The regenerative thermal oxidizer market in Asia Pacific was valued US$ 1.96 billion in 2019 and is projected to reach US$ 2.52 billion by 2027; it is expected to grow at a CAGR of 3.3% from 2020 to 2027. The growth of regenerative thermal oxidizer market is driven by stringent rules and norms imposed by several governments. Air pollution is a critical concern for every government across the globe. Attributing to this, the governments worldwide are actively emphasizing on the reduction of air pollution. Industrialization is a major cause of air pollution; however, industrialization also benefits the government in terms of GDP. Thus, the governments have been imposing stringent rules and norms to fight air pollution without reducing the count of manufacturing units.
The majority of the governments have enacted laws to preserve the environment and control air pollutions caused by industrial emission. These laws and regulations pressurized the manufacturers to capitalize on advanced technologies to reduce the quantity of emitted toxic substances and gasses. For instance, the Chinese government mandated that any construction of new industrial facilities that may affect the atmospheric environment must be preceded by environmental impact assessments and standards for the emission of atmospheric pollutants, and the total emission control requirements for key atmospheric pollutants must be met.
Based on type, the regenerative thermal oxidizer market is segmented into single bed RTO, double bed RTO, and triple bed RTO. In 2019, the double bed RTO segment held the largest share of Europe regenerative thermal oxidizer market. The double bed RTO design is widely used in the currently available system designs. When these designs are utilized in conjunction with a well-designed poppet valve, a 2-chamber ceramic media bed design system becomes more efficient and compact. In addition to design of double bed-bed, the RTO needs less materials and are integrally less expensive to manufacture. The double bed RTOs bypass the beds and produce vacuum spikes in the course of flow reversals. A few application arenas can tolerate lower VOC destruction efficiency of double bed RTO; nonetheless, it is becoming highly important and common to have greater VOC destruction. Thus, increasing usage of double bed RTO is significantly supporting the growth of regenerative thermal oxidizer market. Companies such as Alliance Corporation, Catalytic Products International, CECO Environmental, and PCA are among the providers of double bed RTOs.
The Asia Pacific regenerative thermal oxidizer market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the Asia Pacific regenerative thermal oxidizer market with respects to all the segments. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Asia Pacific regenerative thermal oxidizer market. A few of the players operating in the Asia Pacific regenerative thermal oxidizer market are Alliance Corporation, Anguil Environmental Systems, Inc., Filtrační technika spol. s r. o., Condorchem Envitech, Eisenmann SE, Shandong Baolan Environmental Protection Engineering Co., Ltd., Ship & Shore Environmental, Inc., Taikisha Ltd. and THE CMM GROUP, LLC.
Reasons to Buy
The majority of the governments have enacted laws to preserve the environment and control air pollutions caused by industrial emission. These laws and regulations pressurized the manufacturers to capitalize on advanced technologies to reduce the quantity of emitted toxic substances and gasses. For instance, the Chinese government mandated that any construction of new industrial facilities that may affect the atmospheric environment must be preceded by environmental impact assessments and standards for the emission of atmospheric pollutants, and the total emission control requirements for key atmospheric pollutants must be met.
Based on type, the regenerative thermal oxidizer market is segmented into single bed RTO, double bed RTO, and triple bed RTO. In 2019, the double bed RTO segment held the largest share of Europe regenerative thermal oxidizer market. The double bed RTO design is widely used in the currently available system designs. When these designs are utilized in conjunction with a well-designed poppet valve, a 2-chamber ceramic media bed design system becomes more efficient and compact. In addition to design of double bed-bed, the RTO needs less materials and are integrally less expensive to manufacture. The double bed RTOs bypass the beds and produce vacuum spikes in the course of flow reversals. A few application arenas can tolerate lower VOC destruction efficiency of double bed RTO; nonetheless, it is becoming highly important and common to have greater VOC destruction. Thus, increasing usage of double bed RTO is significantly supporting the growth of regenerative thermal oxidizer market. Companies such as Alliance Corporation, Catalytic Products International, CECO Environmental, and PCA are among the providers of double bed RTOs.
The Asia Pacific regenerative thermal oxidizer market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the Asia Pacific regenerative thermal oxidizer market with respects to all the segments. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Asia Pacific regenerative thermal oxidizer market. A few of the players operating in the Asia Pacific regenerative thermal oxidizer market are Alliance Corporation, Anguil Environmental Systems, Inc., Filtrační technika spol. s r. o., Condorchem Envitech, Eisenmann SE, Shandong Baolan Environmental Protection Engineering Co., Ltd., Ship & Shore Environmental, Inc., Taikisha Ltd. and THE CMM GROUP, LLC.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific regenerative thermal oxidizer market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific regenerative thermal oxidizer market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Table of Contents
1. Introduction
3. Research Methodology
4. Regenerative Thermal Oxidizer Market Landscape
5. Regenerative Thermal Oxidizer Market - Key Market Dynamics
6. Regenerative Thermal Oxidizer Market - Asia Pacific Analysis
7. Regenerative Thermal Oxidizer Market Analysis - By Type
8. Regenerative Thermal Oxidizer Market Analysis - By End User
9. Regenerative Thermal Oxidizer Market - Country Analysis
10. Regenerative Thermal Oxidizer Market- COVID-19 Impact Analysis
11. Industry Landscape
12. Company Profiles
13. Appendix
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Alliance Corporation
- Anguil Environmental Systems
- Condorchem Envitech
- EISENMANN SE
- Filtračnítechnikaspol. s r.o.
- Ship & Shore Environmental, Inc.
- Shandong Baolan Environmental Protection Engineering Co., Ltd.
- THE CMM GROUP, LLC
- Taikisha Ltd