The regenerative thermal oxidizer market in Asia Pacific was valued US$ 1.96 billion in 2019 and is projected to reach US$ 2.52 billion by 2027; it is expected to grow at a CAGR of 3.3% from 2020 to 2027.
The growth of regenerative thermal oxidizer market is driven by stringent rules and normsimposed by several governments. Air pollution is a critical concern for every government across the globe. Attributing to this, the governments worldwide are actively emphasizing on the reduction of air pollution. Industrialization is a major cause of air pollution; however, industrialization also benefits the government in terms of GDP. Thus, the governments have been imposing stringent rules and norms to fight air pollution without reducing the count of manufacturing units.
The majority of the governments have enacted laws to preserve the environment and control air pollutions caused by industrial emission. These laws and regulations pressurized the manufacturers to capitalize on advanced technologies to reduce the quantity of emitted toxic substances and gasses. For instance, the Chinese government mandated that any construction of new industrial facilities that may affect the atmospheric environment must be preceded by environmental impact assessments and standards for the emission of atmospheric pollutants, and the total emission control requirements for key atmospheric pollutants must be met.
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 RTO segment held the largest share of Europe regenerative 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.
The Asia Pacificregenerative thermal oxidizer market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the Asia Pacificregenerative thermal oxidizer market with respects to all the segments. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Asia Pacificregenerative thermal oxidizer market. A few of the players operating in the Asia Pacificregenerative thermal oxidizer market are Alliance Corporation, Anguil Environmental Systems, Inc., Filtra?n? technika spol. s r.o., Condorchem Envitech, Eisenmann SE, Shandong Baolan Environmental Protection Engineering Co., Ltd., Ship & Shore Environmental, Inc., Taikisha Ltd. and THE CMM GROUP, LLC.
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TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Regenerative Thermal Oxidizer Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Asia-Pacific - PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Regenerative Thermal Oxidizer Market - Key Market Dynamics
5.1 Key Market Driver
5.1.1 Rise in the Emission Quantity of Toxic Substances
5.1.2 Governmental Acts to Drive the Adoption Rate
5.2 Key Market Restraint
5.2.1 Rising development of Substitute Products in the Market
5.3 Key Market Opportunity
5.3.1 Industries in Emerging Economies to Stimulate Demand
5.4 Future Trends
5.4.1 Cost Reduction and Energy Saving Factors to Attract End Users
5.5 Impact Analysis of Drivers and Restraints
6. Regenerative Thermal Oxidizer Market - Asia Pacific Analysis
6.1 Regenerative Thermal Oxidizer Market Asia Pacific Overview
6.2 Market Positioning - Five Key Players
7. Regenerative Thermal Oxidizer Market Analysis - By Type
7.1 Overview
7.1.1 Asia Pacific: Regenerative Thermal Oxidizer Market Breakdown, by Type, 2019 & 2027
7.2 Single Bed
7.2.1 Overview
7.2.2 Single Bed Market Revenue and Forecast to 2027 (US$ Million)
7.3 Double Bed
7.3.1 Overview
7.3.2 Double Bed Market Revenue and Forecast to 2027 (US$ Million)
7.4 Triple Bed
7.4.1 Overview
7.4.2 Triple Bed Market Revenue and Forecast to 2027 (US$ Million)
8. Regenerative Thermal Oxidizer Market Analysis - By End User
8.1 Overview
8.2 Asia Pacific: Regenerative Thermal Oxidizer Market Breakdown, by End User, 2019 & 2027
8.3 Automotive
8.3.1 Overview
8.3.2 Automotive Market Revenue and Forecast to 2027 (US$ Million)
8.4 Chemical
8.4.1 Overview
8.4.2 Chemical Market Revenue and Forecast to 2027 (US$ Million)
8.5 Coating and Printing Industry
8.5.1 Overview
8.5.2 Coating and Printing Industry Market Revenue and Forecast to 2027 (US$ Million)
8.6 Pharmaceutical
8.6.1 Overview
8.6.2 Pharmaceutical Market Revenue and Forecast to 2027 (US$ Million)
8.7 Semiconductor
8.7.1 Overview
8.7.2 Semiconductor Market Revenue and Forecast to 2027 (US$ Million)
8.8 Others
8.8.1 Overview
8.8.2 Others Market Revenue and Forecast to 2027 (US$ Million)
9. Regenerative Thermal Oxidizer Market - Country Analysis
9.1 Overview
9.1.1 APAC: Regenerative Thermal Oxidizer Market, by Key Country
9.1.1.1 China: Regenerative Thermal Oxidizer Market - Revenue, and Forecast to 2027 (US$ Million)
9.1.1.1.1 China: Regenerative Thermal Oxidizer Market, by Type
9.1.1.1.2 China: Regenerative Thermal Oxidizer Market, by End User
9.1.1.2 Japan: Regenerative Thermal Oxidizer Market - Revenue, and Forecast to 2027 (US$ Million)
9.1.1.2.1 Japan: Regenerative Thermal Oxidizer Market, by Type
9.1.1.2.2 Japan: Regenerative Thermal Oxidizer Market, by End User
9.1.1.3 India: Regenerative Thermal Oxidizer Market - Revenue, and Forecast to 2027 (US$ Million)
9.1.1.3.1 India: Regenerative Thermal Oxidizer Market, by Type
9.1.1.3.2 India: Regenerative Thermal Oxidizer Market, by End User
9.1.1.4 Australia: Regenerative Thermal Oxidizer Market - Revenue, and Forecast to 2027 (US$ Million)
9.1.1.4.1 Australia: Regenerative Thermal Oxidizer Market, by Type
9.1.1.4.2 Australia: Regenerative Thermal Oxidizer Market, by End User
9.1.1.5 South Korea: Regenerative Thermal Oxidizer Market - Revenue, and Forecast to 2027 (US$ Million)
9.1.1.5.1 South Korea: Regenerative Thermal Oxidizer Market, by Type
9.1.1.5.2 South Korea: Regenerative Thermal Oxidizer Market, by End User
9.1.1.6 Rest of APAC: Regenerative Thermal Oxidizer Market - Revenue, and Forecast to 2027 (US$ Million)
9.1.1.6.1 Rest of APAC: Regenerative Thermal Oxidizer Market, by Type
9.1.1.6.2 Rest of APAC: Regenerative Thermal Oxidizer Market, by End User
10. Regenerative Thermal Oxidizer Market- COVID-19 Impact Analysis
10.1 Overview
10.1.1 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Market Initiative
12. Company Profiles
12.1 Alliance Corporation
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Anguil Environmental Systems
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Condorchem Envitech
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 EISENMANN SE
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Filtra?n? technika spol. s r.o.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Ship and Shore Environmental, Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Shandong Baolan Environmental Protection Engineering Co., Ltd.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 THE CMM GROUP, LLC
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Taikisha Ltd
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 About
13.2 Word Index
LIST OF TABLES
Table 1. Asia Pacific Regenerative Thermal Oxidizer Market - Revenue and Forecast to 2027 (US$ Million)
Table 2. APAC: Regenerative Thermal Oxidizer Market, by Type - Revenue and Forecast to 2027 (US$ Million)
Table 3. APAC: Regenerative Thermal Oxidizer Market, by End User - Revenue and Forecast to 2027 (US$ Million)
Table 4. APAC Aerospace & Defense Power Connectors Market, by Country - Revenue and Forecast to 2027 (USD Million)
Table 5. China: Regenerative Thermal Oxidizer Market, by Type -Revenue and Forecast to 2027 (US$ Million)
Table 6. China: Regenerative Thermal Oxidizer Market, by End User -Revenue and Forecast to 2027 (US$ Million)
Table 7. Japan: Regenerative Thermal Oxidizer Market, by Type -Revenue and Forecast to 2027 (US$ Million)
Table 8. Japan: Regenerative Thermal Oxidizer Market, by End User -Revenue and Forecast to 2027 (US$ Million)
Table 9. India: Regenerative Thermal Oxidizer Market, by Type -Revenue and Forecast to 2027 (US$ Million)
Table 10. India: Regenerative Thermal Oxidizer Market, by End User -Revenue and Forecast to 2027 (US$ Million)
Table 11. Australia: Regenerative Thermal Oxidizer Market, by Type -Revenue and Forecast to 2027 (US$ Million)
Table 12. Australia: Regenerative Thermal Oxidizer Market, by End User -Revenue and Forecast to 2027 (US$ Million)
Table 13. South Korea: Regenerative Thermal Oxidizer Market, by Type -Revenue and Forecast to 2027 (US$ Million)
Table 14. South Korea: Regenerative Thermal Oxidizer Market, by End User -Revenue and Forecast to 2027 (US$ Million)
Table 15. Rest of APAC: Regenerative Thermal Oxidizer Market, by Type -Revenue and Forecast to 2027 (US$ Million)
Table 16. Rest of APAC: Regenerative Thermal Oxidizer Market, by End User -Revenue and Forecast to 2027 (US$ Million)
Table 17. List of Abbreviation
LIST OF FIGURES
Figure 1. Regenerative Thermal Oxidizer Market Segmentation
Figure 2. Regenerative Thermal Oxidizer Market Segmentation - By Country
Figure 3. Asia Pacific Regenerative Thermal Oxidizer Market Overview
Figure 4. Double Bed Segment Held the Largest Share During Forecast Period
Figure 5. Chemical Segment Dominated the Market
Figure 6. India to Show Great Traction During Forecast Period
Figure 8. Asia-Pacific - PEST Analysis
Figure 9. Ecosystem Analysis
Figure 10. Expert Opinion
Figure 11. Regenerative Thermal Oxidizer Market: Impact Analysis of Drivers and Restraints
Figure 12. Asia Pacific Regenerative Thermal Oxidizer Market - Revenue and Forecast to 2027 (US$ Million)
Figure 13. Asia Pacific: Regenerative Thermal Oxidizer Market Breakdown, by Type (2019 and 2027)
Figure 14. Single Bed Market Revenue and Forecast to 2027 (US$ Million)
Figure 15. Double Bed Market Revenue and Forecast to 2027 (US$ Million)
Figure 16. Triple Bed Market Revenue and Forecast to 2027 (US$ Million)
Figure 17. Asia Pacific: Regenerative Thermal Oxidizer Market Breakdown, by End User (2019 and 2027)
Figure 18. Automotive Market Revenue and Forecast to 2027 (US$ Million)
Figure 19. Chemical Market Revenue and Forecast to 2027 (US$ Million)
Figure 20. Coating and Printing Industry Market Revenue and Forecast to 2027 (US$ Million)
Figure 21. Pharmaceutical Market Revenue and Forecast to 2027 (US$ Million)
Figure 22. Semiconductor Market Revenue and Forecast to 2027 (US$ Million)
Figure 23. Other End User Market Revenue and Forecast to 2027 (US$ Million)
Figure 24. APAC: Regenerative Thermal Oxidizer Market Revenue Share, by Key Country (2019 and 2027)
Figure 25. China: Regenerative Thermal Oxidizer Market - Revenue, and Forecast to 2027 (US$ Million)
Figure 26. Japan: Regenerative Thermal Oxidizer Market - Revenue, and Forecast to 2027 (US$ Million)
Figure 27. India: Regenerative Thermal Oxidizer Market - Revenue, and Forecast to 2027 (US$ Million)
Figure 28. Australia: Regenerative Thermal Oxidizer Market - Revenue, and Forecast to 2027 (US$ Million)
Figure 29. South Korea: Regenerative Thermal Oxidizer Market - Revenue, and Forecast to 2027 (US$ Million)
Figure 30. Rest of APAC: Regenerative Thermal Oxidizer Market - Revenue, and Forecast to 2027 (US$ Million)
Figure 31. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
The List of Companies - Asia Pacific Regenerative Thermal Oxidizer Market
1. Alliance Corporation
2. Anguil Environmental Systems
3. CondorchemEnvitech
4. EISENMANN SE
5. Filtra?n?technikaspol. s r.o.
6. Ship & Shore Environmental, Inc.
7. Shandong Baolan Environmental Protection Engineering Co., Ltd.
8. THE CMM GROUP, LLC
9. Taikisha Ltd