Category Intelligence on Emission Control Australia covers the following
Emission strategy: The emissions monitoring awareness and strategies in industries are transitioning into a bigger spends and market is constant demand.
Regulatory changes : Government policies and regulations pertaining to both carbon and green house gases have been undergoing a complete revamp to be executed in an effective and efficient manner. Both the buyers and suppliers are responsible for containing air pollution.
Technology adoption rate: Suppliers are focusing more on adopting various advanced technologies for controlled emission.
Strategic acquisition: Corporate buyers are actively making acquisitions in the industry. In some cases, this involves large industrial conglomerates wishing to gain a foothold in the growing emissions control market.
Performance-based KPIs: Variation in KPIs is increasing significantly. Australia is strongly focusing on improving amendments toward regulatory compliances and disposal/emission services.
Revenue: End-user analysis: The Industrial Air Pollution Control Equipment revenue shows a high growth opportunity in mining & metal sector, owing to steel production and average growth in power & energy, petrochemical sectors with a significant decrease in the utilities sector.
Regulatory changes: As government emissions standards grow increasingly stricter, businesses and equipment operators may need to upgrade their emissions control systems, resulting in a positive impact on demand for new systems.
Appetite for niche leaders: There are many specific technology and end?market niches and specialties in the emissions control space, and many buyers find it easier to buy vs. build capabilities that cater to a particular market segment.
Strategic acquisition: The market is witnessing acquisitions across many different emissions control segments and solutions. Although some high?profile transactions have been completed, the majority of acquisitions in this industry involve middle?market (or smaller) targets.
Integrated approach: Companies have started evaluating options to combine waste management and air pollution control/emissions under one roof to achieve sustainability.
Technology spend: Since this is a high technology market with a significant expense on R&D, there is an upward trend of Flue Gas Desulfurization (FGD) and Selective Catalytic Reduction (SCR) technologies in the market and bound to raise further.
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