What is Global Fluidized Bed Concentrator (FBC) Market?
The Global Fluidized Bed Concentrator (FBC) Market is a dynamic and rapidly evolving sector that has seen significant growth in recent years. The FBC technology is a type of air pollution control equipment that is used to remove volatile organic compounds (VOCs) and hazardous air pollutants from industrial exhaust streams. The technology works by passing the polluted air through a bed of activated carbon particles, which absorb the pollutants and clean the air. The global FBC market was valued at US$ 17 million in 2022 and is projected to reach US$ 24 million by 2029, growing at a compound annual growth rate (CAGR) of 5.0% during the forecast period 2023-2029.
Global Fluidized Bed Concentrator (FBC) Market Outlook:
The global FBC market is dominated by North America, which holds about 61% of the market share. This can be attributed to the stringent air pollution control regulations in the region. Japan follows North America, accounting for about 29% of the market share. The top three companies in the global FBC market hold about 85% of the market share, indicating a high level of market concentration. However, the market is expected to become more competitive in the future with the entry of new players and the development of innovative FBC technologies.
Report Metric | Details |
Report Name | Fluidized Bed Concentrator (FBC) Market |
Accounted market size in 2023 | US$ 18 million |
Forecasted market size in 2029 | US$ 24 million |
CAGR | 5.0 |
Base Year | 2023 |
Forecasted years | 2023 - 2029 |
Segment by Type |
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Segment by Application |
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Production by Region |
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Sales by Region |
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By Company | TKS Industrial, Kurekan, CECO Environmental, Environmental C&C, Topcent Enviro |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |