Report : Europe Regenerative Thermal Oxidizer Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type (Single Bed RTO, Double Bed RTO, and Triple Bed RTO); End-user (Automotive, Chemical, Coating and Printing, Pharmaceutical, Semiconductor, and Others); and Country
Double Bed RTO Segment to Dominate Europe Regenerative Thermal Oxidizer Market during 2019–2027
According to The Insight Partners market research study on “EuropeRegenerative Thermal OxidizerMarketto 2027 – Regional Analysis and Forecast by Type and End-User,”is expected to reach US$ 3.97 Bn by 2027 from US$ 2.92 Bn in 2019. The market is estimated to grow at a CAGR of 4.0%from 2020 to 2027. The report provides trends prevailing in the Europeregenerative thermal oxidizer marketalong with the drivers and restraints pertaining to the market growth.The stringent rules and regulations set by the governmentscoupled with rise in volume of toxic substances are the major factors driving the growth of the regenerative thermal oxidizer market. However, rising adoption of bio-scrubbers and bio-filters might hinder the growth of Europeregenerative thermal oxidizer market.
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 RTOsegment held the largest share of Europeregenerative 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.
Alliance Corporation, Anguil Environmental Systems, Condorchem Envitech, EISENMANN SE, Filtra?ní technika spol. s r.o Ship & Shore Environmental, Inc., Shandong Baolan Environmental Protection Engineering Co., Ltd., and Taikisha Ltdare among the leading companies 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.
The report segments the Europe Regenerative Thermal Oxidizer market as follows:
Regenerative Thermal Oxidizer Market– By Type
Regenerative Thermal Oxidizer Market – By End-User
Regenerative Thermal Oxidizer Market – By Country
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