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Analysis of Middle East Air Pollution Control Equipment Market
Frost & Sullivan, Dec 2009, Pages: 67
This research service focuses on Industrial Air Pollution Control Equipment's which are widely used in industrial sectors like oil & gas, metals & minerals, power & water, and cement industry. The market for air pollution control equipment is at developmental stage which has seen subdued activity due to the financial crisis. It is expected that the demand for air pollution control equipment will rise post 2010, but the cement Industry might not put up the desired results especially after the recent downturn in the real estate sector of Dubai. This research service also covers in brief about the regulatory structure and the legislative environment prevalent in the Middle East countries.
This Frost & Sullivan research service titled Analysis of Middle East Air Pollution Control Equipment Market provides an in-depth analysis of market contours, industry structure, and competitive environment besides dealing with the challenges and issues faced by market participants. In this research, Frost & Sullivan's expert analysts thoroughly examine the industrial air pollution control equipment market for Middle East countries.
Market Overview
Changing Regulatory Environment Spearheads Growth in the Middle East Air Pollution Control Equipment Market
The Middle East air pollution control equipment (APC) market offers significant potential post 2010 with ongoing projects in the cement, metals, desalination, petrochemicals, and power sectors. The cement industry and the infrastructure sector have seen subdued activity after 2008, mainly because of the financial turmoil. However the business climate is gradually changing and rapid growth is anticipated after 2010. High-level urbanization is leading to rapid industrialization, causing escalating concern over its effects on the environment. Newer regulations, guidelines, and legislations are on the anvil to curb air pollution in the Middle East. These norms are expected to match international standards on various parameters and bode well for the APC equipment market. 'In 2009, the market for APC equipment in the Middle East stood at $103.4 million. Saudi Arabia is the largest market, accounting for 48.4 percent of the total regional market, while the UAE is the second largest,' notes the analyst of this research service. 'The market is likely to grow at a compound annual growth rate of 8.44 percent from 2009 to 2014.'
Another prominent factor spearheading market growth is the demand upswing for retrofit equipment due to the ageing installed base in many industries. Most of the installed power plants in the region are already more than thirty years old. Implementation of more stringent legislations will trigger high demand for retrofit systems as companies strive to fall in line with the new standards.
Inefficient Business Environment and Transition to High-efficiency Fuels Impede Market Development
Companies contemplating investments in various Arab countries have found that information on the amount and type of pollution from each country is inadequate. Besides, there is a lack of detailed and reliable information on cleaner production and energy efficiency options for different industries. For these reasons, investors have turned away from this region. The phasing out of coal and oil for power production and the use of highly efficient gas-fired combined cycle power plants will hamper the momentum of the APC market in the future. Further, countries in the Middle East are gravitating toward pollution-free power generation technologies, including wind power generation. The weak socio-political environment too has reined in market progression. The complex maze of regulations, legislations, licensing, and other institutional obstacles have thrown a spanner in the works for manufacturers of APC equipment. Uncertainties concerning local currency and politics have added another dimension to the problem.
To ensure business progression, suppliers must be alert to the specific situations prevalent as levels of market development and potential for growth vary in each country. Technological development and accompanying revenues are other varying factors that must be taken into account. Participants in this space must have a potent business development strategy in place to move prospects forward. 'Overseas manufacturers can cash in on the low tariffs on imports and tax incentives offered,' says the analyst. 'However, they will have to meet the overwhelming after-sales service and maintenance requirements.' Chinese manufacturers provide cheaper emission trapping equipment and overseas companies must address the issue. Companies that can introduce better technology and provide cost-effective solutions will gain the edge in this market.
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
By End-user Vertical:
- Oil and gas
- Petrochemical
- Power and water
- Cement
- Metals
- Steel
By Equipment Type:
- Electrostatic precipitator
- Bag filter
- Flue gas
- Desulfurizer
- Scrubbers
- Selective catalytic reduction
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