Business Services Industry

Stricter Pollution Control Regulations Drive Industrial Air Pollution Control Market in Southeast Asia

Business Wire, Feb 12, 2007

DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c50271) has announced the addition of the new Frost & Sullivan Report "Southeast Asian Industrial Air Pollution Control Equipment Markets" to their offering.

This Frost & Sullivan research service titled Southeast Asian Industrial Air Pollution Control Equipment Market provides overview of and forecasts for the APCE markets in the region along with a complete analysis of drivers, restraints, and market trends that are influencing the revenues of the industrial air pollution control equipment markets. In this research service, Frost & Sullivan's expert analysts thoroughly examine the following applications: ESP, fabric filter, and scrubbers.

Market Sectors

Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:

By End User Verticals:

* Power plants

* Chemicals and petrochemicals

* Cement

* Steel and metal smelters

* Oil refineries

Technologies

The following technologies are covered in this research:

* Electrostatic precipitator

* Fabric filters

* Scrubbers

Market Overview

Stricter Pollution Control Regulations Drive Industrial Air Pollution Control Market in Southeast Asia

Southeast Asia is seeing a new wave of regulations and stringent implementation of legislation aimed at controlling the increasing levels of industrial pollution, which is driving growth in the industrial air pollution control equipment (APCE) market. Since tourism is a key industry in countries of this region, they need to sustain their attraction for tourists by offering a cleaner, pollution-free environment, which translates into better enforcement of installation of APCE in stationary emitting facilities. The presence of innovations in air pollution control such as the agglomerator, which captures fine particulates of size 2.5 microns, is likely to bring about further changes in legislation for particulate matter. This is also likely to activate a new wave of filters and electrostatic precipitator (ESP) sales.

Increasing medical costs due to the emission of harmful industrial pollutants have also contributed to this proactive move to control industrial pollution, thus creating a surge in the APCE market. Emissions from factories have contaminated the ambient air, necessitating some strong steps to clean up the air. This is made more significant as chemicals accumulating in the atmosphere come down as acid rain or cause a number of respiratory and cardio-vascular diseases. Such chemical pollution-related health hazards are costing Southeast Asia an estimated $18.40 billion a year in medical expenses and lost productivity, thus creating a vast market for APCE, says the analyst of this research service.

Overseas Investments to Set Quality Standards for Domestic Companies

Overseas manufacturers are finding it easy to participate in Southeast Asian countries due to low tariffs on imports and tax incentives. Most of these foreign companies have the financial strength to invest in R&D initiatives. They have brand recognition and can leverage from economies of scale as well as bigger marketing budgets, which help product penetration in the market. Domestic firms, in many cases, lose out in this aspect. They also face issues of technological inefficiency and inability to cut through bureaucracy or offer proactive maintenance and after-sales services.

On the other hand, domestic APCE companies have traditionally not been very enthusiastic participants due to the constraints of initial capital costs in R&D, development, and installation of APCE as well as intellectual property rights (IPR) issues. After the entry of foreign companies, domestic enterprises in Malaysia, Indonesia, Singapore, Thailand, and Taiwan have started installing filters, ESPs, and scrubbers at low costs, notes the analyst. Although these low-priced equipment do not provide the longevity or the quality that bigger brands offer, they have been able to establish a market of their own. This grey market is now posing a challenge to overseas suppliers, as companies in this space need to invest less in terms of the production of emission trapping equipment, geographic diversification, and product advertisement, thus benefiting from easier market positioning.

For more information, visit http://www.researchandmarkets.com/reports/c50271

COPYRIGHT 2007 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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