Asia Pacific Regenerative Thermal Oxidizer Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type ; End-user ; and Country

Asia Pacific Regenerative Thermal Oxidizer Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type ; End-user ; and Country

  • July 2020 •
  • 85 pages •
  • Report ID: 5934780 •
  • Format: PDF
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., Filtra?ní 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.
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