Clean Air Act to drive air pollution control markets to 9% growth, $2.7 billion revenues by 2000.MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Jan. 10, 1995--Driven by implementation of enhancements of the U.S. Clean Air Act (CAA Caa See CCC. ) as well as new environmental regulation in Canada and Mexico, North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. sales of air pollution control equipment will grow from $1.5 billion in 1993 to $2.7 billion in the year 2000 at a 9% compound annual rate, projects a new study just released by Frost & Sullivan. Nitrogen oxide Noun 1. nitrogen oxide - any of several oxides of nitrogen formed by the action of nitric acid on oxidizable materials; present in car exhausts pollutant - waste matter that contaminates the water or air or soil control equipment will increase its share of total market revenues from 20% in 1993 to 28% in 2000 while scrubber equipment dips in share from 26 to 20% and oxidation systems hold steady in share at 23%, forecasts the report, "North American Air Pollution Control Equipment: Clean Air Act Amendments Continue to Drive Growth." Other market segments include fabric filters, electrostatic precipitators and carbon adsorption adsorption, adhesion of the molecules of liquids, gases, and dissolved substances to the surfaces of solids, as opposed to absorption, in which the molecules actually enter the absorbing medium (see adhesion and cohesion). systems. New production processes will increasingly incorporate instrumentation required to ensure improved environmental safety. Increasingly globalized competition is forcing many industries to reorganize production processes for greater efficiency at the same time employer awareness of environmental issues has grown and regulations have become more stringent. Though passed in 1990, the effects of the CAA on equipment markets will be felt into the 21st century. While many EPA EPA eicosapentaenoic acid. EPA abbr. eicosapentaenoic acid EPA, n.pr See acid, eicosapentaenoic. EPA, n. regulations carrying out the CAA have already been finalized, many more will be implemented through the rest of the decade. The CAA amendments represent the most comprehensive air pollution legislation ever implemented in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and will broaden and deepen the pollution equipment market through 2000 and beyond. The acid rain program's goal of reducing atmospheric sulfur dioxide sulfur dioxide, chemical compound, SO2, a colorless gas with a pungent, suffocating odor. It is readily soluble in cold water, sparingly soluble in hot water, and soluble in alcohol, acetic acid, and sulfuric acid. and nitrous oxide nitrous oxide or nitrogen (I) oxide, chemical compound, N2O, a colorless gas with a sweetish taste and odor. Its density is 1.977 grams per liter at STP. It is soluble in water, alcohol, ether, and other solvents. releases will bring substantial expansion of markets for flue gas desulfurization Flue gas desulfurization (FGD) is the current state-of-the art technology used for removing sulfur dioxide (SO2) from the exhaust flue gases in power plants that burn coal or oil to produce steam for the steam turbines that drive their electricity generators. and related particulate-control systems. Provisions to reduce ozone levels and limit hazardous pollutant emissions will bring near-term expansion of markets both for oxidation and adsorption systems. New developments make possible use of catalysts to convert toxic air pollutants at lower temperatures than in direct incineration incineration the act of burning to ashes. . One application with significant potential is the use of catalysts to reduce nitrous oxides and convert dioxins in municipal incineration systems. The market continues to have regional foci in the Northeastern states, southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, and the Texas area, where U.S. air quality problems have concentrated. Niche marketing will also be important in the APC (1) (American Power Conversion Corporation, West Kingston, RI, www.apcc.com) The leading manufacturer of UPS systems and surge suppressors, founded in 1981 by Rodger Dowdell, Neil Rasmussen and Emanual Landsman, three electronic power engineers who had worked at MIT. market. Larger corporations have continued consuming smaller ones. Mexico is on the brink of carrying out new air pollution control regulations that, along with the U.S./Canada Air Quality Agreement and the impact of CAA, position the continent for stronger air pollution control equipment market growth from all three major countries. As the North American market matures, the rest of the world will offer expanding opportunities for APC companies. Other countries and regions are becoming increasingly aware of the costs of industrial development in terms of air pollution, with Taiwan, Korea and eastern Europe prominent examples. Frost & Sullivan is an international high-technology research firm. All Frost & Sullivan reports are based on extensive interviews with marketing and technical experts from selected companies in each market segment. Primary research is validated by thorough analysis of available secondary research. Frost & Sullivan is the leading publisher worldwide of high-technology research reports. -0- Total Air Pollution Control Market Revenue Forecasts, (North America) 1990-2000
Year Revenues Revenue
($ mil) Growth
(%)
------------------------------------
1990 1,402.2 -
1991 1,337.2 (4.6)
1992 1,439.0 7.6
1993 1,513.1 5.1
1994 1,609.0 6.3
1995 1,717.7 6.8
1996 1,871.7 9.0
1997 2,109.1 12.7
1998 2,366.8 12.2
1999 2,550.7 7.8
2000 2,674.2 4.8
-----------------------------------
8.5%
Report: 5194-15 Publication Date: December 1994 Price: $2,395 CONTACT: Frost & Sullivan, Mountain View
Amy Arnell, 415/961-9000 or fax, 415/961-5042
Frost & Sullivan, London
Kristina Menzefricke, 44 171 730 3438
or fax, 44 171 730 3343
Frost & Sullivan, Paris
Nadege Keryhuel, 33 1 4742 9127
or fax, 33 1 4742 9129 (Paris)
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