Fluidized Bed Concentrator (FBC) Market to Reach $4.9 Billion, Globally, by 2032 at 7.9% CAGR: Allied Market Research
Wilmington, Delaware, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled, "Fluidized Bed Concentrator (FBC) Market by Flow Rate (below 10000 CFM, 10000-50000 CFM and above 50000 CFM), and Application (Paint Finishing, Semiconductor, Printing, Chemical Production and Others): Global Opportunity Analysis and Industry Forecast, 2024-2032". According to the report, the fluidized bed concentrator (FBC) market was valued at $2.5 billion in 2023, and is estimated to reach $4.9 billion by 2032, growing at a CAGR of 7.9% from 2024 to 2032.
Prime determinants of growth
The fluidized bed concentrator (FBC) market is growing due to stringent environmental regulations globally, driving the effective air pollution control solutions. FBC systems are preferred for their versatility in treating various pollutants, including volatile organic compounds (VOCs) and particulate matter, across industries. In addition, advancements in technology improving system efficiency and reliability, coupled with increasing awareness and adoption of sustainable industrial practices, further drive market expansion. Cost-effectiveness and regulatory compliance are key factors influencing the growth trajectory of the FBC market.
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Report coverage & details:
| Report Coverage | Details |
| Forecast Period | 2024–2032 |
| Base Year | 2023 |
| Market Size in 2023 | $2.5 billion |
| Market Size in 2032 | $4.9 billion |
| CAGR | 7.9% |
| No. of Pages in Report | 220 |
| Segments Covered | Flow Rate and Application |
| Drivers | Increasing regulations worldwide requiring industries to reduce emissions Continuous improvements in FBC technology Expansion of industrial activities in emerging economies |
| Opportunities | Rapid industrialization in Asia-Pacific and Latin America Increasing emphasis on sustainable practices and environmentally friendly pollution control technologies |
| Restraint | High initial investments Technical complexity |
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The 10, 000 to 50, 000 CFM segment is expected to exhibit fastest growth throughout the forecast period
By flow rate, the 10, 000 to 50, 000 CFM segment is anticipated to experience faster growth in the fluidized bed concentrator market due to medium-sized industrial operations across sectors like manufacturing and chemical production, where stringent environmental regulations drive the adoption of efficient emission control technologies. These systems offer a balanced approach, combining effective pollutant removal with cost efficiency, making them attractive to industries optimizing operational costs while ensuring compliance. Technological advancements further enhance their appeal by improving performance and reliability.
The semiconductor segment is likely to exhibit fastest growth throughout the forecast period
By application, the semiconductor segment is anticipated to experience faster growth for the fluidized bed concentrator market due to stringent regulatory requirements globally, which mandate the reduction of volatile organic compounds (VOCs) and other hazardous emissions. As semiconductor manufacturing expands globally, particularly in Asia-Pacific region, there is increasing demand for efficient air pollution control technologies like FBCs. These systems offer precise VOC capabilities, ensuring compliance with environmental standards while supporting uninterrupted production processes in cleanroom environments critical for semiconductor fabrication.
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Asia-Pacific is expected to exhibit fastest growth throughout the forecast period
North America accounted for the highest market share in 2023, however, Asia-Pacific is expected to grow with a highest CAGR during the forecast period due to rapid industrialization and urbanization in countries like China, India, and Southeast Asia which are driving stringent environmental regulations. These regulations compel industries to adopt advanced air pollution control technologies such as FBC systems to mitigate emissions effectively. In addition, increasing awareness of environmental sustainability and government initiatives supporting clean technologies further accelerate market growth in the Asia-Pacific region.
Players: -
- CECO Environmental
- DuPont Clean Technologies
- Babcock & Wilcox
- Dürr AG
- FLSmidth & Co. A/S
- Eisenmann SE
- CTP Chemisch Thermische Prozesstechnik GmbH
- Anguil Environmental Systems, Inc.
- Advanced Cyclone Systems
- Gulf Coast Environmental Systems
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