|
The market is projected to continue growing, despite the current economic hardships faced by emission generating industries.
New analysis from Frost & Sullivan (environmental.frost.com), South African Air Pollution Control Market, finds that the market was worth $2,729.5 million in 2008 and is estimated to reach $3,665.5 million in 2015. The following market sectors are covered in this study: energy and power, chemicals and petrochemicals, steel and metals, pulp and paper and, cement and brick manufacturing.
If you are interested in a virtual brochure, which provides a brief synopsis of the research and a table of contents, then send an email to Patrick Cairns, Corporate Communications, at patrick.cairns[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. Upon receipt of the above information, a brief brochure will be sent to you by email.
"The recent tightening of legislation has been a major driver behind growth in this market," notes Frost & Sullivan Research Analyst Derrick Chikanga. "The Air Quality Act, which was passed into law in 2005, addresses all the short-comings that existed during the previous Atmospheric Pollution Prevention Act."
The new Air Quality Act focuses on ambient control rather than emissions control. As a result, the act presents new challenges to industries, as it imposes far stricter regulations and heftier penalties for non-compliant companies than ever before. Currently, non-compliance by emission generators is still a major obstacle for the development of this market.
"Previously, most emission generators considered emissions control as a 'nice-to-have' technology rather than an essential requirement," explains Chikanga. "As such, fume abatement technology is viewed as a grudge purchase, a capital cost not adding to the bottom line."
Despite numerous challenges present as a result of non-compliance by some industrial segments, the market still presents numerous opportunities for growth. The energy and power sector, being the largest emissions generator, is currently undertaking an expansion initiative.
South Africa's national electricity utility, Eskom, has embarked on an expansion drive to increase generation capacity and ensure a reliable supply of electricity to the country. Expansion in operations is likely to be accompanied by increased green house gas (GHG) emissions.
To capitalise on growth opportunities, equipment suppliers will need to provide low-cost but reliable technology types to this market.
"Both the power generation and petrochemical industries are expected to generate large volumes of emissions as they embark on their expansion drive," comments Chikanga. "The strict enforcement of legislation guarantees the need for responsible and holistic air pollution control mechanisms by these industries."
South African Air Pollution Control Market is part of the Environmental Growth Partnership Services programme, which also includes research in the following markets: South African Solid Waste Management Market, Southern African Waste Management Market, South African Waste-to-energy Market and, South African Hazardous Waste Management Market. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 35 offices on six continents.
South African Air Pollution Control Market / M430
|