comprehensive list of all the prominent stakeholders in the odour control system market, along with a detailed information about each company that includes company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are Babcock & Wilcox Enterprises, Inc., CECO Environmental, ERG (Air Pollution Control) Ltd, Anguil Environmental Systems, Inc, Evoqua Water Technologies LLC, Ecolab Inc, Tholander Ablufttechnik GmbH among others
Chapter 15 – Research Methodology and Assumptions and Acronyms Used
This chapter help readers understand the research methodology followed to obtain various conclusions as well as important qualitative and quantitative information about the odour control system market. This chapter includes a list of acronyms and assumptions that provides a base to the information and statistics included in the odour control system market report.
Sources and Primary Research Splits (%):-
C - Level Executives
Business Development Officers
Raw Material Suppliers
Current Market Dynamics and Challenges
Market Performance and Growth Quadrants
Competition Structure and Market Structure
Strategic Growth Initiatives
Near-term and long-Term Market Growth Prospects
Market Segment Splits and Authenticity
Opinions on Market Projections and Validity of Assumptions
International Trade Association
Company Press Releases
Annual Reports and Investor Presentations
Government Websites and Publications