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Innovation and Regulatory Measures Drive Growth in Southeast Asian Industrial Pollution Control Equipment Markets

Posted on: Monday, 10 July 2006, 21:00 CDT

PALO ALTO, Calif., July 10 /PRNewswire/ -- Pollution control regulations and their strict enforcement are driving growth in the industrial air pollution control equipment market (APCE) in the Southeast Asian region. Most countries in the region adopted these laws in the 1970s, but over the years there have been the addition of specific clauses to tackle pollution from newer sources.

The new analysis from Frost & Sullivan (http://www.environment.frost.com/ ) entitled Southeast Asian Industrial Air Pollution Control Equipment Market finds that this market earned revenues of $109 million in 2005 and estimates to reach $239 million in 2012.

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the latest analysis of the Southeast Asian industrial air pollution control equipment market, then send an e-mail to Donna Jeremiah, Corporate Communications, at djeremiah@frost.com with your full name, company name, title, telephone number, e-mail address, city, state, and country. We will send you the overview by e-mail upon receipt of the above information.

Recent innovations such as the agglomerator, which captures fine particulates of size 2.5 microns, are likely to bring about further changes in legislation as well as activate a new wave of filters and electrostatic precipitators (ESPs) sales. The latest statutes and legislations also mention specific standards for stationary pollutants also, with penalties and fines mandated for non-adherence.

Southeast Asian countries also offer low tax rates as well as pro- enterprise taxes for APCE manufacturers and services. This tax mechanism enables companies to claim tax deduction for expenses on R&D activities outsourced to any local or foreign-based R&D organization. Moreover, the monitoring of emission from vehicles is free of any bureaucratic process, paving the way for greater scope for investment in technological innovation. As a result, these companies are able to leverage economies of scale and bigger marketing budgets, which help product penetration and provide a boost to the APCE market.

"The governments of this region are welcoming foreign companies with better technologies to give an impetus to the APCE market," notes Frost & Sullivan Research Analyst Sundhar Parthasarathy. "Tax incentives and subsidies from environmental administration are also likely to drive growth in the market."

Until recently, legislations largely ignored the pollution caused by stationary sources such as industrial plants. Polluting agents such as coal burning units have seen a decline in working efficiencies and emission control over the last three decades.

"The governments of Singapore, Hong Kong and Indonesia have judiciously borrowed relevant and specific environmental clauses as well as yardsticks for emission control for stationary sources from European countries," says Parthasarathy.

The environmental administration in these countries should also increase budget and manpower allocation for monitoring emissions from these sources and also enforce clear-cut minimum emission standards for plant operation license renewal. These units will need to upgrade and, in some cases, replace the installed ESPs, filters and scrubbers. This is likely to witness the creation of a whole new APCE market sector in this region.

Southeast Asian Industrial Air Pollution Control Equipment Market is part of the Environment Subscription, which also includes research in the following markets: air pollution monitoring as well as water and wastewater treatment. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants. Interviews with the press are available.

Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit http://www.frost.com/ .

Southeast Asian Industrial Air Pollution Control Equipment 4B98 Contact: Donna Jeremiah Corporate Communications - Asia Pacific P: +603 6304 5832 F: +603 6201 7402 E: djeremiah@frost.com Trisha Bradley Corporate Communications - North America P: 210.247.3870 F: 210.348.1003 E: trisha.bradley@frost.com Magdalena Oberland Corporate Communications - Europe P: +44 (0) 20 7915 7876 F: +44 (0) 20 7730 3343 E: magdalena.oberland@frost.com Sharmin Jassal Corporate Communications - Australia P: +61 2 8247 8900 F: +61 2 9252 8066 E: sharmin.jassal@frost.com http://www.frost.com/

Keywords: industrial pollution, pollution control equipment, Southeast Asia, regulation, research, information, market, trends, technology, service, forecast, market share

Frost & Sullivan

CONTACT: Donna Jeremiah, Corporate Communications - Asia Pacific,+603-6304-5832, or fax, +603-6201-7402, or djeremiah@frost.com , or TrishaBradley, Corporate Communications - North America, +1-210-247-3870, or fax,+1-210-348-1003, or trisha.bradley@frost.com , or Magdalena Oberland,Corporate Communications - Europe, +44-0-20-7915-7876, or fax,+44-0-20-7730-3343, or magdalena.oberland@frost.com , or Sharmin Jassal,Corporate Communications - Australia, +61-2-8247-8900, or fax,+61-2-9252-8066, or sharmin.jassal@frost.com , all of Frost & Sullivan

Web site: http://www.frost.com/http://www.environment.frost.com/

Source: PRNewswire

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