4.2% Global CAGR for Regenerative Thermal Oxidizer Market to achieve USD 11.75billion by 2027

EISENMANN, ALLIANCE CORPORATION, ANGUIL ENVIRONMENTAL SYSTEMS, CATALYTIC PRODUCTS INTERNATIONAL, AND SHIP & SHORE ENVIRONMENTAL – PROMINENT MARKET PARTICIPANTS IN REGENERATIVE THERMAL OXIDIZER MARKET

The European countries are well-established in terms of industrialization and pose a higher adoption rate of advanced solutions to boost productivity. In addition, the European manufacturers are required to adhere to the environmental pollution control norms set by the governments and environmental protection authorities. Countries such as Germany, France, the UK, Russia, Italy, and Spain, among others, emphasize heavily towards the protection of the environment from airborne pollutants from manufacturing facilities. With an objective to adhere to the norms and reduce air pollution, the industry players are actively concentrating on the adoption of exhaust pollution protection systems such as RTO. This is supporting the growth of the regenerative thermal oxidizer market.The European countries are concentrated with several industries, including food & beverage, automobiles, aerospace, chemicals, pharmaceuticals, and semiconductor, among others. These industries have a large number of manufacturing facilities across countries, and owing to the significant demand for respective industry products, the manufacturing facilities continue to surge in counts. Thus, with the rise in the number of production units, the demand for RTO is also increasing.

Alliance Corporation, Anguil Environmental Systems, Inc., Catalytic Products International, EISENMANN SE, Ship & Shore Environmental, Inc. are among the key market players operating in the regenerative thermal oxidizer market. The listing of key players is derived by considering multiple factors such as brand image, current RTO product & service portfolio, geographic reach, new product launches, market initiatives, investment in technology upgradation, mergers & acquisitions, and other market-related activities. Few of the important market initiatives and product developments from the market are mentioned below:

Year

News

Country

2020 CPI installed 2,000 SCFM Triton-II-2.95 RTO to control VOC emissions from six tank vents at a facility. In addition, the company also installed a dual mist eliminator to regulate submicron inorganic particle emissions from a tank venting process prior to going to the RTO. North America
2019 CPI installed an RTO with +99% DRE at the Northeastern USA web coater for the destruction of VOCs and HAPs. The 60,000 SCFM Triton II-60.97 RTO will regulate HAP and VOC emissions from three web coating lines and related ovens at the facility North America
2016 Leading petrochemical companies in China demanded to abate VOC emissions from purified terephthalic acid (PTA) plant. methyl acetate, xylene, benzene, methyl bromide, methanol, and CO were few emissions caused due to the manufacturing process at the plant. The company installed a 22,500 SCFM 3-canister RTO of 99% VOC destruction with 95% thermal energy recovery (TER). APAC

 

Leave a Reply

Your email address will not be published. Required fields are marked *