DUBLIN--(BUSINESS WIRE)--The "Asia Pacific Regenerative Thermal Oxidizer Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type; End-user; and Country" report has been added to ResearchAndMarkets.com's offering.
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.
Key Topics Covered:
1. Introduction
1.1 Study Scope
1.2 Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Regenerative Thermal Oxidizer Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Asia-Pacific - PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Regenerative Thermal Oxidizer Market - Key Market Dynamics
5.1 Key Market Driver
5.2 Key Market Restraint
5.3 Key Market Opportunity
5.4 Future Trends
5.5 Impact Analysis of Drivers and Restraints
6. Regenerative Thermal Oxidizer Market - Asia Pacific Analysis
6.1 Regenerative Thermal Oxidizer Market Asia Pacific Overview
6.2 Market Positioning - Five Key Players
7. Regenerative Thermal Oxidizer Market Analysis - By Type
7.1 Overview
7.2 Single Bed
7.3 Double Bed
7.4 Triple Bed
8. Regenerative Thermal Oxidizer Market Analysis - By End User
8.1 Overview
8.2 Asia Pacific: Regenerative Thermal Oxidizer Market Breakdown, by End User, 2019 & 2027
8.3 Automotive
8.4 Chemical
8.5 Coating and Printing Industry
8.6 Pharmaceutical
8.7 Semiconductor
8.8 Others
9. Regenerative Thermal Oxidizer Market - Country Analysis
9.1 Overview
9.1.1 APAC: Regenerative Thermal Oxidizer Market, by Key Country
9.1.1.1 China: Regenerative Thermal Oxidizer Market - Revenue, and Forecast to 2027 (US$ Million)
9.1.1.2 Japan: Regenerative Thermal Oxidizer Market - Revenue, and Forecast to 2027 (US$ Million)
9.1.1.3 India: Regenerative Thermal Oxidizer Market - Revenue, and Forecast to 2027 (US$ Million)
9.1.1.4 Australia: Regenerative Thermal Oxidizer Market - Revenue, and Forecast to 2027 (US$ Million)
9.1.1.5 South Korea: Regenerative Thermal Oxidizer Market - Revenue, and Forecast to 2027 (US$ Million)
9.1.1.6 Rest of APAC: Regenerative Thermal Oxidizer Market - Revenue, and Forecast to 2027 (US$ Million)
10. Regenerative Thermal Oxidizer Market- COVID-19 Impact Analysis
10.1 Overview
10.1.1 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Market Initiative
12. Company Profiles
12.1 Alliance Corporation
12.2 Anguil Environmental Systems
12.3 Condorchem Envitech
12.4 EISENMANN SE
12.5 Filtran technika spol. s r.o.
12.6 Ship and Shore Environmental, Inc.
12.7 Shandong Baolan Environmental Protection Engineering Co., Ltd.
12.8 THE CMM GROUP, LLC
12.9 Taikisha Ltd
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